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Old 22-05-2012, 02:25 AM
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Default Banking - Back Office

Anyone know the market rate for fresh grad joining bank in back office?

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Old 22-05-2012, 10:58 AM
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Anyone know the market rate for fresh grad joining bank in back office?
For fresh grad.. can be anywhere from 1.8k to 3k... Depend on what class of honors graduate you are and which bank you are joining...

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Old 22-05-2012, 02:11 PM
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For fresh grad.. can be anywhere from 1.8k to 3k... Depend on what class of honors graduate you are and which bank you are joining...
1.8k ??? Such an amount sounds like it's from the 80s.

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Old 22-05-2012, 03:00 PM
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I put 2.8 for a local bank. too much or too little?

If I wanna negotiate how should I go about it?
Sorry man entry level, very amateur.
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Old 22-05-2012, 03:29 PM
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I put 2.8 for a local bank. too much or too little?

If I wanna negotiate how should I go about it?
Sorry man entry level, very amateur.
What lvl of education do you have? For this year jun-aug intake, dbs paying 3.8k and standchart paying 4k for NUS/NTU/SMU grads for operations back office.
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Old 22-05-2012, 03:35 PM
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OMG are you serious?
My friend is in Stanchart Ops MA and he got 4k that one I know.

I'm from NTU Engineering.

Mine is just an entry level associate position.
I don't think the pay scale is that high right?
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Old 22-05-2012, 03:42 PM
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Originally Posted by Unregistered View Post
OMG are you serious?
My friend is in Stanchart Ops MA and he got 4k that one I know.

I'm from NTU Engineering.

Mine is just an entry level associate position.
I don't think the pay scale is that high right?
Im not sure about the bank's pay scheme. I can only share what i know.
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Old 22-05-2012, 04:01 PM
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Quote:
Originally Posted by Unregistered View Post
OMG are you serious?
My friend is in Stanchart Ops MA and he got 4k that one I know.

I'm from NTU Engineering.

Mine is just an entry level associate position.
I don't think the pay scale is that high right?
Just curious, I thought fresh grad entry is at analyst-level?
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Old 22-05-2012, 04:02 PM
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Originally Posted by Unregistered View Post
What lvl of education do you have? For this year jun-aug intake, dbs paying 3.8k and standchart paying 4k for NUS/NTU/SMU grads for operations back office.
3.8k seems like the salary for their graduate programme. Can confirm again?

Fresh grad entry might be significantly lower as my friend was offered 2.7k for DBS back office position in O&T.

Last edited by kitkat; 22-05-2012 at 04:05 PM.
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Old 22-05-2012, 04:14 PM
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I think different banks name their entry level positions differently.
However the function and job scope should be similar.

Ya those high 3s to 4 salary seemed to be for grad progs.
I'm not too sure myself.
Therefore hope I can get some insight here.
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