Banking Managing Director Leverage Finance Salary in Singapore

How much does a Banking Managing Director Leverage Finance earn in Singapore?

The salary level for a Banking Managing Director Leverage Finance in Singapore ranges from SD$270K to SD$450K.

Hays notes that some of Singapore’s major banks have increased their hiring activities. “The migration and expansion of business areas, and the announcement of healthier profits compared to the previous 12 months created a positive outlook for this sector in 2010 which has led to increased demand.

Hot spots exist within ISDA Documentation, Fixed Income Settlements, Corporate Actions and Project Management.
Business Analysts with solid proven experience managing stakeholders and running major business critical projects, Product Control, Valuations control and price testing candidates with significant experience with exotic and structured products are also sought after.

Salaries remained static in 2009, with increases circa 10 to 20 per cent. The only tangible fluctuations came from those banks in a position to pay sign on bonuses and pay out bonuses in the last quarter of 2009.

Candidates looking for a new role in 2010 need to keep their salary expectations realistic. They should sell their strengths - it’s is not the ideal time to look for a significant move away from core skill sets.”

From all of us at Singapore Business Review Magazine, good luck getting Banking Managing Director Leverage Finance job or in getting a raise to the right Banking Managing Director Leverage Finance salary.

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So what other salary survey 2011 results are available?

Human Resources firm Michael Page has also produced a Singapore salary survey for 2011 and for the finance sector they note that: "Recruitment activity in the finance sector is increasing as market conditions continue to improve. Both local and multinational companies are investing heavily in growth, with more than half of the companies surveyed expecting an increase in staff numbers over the next 12 months. There is consistent demand for Financial Analysts with strong business partnering experience. Other niche skills in areas such as treasury and tax continue to be highly sought after as companies aim to better manage cash and foreign currency risk, as well as comply with local tax regulations from other regions within Asia."

"We are also seeing increasing demand for compliance professionals as businesses place more of an emphasis on corporate governance and risk management.

As the popularity of Singapore as a financial hub grows, companies are expanding their operations and establishing new offices and regional headquarters. This activity is expected to further increase the demand for finance professionals in 2011. Strong communication skills and excellent commercial awareness will be particularly sought after to help companies support this growth."

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