How long is the interview process in CIMB Bank? - Page 3 - 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




How long is the interview process in CIMB Bank?

Reply
 
Thread Tools
  #21 (permalink)  
Old 25-07-2014, 10:30 AM
Unregistered
Guest
 
Posts: n/a
Default

6-8 rounds of interview for management associate or junior staff is a joke.

the most prestigious graduate MBA programs out there in Unilever, Shell, Microsoft, P&G, Exxon, JP Morgan or even administrative officer program in civil service just have 1 day assessment cetnre and maybe another 3-4 rounds of structured interviews.

normal banks need 8 rounds over 1 year just to get a VP or management associate is just inefficiency and lousy control from their hr side.

hsbc has ~25,000 vp world wide, i hope they are all not taking 8 interviews to hire...

Reply With Quote
  #22 (permalink)  
Old 25-07-2014, 04:35 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
6-8 rounds of interview for management associate or junior staff is a joke.

the most prestigious graduate MBA programs out there in Unilever, Shell, Microsoft, P&G, Exxon, JP Morgan or even administrative officer program in civil service just have 1 day assessment cetnre and maybe another 3-4 rounds of structured interviews.

normal banks need 8 rounds over 1 year just to get a VP or management associate is just inefficiency and lousy control from their hr side.

hsbc has ~25,000 vp world wide, i hope they are all not taking 8 interviews to hire...
I dont think its that bad for the whole hsbc, probably the hr for singapore just disorganized and a mess.

Reply With Quote
  #23 (permalink)  
Old 25-07-2014, 06:23 PM
Jennifer
Guest
 
Posts: n/a
Default processing time for VP in banks

Why single out a single bank? I went to SCB for a tech position (VP). After 6 rounds in 8 months, I was told that the position was put on hold. At Barclays, they went silent after 10 months and 12 rounds. I never know what happened. Just who bears the cost of these wasteful exercises? At credit suisse, well, another storey...

Reply With Quote
  #24 (permalink)  
Old 26-07-2014, 01:22 AM
Unregistered
Guest
 
Posts: n/a
Default

sorry to hear this. totally waste of time. for the hr, they are paid to do this so no loss to them.

if u r from ivy league, the hiring process can be completed in a month or two.
Reply With Quote
  #25 (permalink)  
Old 26-07-2014, 10:02 AM
Unregistered
Guest
 
Posts: n/a
Default Waste time

Quote:
Originally Posted by Jennifer View Post
Why single out a single bank? I went to SCB for a tech position (VP). After 6 rounds in 8 months, I was told that the position was put on hold. At Barclays, they went silent after 10 months and 12 rounds. I never know what happened. Just who bears the cost of these wasteful exercises? At credit suisse, well, another storey...
Honestly speaking, i work in the banking sector and i've never heard of interviews going beyond 4 rounds besides MA programs, and maybe some FO roles.

Im guessing you went through recruiters who are usually not transparent with candidates
on the hiring firm's status, process etc. For eg. the role may be tentative and no candidate was hired after all.
Reply With Quote
  #26 (permalink)  
Old 26-07-2014, 05:37 PM
Unregistered
Guest
 
Posts: n/a
Default

Banks are hire & fire culture and it is well known they treat people especially those lower levels like thrash.

For those applying for jobs like SVP & below my advice is just go there and do the rounds if you are free, but don't put too much hope and faith in the recruitment process. Even if you interviewers have titles that sound dam big like MD, CEO etc. most likely they are just middle management and need to get clearance from many rounds on top before things will happen.
Reply With Quote

  #27 (permalink)  
Old 26-07-2014, 10:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Banks are hire & fire culture and it is well known they treat people especially those lower levels like thrash.

For those applying for jobs like SVP & below my advice is just go there and do the rounds if you are free, but don't put too much hope and faith in the recruitment process. Even if you interviewers have titles that sound dam big like MD, CEO etc. most likely they are just middle management and need to get clearance from many rounds on top before things will happen.
i use to think MDs are only for the top few most high rank position in banking until i go dbs and the old birds there tell me there are 400+ MDs in dbs alone.
Reply With Quote
  #28 (permalink)  
Old 27-07-2014, 12:15 AM
Unregistered
Guest
 
Posts: n/a
Default MD in a bank

In one of the banks I worked for not to long ago, the entry position was called an Assistant Director. After 2 years, one become an Associate Director. If you got along well and didn't get fired along the way, you will become an MD in 10 years. Of course there was a complex setup of MDs as well. My boss (an MD) reported to another MD who in turn reported to yet another MD, 7 MD in the line. Then came COO and then executive COO and then the President and then the CEO. Almost 15 layers between the Assistant Director and the CEO.

God bless you.
Reply With Quote
  #29 (permalink)  
Old 28-07-2014, 11:08 AM
George
Guest
 
Posts: n/a
Default how many directors in Credit Swiss?

Quote:
Originally Posted by Unregistered View Post
i use to think MDs are only for the top few most high rank position in banking until i go dbs and the old birds there tell me there are 400+ MDs in dbs alone.
My friend tells me that there are more than 200 directors in Credit Swiss in Singapore alone. For a company with less than 3000 employees in Singapore, either Director is a very junior position, or most of these directors have staff outside Singapore.
Reply With Quote
  #30 (permalink)  
Old 28-07-2014, 09:29 PM
Unregistered
Guest
 
Posts: n/a
Default

if u can compare rank & pay for banks with other big companies, bank titles are much more inflated and compare roughly like this:

for banks using "president" system

AVP = Associate / Specialist
VP = Senior Associate / Assistant Manager / Senior Analyst
SVP = Manager
Director = Senior Manager
MD = Director / Department Head
Country MD / Subsidiary CEO = General Manager

for banks using "director" system

AD = Associate / Executive / Specialist
Director = Senior Associate / Assistant Manager / Senior Analyst
Senior Director = Manager
VP = Senior Manager
VP / SVP = General Manager
Reply With Quote
Reply

Bookmarks

Tags
cimb

« 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
DBS BANK Interview replies supergirl91 Income and Jobs 445 23-12-2022 02:37 PM
Interview Process at IPOS? sianhalf Income and Jobs 218 06-10-2022 04:29 PM
CIMB regional scholarship (arts, environmental studies postgrad) warning Education and Personal Growth 0 03-07-2011 10:10 PM
How long should i work here? dryden28 Income and Jobs 6 31-08-2010 04:27 PM
Bank executives work long hours Salary.sg Income and Jobs 2 25-05-2008 03:02 PM

» 30 Recent Threads
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,803 Replies, 1,045,024 Views
Career as Teacher ( 1 2 3... Last Page)
10,848 Replies, 6,669,769 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,318 Replies, 4,984,508 Views
GovTech ( 1 2 3... Last Page)
5,163 Replies, 2,164,531 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,050 Replies, 440,687 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,491 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,239 Replies, 3,399,633 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,772,090 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
171 Replies, 309,461 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
680 Replies, 388,722 Views
Compare civil service salary ( 1 2 3... Last Page)
16,343 Replies, 12,457,474 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,330,619 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,226 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,457 Replies, 784,673 Views
Is getting a PMP worth it ?
4 Replies, 7,167 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,707 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,498 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,423 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,332 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,323 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,017 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,824 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,790 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,712 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,648 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,771 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,934 Views
MX12 reappointed at MX11
8 Replies, 845 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,688 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,448 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:23 PM.


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