In 2022, Singapore is expected to pick up pace as a financial hub, and the nation’s financial sector is poised to enjoy robust broad-based growth across banking, insurance, fund management and payment services. Along with this, financial institutions will experience unprecedented growth in digitalisation and the adoption of technologies.
To fuel this phenomenal growth, financial institutions will add headcount, and pay increment will rise by as much as 40%. The banking and finance sector, however, has an acute shortage in specialist talents, particularly in fintech. With the expected strong growth in finance services, existing employees will be on the lookout for better career opportunities in the growing finance sub-sectors.
At Achieve Group, our banking and finance search and selection team has well established relations with finance companies that finance professionals can tap on to make transitions within and across verticals.
As a longstanding recruitment agency, our search and selection consultants have advanced targeting capabilities that companies can employ to attract specialist candidates with specific finance expertise. In addition to this, we have a deep network of well-established finance professionals who have the technical and commercial knowledge to support an organisation’s transformation and growth in Singapore’s post-Covid recovery.
Top 3 Reasons that would cause Banking & Finance Professionals to leave their jobs in 2022
1. Change in the work environment.
2. Alternative exciting opportunities
3. Work-life balance
Most in-demand Banking & Finance jobs offered by Employers
- Relationship Manager
- Customer Service Officer
- Product Manager
- Compliance Officer
- Private Banker
- Trade Finance Manager
- Treasury Officer
- Credit Analyst
Most in-demand Banking & Finance jobs sought by Jobseekers
- Relationship Manager
- Compliance Officer
- Internal Auditor
- Finance Manager
- Finance Analyst
source : Achieve Group, 2022 Staffing & Salary Insights.
Banking & Finance Sector Singapore 2021-2022 Salary Guide
| Job Title | Salary Range (per month) |
| Relationship Manager | S$3,000 – S$6,000 |
| Loan Officer | S$2,500 – S$3,000 |
| Customer Service Officer | S$2,500 – S$3,500 |
| Product Manager | S$5,000 – S$7,000 |
| Compliance Senior Officer | S$5,000 – S$7,000 |
| Private Banker | S$5,000 – S$7,000 |
| Business Development Manager | S$3,000 – S$4,000 |
| Finance Manager | S$5,000 – S$7,000 |
| Trade Finance Manager | S$5,000 – S$7,000 |
| Treasury Officer | S$3,500 – S$5,500 |
| Credit Analyst Senior Officer | S$5,000 – S$6,000 |
| Operations (Settlements) Officer | S$3,000 – S$6,000 |
| Deputy Head (Financial Institutions and Capital Market) | S$10,000 – S$12,000 |
| Internal Auditor | S$4,000 – S$8,000 |
| Loan Admin Officer | S$3,500 – S$5,000 |
Connect with ACHIEVE Banking & Finance Team now!
ACHIEVE Group can help businesses and jobseekers navigate the hiring scene by providing timely advisories and customised search and selection solutions that include permanent staffing, contract staffing and payroll outsourcing arrangements.
A recruitment consultancy in the Asia Pacific for over 30 years, ACHIEVE Group is a Human Capital Partner (HCP) and Singapore Prestige Brand Award (SPBA) winner, recognised for commitment to progressive employment practices and business transformation.
For any queries on hiring programmes, staffing arrangements or happenings in the job market, please reach out to us at enquiries.sg@achievegroup.asia or 63230050.