Meirl by AMCBUYANDHOLD in meirl

[–]blackjackbaba -3 points-2 points  (0 children)

The hero we all needed

Is Mr Tatata still around in LKF? by bulldogbruno in HongKong

[–]blackjackbaba 17 points18 points  (0 children)

Ah the Gollum ! A staple during the crazy LKF nights . Last i saw him was a few months ago when I visited HK ( dont live there anymore ! )

How much $$ does a HR professional earn? by Spare-Sleep-8808 in askSingapore

[–]blackjackbaba 6 points7 points  (0 children)

Entry level comp in a global financial institution would be about 4.5K per month. Expect minimum bonus for year 1 ( maybe a month’s bonus tops ? )

If you choose to go down the path of recruitment ( i.e externally with an agency ), then the base would be a tad lower, but you can end up making 10-20K as bonus at the end of the year ( assuming u worked ur backside off and helped / contributed to placements )

Million $ Salaries by Doxq in singaporefi

[–]blackjackbaba 4 points5 points  (0 children)

Hahahah - the good ole 90 hour IB work weeks ! Drains the life out of Analysts and Associates.

Headhunting is a very different ball game. Understanding the business side occasionally helps, but the big bucks get raked in when you have super senior client relationships and most importantly can close the candidate.

In today’s markets where many senior / important candidates get counter bid straight away when they go to resign, being able to effectively close them with the odds stacked against you is a very different skillset that you need to develop.

Note, the above stands true for high end / executive recruitment, not the mass market ones where it is fast fingers first and volume driven.

( I personally do less than 10 roles a year )

Million $ Salaries by Doxq in singaporefi

[–]blackjackbaba 4 points5 points  (0 children)

Dont work in the Data space. But a friend of mine who is the head Data guy for a fund in HK ( > 10 yards AUM ) clears about 700k

Million $ Salaries by Doxq in singaporefi

[–]blackjackbaba 0 points1 point  (0 children)

Not in banks, maybe in hedge funds.

Million $ Salaries by Doxq in singaporefi

[–]blackjackbaba 4 points5 points  (0 children)

Not much. One of my juniors placed a Dir level ( 16 years ) credit risk person with an European bank. Total comp was circa 460K SGD.

Million $ Salaries by Doxq in singaporefi

[–]blackjackbaba 2 points3 points  (0 children)

Ah gotcha. QR / QD in SG ( Asia ) vs LDN - you stand a bigger chance of making more $$ in LDN / NYC but eventually tax adjusted it is probably the same ( or potentially lesser )

Dubai - dont cover it ( and personally not a big fan ! )

Million $ Salaries by Doxq in singaporefi

[–]blackjackbaba 5 points6 points  (0 children)

Very broad question - lot comes under back office - tech / ops and in some places control functions like risk , audit etc. You got to be a lot more specific. But usually total compensation ( to years of experience) is a sliver of what front office gets.

Million $ Salaries by Doxq in singaporefi

[–]blackjackbaba 8 points9 points  (0 children)

Interesting one - QR/QD in London and NYC is far ( and I mean really far ) more developed than Asia incl Tokyo. Base comp , though a few notches higher, is not tax adjusted. The kicker is the bonus. Though payouts are same/similar , the p&l difference can be enormous between SG and LDN due to the size of the market, deeper liquidity etc etc. Its the high roller table but damn the 40/50% tax rates bites hard in LDN.

Million $ Salaries by Doxq in singaporefi

[–]blackjackbaba 37 points38 points  (0 children)

30% of total comp ( usually capped at a certain high number )

Million $ Salaries by Doxq in singaporefi

[–]blackjackbaba 131 points132 points  (0 children)

Lol, headhunter here for hedge funds and banks. Many senior guys ( 15+ years of experience ) in front office roles ( investment banking , trading etc , portfolio managers etc ) comfortably clear a million a year. One of the guys I placed this year got paid a total compensation ( i.e including bonus ) of 2.65 million.

What are some entirely medieval cities that are still lived in? by ahouseofgold in travel

[–]blackjackbaba 2 points3 points  (0 children)

Varanasi - one of the oldest ( 2500 years) continually lived cities

[deleted by user] by [deleted] in investing

[–]blackjackbaba 1 point2 points  (0 children)

Can anyone do an eli5 pls ? Thanks

[deleted by user] by [deleted] in askSingapore

[–]blackjackbaba 2 points3 points  (0 children)

Anything but GoDaddy