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18-04-2025 05:46 PM

Unregistered

Quote:

Originally Posted by Unregistered

Around $8k after promoting to AVP in red bank, risk

same for red black.

18-04-2025 12:23 AM

Unregistered

Quote:

Originally Posted by alisaya

can I ask how much a first year AVP (backend risk compliance) earns in local red bank and red black bank?

Around $8k after promoting to AVP in red bank, risk

13-04-2025 09:59 AM

alisaya

can I ask how much a first year AVP (backend risk compliance) earns in local red bank and red black bank?

03-04-2025 12:14 PM

Unregistered

uob offer

role is for a VP team lead role back office

I come with 13 yoe and last drawn is 11.3k, non-bank industry, was in consulting.

For uob i should be in VP1 or VP2 and how much can i ask for %increment based on your experience?

28-03-2025 08:20 AM

Unregistered

Quote:

Originally Posted by Unregistered

beats most other industry except those tech companies that work you 996 and does routine layoff to "refresh" the talent

It is also cheaper to hire young talents.

24-03-2025 09:46 PM

Unregistered

Quote:

Originally Posted by NoComment222

how is the pay in banks now

beats most other industry except those tech companies that work you 996 and does routine layoff to "refresh" the talent

24-03-2025 05:48 PM

OOYYKOO

Does anyone know what is the base pay range for strategic advisory analyst/associate position for DBS? I see people from ex Seatown/BNP Paribas coming here

23-03-2025 10:13 PM

NoComment222

how is the pay in banks now

23-03-2025 08:59 PM

Unregistered

Quote:

Originally Posted by Unregistered

What is the ceiling salary of SVP in local banks for control function such as audit，risk and compliance.

heard for DBS it's 26k or 28k. once you hit ceiling and your role is capped at that rank, then likely no more increment any more. only way out is change job, either internally or jump boat.

23-03-2025 08:55 PM

Unregistered

Quote:

Originally Posted by Unregistered

Previously was in foreign banks Compliance function drawing 2 months bonus generally. Have worked in local bank for some years. Bonus is always 4-6 months also control function. 1.3 months is very low as local bank compensation structure is heavy on bonus.

that has changed somewhat for DBS over the past 2 years where pay rebalancing had been done to put some of the bonus pay into guaranteed pay (base), roughly speaking for VP and below, bonus now less than before than 1 month or so, but base has been raised to make it look more competitive. I feel it's a better move. For majority of bank's function, business is less volatile so more base less bonus is more stable.

this doesn't apply to higher rank where bonus will be the main driver or motivation for performance, so SVP and above has seen less of such pay rebalance.

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