Low end feeder job, most of the incentive goes to the RM and small portion go to you. This kind of role even if you do well quarterly incentive wont exceed 50k one.

Thanks for your reply, really appreciate it. Have you experience this role before? Or you have frens tat gave their feedback?

pay is ok, not too bad but not great. you're basically like a 'hunter' for the consumer banking side. sometimes, if theres an affluent offshore client, they might fly you overseas to meet them (but not often, only once in a while). thing is, you really learn nothing much - you are basically just acquiring people and thats it. their needs and all that will be handled by a RM. at least if you start off as a personal banker though also entry role, you at least start learning about products. for client acquisition, actually if you are really good, you can earn quite alot of comm though. is it for UOB?

whats the progression after team lead? team lead still considered junior right? as they progress on, do they still get comm?

oh thought u said u were a consumer banker? or is it two different person here, lol all no username. which bank were u in? local or foreign bank?

the assistant corporate RM no sales? thought RM still need to do sales. day to day servicing is roughly do what?

wah 5.30 is damn early. thought banks no work-life balance.
paiseh realise ask a lot of qns lol

Its for HSBC Premier,were you from UOB?

no im not from UOB, but hv some friends doing client acquisition. if its me, i will go for HSBC than UOB. so are you interested?

I have no banking background and this seems like a good opportunity, so yes I will give it serious consideration.

Besides HSBC and UOB, does other banks have this role?

Must be diff person lol. I worked in SCB, local bank, jap bank, middle east bank. SCB was in business banking many years ago.

Nope assistant corporate RM in jap bank no sales. Sales falls onto the responsibility of the team lead and its team target. Anyway they dun do very active sales, all they do is business from mainly existing clients. Day to day servicing ah, morning quote interest rates to MNCs, do all the rollovers for fixed deposits due or coming due, rollover loans for those due that day/next day. Place new fixed deposits or raise new loan tickets, account opening, KYC, solve problems (eg: remittance amount wrong or urgent remittance etc), do credit analysis for annual reviews, spread financial statements into the bank systems. Go home at 6+ usually before 630 lol and get 6 months bonus.

Business banking team leads usually just stuck at team lead lo. Since there are so many teams each team got 1 lead. Career progression still team lead but maybe your rank higher lo VP, SVP team lead. Next time they sian of sales team lead maybe go to be RM team lead or join credit or product do something related but different. Or if the business banking overall boss change maybe they can be head of business banking but rare only 1 position.

Hi, anyone here have any idea regarding the position of 'Business Banking Manager (Account Opening) from OCBC? This position seems to be listing on their website every month, high turnover, bad pay etc or really require alot of people?

From the title, will it be right to say its just getting people to open business accounts with the bank and not in touch with the products? Not a good learning ground in this case right?

Read the job description posted on the website. It gives a very good description of the role.