Banks' Pay and Bonuses

Originally Posted by Unregistered

34yo getting 9.6k doing compliance in a foreign bank. How am I doing?

Like a bit slow. At this age should be able to hit VP drawing beyond 10k

Originally Posted by Unregistered

34yo getting 9.6k doing compliance in a foreign bank. How am I doing?

quite badly

Originally Posted by Unregistered

34yo getting 9.6k doing compliance in a foreign bank. How am I doing?

Id say not too bad if you're a male who served NS and did a 3/4 year degree. With 8/9 yoe, would probably be able to earn 9-12k on avg.

Originally Posted by Unregistered

Id say not too bad if you're a male who served NS and did a 3/4 year degree. With 8/9 yoe, would probably be able to earn 9-12k on avg.

I have 8 years of YOE, turning 33 this year. So looking for 10k for my next jump seems to be reasonable because HR said it is a bit of a stretch.

Originally Posted by Unregistered

I have 8 years of YOE, turning 33 this year. So looking for 10k for my next jump seems to be reasonable because HR said it is a bit of a stretch.

Really depends which bank it is and if they''re offering avp/senior assoc vs VP role. If it's local bank avp, yes that's a bit challenging. On the other end of the spectrum, bbs with VP position, 10k is easily doable. Anything in between, depends on your luck and the budget

Originally Posted by Unregistered

Really depends which bank it is and if they''re offering avp/senior assoc vs VP role. If it's local bank avp, yes that's a bit challenging. On the other end of the spectrum, bbs with VP position, 10k is easily doable. Anything in between, depends on your luck and the budget

Please aim for angmoh banks if you want the dough. Local banks probably only DBS can pay.

Originally Posted by Unregistered

I have 8 years of YOE, turning 33 this year. So looking for 10k for my next jump seems to be reasonable because HR said it is a bit of a stretch.

What's ur current pay? Assuming you're not the poster drawing 9.6k as he/she is 34.

Originally Posted by Unregistered

10k is analyst in FO... Not AVP. I'm in foreign bank AVP, base already 175k. Unless your friend joined some Asian bank like ctbc or locals.

Yes, from local / regional bank. not a european or US international bank.

What is the usual % annual increment and % promotion increment range for FO?

any insights on fund of funds investment roles? Does it pay well?

Originally Posted by Unregistered

any insights on fund of funds investment roles? Does it pay well?

yes definitely