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09-02-2024, 10:25 PM
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Quote:
Originally Posted by Unregistered
Hi all,
Wondering how are the FO of private banking getting paid and their corresponding KPI. Just start my career in Private Banking.
Role (banker/ic/arm/product/etc)
Years of Experience
Rank / Title
Salary
KPI Revenue Target
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Role: IC
Years of Experience:3
Rank / Title: Associate
Salary: $7,000
KPI Revenue Target: $1M
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14-04-2024, 10:48 PM
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Just joined UOB as a wealth banking RM with dreams of joining the ranks of the private banking sector. What is a realistic timeline I can expect to look at? Appreciate all replies.
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15-04-2024, 10:40 PM
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Quote:
Originally Posted by Unregistered
Role: IC
Years of Experience:3
Rank / Title: Associate
Salary: $7,000
KPI Revenue Target: $1M
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Thanks for sharing, great stats! How is the bonus looking like? How does it vary upon your hitting (or not hitting) the Revenue Target?
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18-04-2024, 12:14 AM
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Quote:
Originally Posted by Unregistered
Just joined UOB as a wealth banking RM with dreams of joining the ranks of the private banking sector. What is a realistic timeline I can expect to look at? Appreciate all replies. |
Congrats! You started as wealth so you at least save a couple of years.
Retail (<100k)- 2 to 3 years
Wealth (100k) - 2 to 3 years
Privilege (350k) - varies. Many are stuck here as this is the biggest jump in terms of AUM.
PR (2mio) - varies
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