Singapore Expats Forum

Market Risk Analyst in demand?

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.

User avatar
cruyff_fan
Newbie
Newbie
Posts: 10
Joined: Wed, 30 Mar 2011
Location: Singapore

Market Risk Analyst in demand?

Postby cruyff_fan » Wed, 30 Mar 2011 1:09 am

Hi,

i'm new to this forum. Just a little about myself, I am a 29yr old chinese male Canadian with 3yrs market risk experience at a major US bank. I am also a CFA Level II Candidate. I've lived in toronto practically my entire life and will be moving to Singapore in a few months to start a new life with my wife. I have some concerns about finding a job in singapore even despite learning From forums and other various websites that risk and compliance jobs are in high demand in SG.

So i've got a few questions and was wondering if anyone could shed some light here?

1) are the financial institutions in SG hiring foreigners like me?

2) And if so, are they offering salaries consistent with what i'm seeing on the hudson salary statistics (75-100k sgd for an associate in market risk)? or are these figures for the PR, locals?

thx

User avatar
Mad Scientist
Director
Director
Posts: 3459
Joined: Thu, 03 Dec 2009
Location: TIMBUKTU

Postby Mad Scientist » Wed, 30 Mar 2011 4:41 am

Are you coming under Dependent Pass of your wife Employment pass or are you married to a local and will be getting Long Term Visit Pass stay in SG

Not enough info
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

beirnes
Newbie
Newbie
Posts: 14
Joined: Wed, 16 Feb 2011
Location: Dublin

Finance/Investement Jobs

Postby beirnes » Wed, 30 Mar 2011 10:16 pm

I will be moving to Singapore very soon to take up a trading role in a large Intl Bank. I am a CFA chartholder & it seems to me that there is a demand for suitable qualified investment professionals in Singapore. I'd advise u to check Efinancialcareers & sort under Singapore of else contact one of the recommended recruiters or headhunters. I used ALS recruitment personally & found them very helpful. Your salary expectations don't seem too aggessive either.

User avatar
cruyff_fan
Newbie
Newbie
Posts: 10
Joined: Wed, 30 Mar 2011
Location: Singapore

Postby cruyff_fan » Wed, 30 Mar 2011 11:50 pm

Hi Mad Scientist, my wife and I are Canadian citizens (also chinese descent) and we plan to apply for EPEC. If we do find one a job, I am assuming we apply for the P2 employment pass (since the criteria fits our salary expectations, job profession, the university we graduated from). She is also a finance professional. She has her CFA and is looking for work in the fund management area.

beirnes, thanks for your tips. May I ask you how you found your job?

User avatar
Mad Scientist
Director
Director
Posts: 3459
Joined: Thu, 03 Dec 2009
Location: TIMBUKTU

Postby Mad Scientist » Thu, 31 Mar 2011 12:51 am

cruyff_fan wrote:Hi Mad Scientist, my wife and I are Canadian citizens (also chinese descent) and we plan to apply for EPEC. If we do find one a job, I am assuming we apply for the P2 employment pass (since the criteria fits our salary expectations, job profession, the university we graduated from). She is also a finance professional. She has her CFA and is looking for work in the fund management area.


Apply for EPEC first then come over here to hunt for job. If your skillset is in demand, you will have no issue to find a job. Having said that, there are quite a number of locals with your set of skillset. Given that the locals are preferred to foreigners , you will be hard press to land a job now with the GE looming. But hey , please do not let us stop you from looking for one, you never know you will land a job here. Just do not be over confident as things are not that rosy for foreign talent.
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

accumulator
Newbie
Newbie
Posts: 10
Joined: Tue, 15 Feb 2011

Postby accumulator » Thu, 31 Mar 2011 10:00 pm

Hi guy,

Just my 2 cents. CFA or FRM is very common here.

User avatar
cruyff_fan
Newbie
Newbie
Posts: 10
Joined: Wed, 30 Mar 2011
Location: Singapore

Postby cruyff_fan » Fri, 01 Apr 2011 3:37 am

thank you all for your replies. Just handed in my resignation letter and will be unemployed in 2 wks. Wish i could go the easy route and find a job in SG within my employer but they only have fund accounting and IT positions here. Anyways, listing my condo up for sale and once that is sold, and my EPEC is approved then i'm off to Singapore! theres definitely alot of risk but you know what they say, "with great risks, comes great return". Will keep you folks posted how this turns out.

Cruyff fan

JayCee
Reporter
Reporter
Posts: 981
Joined: Mon, 04 Aug 2008
Location: Not Singapore

Postby JayCee » Fri, 01 Apr 2011 9:42 am

cruyff_fan wrote:"with great risks, comes great return".


Erm yeah, I think the financial crisis put a few nails in the coffin of that theory :o

Anyway, I wish you luck in your job search, I'd recommend checking out sites such as jobserve and efinancial careers to see if you can possibly get a job before you arrive (it is possible, many people have done it including myself). I personally know of a couple of banks which are ramping up their hiring in Market Risk IT considerably and I can't imagine they'd be doing that if their business wasn't growing


  • Similar Topics
    Replies
    Views
    Last post

Return to “Careers & Jobs in Singapore”

Who is online

Users browsing this forum: No registered users and 0 guests