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High Paying Jobs in Singapore

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.
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dreamer_swan
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Post by dreamer_swan » Tue, 30 Jun 2009 2:50 pm

Thanks for the encouragement. You are right, knowing the right person counts especially in Asia. So far my friends and acquitances are most helpful. I was hoping info like this would be democratized and on the web, looks like I was wrong. Unfortunate for me, all my client contacts are in Boston.

However posting this type of question has lead people giving me some *very juicy* info on hiring/firings rumors in Singapore now.

And pls NO multi-level marketing for me
Searching for a job...and the meaning of life itself: http://bit.ly/3wmLeV

Girl_Next_Door
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Post by Girl_Next_Door » Fri, 03 Jul 2009 10:47 am

If you are seriously looking for a banking job, I would suggest you shut down your twitter account which is filled with endless whining of you wanting a high paid job and criticisms about the banking industry/headhunters/recruiters. I honestly can't see any value-add that you possessed which would justified a high remuneration, and I can understand why you are not getting any interviews.

The banking industry is very small, and all high paying job involves some form of background checks or sort. Hence, its not difficult for any interested companies/banks to figure out who you are and your twitter account. The last thing any bank want, at this point of time is to hire someone who possessed a conceited attitude and bleat non-stop about everyone and every bank.

My two cents worth.

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Post by Zeenit » Fri, 03 Jul 2009 7:18 pm

Girl_Next_Door wrote:If you are seriously looking for a banking job, I would suggest you shut down your twitter account which is filled with endless whining of you wanting a high paid job and criticisms about the banking industry/headhunters/recruiters. I honestly can't see any value-add that you possessed which would justified a high remuneration, and I can understand why you are not getting any interviews.

The banking industry is very small, and all high paying job involves some form of background checks or sort. Hence, its not difficult for any interested companies/banks to figure out who you are and your twitter account. The last thing any bank want, at this point of time is to hire someone who possessed a conceited attitude and bleat non-stop about everyone and every bank.

My two cents worth.
I could not agree more. The banking and Singapore is a small world.
Zeenit

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Post by durain » Fri, 03 Jul 2009 9:11 pm

if you want a 200k job, can you make back the money for the company 10x more? otherwise why would they hire you?

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Post by sundaymorningstaple » Fri, 03 Jul 2009 10:24 pm

I can understand her frustrations but she has brought them on herself (either knowingly or unknowingly) by selling dodgy financial instruments so I would guess that all her contacts might be for naught with the minibond scandal hovering around like a dark cloud. Being a purveyor of dodgy investment products is not going to be the highlight of anybody's resume regardless of whether or not they were aware of it. :-|
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

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Post by dreamer_swan » Mon, 06 Jul 2009 5:12 pm

@Girl_Next_Door: I am already looking beyond the finance industry and unlike many others I have the family business to fall back on. There are many others out there in the same situation as I am in, many of them much more seasoned professionals and much nicer than me. Yet they are being mistreated by both recruiters and possible employers. Some of these are in their 40s already so you can imagine the damage on their self esteem. NO ONE has been speaking out for the rest of us. I will continue on my quest on trying to find a job, ranting stupid recruiters and employers, and yet to find good recruiter / employer that I can rave about even if they do not hire me or people I know.

Thank you for being able to judge my entire capability without interviewing me, you must be making a fortune. If you or your hubby is in the finance industry, watch out. I hear more rounds of the retrenchment are on their way, then maybe you will understand the rest of us.
Searching for a job...and the meaning of life itself: http://bit.ly/3wmLeV

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Post by dreamer_swan » Mon, 06 Jul 2009 5:49 pm

durain wrote:if you want a 200k job, can you make back the money for the company 10x more? otherwise why would they hire you?
Very good point. Companies willing to take the risk of hiring an expensive wealth manager now is very low. You see it takes ALOT of time for things to pan out between clients and banks, especially under these uncertain times.

That's why the earlier post on trading makes much more sense now, for those who still can make money under these conditions...
Searching for a job...and the meaning of life itself: http://bit.ly/3wmLeV

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Post by dreamer_swan » Mon, 06 Jul 2009 5:54 pm

sundaymorningstaple wrote:I can understand her frustrations but she has brought them on herself (either knowingly or unknowingly) by selling dodgy financial instruments so I would guess that all her contacts might be for naught with the minibond scandal hovering around like a dark cloud. Being a purveyor of dodgy investment products is not going to be the highlight of anybody's resume regardless of whether or not they were aware of it. :-|
hope your banker reads this post and realizes what you think of bankers in general, then no one can save you.

Many of those fired in Sing have never even sold toxic products, so forgive us bankers if we stare at you like a misfit wherever you go.

But then again we need people like you: http://bit.ly/Et8Ik

I hope your are able to pay your recruiters in your agency instead of throwing them on the street like other cr*p companies
Searching for a job...and the meaning of life itself: http://bit.ly/3wmLeV

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Post by sundaymorningstaple » Mon, 06 Jul 2009 6:30 pm

I don't hate bankers. I don't hate anybody. But, I do strongly dislike bankers that push dodgy products. I dislike wealth managers who don't know their products or if they do, sell them anyway on the unsuspecting public. If it's any consolation, I dislike those who don't get caught even more as they continue to dupe the unsuspecting little old ladies and gentlemen out of their life savings in theikr greedy quest for commissions without any regard for morals at all.

Oh, I don't have recruiters. Don't need them. I don't place people in the Banking/Financial sectors either, even on a bet. :wink:
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

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Post by Strong Eagle » Mon, 06 Jul 2009 8:13 pm

dreamer_swan wrote:
sundaymorningstaple wrote:I can understand her frustrations but she has brought them on herself (either knowingly or unknowingly) by selling dodgy financial instruments so I would guess that all her contacts might be for naught with the minibond scandal hovering around like a dark cloud. Being a purveyor of dodgy investment products is not going to be the highlight of anybody's resume regardless of whether or not they were aware of it. :-|
hope your banker reads this post and realizes what you think of bankers in general, then no one can save you.

Many of those fired in Sing have never even sold toxic products, so forgive us bankers if we stare at you like a misfit wherever you go.

But then again we need people like you: http://bit.ly/Et8Ik

I hope your are able to pay your recruiters in your agency instead of throwing them on the street like other cr*p companies
You are ranting on a lot. I'd just like to know one thing... your clients... or perhaps more correctly... your past clients... how are their portfolios looking compared to someone who say... just invested in index funds? Did they beat the market? Have they suffered lower levels of losses? Did you see this recession coming and get them out of stocks and into cash and gold? How are the hedge fund and derivative products that you got them into (high returns, yes?) doing right now? Good?

Yes? Kudos to you. I might sign up. No? Then 'wealth manager' is a misnomer. And study after study confirms that wealth managers and other investment 'specialists' usually perform worse than an index fund average. This is really not too hard to understand for a variety of reasons, including the fees that must be extracted from clients to pay for your 'high paying job' and the even higher paying job of your boss.

So, you'll forgive me if I say your truculent attitude is very self serving and self defeating. If you really improved your clients' portfolios, including in this recession, then you'll have no problem getting a job... that's a hell of a track record... and investment and private banking would kill to have you.

And if you don't have that track record? Then it is economic and capitalistic justice that the whole lot of ego inflated miscreants of the investment banking world that are largely responsible for this current recession should be tossed out on the street where they can no longer do damage to either an individual's economic well being, or the economy at large.

'Wealth Management' is in itself a rip off. How is it that YOU... a gifted 30 or 40 years of age... can consistently beat the market for a variety of clients when ETF's, index funds, and the best managed funds set the bar over time? No, investment bankers know, just like everyone else, that ETF's or index funds will provide the same return in the long haul (or better)... it's just that there is no money to be made.... a built in conflict of interest. And I challenge you, for any amount of money you might wish to bet, what skills you possess that can enable you to be a 'real wealth manager' and not a basic lackey that reads the same rags as everyone else, makes trade recommendations, and rakes in the fees.

If that sounds harsh, that's how it is intended to sound. I've heard a trash bin full of explanations how bankers create value and wealth... and when it is all said and done, it is bullshit. Bankers extract fees for financial services... that is the bottom line.

I'd bet money your entire raison d'être for what you do is to get rich, not build a better mousetrap, serve, or work for a higher calling. OK... maybe not the entire reason... part of it is also having a cool office for meeting rich clients and the self importance of 'being someone'.

So spare me your self righteous indignation over the posts that have been made about you and your attitudes. Welcome to the real world. You produce, you get paid. You don't produce, you sweep floors.

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Post by ksl » Tue, 07 Jul 2009 12:26 am

dreamer_swan wrote:
sundaymorningstaple wrote:I can understand her frustrations but she has brought them on herself (either knowingly or unknowingly) by selling dodgy financial instruments so I would guess that all her contacts might be for naught with the minibond scandal hovering around like a dark cloud. Being a purveyor of dodgy investment products is not going to be the highlight of anybody's resume regardless of whether or not they were aware of it. :-|
hope your banker reads this post and realizes what you think of bankers in general, then no one can save you.

Many of those fired in Sing have never even sold toxic products, so forgive us bankers if we stare at you like a misfit wherever you go.

But then again we need people like you: http://bit.ly/Et8Ik

I hope your are able to pay your recruiters in your agency instead of throwing them on the street like other cr*p companies
For once in 4 years, I can keep it short and sweet, you talk shit, and are not kidding anyone! In fact i would call you a pure amateur con artist, still wet behind the ears! It's been many years since I have used that expression! But a wanker in his 20's deserves all the credit!

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Post by Girl_Next_Door » Tue, 07 Jul 2009 2:16 pm

dreamer_swan wrote:@Girl_Next_Door: I am already looking beyond the finance industry and unlike many others I have the family business to fall back on. There are many others out there in the same situation as I am in, many of them much more seasoned professionals and much nicer than me. Yet they are being mistreated by both recruiters and possible employers. Some of these are in their 40s already so you can imagine the damage on their self esteem. NO ONE has been speaking out for the rest of us. I will continue on my quest on trying to find a job, ranting stupid recruiters and employers, and yet to find good recruiter / employer that I can rave about even if they do not hire me or people I know.

Thank you for being able to judge my entire capability without interviewing me, you must be making a fortune. If you or your hubby is in the finance industry, watch out. I hear more rounds of the retrenchment are on their way, then maybe you will understand the rest of us.
Wow, I can't believe that you are so "noble" in spite of your rants and raves. Maybe we should give you an award for being so righteous?

I am sure you will bring triumph to the "family business" with your selfless behaviour. :roll:

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Post by dreamer_swan » Tue, 07 Jul 2009 5:09 pm

Strong Eagle wrote:
dreamer_swan wrote:
sundaymorningstaple wrote:I can understand her frustrations but she has brought them on herself (either knowingly or unknowingly) by selling dodgy financial instruments so I would guess that all her contacts might be for naught with the minibond scandal hovering around like a dark cloud. Being a purveyor of dodgy investment products is not going to be the highlight of anybody's resume regardless of whether or not they were aware of it. :-|
hope your banker reads this post and realizes what you think of bankers in general, then no one can save you.

Many of those fired in Sing have never even sold toxic products, so forgive us bankers if we stare at you like a misfit wherever you go.

But then again we need people like you: http://bit.ly/Et8Ik

I hope your are able to pay your recruiters in your agency instead of throwing them on the street like other cr*p companies
You are ranting on a lot. I'd just like to know one thing... your clients... or perhaps more correctly... your past clients... how are their portfolios looking compared to someone who say... just invested in index funds? Did they beat the market? Have they suffered lower levels of losses? Did you see this recession coming and get them out of stocks and into cash and gold? How are the hedge fund and derivative products that you got them into (high returns, yes?) doing right now? Good?

Yes? Kudos to you. I might sign up. No? Then 'wealth manager' is a misnomer. And study after study confirms that wealth managers and other investment 'specialists' usually perform worse than an index fund average. This is really not too hard to understand for a variety of reasons, including the fees that must be extracted from clients to pay for your 'high paying job' and the even higher paying job of your boss.

So, you'll forgive me if I say your truculent attitude is very self serving and self defeating. If you really improved your clients' portfolios, including in this recession, then you'll have no problem getting a job... that's a hell of a track record... and investment and private banking would kill to have you.

And if you don't have that track record? Then it is economic and capitalistic justice that the whole lot of ego inflated miscreants of the investment banking world that are largely responsible for this current recession should be tossed out on the street where they can no longer do damage to either an individual's economic well being, or the economy at large.

'Wealth Management' is in itself a rip off. How is it that YOU... a gifted 30 or 40 years of age... can consistently beat the market for a variety of clients when ETF's, index funds, and the best managed funds set the bar over time? No, investment bankers know, just like everyone else, that ETF's or index funds will provide the same return in the long haul (or better)... it's just that there is no money to be made.... a built in conflict of interest. And I challenge you, for any amount of money you might wish to bet, what skills you possess that can enable you to be a 'real wealth manager' and not a basic lackey that reads the same rags as everyone else, makes trade recommendations, and rakes in the fees.

If that sounds harsh, that's how it is intended to sound. I've heard a trash bin full of explanations how bankers create value and wealth... and when it is all said and done, it is bullshit. Bankers extract fees for financial services... that is the bottom line.

I'd bet money your entire raison d'être for what you do is to get rich, not build a better mousetrap, serve, or work for a higher calling. OK... maybe not the entire reason... part of it is also having a cool office for meeting rich clients and the self importance of 'being someone'.

So spare me your self righteous indignation over the posts that have been made about you and your attitudes. Welcome to the real world. You produce, you get paid. You don't produce, you sweep floors.
Then you know we CANNOT talk about clients. All I can say is that they are still happily in touch even if I am 10,000 miles away from them now.

Congratulations! You have just flamed the entire private banking industry that employs thousands of people in Singapore and has brought in billions of money to our small island. I was just a lowly relationship manager, do direct your challenge to an Invesment Advisor or CIO and I'm sure they will hire and give you the fattest of salaries when you win. Better yet, maybe you should become an Investment Banker and teach them a thing or two of how to earn money.

Are you working for State Street? ETFs VS active management is like the never ending argument of New World VS Old World wine... Although your ETF preference does indicate your risk tolerance levels and investment mindset. Each to his own and not all are like you or my self for that matter.

And if you knew what you are talking about in the first place, you would be aware that MANY of the people (bankers included) who are out on the street right now, lost their jobs not because of their own fault. THINK about that...
Searching for a job...and the meaning of life itself: http://bit.ly/3wmLeV

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Post by dreamer_swan » Tue, 07 Jul 2009 5:17 pm

Girl_Next_Door wrote:
dreamer_swan wrote:@Girl_Next_Door: I am already looking beyond the finance industry and unlike many others I have the family business to fall back on. There are many others out there in the same situation as I am in, many of them much more seasoned professionals and much nicer than me. Yet they are being mistreated by both recruiters and possible employers. Some of these are in their 40s already so you can imagine the damage on their self esteem. NO ONE has been speaking out for the rest of us. I will continue on my quest on trying to find a job, ranting stupid recruiters and employers, and yet to find good recruiter / employer that I can rave about even if they do not hire me or people I know.

Thank you for being able to judge my entire capability without interviewing me, you must be making a fortune. If you or your hubby is in the finance industry, watch out. I hear more rounds of the retrenchment are on their way, then maybe you will understand the rest of us.
Wow, I can't believe that you are so "noble" in spite of your rants and raves. Maybe we should give you an award for being so righteous?

I am sure you will bring triumph to the "family business" with your selfless behaviour. :roll:
Noble? Who's claiming to be noble? Definitely not me. Maybe some people out there are..Wink! Wink!

Thank you! You gotta give all the credit to my previous employer and boss!
I hope you treat your people well!

Sad thing is the business does not even need me since there are people more competent than me running it and doing their best to keep the job!

So maybe I will bring triumph to other people instead
Searching for a job...and the meaning of life itself: http://bit.ly/3wmLeV

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Post by patsy_sg » Tue, 07 Jul 2009 5:23 pm

your friend got hired because he had the credentials for the job, the comapny was looking for someone with those credentials so was willing to pay him the 250k... are you similarly qualified? if you were up against 5 other candidates for a 200k job, how confident are you that you would get the job over them and how sure are you that you will be able to deliver what a 200k job requires? if you don't have the confidence then I would think you should scale down your expectations to match your experience and track record.

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