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28-11-2022 12:29 PM
Unregistered UOB really jialat. Best not to work for local singapore companies. Intl firms are governed by intl standards which usually translate to better pay and working conditions. Singapore mindset is you dont want to work we can always replace you with someone cheaper faster better. This is what you voted for.
24-06-2019 10:27 AM
Unregistered Thank you for clarifications. There are many people giving false information that is misleading which I find it ridiculous. Many don't understand the word generally and/or average.

Quote:
Originally Posted by Unregistered View Post
please don't mislead people, or check around to understand the average before using one data point to make the argument.

In typical scenarios, VP in banks requires ~ 10 years experience. of course high flyers exists, but the average fact is that. in my bank, AVP JD usually requires 5-8 years experience, VP requires at least 8+ years experience. I'm 41 as of 2019, VP in a US bank. Yes there're a few people in my office below 40 already SVP. Some below 45 already MD (my bank doesn't have much title inflation, every year only less than 20 new MD promotions, with a total global workforce of 60k). But majority of my cohort are VP and some still AVP.

Then again, different banks have very different title vs. experience/actual grade schemes. UOB is known to be the most inflated among the local. I've seen UOB VP applying other bank AVP position and still get good increment. In DBS, as far as I know, VP is really managerial position with a small team to lead, whereas in some other banks, even ED can still be individual contributor.

In insurance, while most follow similar corporate title track, some actually follow non-banking MNC where VP is really high-up with Directors and Managers as middle and lower level.
24-06-2019 10:13 AM
Unregistered cant agree more. UOB has the most inflated title (at least during my tenure there). Their AVP can start as low as 4.5k onwards. In some banks, this salary can only land u in associate role.

For VP role in UOB and as per some threads mentioned, it is like a team lead role, not a department head or a section head. I left the bank as a VP2 in my short stint in the bank. very 'memorable' i should say, not worth mentioning.

Of course that was some years back, maybe now they did corporate restructuring which I cant be sure
27-04-2019 01:28 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
No. This is a little slow in actual fact.




Functional Approach category
please don't mislead people, or check around to understand the average before using one data point to make the argument.

In typical scenarios, VP in banks requires ~ 10 years experience. of course high flyers exists, but the average fact is that. in my bank, AVP JD usually requires 5-8 years experience, VP requires at least 8+ years experience. I'm 41 as of 2019, VP in a US bank. Yes there're a few people in my office below 40 already SVP. Some below 45 already MD (my bank doesn't have much title inflation, every year only less than 20 new MD promotions, with a total global workforce of 60k). But majority of my cohort are VP and some still AVP.

Then again, different banks have very different title vs. experience/actual grade schemes. UOB is known to be the most inflated among the local. I've seen UOB VP applying other bank AVP position and still get good increment. In DBS, as far as I know, VP is really managerial position with a small team to lead, whereas in some other banks, even ED can still be individual contributor.

In insurance, while most follow similar corporate title track, some actually follow non-banking MNC where VP is really high-up with Directors and Managers as middle and lower level.
31-03-2019 01:08 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Is is considered as fast to reach a vp level?

I dont think many people can reach this level unless for specific jobs.
No. This is a little slow in actual fact.


Quote:
Originally Posted by Unregistered View Post
Which function are u in?
Functional Approach category
31-03-2019 08:14 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
About 8? Coming to 9.
Which function are u in?
30-03-2019 10:05 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
About 8? Coming to 9.

Is is considered as fast to reach a vp level?

I dont think many people can reach this level unless for specific jobs.
30-03-2019 08:57 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
How many years of working experience do you have?
About 8? Coming to 9.
29-03-2019 10:50 PM
Unregistered Please note not all VP are equal.

Some Local Bank VP typically draw lower salary than the others for entry level VP.
25-03-2019 01:34 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
given up the UOB offer eventually because not really up to expectation (around 145-150k per annum all in). Two months later got another offer from a MNC 175k per annum base plus 1 month bonus (US culture). Went there and quite happy (no stress, friendly colleague and reasonable workload). Tow year later as of now, 185k base, plus bonus, about 205k per annum)
How many years of working experience do you have?
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