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

Drawing 7k+ and worked a year at MAS with about 4 years of experience. Trying to go local banks DBS/OCBC AML/Compliance, what would be the market rate now?

So u have total 4 years of working exp right? U currently at MAS now or you have previously worked at MAS for a year?

Market rate is max 7 - 7.5k for your profile. If gg local bank then even worse as they don’t pay well but bonus is good so net net you probably still get a decent total comps.

Originally Posted by Unregistered

Drawing 7k+ and worked a year at MAS with about 4 years of experience. Trying to go local banks DBS/OCBC AML/Compliance, what would be the market rate now?

7k+ includes bonuses and allowances?

do RMs in uob get bonuses?

whats the usual DBS IGO bonus for senior associates? can share?

anyone successfully negotiated using annual salary package with DBS HR?

whats the usual DBS IBG bonus for senior associates? can share?

anyone successfully negotiated using annual salary package with DBS HR?

Originally Posted by Unregistered

whats the usual DBS IBG bonus for senior associates? can share?

anyone successfully negotiated using annual salary package with DBS HR?

5k/mth

U are price taker for local banks. Don’t expect too much

Originally Posted by Unregistered

5k/mth

U are price taker for local banks. Don’t expect too much

Wow thats horrible, then why would I choose DBS when I can go socgen, nomura, BAML etc

Got offered 12.5k for uob. Can check if I can ask for vp2 instead of vp1?

Originally Posted by Unregistered

Wow thats horrible, then why would I choose DBS when I can go socgen, nomura, BAML etc

Because ur not good enough for those banks to hire you?