Corporate banking

[blitz]

Hello forumers - need help on a salary check.

- Currently a corporate banking junior RM in foreign bank
- Local double degree grad with honours
- Joined bank's accelerated grad programme with rotations (starting basic: $50k pa)
- Converted to perm role at end of 2-yr programme (title: AVP; basic: $60k pa)
- Just promoted due to strong performance, now armed with 3.5y exp (title: VP; basic: $70k pa)

Feel I should be drawing at least get $75k pa. Am I unrealistic?

Have not spoken to headhunters but lining up some contacts to get a sense. But would like to stay given good mentor / team, so preference is to try to negotiate.

Thanks!

Originally Posted by blitz

Hello forumers - need help on a salary check.

- Currently a corporate banking junior RM in foreign bank
- Local double degree grad with honours
- Joined bank's accelerated grad programme with rotations (starting basic: $50k pa)
- Converted to perm role at end of 2-yr programme (title: AVP; basic: $60k pa)
- Just promoted due to strong performance, now armed with 3.5y exp (title: VP; basic: $70k pa)

Feel I should be drawing at least get $75k pa. Am I unrealistic?

Have not spoken to headhunters but lining up some contacts to get a sense. But would like to stay given good mentor / team, so preference is to try to negotiate.

Thanks!

wow, i know of people who don't even have a "manager" in their title who earns more than a bank VP. i guess u are more than compensated by your juicy bonuses.

if u have fat bonuses and are doing well, why are u looking to move for just $5k pa?

Anyway does your 70k include bonus? Whats your all in? eh inflated title, I am a assistant manager in a foreign bank and my basic is already 78k.

You should check with a few recruitment agencies, quite alot of openings for RMs now actually. You could probably get a 15-20% increment if you move now.

totally underpaid. if you're in the US, your salary should be 200k USD range.

Originally Posted by Unregistered

totally underpaid. if you're in the US, your salary should be 200k USD range.

Yeah if you are in zimbalwe you salary should be a few trillion zillion dollars.