Banks' Pay and Bonuses - Page 13 - 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




Banks' Pay and Bonuses

Reply
 
Thread Tools
  #121 (permalink)  
Old 13-06-2015, 06:44 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
yea yea, so 6 school mates of yours just happily share with you their exact basic salary & bonus for the year...

and seriously wtf is a "buyside quant fund"? wanna BS at least learn to use the correct industry terminology
I'm not the original poster of those 6 salaries and bonuses but what's wrong with "buyside quant fund"? aren't you nitpicking it a little too much?



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #122 (permalink)  
Old 13-06-2015, 09:03 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I'm not the original poster of those 6 salaries and bonuses but what's wrong with "buyside quant fund"? aren't you nitpicking it a little too much?
It's not about nitpicking, nobody who knows a bit about the industry would describe a fund as "buyside quant". It's pretty obvious the guy is just congugating a few technical sounding names in a bid to impress laymen.

Also for those with some elementary exposure to the industry will know that the salaries quoted are randomly inaccurate, i.e. some are obviously way too high while others are ridiculously low.

Reply With Quote
  #123 (permalink)  
Old 13-06-2015, 09:27 PM
Unregistered
Guest
 
Posts: n/a
Default

The salary ranges are quite accurate if you look at robert walters salary guide.
The quant trader seems low, perhaps he is on portfolio construction and algo development, not on the portfolio manager

Quote:
Originally Posted by Unregistered View Post
It's not about nitpicking, nobody who knows a bit about the
industry would describe a fund as "buyside quant". It's pretty obvious the guy is just congugating a few technical sounding names in a bid to impress laymen.

Also for those with some elementary exposure to the industry will know that the salaries quoted are randomly inaccurate, i.e. some are obviously way too high while others are ridiculously low.

Reply With Quote
  #124 (permalink)  
Old 14-06-2015, 05:55 PM
Unregistered
Guest
 
Posts: n/a
Default

figures are base, no bonus included. Bonus for risk management around 20-30% of base. Bonus for front office like Quant research, DCM around 50-100% of base

In banking industry, no such thing as AWS or allowances.



Quote:
Originally Posted by Unregistered View Post
Quick question, i assume all the figures listed here include whatever allowances / VBs / AWS right? Basically, the entire package a.k.a all-in package?
Reply With Quote
  #125 (permalink)  
Old 14-06-2015, 06:00 PM
Unregistered
Guest
 
Posts: n/a
Default

450k - all in with bonus - VP in emerging markets rates mainly in NDF markets - how do I do compared with the industry?
Reply With Quote
  #126 (permalink)  
Old 14-06-2015, 07:44 PM
Unregistered
Guest
 
Posts: n/a
Default back office in banks

how much does back office in those bbs like credit suisse, jpmorgan earn?

possible to reach 150k for a person with more than 5 years experience???
Reply With Quote

  #127 (permalink)  
Old 14-06-2015, 08:13 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
how much does back office in those bbs like credit suisse, jpmorgan earn?

possible to reach 150k for a person with more than 5 years experience???
Yes possible, my friend graduated from NUS with masters in comp sci, now working as python programmer in jpm earning 160k
Reply With Quote
  #128 (permalink)  
Old 14-06-2015, 08:42 PM
Unregistered
Guest
 
Posts: n/a
Default

I am process engineer with NUS Electrical Engineering degree.
After reading this thread, I like to work in investment bank as a programmer.
What is my chance?
Reply With Quote
  #129 (permalink)  
Old 15-06-2015, 12:13 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
>100k in early 30s is very common in banking sector, even for non revenue generating role.
The good ones already reach VP in early 30s and hit 200k for mid office role, or 300k for front office role.
This is the reality but many refuse to believe it for some reason.
Reply With Quote
  #130 (permalink)  
Old 15-06-2015, 12:16 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I am process engineer with NUS Electrical Engineering degree.
After reading this thread, I like to work in investment bank as a programmer.
What is my chance?
Good chance.
Reply With Quote
Reply

Bookmarks

« 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
Annual increment and bonuses at NUH and NUS darkstar Income and Jobs 3 19-01-2014 04:10 PM
Bonuses !! uturn Income and Jobs 50 19-03-2013 09:54 PM
IT in banks sochews Income and Jobs 7 08-12-2011 09:45 AM
More Pay and Bonuses for Teachers Salary.sg Income and Jobs 7 05-12-2009 06:45 PM
MINDEF and SAF Sign-On Bonuses Salary.sg Income and Jobs 9 16-08-2009 03:40 PM

» 30 Recent Threads
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,904 Replies, 2,410,971 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
986 Replies, 706,926 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
324 Replies, 32,838 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,848 Replies, 1,632,048 Views
MOM(ACE) offers good career... ( 1 2 3)
25 Replies, 2,701 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
95 Replies, 23,860 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
444 Replies, 247,547 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
714 Replies, 167,459 Views
GovTech ( 1 2 3... Last Page)
416 Replies, 292,098 Views
Lawyer Salary ( 1 2 3... Last Page)
12,905 Replies, 4,282,615 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,047 Replies, 1,275,236 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,464 Replies, 696,338 Views
Credit Suisse ( 1 2 3... Last Page)
150 Replies, 90,092 Views
[Help] What do you guys think of... ( 1 2)
11 Replies, 3,057 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,038 Replies, 1,628,648 Views
Unilever UFLP 2018 ( 1 2 3... Last Page)
30 Replies, 13,270 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,049 Replies, 1,127,330 Views
Earn your daiy Sgd5,000 from...
0 Replies, 53 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
350 Replies, 99,499 Views
Compare civil service salary ( 1 2 3... Last Page)
12,255 Replies, 7,104,414 Views
Can I serve my notice and put my...
6 Replies, 16,160 Views
career dilemma in 30s ( 1 2 3)
25 Replies, 12,486 Views
Civil engineering pay
5 Replies, 1,595 Views
Engineer Pay ( 1 2 3... Last Page)
270 Replies, 113,071 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,465 Replies, 4,243,378 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
46 Replies, 24,190 Views
Career as Teacher ( 1 2 3... Last Page)
3,809 Replies, 2,371,300 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:46 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2