Salary Guide  
 
 
     
 

Salary Guide for the Financial Service Sector

The following Salary Guide is a compilation of salary and market information gathered via our interaction with our clients and candidates in the Financial Service Sector. The stated salary relates to the annual base salaries (including AWS and any fixed allowances), and exclude superannuation/bonuses/incentive schemes/stock options.

Dsclaimer - The salary information serves as an approximate guide only, and was compiled to the best of our knowledge and updated as of Jan 2023

   
 
 

Salary Guide For the Finance Service (middle office + back office) Sector

Job Title

Years of work
experience

Annual base (SGD’000)
MIN

Annual base (SGD’000)
MAX

FINANCIAL, MANAGEMENT REPORTING AND TAX

 

 

 

Associate

3 to 5

45

90

Manager

6 to 11

90

150

Senior Manager

12+

150

200

Controller/ Director

15+

200

320+

PRODUCT CONTROL

 

 

 

Associate

3 to 5

45

90

Manager

6 to 11

90

150

Senior Manager

12+

150

200

Head of PC

15+

200

320+

COMPLIANCE

 

 

 

Associate

3 to 5

50

90

Manager

6 to 11

90

150

Senior Manager

12+

150

250

Head of Compliance

15+

200

350+

INTERNAL AUDIT
(financial audit, operational audit, IT audit)

 

 

 

Associate

3 to 5

50

90

Manager

6 to 11

90

140

Senior Manager

12+

150

200

Controller

10+

120

200

RISK MANAGEMENT
(mkt risk, ops risk and credit risk)

 

 

 

Associate

3 to 5

50

90

Manager

6 to 11

90

150

Senior Manager

12+

150

200

Head of Risk Management

15+

200

350

OPERATIONS

 

 

 

Associate

3 to 5

45

75

Manager

6 to 11

75

140

Senior Manager

12+

140

180

Head of Ops

10+

180

320

Salary guide for the financial service (front office) sector

Salary guide for the financial service (front office) sector

Job Title

Years of work
experience

Annual base (SGD’000)
MIN

Annual base (SGD’000)
MAX

CORPORATE FINANCE

 

 

 

Associate

3 to 5

70

135

Manager

6 to 12

135

200

Senior Manager

12+

180

220

Head/MD

15+

250+

 

DEBT CAPITAL MARKET
/ EQUITY CAPITAL MARKET

 

 

 

Associate

3 to 5

50

105

Manager

6 to 11

110

170

Senior Manager

12+

160

200

Head / MD

15+

250+

 

 
     
     
 
     
       
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