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Unregistered 27-08-2020 04:42 PM

Quote:

Originally Posted by Unregistered (Post 144621)
UBS gtp pays 8-10k for GWM

You guys will have 0 client contact. IMO , makes sense for 2.5k.

Unregistered 27-08-2020 04:57 PM

Quote:

Originally Posted by Unregistered (Post 144621)
UBS gtp pays 8-10k for GWM

Base so high meh? Top Tier BB IBD also paying 10k leh

Unregistered 27-08-2020 06:49 PM

Quote:

Originally Posted by Unregistered (Post 144622)
You guys will have 0 client contact. IMO , makes sense for 2.5k.


What has client contact got to do with base pay?

Going by this logic, HR, IT etc. employees shouldnít be paid above $2,500 🤦*♂️

Unregistered 27-08-2020 07:06 PM

Quote:

Originally Posted by Unregistered (Post 144630)
What has client contact got to do with base pay?

Going by this logic, HR, IT etc. employees shouldnít be paid above $2,500 🤦*♂️

Don't dumb eh. If u in FO cannot have client contact means u generate 0 PnL. This is what he meant la. If you have to ask, lolllll

Unregistered 27-08-2020 09:40 PM

Pay worst than industrial placement/intern LOL feels bad

Unregistered 27-08-2020 09:54 PM

Make the whole interview so professional with superday and all but paying peanuts....

Unregistered 27-08-2020 10:05 PM

ya damn craze. wasnt expecting to be the "full salary" that was stated on the news, but at least 3k ish

Unregistered 27-08-2020 10:35 PM

gotten offer already for global wealth management. 2.5k as expected.

Unregistered 27-08-2020 10:38 PM

Quote:

Originally Posted by Unregistered (Post 144642)
gotten offer already for global wealth management. 2.5k as expected.

u just got ur offer? still waiting for mine. WM too

Unregistered 27-08-2020 10:45 PM

Quote:

Originally Posted by Unregistered (Post 144644)
u just got ur offer? still waiting for mine. WM too

Yeah just gotten only. Omg the pay is peanut.

Unregistered 27-08-2020 10:57 PM

Your line managers all ED level ?

Unregistered 27-08-2020 11:06 PM

Quote:

Originally Posted by Unregistered (Post 144646)
Your line managers all ED level ?

Yes i reporting to ED. Alamak, should I take the offer?????

Unregistered 27-08-2020 11:33 PM

Got to reply within 3 days. Not sure should I take anot... Under GWM also, but not sure is assign to the department that i interviewed for or what sia

Unregistered 27-08-2020 11:34 PM

Quote:

Originally Posted by Unregistered (Post 144647)
Yes i reporting to ED. Alamak, should I take the offer?????

What school and course are you from uh

Unregistered 28-08-2020 12:09 AM

Quote:

Originally Posted by Unregistered (Post 144649)
Got to reply within 3 days. Not sure should I take anot... Under GWM also, but not sure is assign to the department that i interviewed for or what sia

u check with the HR? couldnt spot this in the contract

Unregistered 28-08-2020 12:11 AM

Quote:

Originally Posted by Unregistered (Post 144631)
Don't dumb eh. If u in FO cannot have client contact means u generate 0 PnL. This is what he meant la. If you have to ask, lolllll

A lot of employees in FO arenít client facing but contribute to P&L.

e.g. CA assistants can value add by preparing proposals, Products team, Business mgmt / Strat planning etc.

Unregistered 28-08-2020 12:15 AM

Quote:

Originally Posted by Unregistered (Post 144654)
u check with the HR? couldnt spot this in the contract

spotted it on dotted line.

Unregistered 28-08-2020 12:40 AM

Mostly vp/directors originate the deals and the juniors support so juniors dont face clients too much also. Mainly to keep the machine moving since its time sensitive and a piece of work is easily hundreds of man hours.. to expect juniors to bring in business is ignorant

Unregistered 28-08-2020 12:53 AM

Quote:

Originally Posted by Unregistered (Post 144649)
Got to reply within 3 days. Not sure should I take anot... Under GWM also, but not sure is assign to the department that i interviewed for or what sia

Mind sharing the person you will be reporting too? Maybe we reporting to the same ED hahahah.

Unregistered 28-08-2020 01:46 AM

Quote:

Originally Posted by Unregistered (Post 144655)
A lot of employees in FO arenít client facing but contribute to P&L.

e.g. CA assistants can value add by preparing proposals, Products team, Business mgmt / Strat planning etc.

Those are not FO roles.

Unregistered 28-08-2020 08:11 AM

Anyone accepting offer?

Unregistered 28-08-2020 02:14 PM

most ppl here are split i think, since most were expecting FT pay. defo will have some accepting but the rejecting one will be more outspoken. Just my thoughts based on posts

Unregistered 28-08-2020 09:15 PM

To the self entitled graduates lurking in this thread, just my 2c.

Look at the big picture. 2.5 for 3 days a week isn't great but it isn't bad either.
Go in learn the skills and network.
If you end up getting retained, that's fantastic.
Else, use the prestige to secure another job outside.

Unregistered 30-08-2020 09:40 AM

If yíall are working just 3 days, 2.5k ainít all that bad tbf

Unregistered 30-08-2020 11:52 AM

Should be ok if we are allowed to moonlight to supplement income.

Unregistered 30-08-2020 01:45 PM

Well i feel that it will be worth for those working in the front-office. If you're confident in your abilities just stick with the 12 months and you will most likely get converted full time at the end. For those in the backend office, might not be that worth as the FT pay is not as high as front office and i'm sure it will be much more competitive since back-end jobs does not requires high level of skills and can be easily replaced

Unregistered 31-08-2020 02:00 AM

Quote:

Originally Posted by Unregistered (Post 144726)
Well i feel that it will be worth for those working in the front-office. If you're confident in your abilities just stick with the 12 months and you will most likely get converted full time at the end. For those in the backend office, might not be that worth as the FT pay is not as high as front office and i'm sure it will be much more competitive since back-end jobs does not requires high level of skills and can be easily replaced

I have accepted mine! Operations.. heard from my friend that it isnít the best place to be in so I will just continue while searching for new jobs.. and you are right it is very competitive at that level..

Unregistered 31-08-2020 03:30 AM

Quote:

Originally Posted by Unregistered (Post 144768)
I have accepted mine! Operations.. heard from my friend that it isnít the best place to be in so I will just continue while searching for new jobs.. and you are right it is very competitive at that level..

same here at operations!

Unregistered 31-08-2020 04:41 AM

ubs
 
Hi all, just a heads up for those thinking of conversion. I did talk to HR for a bit about the possibilities and they were quite honest and open. HR did mention a fast tracked interview process if we do perform well but no official plans to convert trainees are in place at the end of the program. Like what the name suggest, its to help us get skills to tide over the covid period so we can find jobs next year.

Hope you guys take this into consideration. See you all if you are accepting

Unregistered 31-08-2020 11:20 AM

Quote:

Originally Posted by Unregistered (Post 144621)
UBS gtp pays 8-10k for GWM

What a bunch of bullshit haha. Everyone knows they pay 5.5 for GWM

Unregistered 31-08-2020 02:25 PM

Quote:

Originally Posted by Unregistered (Post 144770)
Hi all, just a heads up for those thinking of conversion. I did talk to HR for a bit about the possibilities and they were quite honest and open. HR did mention a fast tracked interview process if we do perform well but no official plans to convert trainees are in place at the end of the program. Like what the name suggest, its to help us get skills to tide over the covid period so we can find jobs next year.

Hope you guys take this into consideration. See you all if you are accepting

Thank you for the insight, but did they mention about number of headcount? If no plans to convert meaning they are not sure about their headcounts now?

Another question, somebody knows why GM offer is signed by GWMís MD? Their GM is under IB isnít it

Unregistered 31-08-2020 04:19 PM

Quote:

Originally Posted by Unregistered (Post 144768)
I have accepted mine! Operations.. heard from my friend that it isnít the best place to be in so I will just continue while searching for new jobs.. and you are right it is very competitive at that level..

How do yíall know exactly you guys will be with operations? My offer letter only stated that I will be with GMM, but they didnít tell me which team I will be with during the traineeship.

Unregistered 31-08-2020 05:20 PM

Quote:

Originally Posted by Unregistered (Post 144793)
How do yíall know exactly you guys will be with operations? My offer letter only stated that I will be with GMM, but they didnít tell me which team I will be with during the traineeship.

what is gmm ah? global market?

Unregistered 31-08-2020 05:27 PM

Quote:

Originally Posted by Unregistered (Post 144797)
what is gmm ah? global market?

Global Wealth Management

Unregistered 31-08-2020 07:28 PM

Quote:

Originally Posted by Unregistered (Post 144793)
How do yíall know exactly you guys will be with operations? My offer letter only stated that I will be with GMM, but they didnít tell me which team I will be with during the traineeship.

you dk who you interviewed with meh -_-

Unregistered 31-08-2020 08:56 PM

Quote:

Originally Posted by Unregistered (Post 144769)
same here at operations!

How do you know is operations? Is it like during interview is like GWM - Operations?

Unregistered 01-09-2020 01:55 AM

Anyone gotten GWM - Market?

Unregistered 01-09-2020 01:52 PM

Quote:

Originally Posted by Unregistered (Post 144814)
Anyone gotten GWM - Market?

I gotta same role

Unregistered 01-09-2020 03:39 PM

Quote:

Originally Posted by Unregistered (Post 144827)
I gotta same role

Also reporting to ED Chua?

Unregistered 01-09-2020 04:03 PM

Quote:

Originally Posted by Unregistered (Post 144832)
Also reporting to ED Chua?

Mine with ED Poh, do u know which team u belong to?


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