Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks) - Page 39 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks)

Reply
 
Thread Tools
  #381 (permalink)  
Old 14-05-2021, 01:34 AM
Unregistered
Guest
 
Posts: n/a
Default

Is bank VP a mid manager? I know someone who is an engineering VP in one of the big public transport company and definitely earn more than 300k pa..

Reply With Quote
  #382 (permalink)  
Old 14-05-2021, 09:37 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Is bank VP a mid manager? I know someone who is an engineering VP in one of the big public transport company and definitely earn more than 300k pa..
For local banks yes. No way a local bank vp gets 300k, even 200k is not guaranteed but only for the higher level vps. Titles in local banks are grossly inflated.

Reply With Quote
  #383 (permalink)  
Old 14-05-2021, 10:32 AM
Unregistered
Guest
 
Posts: n/a
Default

International banks FO VPs starts at 240k base with bonuses typically 50-100%

Reply With Quote
  #384 (permalink)  
Old 14-05-2021, 09:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I can share mine a bit also, local bank:

Started as FO analyst in end 2009:

Analyst (2009): average 37k pa (global financial crisis fml)
Assoc/Snr Assoc (2013): average 58k pa
AVP (2014): average 92k pa
VP (2017): average 137k pa
SVP (2021): ~160k pa (covid fml)

Bonuses typically 6-10 mths
are these excluding your 6-10 mths?
Reply With Quote
  #385 (permalink)  
Old 17-05-2021, 09:05 PM
Unregistered
Guest
 
Posts: n/a
Default

Anyone can share whats the average bonus for corporate RMs?
Reply With Quote
  #386 (permalink)  
Old 18-05-2021, 01:43 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Anyone can share whats the average bonus for corporate RMs?
Largely depends on what type of corporates you're servicing. SMEs are small fry so bonus will be lower. Wholesale corporates are where the money is. Rather service one Fortune 500 than 500 SMEs. Or better still, work for a Fortune 500!
Reply With Quote

  #387 (permalink)  
Old 18-05-2021, 11:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Largely depends on what type of corporates you're servicing. SMEs are small fry so bonus will be lower. Wholesale corporates are where the money is. Rather service one Fortune 500 than 500 SMEs. Or better still, work for a Fortune 500!
Whats the avg bonus like for wholesale corporates RM in local banks?
Reply With Quote
  #388 (permalink)  
Old 20-05-2021, 02:13 PM
Unregistered
Guest
 
Posts: n/a
Default

How come my friend in DBS RM say he earn 5k,if hit target will get 7.5k? Any one know what exact role is it?
Reply With Quote
  #389 (permalink)  
Old 20-05-2021, 02:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
How come my friend in DBS RM say he earn 5k,if hit target will get 7.5k? Any one know what exact role is it?
Sounds like Retail RM?
Reply With Quote
  #390 (permalink)  
Old 20-05-2021, 02:56 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
How come my friend in DBS RM say he earn 5k,if hit target will get 7.5k? Any one know what exact role is it?
Y u no ask your friend?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Local Vs Foreign Bank Jobs Income and Jobs 18 01-02-2018 07:34 PM
jump from foreign bank to local bank arrownarrow Income and Jobs 4 30-07-2017 06:35 PM
DBS vs UOB vs OCBC: Among these 3 local banks, which is the best to work in? dreamzknight Income and Jobs 11 05-07-2016 09:54 PM
SPF : What are the salaries of an ASP and above ranks. curious_george Income and Jobs 2 22-06-2015 10:16 AM
$3.5K for an IT role in a local bank unknown Income and Jobs 11 14-03-2014 02:13 PM

» 30 Recent Threads
Career as Teacher ( 1 2 3... Last Page)
10,866 Replies, 6,674,828 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,810 Replies, 1,045,993 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,331 Replies, 4,986,194 Views
Lawyer Salary ( 1 2 3... Last Page)
21,016 Replies, 10,332,852 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,051 Replies, 440,998 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,386 Replies, 2,325,497 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
172 Replies, 309,893 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
681 Replies, 389,277 Views
Compare civil service salary ( 1 2 3... Last Page)
16,346 Replies, 12,459,768 Views
GovTech ( 1 2 3... Last Page)
5,164 Replies, 2,165,595 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,459 Replies, 785,172 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,331 Replies, 1,142,820 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
311 Replies, 369,674 Views
Why Is Having a Google Virtual...
1 Replies, 6,803 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,240 Replies, 3,400,501 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,563 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,576 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,773,980 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,775 Views
Is getting a PMP worth it ?
4 Replies, 7,189 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,774 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,870 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,455 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,658,170 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,129 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,861 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 359,102 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,376,081 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 614,089 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,740,149 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:38 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2