HSBC Bank
Hi all, would like to consult current / ex HSBC Singapore private banking persons:
What's the career progression/corporate hierarchy like? Fresh grads start at what level, and what are the ranks from there onwards? In addition, any insights on the pay bracket/bonus/increment of each rank would be helpful... Thanks in advance |
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HSBC global career band
Anyone knows the GCB 4 equivalent in the market. Is this SVP level or VP level?
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band 8 - officer band 7 - assistant manager band 6 - avp band 5 - vp band 4 - svp band 3 - ED band 2 - MD band 1 - CEO/CFO etc hsbc ranks are inflated compared to the industry average. a band 7 is really just a analyst elsewhere. band 6 are considered as associates, some places even deem them only senior analysts. word to the wise, for band 7 & 8, your pay package is spread across 13 months, not 12. This comes in the form of a guaranteed AWS. so your monthly paycheque will appear lesser, but the guaranteed AWS pays out in December, or pro-rated if you leave before that. |
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yearly increments are standard. 2-5% depending on performance. bonus last year for a good performer was 2.2-2.4 mths |
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During the interview when I ask their HR about the org structure, my impression is that there are many more SVPs in a HSBC department compared to DBS. Also they seem to have many SVP positions with no or 1-2 subordinates only which is very different from DBS where most of our SVPs are heading a medium to large department. |
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How much does DBS pay its AVP? |
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