Band 4 and Band 5 in Standard Chartered

Originally Posted by Unregistered

you are looking at an outlier of yourself. most M22 annual total is 150k-180k. you don't have to be an ED in a foreign bank to get band 4 in SCB, SVP or high paying VP also can. at the end of the day (sadly) it's the previous job's pay that determine your next job.

Certainly you aren't SCB employee or you just joined.
SCB WON'T hire to promote, esp for ED level.
I've in this bank 5+ years, long enough to understand how things work.

Goldman VP is not ED, I have VP friends from GS joined SCB at band 5.
GS VP is the same as other foreign banks' VPs: barcap, deutsche, jpm, morgan stanley, etc.

[CodeZero]

Wondering what band is an "IT Lead" at Standard Chartered Bank?

What is equivalent of Citi's SVP in standard chartered bank in singapore

Originally Posted by Unregistered

What is equivalent of Citi's SVP in standard chartered bank in singapore

Band 4 aka executive director.

[CodeZero]

Originally Posted by CodeZero

Wondering what band is an "IT Lead" at Standard Chartered Bank?

Answer my own question for everyone's benefit.

IT Lead is a Band 5 (M22/M23).

Originally Posted by CodeZero

Answer my own question for everyone's benefit.

IT Lead is a Band 5 (M22/M23).

If you don't mind, what is your package like and how long have you been working?

[CodeZero]

Originally Posted by Unregistered

If you don't mind, what is your package like and how long have you been working?

You want to know the package specifically for a SCB IT Lead Band 5? I would say someone with +8 years of experience and the salary package is around 180-210K per annum - ball park.

Originally Posted by Unregistered

Will look and research on what you mentioned.

What did you mean by local banks being 2 grads lower than foreign bank? Does that mean SVP in Standard Chartered would be an AVP in DBS?

Also, would $200k+ for Band 4 be realistic?

Band 4 should be at least 300k

[ondemand]

Originally Posted by CodeZero

You want to know the package specifically for a SCB IT Lead Band 5? I would say someone with +8 years of experience and the salary package is around 180-210K per annum - ball park.

Thanks for sharing, 200K base is fair for 10yrs + EXP. Any stock option?

May I ask what is the average/usual timeline and annual salary increments at SC? lets say from analyst to associate and from associate to associate director? Thank you