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To clarify, I am a local university graduate. I can imagine your disbelief at the offer but any business school local university graduate would understand that 4000 is market rate for intern and year 1 analyst at most BB banks. I would appreciate a serious reply for year 2-5 salaries from a graduate working at a BB bank. Thanks! |
You may start at 4k, but do not expect the increments to come thick and fast in a middle office environment like Compliance. Increments are generally between 3 to 6%. The only way you will achieve those figures will be to jump ship every year. Good luck though, in explaining to prospective employers on why you are leaving every year.
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To further add, the bonus could also be different. BB bonus is lower comparatively to normal banks. There is no way to compare starting pay. I get 3K with 4 to 5 months bonus vs 4K with 1 to 2 months bonus.
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You sure you talking about back end KYC/AML/Compliance role? |
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