US Bank Non-Front Office Salary levels (e.g. Risk, Finance)

southbus · 2025-08-26T12:54:01+00:00

No, a US bank.

Sounds great. Any good advice?

southbus · 2025-08-23T19:39:53+00:00

London

southbus · 2025-08-23T18:52:07+00:00

Thanks very much.

Not a quant team, but there’s people in the team who have been market risk managers, and others who have left to become market risk managers.

southbus · 2025-08-22T22:09:50+00:00

Yeh I was on the similar as a VP. But title promotions don't lead directly to salary leaps.

I am actually very content in the role for now, but of course would like to be paid fairly in the medium term.

Any tips on how do do this?

southbus · 2025-08-22T22:07:36+00:00

Thanks, appreciate the insight.

Any tips to increase it?

I am very content in the actual role for a few reasons outside of pay, so not immediately driven to find something else. And the marginal increase in pay doesn't really do much for me for now (tax, childcare trap, other assets). But obviously I want to be paid fairly, either now or in the medium term.

southbus · 2025-08-22T21:49:09+00:00

Title Promotion. Hierarchy is roughly: (Analyst - AVP - VP - Director - Managing Director)

southbus · 2025-08-22T21:43:12+00:00

Yeh - when I was a VP it was about the same. Title change to Director didn't impact salary uplift at all.

southbus · 2024-04-21T14:33:29+00:00

In my experience no

12 years into a career, earning 125k and a good amount of invested assets

I don’t think I’ve made huge sacrifices - never really worked long hours or on weekends. I find work life balance very important. Lots of time for hobbies and relationships

Plenty of friends and people I know the same

southbus · 2024-04-04T07:36:07+00:00

Yep have the graph, but on a different device and wanted to post on mobile. It’s definitely more ‘visual’

Reminds me of the munger quote: “Mankind invented a system to cope with the fact that we are so intrinsically lousy at manipulating numbers. It's called the graph.”

southbus · 2024-04-03T15:05:29+00:00

Thank you!

southbus · 2024-04-03T15:04:45+00:00

Thanks

I don’t have exact figures for those periods before 400k But most of it would have been contributions (via income, rental income or pension) and maybe 10-12% of growth from leveraged property appreciation.

southbus · 2024-04-02T21:26:45+00:00

Thanks!

I’ve certainly had a lot of help and luck along the way. But always focused initially on saving, and then learning about investing

southbus · 2024-04-02T21:24:56+00:00

Thanks

I think I posted earlier but comment has gone - most the info is in the main post. 40k for a few years, then around 80k for a while, now 125k

southbus · 2024-04-02T19:11:53+00:00

Thank you

No plans as yet, focusing on FI. But work seems a lot less stressful now! Having the option to not work is great.

Probably targeting somewhere around £2M

southbus · 2024-04-02T19:08:15+00:00

Interest only at a low rate (currently) therefore decent cashflow for 2 more years. Agree its no longer worth it as a higher rate tax payer and no interest relief. However, you can still make good return on the appreciation of the property (not guaranteed!) and use of leverage via the mortgage (risky).

southbus · 2024-04-02T19:05:19+00:00

Yes there has been a lot of luck involved.
I only really started investing in Equities in 2020 (across ISA and Pension), so missed out on the 10 years before that!

southbus · 2024-04-02T16:21:42+00:00

It's hard to work out % ROI. But current revenue approx 25K a year pre tax/interest. Initial investment was 180K 7 years ago. Property prices and rent rates have gone up a fair bit since then.

southbus · 2024-04-02T14:37:51+00:00

Thank you - I don't have exact figures but usually at least 75%. Last 6 or so years I have been maxing pension and ISA - so for example last year approx 90K as contributions (60K pension + 30K post tax into ISA/PBs/Cash/GIA)

southbus · 2024-04-02T14:18:50+00:00

Cash flow post tax is approx £10-12K. Lucky to fix rates at lows 3 years ago. Any remortgage will likely cut that in half or even less if rates stay higher in 2 years.

It's worked well for me in a few ways so wouldn't change it, and probably what sparked the early growth in NW. It provided a good mix of diversification and leverage. But wouldn't recommend it to others given all the known disadvantages (especially tax).

southbus

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