People in the Finance industry, please come in and share

Originally Posted by Unregistered

RM for priority banking in SCB, 2 years exp drawing 6.6k now.

Hi, did you include your commissions in the 6.6k? Thanks

Originally Posted by Unregistered

Interesting career path. I always thought the skills for prop trading is not very relevant to sell side trading.

Sorry to divert from your question, but I'm just curious, did you enjoy working as a prop trader? How does it compare to sell side trading? Also, how did you make the jump from prop trading to sell side trading?

def enjoyed working as a prop trader. i did not face a single monday blue and i look fwd to work everyday. prop and sell side is 2 totally different thing. the former involves having your own pnl and that alone determines pretty much everything. the latter involves servicing and building relations with your clients, bringing in as much comms as you can. both have different stress levels. for prop, its the pnl. for sell side trader, it's the cb clients that you have to face and be polite with, aka por lam pa.

i wanted more stability in my job and hours, so i decided to go for a change and went for a few interviews. had 2 to choose from. 1) big china investment arm as their research analyst/trader 2) sell side trader for a BB. eventually swayed by BB's higher offer. thinking back, i may have more things to learn from 1) than 2).

SVP, Risk Management in local bank. Basic 21k. 16 years exp so far.

Originally Posted by Unregistered

SVP, Risk Management in local bank. Basic 21k. 16 years exp so far.

Nice one, Merry Xmas

[in3deep]

i heard credit suisse pays 0.5 (av performer) -1.5 (good performer) bonus

refering to finance department here

Regional IT auditor in a jap bank getting 11.2k every month, bonus 3-4 months depending on performance.

Originally Posted by Unregistered

Regional IT auditor in a jap bank getting 11.2k every month, bonus 3-4 months depending on performance.

Hi, how many years of work exp do you have?

looks like i'm the only lowly paid here. 4 years exp in insurance industry now a claims senior executive with NTUC Income with basic salary of 5.5k

Originally Posted by Unregistered

looks like i'm the only lowly paid here. 4 years exp in insurance industry now a claims senior executive with NTUC Income with basic salary of 5.5k

Your pay is not bad at all..it's just those guys are at the upper end

This thread is becoming like back in 2007..awesome!!

Originally Posted by Unregistered

SVP, Risk Management in local bank. Basic 21k. 16 years exp so far.

That is very good. Could you share more ? Like when were you promoted to SVP and was there a significant jump along the way? Was it becoz u took the good years in a foreign bank and then moved into local ?