Career prospect/advancement for Banking sales roles vs Banking "back end" roles

Originally Posted by Unregistered

Hi, pls advise those who have ops exp in banks.

what do you mean same level? bank ops and IT are different things.

if by same level u mean qualifications, then the one with the more relevant experience will be better paid. same as in any industry.

Originally Posted by Unregistered

hi guys, can anyone advise if one do not wanna do banking sales anymore (say before 30yo), where can he/she move to?

Move to product, credit risk management or operations.

which bank pays the best for SME sales?

Probably stand chart with their quarterly commission scheme.

Originally Posted by Unregistered

Probably stand chart with their quarterly commission scheme.

what about ocbc & uob?

Originally Posted by Unregistered

what about ocbc & uob?

i think uob does not give comm but bonus at the end of the year.
ocbc if im not wrong gives high basic (3k?) but low comm.

Hi guys, what are your thoughts on trade finance operations? Any reviews on the career prospect? As for a career start, will it be a decent choice?

[aplover]

trade finance is a good career. Solid to have and start with. Although i think the best careers are given by the european banks who have a lot more history and experience dealing with trade financing and its related areas

What about trade finance in a japanese bank? how's the career progression like compared to european banks?

Hi guys .. I was searching this forum for benchmarking against my current role as Equity Sales but sadly realized by industry is so small there is no benchmark

Anyway I will just contribute by saying that in roles like sales and trading there is a wide divergence in pay and we don't really look too much into base pay alone.

Also, base pay does not rise drastically as you move up the ranks. I am currently a director and my pay progression has probably stagnanted.

Bonus is the big swing factor in front office because performance is easily measurable. Good times 1-3 years bonus.. Bad times 0-6months..

Big swings... That's front office