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Topic Review (Newest First)
05-10-2020 08:49 PM
Piprdrey In general, this field is not easy at all, so in order to have your own business, you have to work hard and make every effort.
I personally have plans to open my own business soon but I am still in the chapter of in-depth information because I think that information is the basis. The more details you know, the better you
will do in the field.
At the moment I came across some interesting articles about tips and tricks for a business and it is very useful and I even found out a lot of new things.
A little more time and I'm starting my own business. I hope I will succeed.
27-08-2015 03:33 PM
hrgt Just an update, went to 2 rounds of interview with one of the local bank. Focus mainly on commercial property loans alone.

Think most probably wont be getting the offer.
22-08-2015 06:40 PM
hrgt Anyone has experience in this job? Not in Maybank. But going for interview for one of the local banks. Would like to know more and hear more reviews.

Especially on the target (if do not hit target for 3 months consecutive, is it really sack)?

What else does a biz dev mgr do? Do they do credit analysis, review the clients accounts, or someone in the back end role will do it?

Biz Dev Mgr just find the product that is suitable for the client and just present to them?

Am thinking of whether to do RM (consumer sales) or Biz Dev Mgr (corp sales).

As I cant start a new thread, so I borrowed this thread!
25-07-2015 12:47 AM
Unregistered but paywise is lower than other bank. think they also hire on contract then only 2 years later convert to perm if they wan u to stay. but heard oso that maybank never retrench nor sack people so once u convert is iron rice bowl liaoz. u wan comfortable but not luxurious life can go there do the non-sales roles lor. will not be v rich but will be ok still la. ppl do sales 1 year maybe can afford buy car u do 5 years lor. in the end still ok la but see u want time with family+security or u want money+cannot perform=die
25-07-2015 12:43 AM
Unregistered maybank is good for worklife balance. I in uob and I got some friends go there say very senang. fri can go home 1 hr earlier. executive also got ot pay sia if must work. lol. but is ops la. sales I duno.
25-07-2015 12:38 AM
Nudgy
Quote:
Originally Posted by Zarevier View Post
guys.. no need to fight. a forum is for all to learn and share experiences. I agree though that if nothing nice to say just don't say it. Just a waste of everyone's time and creates hostility.

anyway, I was a business development manager in Maybank. I would say I seldom ever work weekends as most of the bosses want to meet during their working hours. Vast difference between consumer cause consumer sales you will meet your client usually after their work or lunch time and weekends.

I transferred there after a backend ops contract position in maybank. my basic pay remained the same when I transferred but on top of that there was commission.
thanks for the info! may I ask how much is the comm? seems not bad if u can get your old basic + comm. is the target reasonable and what happens if you cannot hit it? thanks alot man first useful reply.

Quote:
Originally Posted by Unregistered View Post
u damn cock lei. ppl ask question u kaobei first then wanna talk like u actually got something to share. got things to say just say!
ya bro, precisely. i dont know thats why I asked but first thing he come and shoot me already.

Quote:
Originally Posted by Unregistered View Post
I don't know much about this role but I am working in credit in Maybank. What I know is from the sales persons that I work with when they submit loan applications to me. I know that they do cold calls to prospect for clients so it is definitely not a breeze or walk in the park.

Work-life balance. I believe they seldom work weekends. Alot of time is also spent doing admin to submit to the credit side where I work for us to approve/reject the application. I believe most of their "OT" is to complete this as we sometimes get new cases coming in first thing on Monday morning. This is not often though so I guess they don't really work that much on weekends.

However, I do know of one lady who started working as a business development manager here and either did not do well / did not like the job. She transferred to the HR department after a year or so. This shows that not everyone is cut out / likes sales roles, though it may be more lucrative than backend / middle office positions.

I am too thinking of transferring to SME sales but I have yet to find out more details from HR.
thanks alot for this. useful as well. your current role is very similar to what I am doing now. ya i also wanna know more before i make the plunge. sadly need job stability as well as planning to start a family and sales may be abit risky. but hope this kind is relatively stable.
25-07-2015 12:31 AM
Unregistered
Quote:
Originally Posted by Nudgy View Post
Hi all, I was working for a bank as a credit officer processing SME loans. I am thinking of joining Maybank as a business development manager (basically corporate sales to SME). I heard from some people I know that the basic is quite decent ($3k) and commission is on top of that.

Mainly have a few questions about this position from those who work as BDM's or used to work as BDM's in Maybnk:

1. How much is the commission like? e.g. for BTLs. How many % of the BTL loan?

2. Are the working hours long and often work on weekends?

3. is the sales target achievable and what are the repercussions of not hitting the targets? (e.g. dont hit for 3 months = sack)
I don't know much about this role but I am working in credit in Maybank. What I know is from the sales persons that I work with when they submit loan applications to me. I know that they do cold calls to prospect for clients so it is definitely not a breeze or walk in the park.

Work-life balance. I believe they seldom work weekends. Alot of time is also spent doing admin to submit to the credit side where I work for us to approve/reject the application. I believe most of their "OT" is to complete this as we sometimes get new cases coming in first thing on Monday morning. This is not often though so I guess they don't really work that much on weekends.

However, I do know of one lady who started working as a business development manager here and either did not do well / did not like the job. She transferred to the HR department after a year or so. This shows that not everyone is cut out / likes sales roles, though it may be more lucrative than backend / middle office positions.

I am too thinking of transferring to SME sales but I have yet to find out more details from HR.
25-07-2015 12:19 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Sounds like a know it all. Good to show your true colours before I wasted my time to give you value. This is all you deserve.
u damn cock lei. ppl ask question u kaobei first then wanna talk like u actually got something to share. got things to say just say!
25-07-2015 12:16 AM
Zarevier guys.. no need to fight. a forum is for all to learn and share experiences. I agree though that if nothing nice to say just don't say it. Just a waste of everyone's time and creates hostility.

anyway, I was a business development manager in Maybank. I would say I seldom ever work weekends as most of the bosses want to meet during their working hours. Vast difference between consumer cause consumer sales you will meet your client usually after their work or lunch time and weekends.

I transferred there after a backend ops contract position in maybank. my basic pay remained the same when I transferred but on top of that there was commission.
25-07-2015 12:05 AM
Nudgy the questions I asked is so I can be a better judge of whether I can perform the duties required based on my commitments and personal attributes. I took offence cos u were so quick to judge and generalize me before I even had more information on whether I am suitable for the role.
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