Anyone work in JPM/GS/Morgan Stanley back office before? - Page 6 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Anyone work in JPM/GS/Morgan Stanley back office before?

Reply
 
Thread Tools
  #51 (permalink)  
Old 10-06-2021, 01:29 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I'm not the poster of that claim, but I work in BB MO/BO.

Depends how expensive you want your condo and car to be.
At a base salary of slightly >100k per annum. Within 5-6 years, I am able to afford downpayment for a 1.5m condo + a decent continental car by myself if I want.

Of course, tanking the monthly installments is a challenge if you're doing it by yourself (about 40-50% of your take home pay will go to loan/mortgage payments), but definitely doable.
Hello there, thank you for sharing! Mind sharing your starting salary as a BB MO/BO? How was your promotion/progression like over the years? Thanks!

Reply With Quote
  #52 (permalink)  
Old 10-06-2021, 02:43 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I'm not the poster of that claim, but I work in BB MO/BO.

Depends how expensive you want your condo and car to be.
At a base salary of slightly >100k per annum. Within 5-6 years, I am able to afford downpayment for a 1.5m condo + a decent continental car by myself if I want.

Of course, tanking the monthly installments is a challenge if you're doing it by yourself (about 40-50% of your take home pay will go to loan/mortgage payments), but definitely doable.
Yeah definitely doable. 5-6 years for high performers usually Around 120-160k already total compensation. Quite dangerous if going solo as bb axe people fast and furious if underperform. Assuming combine with wife who draws an average salary say 5k per month and mortgage would be a breeze. Conti car is definitely easily within reach.

Disclaimer: only for US big 3 BBs

Reply With Quote
  #53 (permalink)  
Old 10-06-2021, 04:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Yeah definitely doable. 5-6 years for high performers usually Around 120-160k already total compensation. Quite dangerous if going solo as bb axe people fast and furious if underperform. Assuming combine with wife who draws an average salary say 5k per month and mortgage would be a breeze. Conti car is definitely easily within reach.

Disclaimer: only for US big 3 BBs
Are you working at one the BBs in MO/BO? Care to share your career and salary progression?

Reply With Quote
  #54 (permalink)  
Old 12-06-2021, 08:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Are you working at one the BBs in MO/BO? Care to share your career and salary progression?
what has been shared in this thread by earlier posters is accurate


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #55 (permalink)  
Old 12-06-2021, 08:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
what has been shared in this thread by earlier posters is accurate
Hmm 5-6 years YOE hitting 160k TC seems a tad high though
Reply With Quote
  #56 (permalink)  
Old 11-10-2021, 01:35 AM
Unregistered
Guest
 
Posts: n/a
Default

Hello, what's the starting salary for GS BO roles for fresh grads like? and also the WLB in ops
Reply With Quote

  #57 (permalink)  
Old 11-10-2021, 09:46 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hello, what's the starting salary for GS BO roles for fresh grads like? and also the WLB in ops
Have u been invited for GS superday for 2022grad?
Reply With Quote
  #58 (permalink)  
Old 11-10-2021, 10:16 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hmm 5-6 years YOE hitting 160k TC seems a tad high though
He is talking rubbish. BO/MO even at BB dont make that much.

120k maybe believable.
Reply With Quote
  #59 (permalink)  
Old 11-10-2021, 10:29 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hello, what's the starting salary for GS BO roles for fresh grads like? and also the WLB in ops
You're prob looking at between 4k+ to 5k. WLB has been answered in earlier posts on the same thread. You can have a look.
Reply With Quote
  #60 (permalink)  
Old 11-10-2021, 01:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
You're prob looking at between 4k+ to 5k. WLB has been answered in earlier posts on the same thread. You can have a look.
Is this range for local grads only or it doesn't matter? even though i have an annual salary growth of 17%, i was just getting this amount after a few years of experience. my starting pay as a fresh grad was only 2.5k at a big bank MO but not BB. seeing this is demoralising lol
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Banking - Back Office fishball Income and Jobs 239 20-09-2021 10:22 PM
Standard Chartered Bank Back Office brandon Income and Jobs 51 26-01-2021 08:09 PM
jump from back office to front office graduation bear Income and Jobs 43 01-12-2016 08:12 PM
Salary for Research Analyst at Morgan Stanley / Detuche Bank? jjason Income and Jobs 3 04-10-2015 04:43 PM
Big 4 back-office rank & salary structure adclicko1 Income and Jobs 1 30-08-2015 11:47 AM

» 30 Recent Threads
How is life as a doctor in... ( 1 2 3... Last Page)
3,906 Replies, 1,859,305 Views
Lawyer Salary ( 1 2 3... Last Page)
16,841 Replies, 6,213,351 Views
Roles in accenture singapore ( 1 2 3... Last Page)
4,225 Replies, 866,463 Views
GovTech ( 1 2 3... Last Page)
2,985 Replies, 780,981 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,481 Replies, 1,965,876 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
544 Replies, 186,684 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
3,832 Replies, 2,789,934 Views
Advice needed! Final crossroad,... ( 1 2)
11 Replies, 349 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
872 Replies, 505,315 Views
Compare civil service salary ( 1 2 3... Last Page)
14,007 Replies, 8,663,689 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
7,623 Replies, 2,238,734 Views
DBS tech seed programme ( 1 2 3... Last Page)
1,982 Replies, 517,355 Views
Htx ( 1 2 3... Last Page)
75 Replies, 24,460 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,140 Replies, 498,404 Views
Need some advice if I should early... ( 1 2 3)
20 Replies, 553 Views
Standard Chartered International... ( 1 2 3... Last Page)
338 Replies, 125,044 Views
crypto trading tech roles
5 Replies, 885 Views
is this tech job normal? ( 1 2 3)
23 Replies, 3,218 Views
IMDA (under MCI) ( 1 2 3... Last Page)
306 Replies, 137,588 Views
UOB Management Associate Program ( 1 2 3... Last Page)
840 Replies, 388,642 Views
Work culture in IHiS ( 1 2 3... Last Page)
318 Replies, 208,695 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
854 Replies, 172,881 Views
ST Electronics ( 1 2 3... Last Page)
2,721 Replies, 816,072 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
858 Replies, 592,548 Views
15% ROI monthly is it too hard to... ( 1 2)
11 Replies, 2,655 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,046 Replies, 356,060 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
161 Replies, 60,895 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,327 Replies, 2,223,689 Views
Micron starting pay ( 1 2 3... Last Page)
347 Replies, 136,629 Views
High Finance Thread ( 1 2 3... Last Page)
855 Replies, 222,384 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:43 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2