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

UOB bonus usually how many mths?

Originally Posted by Unregistered

UOB bonus usually how many mths?

below average - 1 month
average - 2 month
good - 3month
very good - 4month

UOB bonus as follow:

Very below average = 0.5 months
Below average = 1 months
Slightly below average = 1.5 months
Average = 2 months
Fairly good = 2.5 months
Good = 3 months
Very good = 3.5 months
Exceedingly good = 4 months

Originally Posted by Unregistered

UOB bonus as follow:

Very below average = 0.5 months
Below average = 1 months
Slightly below average = 1.5 months
Average = 2 months
Fairly good = 2.5 months
Good = 3 months
Very good = 3.5 months
Exceedingly good = 4 months

Damn low la. Join OCBC

Originally Posted by Unregistered

Damn low la. Join OCBC

Share ocbc bonus structure

Originally Posted by Unregistered

I see some people with 5-6 years of experience getting VP rank at local banks.
Are local banks inflating their ranks? They are not head of dept.

head of dept in local bank usually are 40 yrs old lao kok kok unless is tech

Originally Posted by Unregistered

There is so many job in risk (ops risk, credit risk, market risk, liquidity risk, ERM, enterprise risk, etc). U oversimplified entry job from credit analyst only.

All these cui roles can be done by monkeys or automation.

26 years old. Graduated in Aug 2021 so currently at this point of time have 1 year 5 months experience. Drawing 5.5k per month doing ops. Is this ok?

Originally Posted by Just Asking

26 years old. Graduated in Aug 2021 so currently at this point of time have 1 year 5 months experience. Drawing 5.5k per month doing ops. Is this ok?

At a local bank? Part of an MA prog or no?

5.5k for 1.5 YOE is very impressive considering entry-level ops will only get you 3-3.5 max unless you're in a grad prog (but still, DBS GA should be paying around 4.5k, so regardless 5.5k is impressive). Mind sharing your pay progression? What did you start of with? Any increment / promo?

Originally Posted by Unregistered

At a local bank? Part of an MA prog or no?

5.5k for 1.5 YOE is very impressive considering entry-level ops will only get you 3-3.5 max unless you're in a grad prog (but still, DBS GA should be paying around 4.5k, so regardless 5.5k is impressive). Mind sharing your pay progression? What did you start of with? Any increment / promo?

Wow. Local banks are very poor paymasters especially with high inflation these days. 3.5k starting??? These are salaries back in the 1990s man. Any decent grad would run from DBS.