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31-03-2011, 11:44 AM
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Quote:
Originally Posted by Banking sucks
Actually, it really depends on companies - there are some research analysts, business analysts which are actually quite 'high ranking' and 'highly paid'.
I do feel that the whole banking industry is getting sucked into this corporate title inflation trend. I don't know if labelling a team lead as VP is appropriate, and if it achieves anything at all other than boasting the ego of some individuals.
cheers
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Amazon.com: The Super Analysts (9780471843108): Andrew Leeming: Books
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31-03-2011, 03:00 PM
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Its funny how every father, mother, son who wants to join the banking sector wants to be an investment banker or dealer/trader when 99% of people who work in the industry are in not in these areas.
Nobody mentions anything about doing consumer banking which employs a gazillion people doing everything from credit card services, mortgage loans, financial planning, credit analytics, retail banking IT, risk management, GIRO, settlements etc
Or corporate banking from SME banking to wholesale corporates, credit analysts, trade operations, account services, cash management, treasury operations,
Or the internal bank roles like internal audit, finance and accounting, human resources and strategy and planning.
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02-04-2011, 10:20 PM
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Quote:
Originally Posted by Unregistered
Its funny how every father, mother, son who wants to join the banking sector wants to be an investment banker or dealer/trader when 99% of people who work in the industry are in not in these areas.
Nobody mentions anything about doing consumer banking which employs a gazillion people doing everything from credit card services, mortgage loans, financial planning, credit analytics, retail banking IT, risk management, GIRO, settlements etc
Or corporate banking from SME banking to wholesale corporates, credit analysts, trade operations, account services, cash management, treasury operations,
Or the internal bank roles like internal audit, finance and accounting, human resources and strategy and planning.
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Foo Mee Har the new PAP candidate is from contact centre background (that means call centre?). She worked her way up to become global head of premiere banking.
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03-04-2011, 12:31 AM
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Financial Data Analyst
I had an interview with a major IB (the likes of Deutsche Bank, UBS, Credit Suisse). They asked me about the expected salary and I was speechless because I didn't have any clue. I will be coming from another country, if ever, so I really have no idea of the industry rate. What should be the salary bracket for a financial data analyst who maintains client static data and SSIs? Got 3 yrs of experience in the same field.
Thanks!!!
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03-04-2011, 01:34 PM
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Quote:
Originally Posted by Unregistered
I had an interview with a major IB (the likes of Deutsche Bank, UBS, Credit Suisse). They asked me about the expected salary and I was speechless because I didn't have any clue. I will be coming from another country, if ever, so I really have no idea of the industry rate. What should be the salary bracket for a financial data analyst who maintains client static data and SSIs? Got 3 yrs of experience in the same field.
Thanks!!!
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200k sgd with additional housing allowance.
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03-04-2011, 03:09 PM
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Quote:
Originally Posted by ericgohjunhui
I'm currently a part time student in UOL, doing BSC Banking and Finance and its my second year. Currently I'm working in the government organization and I'm 25 this year. I do not have much working experience after being enlisted at the age of 21. I hope to work in a investment bank in future (work related to the financial markets, hopefully at the front office) because i have strong interests in this sector as i have been trading and reading up on the financial news daily. I need advise if i should leave the organization now to gain some working experience related to investment. If i don't leave, i will be graduating at the age of 26 with no working experience.
If i were to leave now before completing my degree, what type of job can let me gain the relevant experience?
If i were to leave upon graduating, what can i start off with?
Really in a mess now. Thanks alot
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Stop dreaming and wake up lar !!!
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03-04-2011, 04:01 PM
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Quote:
Originally Posted by Unregistered
I had an interview with a major IB (the likes of Deutsche Bank, UBS, Credit Suisse). They asked me about the expected salary and I was speechless because I didn't have any clue. I will be coming from another country, if ever, so I really have no idea of the industry rate. What should be the salary bracket for a financial data analyst who maintains client static data and SSIs? Got 3 yrs of experience in the same field.
Thanks!!!
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These are major IBs? Hmm...
Anyway, don't settle for less than 400K SGD all in.
If they cannot pay that, stay put, don't come here.
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03-04-2011, 09:32 PM
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Quote:
Originally Posted by Unregistered
These are major IBs? Hmm...
Anyway, don't settle for less than 400K SGD all in.
If they cannot pay that, stay put, don't come here.
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lol go **** yourself lah. 400k SGD with 3 years experience. you have no idea what you're talking about, please don't sabo the guy.
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03-04-2011, 09:36 PM
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Quote:
Originally Posted by Unregistered
200k sgd with additional housing allowance.
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this might also be pushing it a little. with 3 years of experience I would say 200k SGD all in, including housing allowance. but you'll exceed it in no time.
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