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Looking for Job in financial Services Sector-Need Advise

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Swetha.Devabhaktuni
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Looking for Job in financial Services Sector-Need Advise

Postby Swetha.Devabhaktuni » Fri, 11 Feb 2011 5:39 am

Hi,
I am new to this forum. Planning to move base to Singapore and looking for a job.I have an MBA from India in 2005 along with Management Diploma from UC Berkeley California, graduated in 2010. I have a gap of 4 years in my career as I had to leave work to move to US to start a family.I have around 3 years of experience in financial services from India back till 2006 Can somebody advice how can approach to get back to work despite the career break.I am moving there on a visit work,hopefully expecting to get an EP done.
It would be great if I can get some advice on my approach to land in a job in Singapore after such long sabbatical.

Thank you,

Swetha

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Postby sundaymorningstaple » Fri, 11 Feb 2011 9:08 am

Have a good read of the various threads in this forum to see what your odds are. If I say you are going to need some luck. Someone will say otherwise, so the best I can tell you is that all will be based on your Indian degree which may or may not be suitable to the MOM. Check for the suitability of getting an EPEC:

http://www.mom.gov.sg/foreign-manpower/ ... fault.aspx

If either of your degree/diplomas are listed here, you would be wise applying for an EPEC "before" coming here. Then get yourself an LTVP (if possible - based on having a valid EPEC) that can give you UP TO one year (although is could be a little as 3 months). The foreign banks here are hiring at the moment but whether they would hire someone who's been out of the loop for 3 years is another story. Good luck.

sms

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Postby BillyB » Fri, 11 Feb 2011 9:50 am

I wouldn't even waste your time or thoughts about getting into the financial space in SG after such a long break - especially if you aren't in SG, you are taking a massive risk. I would look at gaining experience in India or the U.S (I'm presuming that is where you are at present) for a year or so and then applying.

The banks are hiring and activity will be on the increase from March after all the rounds of bonuses have been completed, but MOM will be tightening up on EP's - so we hear - with the elections coming up later this year. The banks themselves are also becoming very picky with regard to new hires.

Sorry to be quite frank but you need to manage your expectations and be realistic.

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Postby Swetha.Devabhaktuni » Fri, 11 Feb 2011 10:25 am

thank you
Last edited by Swetha.Devabhaktuni on Sat, 12 Feb 2011 12:32 am, edited 1 time in total.

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Postby revhappy » Fri, 11 Feb 2011 11:28 am

Swetha.Devabhaktuni wrote:Hi everyone,

Thanks for the advice. I have to mention that to get back to career I took up diploma course at Berkeley and graduated in December 2010. With bad economic issues in US(due to which I could not work for last 3 years) and due to non-US experience, I could not find a job and my family has decided to move to Singapore.My family has decided that we will move from US for good as well as I am keen in starting my career over there.
I don't want to lose the opportunity of my Berkeley education and my internship which is recent.
I know its difficult and I need more luck than anything else.That's the reason why I am asking for suggestions.


Thanks


As your family has already made the decision to move, you just need a lot of luck and there isnt much you can do. The best place to get a job after doing a degree is in the country in which you finish your degree.

As SMS suggested, your best bet is apply for EPEC and then hope that you can get a job here. Not impossible, but you will need a lot of perseverance. All the best!

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Postby BillyB » Fri, 11 Feb 2011 12:16 pm

Has your wife got a job in SG? If so, then its a foot in the door and should give you dependent privileges? If not, and as a family you have decided to pick SG as a nice Country to live and work and are coming over here on a prayer....then that is a very risky strategy.

Good luck all the same!

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Postby Swetha.Devabhaktuni » Fri, 11 Feb 2011 12:26 pm

Hi,
Thanks everybody for your responses. Just to clarify,
Well my husband has a job and he is in no hurry to move.He will move only after after making the proper arrangements. He is willing to move for my sake,as after trying for so long I am unable to get a job here ,So I am not talking a blind step.I have applied for EPEC and I am having a problem with the document resolution, hence its still in process.

I am moving now to Singapore as I felt this is the right time over there due to bonuses ending and jobs being out in the market after the Chinese New year. Also, currently, Singapore is one of the few countries where job employment is good unlike the US.

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Postby revhappy » Fri, 11 Feb 2011 1:51 pm

Swetha.Devabhaktuni wrote:Hi,
Thanks everybody for your responses. Just to clarify,
Well my husband has a job and he is in no hurry to move.He will move only after after making the proper arrangements. He is willing to move for my sake,as after trying for so long I am unable to get a job here ,So I am not talking a blind step.I have applied for EPEC and I am having a problem with the document resolution, hence its still in process.

I am moving now to Singapore as I felt this is the right time over there due to bonuses ending and jobs being out in the market after the Chinese New year. Also, currently, Singapore is one of the few countries where job employment is good unlike the US.


From your previous response it looked as if your family has made the decision to move without your say in it and hence that was my response.

Anyways, Singapore is more friendly towards dependants working compared to the US. Apart from Singapore you forgot one more country where job employment is good unlike the US, your very own INDIA, hehehe.

But as far as opportunities are concerned I dont think you will have many more opportunities here than the US. Look at the size of the countries. There is no comparison.If you were allowed to work in US but couldn't find a job. I would say dont even try here. The pressure and the hassle isnt worth it.

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Postby sundaymorningstaple » Fri, 11 Feb 2011 2:12 pm

You will face the same backlash against being a foreigner and trying to take somebody's job here as you were experiencing in the US. Except here, the government is listening to the ground due to upcoming elections, which makes it hard for foreigners in general.

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Postby prkravi » Fri, 11 Feb 2011 2:15 pm

and to add, if you are even remotely thinking about that Mysterious thing called Work Life Balance, FORGET IT.


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