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Different rank in local banks

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  #41 (permalink)  
Old 20-12-2016, 04:34 PM
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So, how much does a VP in a local bank earn?
Haha. I always find it funny when come to talk about CEO and MD, everyone so easy say $10m or $350k. Then when come to talk about something closer to the average banker - $100k - every one keep quiet because then they realize that yeah, actually SVP / MD at local bank don't earn relatively as much as the bulge bracket.

My take. Correct me if I'm wrong, there's a difference between DBS / UOB / OCBC and the MNC banks. MD at DBS, I will ball park $25k a month base or $300k a year. In Wall Street, as in New York, then you can triple that.

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  #42 (permalink)  
Old 20-12-2016, 05:01 PM
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Anyone can share the salary of average (majority of the population) AVP, VP and SVP at local banks?

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  #43 (permalink)  
Old 20-12-2016, 05:08 PM
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Anyone can share the salary of average (majority of the population) AVP, VP and SVP at local banks?
I also waiting for that guy to quote the salary range for AVP, VP and SVP and see how he'll manufacture the numbers to fit in $1m for MD. Waiting lei.

Remember hor, we're talking DBS Singapore not Goldman NY.

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  #44 (permalink)  
Old 20-12-2016, 08:40 PM
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Who cares whether MD is making $1mil or more? I doubt anyone hanging around online salary forums is close to smelling that level, let's concentrate more on junior level jobs that are more relevant.
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  #45 (permalink)  
Old 25-08-2017, 09:32 PM
Crys
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Default A person 1 2 3 4 5

Can some one help to clarify this:
In local banks like Ocbc Dbs wat role avp5 avp4 avp3 Avp2 avp1 plays
How the rank goes 1 to 5 or 5 to 1.
What's their salary difference??
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  #46 (permalink)  
Old 25-08-2017, 09:38 PM
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Who cares whether MD is making $1mil or more? I doubt anyone hanging around online salary forums is close to smelling that level, let's concentrate more on junior level jobs that are more relevant.
Many eat too much nothing to do speculating as if MD pay got anything to do with them.
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  #47 (permalink)  
Old 05-01-2018, 11:33 AM
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Default Banking levels and annual salaries

Perhaps if someone can provide the numbers in a table, that would be helpful

DBS UOB OCBC
Level/Salary Level/Salary Level/Salary
MD /SGD xxxx pa MD /SGD xxxx pa MD /SGD xxxx pa
SVP/SGD xxxx pa SVP /SGD xxxx pa SVP/SGD xxxx pa
VP /SGD xxx pa VP /SGD xxxx pa VP/SGD xxxx pa
AVP/SGD xxx pa AVP /SGD xxxx pa AVP/SGD xxx pa
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  #48 (permalink)  
Old 05-01-2018, 12:07 PM
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Originally Posted by Crys View Post
Can some one help to clarify this:
In local banks like Ocbc Dbs wat role avp5 avp4 avp3 Avp2 avp1 plays
How the rank goes 1 to 5 or 5 to 1.
What's their salary difference??
Bigger number = bigger salary
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  #49 (permalink)  
Old 04-02-2018, 08:31 PM
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hi, I came across this thread 2 years ago when I joined UOB as a VP1, after 16 years of working in non-bank sector, and two brief stincts with OCBC(as Assistant Manager) and DBS (as AVP)

Now i'm in a foreign bank with higher pay, i feel the need to comment on the misconceptions put forth in this thread's earlier postings.

First, the comparison of DBS CEO compensation package is wrong. Gupta is Group CEO that is based in Singapore, with a worldwide coverage. There are country CEO appointment holders, and within the local country there are then management... So these outrage gap that is mentioned is manifested because people compare the Worldwide Head salary with a single level's functional head. Like compare USA president with a local county sherrif pay gap

Second, career progression varies between frontline and non-frontline, so not fair to compare a Technology or Operations guy with sale guy progression. Again, DBS CEO is exception, he started as Citibank management trainee in Operations/Technology and moved to become China Citi Country CEO before headhunted to DBS as Worldwide CEO... how many backoffice guys can say they have ability to become country head?
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  #50 (permalink)  
Old 01-10-2018, 11:20 PM
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Originally Posted by Unregistered View Post
hi, I came across this thread 2 years ago when I joined UOB as a VP1, after 16 years of working in non-bank sector, and two brief stincts with OCBC(as Assistant Manager) and DBS (as AVP)

Now i'm in a foreign bank with higher pay, i feel the need to comment on the misconceptions put forth in this thread's earlier postings.

First, the comparison of DBS CEO compensation package is wrong. Gupta is Group CEO that is based in Singapore, with a worldwide coverage. There are country CEO appointment holders, and within the local country there are then management... So these outrage gap that is mentioned is manifested because people compare the Worldwide Head salary with a single level's functional head. Like compare USA president with a local county sherrif pay gap

Second, career progression varies between frontline and non-frontline, so not fair to compare a Technology or Operations guy with sale guy progression. Again, DBS CEO is exception, he started as Citibank management trainee in Operations/Technology and moved to become China Citi Country CEO before headhunted to DBS as Worldwide CEO... how many backoffice guys can say they have ability to become country head?
Hi so would you cate to share the salary range for vp1 at uob?
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