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25-07-2021 10:34 PM
Unregistered lets say I'm joining as RM with a base pay of 3500. I'll get a cut of the products i sell, how are these comms calculated?
17-07-2021 04:13 PM
Unregistered Hi people, not really a question on banking salary but anyone can tell me what's DBS business management support (BMS) division is about?
15-07-2021 11:00 PM
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Originally Posted by Unregistered View Post
3 weeks - 1 month. First hand experience from a few of the top tier BBs
Thanks! thought kanna snook haha
15-07-2021 04:45 PM
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Hello

Any idea usually background check for banks or investment firms gonna take how long?
3 weeks - 1 month. First hand experience from a few of the top tier BBs
15-07-2021 11:22 AM
Unregistered Hello

Any idea usually background check for banks or investment firms gonna take how long?
09-07-2021 08:29 AM
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Compared to large Western banks like JP/BOA/HSBC/Citi, local banks neither pay high salaries nor high bonuses, in fact pretty low. And it's across all functions, BO/MO/FO. But if you compare to small Asian banks like KEB/Maybank/Bank of India etc then yes local bank pay is about there.
Do you have a rough ballpark figure of bonuses for the large western banks you listed above for BO/MO? Thank you~
09-07-2021 08:25 AM
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Heard that for BO/MO, local banks generally give higher bonuses to compensate their lower base pay.
Compared to large Western banks like JP/BOA/HSBC/Citi, local banks neither pay high salaries nor high bonuses, in fact pretty low. And it's across all functions, BO/MO/FO. But if you compare to small Asian banks like KEB/Maybank/Bank of India etc then yes local bank pay is about there.
08-07-2021 03:45 PM
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Hello, I'm not from those banks but can quote that the range of bonus will typically be about ~2/3 months. You must understand that MO/BO are cost centers and not revenue generating so it is hard for the bank to pay more in terms of bonus to those functions.
Heard that for BO/MO, local banks generally give higher bonuses to compensate their lower base pay.
08-07-2021 01:45 PM
Unregistered Then ask for a higher base, get it?
07-07-2021 05:48 PM
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think it's understandable that MO/BOs don't get as much bonuses as the revenue generating arms. it's a fair risk-reward trade off basically. MO/BO jobs come with greater stability and predictability than FOs after all.

2-3 mth of bonus is not too bad. 0.5-1.5 mth is quite low. I hope it's just a temporary reduction due to COVID?
and what if it isnt a temporary reduction? what are u gonna do?
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