HK
Tag: Relationship Manager
Daily Dispatches: Dr Doom warns of more financial firms collapsing, MF Global style
Economist Nouriel Roubini, aka Dr Doom, says Goldman Sachs, Morgan Stanley, Barclays and Jefferies could meet the same scary end as MF Global thanks to the prevalence of short-term financing. (Forbes) November marks the start of even more job cuts in Singapore’s foreign banks. (Channel NewsAsia) Upcoming Wall Street bonuses will be slashed by as [...]
Tricky interview question: Would you sell a risky investment product to a retiree to meet your teams’ sales target and win an incentive trip overseas?
The question The question below was asked by a hiring manager during an interview for a retail banking relationship manager role in Singapore. This month our team is slightly short of hitting our sales target, and today is also the cut-off date to win an overseas incentive trip. You are going for an appointment with [...]
He signed a job offer, felt guilty about leaving, then decided to stay on: Insane or sensible?
A relationship manager I know was looking to leave his firm after several years and got his wish when a large international bank offered him a promising job. He accepted the offer and signed a contract. What he didn’t bargain for was that several members of his team resigned around the same time. The RM [...]
The Returnee: I’m an angry candidate – the GFC is over but applications are still dragging on for months and months
How long does it take to complete a recruitment process in China? It used to be just one or two months, but these days it’s a lot more. It took me five months to secure my last job, from getting the first interview to signing the employment contract. But I thought that was understandable because [...]
Career CPR: Four hundred applications and five months later, I still can’t find a job
In the third of our Career CPR series, we hear from an unemployed Hong Kong candidate who has been looking for a job for the past five months. Read his dilemma and offer your advice in the comments box below. The dilemma: I have sent out 400 job applications over the last five months, but [...]
Career CPR: I’m an experienced Singaporean banker in KL but I can’t find a new job back home
In the first of our Career CPR series, we hear from a frustrated banker who just wants a job back home. Read her dilemma and offer your advice in the comments box below. The (hopeful) returnee’s dilemma I’m not a rookie. I’m a Singaporean but have spent the last three-and-a-half years working for an international [...]
Guest Comment: Why getting a 50 per cent pay rise isn’t always so awesome
In an emerging and growing market like China, job opportunities are plentiful, while candidates are scarce and are understandably looking to benefit from this growth. I often speak to front-office candidates who expect base salary increments of more than 50 per cent when they change roles. Some banks are actually willing to provide these raises [...]
China Career Update: There is a (very) serious shortage of commercial banking RMs
Few would dispute that the war for talent is alive and well in China’s banking industry, so much so that many banks have few scruples about hiring candidates whose skill sets and experience are not an exact fit for the role. It is not unusual for investment bankers to be hired for private banking jobs, [...]
Daily Dispatches: Asia’s top-three hiring banks are…
Ask headhunters nowadays and they’ll tell you that in Asia’s investment-banking scene, there are only three banks that are making any significant moves now. Barclays and Standard Chartered, with the latter firmly ensconced in Asia and the former looking to build its reputation there – have gone on a hiring spree in recent months and [...]
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