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Banking and Finance Staffing Services in 2022

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.

 

This infographic illustrates the top 3 Reasons Banking & Finance Professionals job offer consideration in 2022

 

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 TitleSalary Range (per month)
Relationship ManagerS$3,000 – S$6,000
Loan OfficerS$2,500 – S$3,000
Customer Service OfficerS$2,500 – S$3,500
Product ManagerS$5,000 – S$7,000
Compliance Senior OfficerS$5,000 – S$7,000
Private BankerS$5,000 – S$7,000
Business Development ManagerS$3,000 – S$4,000
Finance ManagerS$5,000 – S$7,000
Trade Finance ManagerS$5,000 – S$7,000
Treasury OfficerS$3,500 – S$5,500
Credit Analyst Senior OfficerS$5,000 – S$6,000
Operations (Settlements) OfficerS$3,000 – S$6,000
Deputy Head (Financial Institutions and Capital Market)S$10,000 – S$12,000
Internal AuditorS$4,000 – S$8,000
Loan Admin OfficerS$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.