2024 Salary Guide: Banking Operations
Banking Operations can be a lucrative career. A Banking Operations Manager can expect to command a higher salary than someone working in Client Services – but just how much more can they earn? Here’s what you need to know:
Emerging Skills & Hiring Trends
- There’s greater demand for well-rounded candidates with skill sets adaptable to changing market trends
- Interested in fintech? You should be skilled in managing data, workflow reporting, and automated processes to improve banking operations
- If you have specific skill sets, for example speaking certain languages (such as Japanese), you may find niche opportunities
- Rise of gender diversity – more female employees are being hired for senior roles
Singapore Average Salary: Banking Operations
This is the average salary in Singapore for Banking Operations jobs:
| Job Title | Average Annual Salary (SGD) |
| KYC Operations | $130,000 |
| Client Services | $130,000 |
| Corporate Actions / Settlement | $110,000 |
| Trade & Sales Support | $150,000 |
| Reference Data | $120,000 |
| Trade Finance Operations | $120,000 |
| Collateral Management | $130,000 |
| Transfer Agency | $100,000 |
| COO / Head of Operations | $270,000 |
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Back to Ultimate Singapore Salary Guide.
Source: Morgan McKinley
Outside of his professional pursuits, he enjoys road cycling, diving deep into biographies, and devouring copious amounts of dumplings.
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