Pros
- Higher base pay than local banks - Corporate Banking RMs receive more support than local banks, thanks to specialised credit analysts - People are nice
Cons
- Lower base than other international banks (e.g. Citi, Standard Chartered) - Bonus is very low. If you are a junior Corporate Banker, expect bonus which is between 1 - 2 months. - Terrible morale and outlook, they are demoting many Singaporean Team Heads, parachuting foreigners into top positions, and firing dedicated leaders as part of their "restructuring" - 0 structured training in my role, which is very suboptimal as Corporate Banking RMs are responsible for handling and selling all kinds of corporate banking products to clients - if you don't know the products, how to sell? - Work life balance is very bad. Learn how to protect yourself. - Jobs are being offshored rapidly to China and India. I expect more offshoring of the Credit Analyst role to India.