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, 09:44 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 28-10-2013, 11:15 PM
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, 12:00 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, 06:03 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, 08:10 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, 08:26 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.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


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


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, 09:58 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, 01:49 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.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


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


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
  #9 (permalink)  
Old 30-10-2013, 06:27 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, 10:51 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
PSA Management Associate Programme kwkhiu Income and Jobs 8 17-03-2020 01:26 PM
OCBC Postgrad Management Programme. shuchishin Income and Jobs 332 04-09-2019 11:25 PM
TTSH management associate programme salary range jobhunter1234 Income and Jobs 55 09-03-2018 10:10 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 08:25 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
21,014 Replies, 10,328,826 Views
GovTech ( 1 2 3... Last Page)
5,161 Replies, 2,163,336 Views
Career as Teacher ( 1 2 3... Last Page)
10,833 Replies, 6,665,225 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,801 Replies, 1,043,823 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,308 Replies, 4,982,880 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
679 Replies, 388,234 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,550 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,902,541 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,455 Replies, 784,368 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,362 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,656,630 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 368,991 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,338 Replies, 4,769,866 Views
Compare civil service salary ( 1 2 3... Last Page)
16,342 Replies, 12,454,684 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
169 Replies, 309,074 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,869 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,794 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,323,913 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,309 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,525 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,153 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,544,423 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,497 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,403 Views
MX12 reappointed at MX11
8 Replies, 802 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,474 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,038 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,951 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,536 Views
Singapore Airlines ( 1 2 3)
22 Replies, 11,274 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:55 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2