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Graduate/Entry level Banking & Finance jobs

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Graduate/Entry level Banking & Finance jobs

Postby xarius » Sun, 05 Mar 2017 9:50 pm

Hi all,

My girlfriend (she's Thai) is graduating soon with a Masters in Finance from a reputable UK university, and is planning to find a graduate/entry level job in Singapore, preferably in business management or finance.

She's been applying to the major local and international banks for internships and graduate programmes but has not gotten any response. Currently, the plan is to apply for the work holiday pass and maybe do an internship in a bank before hopefully converting it to a full-time position.

I've searched this forum for similar cases from years ago which I've read saying it may be practically impossible to find an entry level job, but I'm hoping since then someone else might have some advice for finding such jobs or internships. For example, are there any companies that have been willing to take in foreign fresh grads, or recruitment agencies who are partial to finding jobs for foreign graduates? Or might it be better to email straight to HR to inquire about available positions? I'd love to hear about the job seeking experience and advice of anyone who was in a similar position if any.

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Re: Graduate/Entry level Banking & Finance jobs

Postby Strong Eagle » Sun, 05 Mar 2017 10:05 pm

It will be impossible for her to get an entry level banking job, and the reason is simple. Those jobs are reserved for Singaporean citizens who have graduated from university. To give such a job to a foreigner would be one less job available to a citizen, and Singapore isn't going to let that happen.

Edited to add: If she really wants to get to Singapore in the banking business, then she should hook up locally with a multi-national bank, get on the executive fast track, and request a posting in Singapore. Big MNC banks that hire lots of locals usually get whatever EP's they want, approved.

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Re: Graduate/Entry level Banking & Finance jobs

Postby Girl_Next_Door » Mon, 06 Mar 2017 1:37 pm

If her results are good, another possibility is to apply for Management Associate Programs. The bank I work in, has quite a reasonable number of MAs from Asean countries. Just submit to all the banks with MA programs and see what happen.

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Re: Graduate/Entry level Banking & Finance jobs

Postby okonu » Mon, 06 Mar 2017 1:46 pm

Yep - no chance. All such jobs come with caveat that need right to live in the country.

Best bet - apply for graduate trainee job with MNC bank with big Asia presence (Standard Chartered/ HSBC/ Citibank are the obvious ones) and if accepted, after the training programme lobby for jobs in Singapore branch.

Or apply for graduate jobs with Thai banks, and again, when have enough experience, apply to work in their SG offices.

Or either of the above, and once you have enough experience start applying for jobs in Singapore. (probably 5-7 years experience)

Another option, if you are citizen, is get married and then, after she gets PR, is eligible for such jobs in SG

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Re: Graduate/Entry level Banking & Finance jobs

Postby PNGMK » Mon, 06 Mar 2017 1:56 pm

Why limit it to banks? a lot of MNC's use finance people and have internships for those with good finance degrees.
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