You are visiting this website from:
EMPLOYERS | 2 MINS READ

2018 Banking and Finance Contract Salary Guide

Banking and Financial Services Salary Guide

31-01-2018
Submitted by Anonymous (not verified) on Wed, 01/31/2018 - 08:51
Read time: 2 mins mins read
Read Time
2
Translation Language
English
Contracting Jobs
Off
Executive Service Article
Off
Press Releases
Off

Salaries for banking and finance (contract) professionals in Singapore

Contents:

Contract - Banking and Operations
Commentary on Banking and Finance Contract Roles and Contract Rates in Singapore for 2018

Contract - Banking and Operations

Role Analyst/ Non-Officer Associate/ AVP/ Manager VP/ Senior Manager SVP/ Director Director/ Senior Director
Settlements $50k - $65k $65k - $120k $120k - $150k $150k - $220k $220k+
Documentation $50k - $65k $65k - $120k $120k - $150k $150k - $220k $220k+
Trade Support $54k - $66k $66k - $120k $120k - $180k $180k - $220k $220k+
Client on-boarding/ kYC $42k - $60k $60k - $90k $90k - $150k $150k - $250k $250k+
Collateral Management $42k - $60k $60k - $90k $90k - $150k $150k - $250k $250k+
Loans Administration $42k - $60k $60k - $90k $90k - $150k $150k - $250k $250k+
Corporate Action $45k - $60k $60k - $90k $90k - $130k $130k - $200k $200k+

Commentary on Banking and Finance Contract Roles in Singapore for 2018

The contract market for 2018 is set to be busier than ever across all sectors within Banking and Financial Services. With the focus being on cutting costs, many organisations are looking at various solutions to manage headcount whilst still operating at the highest possible efficiency. Candidates too are now more open to contract opportunities as there is no concrete difference in the type of work done by a permanent member of staff vs a contract employee; and the lack of bonuses and job security which kept candidates in jobs for lengthy periods are no longer guaranteed.

The hottest areas in the non-IT contracting market will be within Corporate Governance world with the highest demand coming from Compliance, Risk and Operations. These areas are now increasingly business critical with the upturn in regulatory requirements as well as the demand for technical know-how.

Salaries for the contracting world are moving upwards as the demand increases within a tight market. Over the years, we have seen a slight premium in contractor salaries and 2018 will prove to be much of the same.

2021 Salary Guide Calculator

Compare salaries across different locations, industries and areas of expertise.

Find Salaries Find Salaries

Helping Your Business Adapt

Resources to help your business quickly react during challenging times.

Boost Agility
Get In Touch
Fill in your details in the form below and we will be in touch to discuss your hiring needs!
Submit your Healthcare Staffing Request
- Request a Free Consultation Today -
This is a required field
Enter First name
Enter Last name
Enter Your Email
Enter Phone number
Enter valid phone number