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

Originally Posted by Unregistered

saw this on SCB website. what does it mean?
About Us - Standard Chartered Bank Singapore

"The Bank transferred its Singapore Consumer Banking retail and SME banking business to a locally-incorporated subsidiary, Standard Chartered Bank (Singapore) Limited, on 7 October 2013."

QFB with substantial deposit base in Singapore is required by MAS to incorporate in Singapore

Hi... i have a question regarding salary of a sales trader. How much can a stock sales trader expect to get with 7 years of working experience (3 years as a sales trader)? I'm not talking about the top companies like merrill lynch, but a decent bank or financial company. thanks for the help

Originally Posted by Unregistered

Hi... i have a question regarding salary of a sales trader. How much can a stock sales trader expect to get with 7 years of working experience (3 years as a sales trader)? I'm not talking about the top companies like merrill lynch, but a decent bank or financial company. thanks for the help

Around 300-350k annual inclusive of variable

Originally Posted by Unregistered

Around 300-350k annual inclusive of variable

nice, thank you

Originally Posted by Unregistered

nice, thank you

Lol dun believe everything u read online, somemore over here anyone can post

Originally Posted by Unregistered

Lol dun believe everything u read online, somemore over here anyone can post

False, I am also a trader myself working for no other than Goldman Sachs, graduated from harvard with summa cum laude, achieved MD by the age of 27, and am now receiving 1.5M base salary.

Originally Posted by Unregistered

False, I am also a trader myself working for no other than Goldman Sachs, graduated from harvard with summa cum laude, achieved MD by the age of 27, and am now receiving 1.5M base salary.

Still so little. I am a nuskin MLM blue diamond distributor, 26, started doing nuskin when graduated. Hit blue diamond status in 2 years, my passive income ~ US$500K every 3 months, annual US$20M. I no need to work, just once in a while attend those motivational MLM meetings to share my story and success. Free and easy lifestyle with plenty of $$.

Originally Posted by Unregistered

Still so little. I am a nuskin MLM blue diamond distributor, 26, started doing nuskin when graduated. Hit blue diamond status in 2 years, my passive income ~ US$500K every 3 months, annual US$20M. I no need to work, just once in a while attend those motivational MLM meetings to share my story and success. Free and easy lifestyle with plenty of $$.

but nobody respect you.

Originally Posted by Unregistered

Hi... i have a question regarding salary of a sales trader. How much can a stock sales trader expect to get with 7 years of working experience (3 years as a sales trader)? I'm not talking about the top companies like merrill lynch, but a decent bank or financial company. thanks for the help

Dude, forget about whatever you've read after you posted the above.

What's your idea of a "decent bank or financial company"? If it's not a bank, I would say under 100k most likely. It depends on your pitch as well, the book of clients you can bring over.

Just apply 20% increment to your last drawn..

Originally Posted by Unregistered

Is New Business Manager (SME Banking) under Standard Chartered Bank a pure hunter role?

anyone knows the remuneration?

thought their hunters were called Business Financial Managers.....

btw whats the diff between SCB and Price Solutions Pte Ltd?

Originally Posted by Unregistered

Yes pure hunter. Business Financial Manager name too long so cut short to business mgr easier. Pay for entry level most basic freshie ~2.5k + quarterly comm which can be up to 10K +. Senior team leads 8-9k + big quarterly comms.

Price Solutions is a 3rd party outsourced to handle some sales/marketing, they are not considered employed by SCB. Better to join SCB then some third party sales co.

i read from somewhere that this SCB new business manager, the basic pay is only $1800??
sianz....who to believe...like someone said here, this forum alot of anonymous ppl post fake info....dunno can believe anot