ocbc associate/fresh talent programme (ops & tech) - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




ocbc associate/fresh talent programme (ops & tech)

Reply
 
Thread Tools
  #1 (permalink)  
Old 28-10-2013, 10:44 PM
Junior Member
 
Join Date: Oct 2013
Posts: 3
janlin is on a distinguished road
Default ocbc associate/fresh talent programme (ops & tech)

hi,

anyone got any idea what is this prog exactly? it's not a MA/MT prog for sure. but from what i gathered, it's a 1 year prog for fresh grad with 6-3-3 months rotations at different departments.

so qns to those who know sth abt this.

how good is this prog exactly? why they willing to take in a pass degree and give them learning opportunities at 3 diff departments?

what happens after the prog? perm stay at one of the rotated department?

any planned career path for the associates?

no of people per intake

sorry if this sounds stupid..

thanks in advance anyway!

Reply With Quote
  #2 (permalink)  
Old 29-10-2013, 12:15 AM
Unregistered
Guest
 
Posts: n/a
Default

low pay (u may think it's high) given the workload, repetitive work in the back-end. good if u like working back-end. u can rise through all the ranks but u will still be back-end aka clear shyt

Reply With Quote
  #3 (permalink)  
Old 29-10-2013, 01:00 AM
Junior Member
 
Join Date: Oct 2013
Posts: 3
janlin is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
low pay (u may think it's high) given the workload, repetitive work in the back-end. good if u like working back-end. u can rise through all the ranks but u will still be back-end aka clear shyt
nature of backend **** work is not an issue here. i'm just wondering why ocbc is willing to offer rotations to any degree holders w/o good honours? is there any catch? how is it compared to other entry roles?

Reply With Quote
  #4 (permalink)  
Old 29-10-2013, 07:03 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by janlin View Post
nature of backend **** work is not an issue here. i'm just wondering why ocbc is willing to offer rotations to any degree holders w/o good honours? is there any catch? how is it compared to other entry roles?
Typically, all companies will not accept candidates without good honours for any of their talent programmes/ management trainee positions. Reason is simple. They will get so many applicants with good honours that even many with good honours will not get called up for interviews.
Reply With Quote
  #5 (permalink)  
Old 29-10-2013, 09:10 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by janlin View Post
nature of backend **** work is not an issue here. i'm just wondering why ocbc is willing to offer rotations to any degree holders w/o good honours? is there any catch? how is it compared to other entry roles?
i think u still don't get it. the kind of regular bank work u will be doing don't need any degree or honours. u will know when u meet your colleagues. i believe diploma holders can apply, or used to be able to. because certain department turnover rate is high, or at certain peak times, the ideal situation is to send someone to handle the extra workload, preferably with experience and without incurring additional manpower costs. this is where the associate program rotation comes in.

in management program, u will be interacting with external clients and higher ups. ivy league degrees preferred, followed by good honours.

career path is different, salary and bonus packages are different, like those of regular employees.
Reply With Quote
  #6 (permalink)  
Old 29-10-2013, 09:26 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by janlin View Post
nature of backend **** work is not an issue here. i'm just wondering why ocbc is willing to offer rotations to any degree holders w/o good honours? is there any catch? how is it compared to other entry roles?
by the way, rotations are pretty common, there's no reason not to. accounts department may need to process customer details from credit department, loans department, settlements department...so ultimately which department u end up in, u will need to interact with the other departments, so know them well.


SG BusLeh mobile app
SG BusLeh - the best bus app - available on iPhone and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote

  #7 (permalink)  
Old 29-10-2013, 10:58 AM
Junior Member
 
Join Date: Oct 2013
Posts: 3
janlin is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
i think u still don't get it. the kind of regular bank work u will be doing don't need any degree or honours. u will know when u meet your colleagues. i believe diploma holders can apply, or used to be able to. because certain department turnover rate is high, or at certain peak times, the ideal situation is to send someone to handle the extra workload, preferably with experience and without incurring additional manpower costs. this is where the associate program rotation comes in.

in management program, u will be interacting with external clients and higher ups. ivy league degrees preferred, followed by good honours.

career path is different, salary and bonus packages are different, like those of regular employees.
So in a sense, this prog is just a fake dangling carrot to attract "talents"? To have a pool of willing ppl to squeeze more?

Sorry but I dont get ur last statement. Are u comparing MA to associates or associates to normal employees?
Reply With Quote
  #8 (permalink)  
Old 29-10-2013, 02:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by janlin View Post
So in a sense, this prog is just a fake dangling carrot to attract "talents"? To have a pool of willing ppl to squeeze more?

Sorry but I dont get ur last statement. Are u comparing MA to associates or associates to normal employees?
well, u can put it that way, but i wuld not. it's just a regular bank job - mostly administrative. wow a degree holder doing administrative work? yeah. degree holders are the best trainees because they are the most willing to learn and learn better. good if u aspire to join the non-glamorous, operations of banking. therefore candidates with decent results, good attitude will be offered a job.

associates are just like regular employees, same kind of salary package as the rest, same for bonus, etc. it is different from ma programmes track. ma executives may be given higher compensation, stock options, access to CEO, power to control certain parts of the bank, etc. associates and below have no power at all, just to complete the tasks assigned to them.

i observed many other banks like jpm, barclays, citi have such associates programmes too, but ultimately it's still a regular bank job. they all have rotations for joiners to make sure u know the various bank functions since u will need to work closely together and get things done when u're in ur assigned department. decent prospects, pay package, and far, far away from the glamour of MA track.
Reply With Quote
  #9 (permalink)  
Old 30-10-2013, 07:27 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by janlin View Post
hi,

why they willing to take in a pass degree and give them learning opportunities at 3 diff departments?
How u know?
Realised Ocbc job ads not accurate, always state lower requirements but in actual fact will only choose those higher than stated requirements
Reply With Quote
  #10 (permalink)  
Old 30-10-2013, 11:51 AM
Unregistered
Guest
 
Posts: n/a
Default

so is this a good job to take up as a start of banking career? it sounds good with the extra opportunities altho like more saikang involved. I see them posting 2 same ads within a month now, seems that they still lack of good candidates
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »

Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
OCBC Postgrad Management Programme. shuchishin Income and Jobs 331 04-12-2018 12:16 AM
TTSH management associate programme salary range jobhunter1234 Income and Jobs 55 09-03-2018 10:10 PM
PSA Management Associate Programme kwkhiu Income and Jobs 6 03-04-2013 08:15 PM
Salary for Fresh entry Electronic Associate Engineer ragegoh Income and Jobs 6 18-02-2013 02:11 PM
UOB Management Associate Programme vs DBS Technology Graduate Executive Programme kitkat Income and Jobs 0 22-05-2012 09:25 PM

» 30 Recent Threads
Civil Service Performance Bonus ( 1 2 3... Last Page)
961 Replies, 759,223 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
1,908 Replies, 724,586 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
214 Replies, 66,785 Views
Career as Teacher ( 1 2 3... Last Page)
1,319 Replies, 978,611 Views
Lawyer Salary ( 1 2 3... Last Page)
4,073 Replies, 1,398,374 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,079 Replies, 1,353,452 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
2,249 Replies, 1,070,944 Views
Compare civil service salary ( 1 2 3... Last Page)
7,449 Replies, 4,313,317 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
499 Replies, 245,345 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
782 Replies, 556,782 Views
UBS Graduate Talent Program ( 1 2 3)
21 Replies, 12,343 Views
How is life as a doctor in... ( 1 2 3... Last Page)
511 Replies, 602,353 Views
Associate in DBS ( 1 2 3... Last Page)
145 Replies, 189,950 Views
Salaries of Professors in SG ( 1 2 3... Last Page)
127 Replies, 193,587 Views
Constituency Manager (People... ( 1 2 3... Last Page)
679 Replies, 330,604 Views
Top paying companies in SG for... ( 1 2 3... Last Page)
70 Replies, 56,661 Views
UOB Management Associate Program ( 1 2 3... Last Page)
190 Replies, 107,119 Views
Queries about Cpib application ( 1 2 3... Last Page)
915 Replies, 366,633 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,400 Replies, 354,244 Views
Really that bad for engineers? ( 1 2 3... Last Page)
1,213 Replies, 798,222 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,255 Replies, 431,323 Views
Exxonmobil ( 1 2)
14 Replies, 11,656 Views
GIC career ( 1 2 3... Last Page)
185 Replies, 242,701 Views
Commercial Affairs Officer ( 1 2 3... Last Page)
79 Replies, 46,250 Views
Foreigner in Banking Industry
4 Replies, 452 Views
Govtech bonus ( 1 2 3)
22 Replies, 2,666 Views
Enterprise Singapore hiriing... ( 1 2)
15 Replies, 3,648 Views
Asset Management Salary and... ( 1 2 3)
20 Replies, 6,596 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,170 Replies, 571,252 Views
anyone working at NCS ? ( 1 2 3... Last Page)
269 Replies, 202,575 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:59 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2