People in the Finance industry, please come in and share

Originally Posted by poordad

Hey guys, I am a fresh grad who received an offer for MA for a local bank, 4.3k and deciding whether to take it. Does anybody know if there is a difference in pay between a first-class hons holder and a second upper?

Hi, may I know what bank?

Originally Posted by Unregistered

Hi, may I know what bank?

i guess it's uob

Originally Posted by Unregistered

i guess it's uob

I got 4.7 at uob

Originally Posted by Unregistered

I got 4.7 at uob

I thought it was standard across departments. What dept is yours? Front office / s&t?

Bonus figures out for most banks already?

Anyone care to share?

Current Salary Local Bank: $10k+ Age 34

Age 26: local bank, RM role basic $3100 (mostly comm based)
Age 28: moved to foreign bank, middle ofc role. started $3,900, promoted to avp. Last drawn $5600
Age 30: joined another local bank. Pdt related role. Joined $6,800.
Age 34: after promotion to VP previous year, current salary $10k+

So adjusted from $3k plus to current $10k plus over around a span of 8 years. You will see people doing better, people doing worse. Key thing is to be contented. Also, seeking advancement and promotions, thru the right values helps in the long run. You help ppl, ppl will help u in return.

Regards,

27 years old.. 1 yr experience...

12.5k a month

Originally Posted by Unregistered

Bonus figures out for most banks already?

Anyone care to share?

European bb, risk change, 1 month bonus and 2% increment

Originally Posted by Unregistered

Bonus figures out for most banks already?

Anyone care to share?

Local FI, operation

VB: 1.5month

46, retired. Ex corporate high flyer from the finance sector. Life is so much relaxing now.
Managing my own investment portfolio, generating income of $200k pa from dividends and trading profits. Household expenses $100k pa. Wife is a housewife. Daughter in JC. Penthouse condo and continental car fully paid up. Debt free.