13.07.2015 Views

SALARY SURVEY 2013 - Robert Walters Singapore

SALARY SURVEY 2013 - Robert Walters Singapore

SALARY SURVEY 2013 - Robert Walters Singapore

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

SAOPAULOBANKING&FINANCIALSERVICESBANKING&FINANCIALSERVICESThe<strong>Robert</strong><strong>Walters</strong>bankingandfinancialservicesdivisioninBrazilspecialisesinrecruitingexperiencedbankingprofessionalsforfront,middleandbackofficepositions.Theseincluderolesinfinance,creditrisk,marketrisk,compliance,operationalrisk,auditandoperations,salesandanalysis.MarketOverview2012provedachallengingyearfortheBrazilianbankingandfinancialservicesmarket.Worseningglobaleconomicconditions,areductionincapitalmarketandM&Atransactionsledtohiringreductionsintheassetmanagementandprivatebankingindustries.However,decreasinginterestratesprovidedemployerswithgreaterbusinessexpansionpotential,whichledtosomedemandforprofessionalswiththeabilitytoexploittheseopportunities.Atthesametime,bankswerehavingtobalancethiswithincreasedincidentsofindividualsandcompaniesdefaultingonloanpayments.Asaresult,regulatorswereplacingincreasedpressureonfirms,whichinturnhavebeenforcedtoputmorerobustcontrolsinplace-frombothanoperationalandtechnicalperspective.Middleofficeprofessionalswereindemand,particularlycomplianceandriskmanagers.ProfessionalswithCPA20certificate,knowledgeofbankingrules,accountingandfluencyinEnglishwerealsosought-after.Withsalarylevelsremainingrelativelystableandonlyfewcandidatesreceivingsignificantincreaseswhenmovingjobs,mostprofessionalsbecamelesskeentochangeroles.Themajoritywereinsteadmoreconcernedbylong-termcareerdevelopmentandawelcomingcompanyculture.Outlookfor<strong>2013</strong>Aseconomicconditionsremainuncertain,mostfirmsarelikelytocontinuetobeconservativeintheirrecruitmentapproaches.Wedonotexpectsalariestorisesignificantlybutdemandforrisk,accountancyandprojectmanagementspecialistswhopossesslanguageskillswithmiddleand/orbackofficebackgroundswillcontinuein<strong>2013</strong>.BANKING&FINANCIALSERVICESROLEPERMANENT<strong>SALARY</strong>PERANNUMR$4-8YRS'EXP 9-12YRS'EXP 12+YRS'EXP2012 <strong>2013</strong> 2012 <strong>2013</strong> 2012 <strong>2013</strong>COO R$299-450k R$335-466k R$420-580k R$453-600kRelationshipManagerCorporate R$93-133k R$105-160k R$130-213k R$145-223k R$160-266k R$185-270kPrivateBanker R$80-120k R$94-160k R$106-200k R$125-200k R$185-265k R$175-285kInvestmentManager R$80-135k R$80-150k R$106-213k R$125-200k R$185-265k R$185-266kCreditRiskManager R$70-120k R$85-160k R$95-160k R$145-200k R$134-266k R$160-293kMarketRiskManager R$66-120k R$80-135k R$106-160k R$120-185k R$135-240k R$160-240kM&A R$80-135k R$94-185k R$106-225k R$130-255k R$186-320k R$215-335kAlternativeInvestments R$55-120k R$65-160k R$105-213k R$125-200k R$133-290k R$145-250kEquityResearcher R$80-120k R$80-160k R$135-213k R$145-226k R$185-265k R$210-307kTrader R$80-120k R$80-134k R$105-213k R$120-200k R$185-265k R$185-295kStructuredFinanceSpecialist R$80-134k R$80-134k R$106-225k R$120-185k R$165-295k R$175-320kProductSpecialist R$66-106k R$66-135k R$93-199k R$106-214k R$186-240k R$200-265kMiddleOffice R$45-93k R$55-106k R$80-146k R$93-160k R$133-225k R$145-225kBackOffice R$45-93k R$55-105k R$70-135k R$80-135k R$106-226k R$120-200kCompliance R$66-106k R$80-135k R$93-160k R$106-200k R$133-240k R$160-266kNB:Figuresarebasicsalariesexclusiveofbenefits/bonusesunlessotherwisespecified.<strong>Robert</strong><strong>Walters</strong>GlobalSalarySurvey<strong>2013</strong> 146

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!