People in the Finance industry, please come in and share

Originally Posted by Unregistered

It is better to compare annual compensation. Real Foreign banks generally do not give any bonus. Local banks give 3-5 months bonus on average while foreign banks get 0-1month only. not to mention much longer working hours at foreign banks (in general). Would you rather be paid $4k per month with 4months bonus or you get $4.5k with no bonus?

I guess it's so much better to be paid 4.5 base, at least it's confirmed. Rather than low 3s and hoping to get 6 months bonus just to be on par with the 4.5 base
Also, these days, local bonus ain't very good either. Got 3 mths can open champagne

Originally Posted by Unregistered

What's the difference between those two above

A "credit analyst" could be a fixed income research analyst or he could be in back/middle office under the credit risk dept which does not involve investment research but more of due diligence. It's like when someone says he's an "IBD analyst", he could be an investment banker or his rank is "analyst" and he works in BO of IB dept

Anyone can share 2014 bonus for this year for the BBs/local banks?

FO and BO?

mine is 2months FO

Originally Posted by Unregistered

Anyone can share 2014 bonus for this year for the BBs/local banks?

FO and BO?

mine is 2months FO

BO BB 7 mth

Market risk, project management role, AVP, BB, 2 years total exp, 6.3k

Feels like it's on the low side though

Originally Posted by Unregistered

Anyone can share 2014 bonus for this year for the BBs/local banks?

FO and BO?

mine is 2months FO

Are u from BB or local bank? Mind sharing your role?

Can anyone advise on my earlier role regarding pay increment for bb traders? Thanks!

Originally Posted by Unregistered

A "credit analyst" could be a fixed income research analyst or he could be in back/middle office under the credit risk dept which does not involve investment research but more of due diligence. It's like when someone says he's an "IBD analyst", he could be an investment banker or his rank is "analyst" and he works in BO of IB dept

A credit analyst, doing corporates, fixed income, FIs are credit analyst and belong to FO
That's what u meant ?

Originally Posted by Unregistered

A "credit analyst" could be a fixed income research analyst or he could be in back/middle office under the credit risk dept which does not involve investment research but more of due diligence. It's like when someone says he's an "IBD analyst", he could be an investment banker or his rank is "analyst" and he works in BO of IB dept

For the credit analyst job, What would be the starting pay/progression and what prerequisite in order to get into these role

Originally Posted by Unregistered

For the credit analyst job, What would be the starting pay/progression and what prerequisite in order to get into these role

Pay varies widely, starting as low as 3k+ in lower tier banks to 5-8k for top tier banks. Prerequisites same as any research roles, require excellent grades