Standard Chartered Bank Back Office

For general bands it work like this

Band 1 - CEO
Band 2 - Global Heads
Band 3 - Heads / MDs
Band 4 - EDs / SVP

From here there are Band and Grades (local grade)

Band 5 / M22-23 - Directors / VPs
Band 6 / M20-21 - ADs / AVPs

Band 7 / M18-19 - Managers / Associate
Band 8 / M17 - Analyst

Band 9 ++ - entry level

Originally Posted by Unregistered

For general bands it work like this

Band 8 / M17 - Analyst

Band 9 ++ - entry level

You missed a rank. Band 8 - M16 and M17. Fresh grads generally start at M16 - analyst.

gosh... i never knew what the band level means. And i'm there for 6 months now at band6, and has a unglamorous title of Analyst

hi all,

Is it true that SCB dont give salary increment at all?

I am in the midst of a package negotiation for a non-client facing associate role and was told by my friend to jack it up higher since there will be no increment. Any current or ex employee who could shed some insights? thanks

hi anyone who could share some information or insights?

Originally Posted by Unregistered

hi all,

Is it true that SCB dont give salary increment at all?

I am in the midst of a package negotiation for a non-client facing associate role and was told by my friend to jack it up higher since there will be no increment. Any current or ex employee who could shed some insights? thanks

Quite true, this year the bank announced their results how good how good but on average most people did not get increment. I have colleagues who 2 years no increment already. So if you want to join make sure you JACK IT UP GAO GAO cos you may end up getting no increment for the next 2-3 years gg.

This year no promote = 0 increment (some luckier pple got 1-3%).
Then promote = 1-3% increment

Hear many colleagues KP, promote liao give them 1% increment, gg kenna rank up for nothing.

Do you all know how long scb will give us a letter offer? I feel they take longer than locals

Originally Posted by Unregistered

Quite true, this year the bank announced their results how good how good but on average most people did not get increment. I have colleagues who 2 years no increment already. So if you want to join make sure you JACK IT UP GAO GAO cos you may end up getting no increment for the next 2-3 years gg.

This year no promote = 0 increment (some luckier pple got 1-3%).
Then promote = 1-3% increment

Hear many colleagues KP, promote liao give them 1% increment, gg kenna rank up for nothing.

Interesting.... Excluding Front office, you mean staffs in cost functions across the board generally do not get yearly increments YoY? And yearly salary increments are tagged with promotion?

Originally Posted by Unregistered

For general bands it work like this

Band 1 - CEO
Band 2 - Global Heads
Band 3 - Heads / MDs
Band 4 - EDs / SVP

From here there are Band and Grades (local grade)

Band 5 / M22-23 - Directors / VPs
Band 6 / M20-21 - ADs / AVPs

Band 7 / M18-19 - Managers / Associate
Band 8 / M17 - Analyst

Band 9 ++ - entry level

Please clarify if M22 is Director and M23 is VP? or they are grades and Director/VP is just designations

Originally Posted by Unregistered

Please clarify if M22 is Director and M23 is VP? or they are grades and Director/VP is just designations

Both M22 and M23 are considered Director/VP, designation-wise it's also country dependent. M22s can have Director/VP/Senior Analyst etc. designations.