career in IT at banks like UBS, CS

[ahboy82]

anyone can share the experience working there and the pay? wat's the typical pay for someone with experience joining them?

Originally Posted by ahboy82

anyone can share the experience working there and the pay? wat's the typical pay for someone with experience joining them?

100k - 500k

[ahboy82]

ok maybe i am not clear.

wat's the pay like for a senior analyst/enginner with 4 years of experience?

~70k/year. IT in banks are moving away from Singapore and a lot of emplpyee are getting fired.

The job market is definitely tougher than usual because : 1)less positions available 2)hordes of people with relevant experience are now jobless and frantically looking for a job

good luck!

concur with PP.

now, IT and Finance are not good areas to be in. all being "rightshored" to India, Philippines.

In fact, SG getting too expensive to a point that many European banks find it more sense to bring those services back to Europe, specifically Poland - closer to their timezone, perception that there is no language barrier. Not to mention you can hire a fresh grad in Krakow for SGD800.

Originally Posted by Unregistered

~70k/year. IT in banks are moving away from Singapore and a lot of emplpyee are getting fired.

The job market is definitely tougher than usual because : 1)less positions available 2)hordes of people with relevant experience are now jobless and frantically looking for a job

good luck!

what about local banks like ocbc and uob? would IT jobs there be more stable?

[ahboy82]

heard ANZ pays pretty well. was told an analyst earns 11k monthly? anybody can shed some light?

Originally Posted by ahboy82

heard ANZ pays pretty well. was told an analyst earns 11k monthly? anybody can shed some light?

Unless you are talking about those 'front office' analyst, I seriously doubt IT analyst can be paid that much. Banks are not stupid, they will not pay you 11k if their nearest competitors only pay you ~6k(because you will take their offer anyway if they offer you 6.5k)

Originally Posted by ahboy82

heard ANZ pays pretty well. was told an analyst earns 11k monthly? anybody can shed some light?

i think you read this on edmw. they speculated the women spread her legs.

could not be an IT analyst. Some financial analyst I heard.

[cslee]

According to MOM benchmarking tool on Benchmarking Tools

IT managers (e.g. computer & network ops mgr) in finance industry are paid about ~$10K median and $15K at 75% percentile. The figures are like 50% higher than other industries.

If pay so high, every IT manager would all "chiong" to banks. What's the catch? Any insiders to share?