Finance & Banking Salary in Singapore

Singapore   Singapore  • Change Location

Average gross salary for Finance & Banking GROSS SALARY
SGD 104,407
Average gorss salary (USD) for Finance & Banking GROSS SALARY (USD)
US$ 80,083
Average net salary for Finance & Banking NET SALARY
SGD 88,047
The most typical salary for Finance & Banking MOST TYPICAL GROSS
SGD 100,496
  Updated: 15 Dec 2019   Diff. gross vs. net: 15%
  Salary entries: 274

Finance & Banking Earnings in Singapore

Average salary for Finance & Banking in Singapore is SGD 104,407 (Gross). All data are based on our survey (274 individual salary entries). Average take home earning is SGD 88,047 (Net). The most typical salary is SGD 100,496 (Gross).

Earning percentages

Percentage of people earn this salary or more
7 % SGD 300,255
11 % SGD 190,000
20 % SGD 150,928
50 % SGD 92,760
84 % SGD 52,771
91 % SGD 42,731
97 % SGD 33,927

Earning by careers

Career Avg. gross salary (USD) Salary entries
Financial Analyst SGD 86,184 US$ 66,507 40
Banks SGD 101,888 US$ 76,763 32
Finance Manager SGD 114,546 US$ 87,911 29
Financial Adviser SGD 118,719 US$ 91,754 19
Risk Manager SGD 124,800 US$ 97,895 15
Bank Manager SGD 88,020 US$ 65,933 15
Investment Manager SGD 179,860 US$ 134,852 10
Risk Analyst SGD 113,770 US$ 87,487 08
MBA SGD 144,714 US$ 112,583 07
Tax Manager SGD 117,000 US$ 92,420 05

Earning by cities

City Avg. gross salary (USD) Salary entries
Singapore SGD 104,407 US$ 80,083 274

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Salary entries from individual employees for Finance & Banking in Singapore

Below is the list of 10 individual salary profiles - all added on this website.

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TEAM LEAD


 Posted: 15 Dec 2019

Masters Degree, 8-12 years: "I work as a Team lead with Wipro and I have been posted in Singapore from last 5 years."
Individual GROSS salary:
SGD 72,000
US$ 54,272

WEALTH PLATFORM MANAGER


 Posted: 29 Nov 2019

Bachelors Degree, 20+ years: "Design and maintain computer systems that allow bank staff to conduct investment sales."
Individual GROSS salary:
SGD 170,000
US$ 128,141

FINANCIAL CONTROLLING SPECIALIST


 Posted: 03 Nov 2019

Bachelors Degree, 4-8 years: "Budgeting, Financial analysation, Consolidation."
Individual GROSS salary:
SGD 80,000
US$ 60,302

TRADER


 Posted: 06 Oct 2019

Bachelors Degree, 4-8 years: "Trade physical crude oil and derivatives."
Individual GROSS salary:
SGD 380,000
US$ 286,434

DIGITAL


 Posted: 04 Aug 2019

Bachelors Degree, 8-12 years: "Workging in digital bank."
Individual GROSS salary:
SGD 80,000
US$ 60,302

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RELATIONSHIP MANAGER


 Posted: 18 Jul 2019

Bachelors Degree, 16-20 years: "Sales, and compliance processing."
Individual GROSS salary:
SGD 110,000
US$ 82,915

FINANCE ANALYST


 Posted: 18 Jul 2019

Bachelors Degree, 4-8 years: "Analyse data data visualization."
Individual GROSS salary:
SGD 52,000
US$ 39,196

SETTLEMENTS


 Posted: 16 Jul 2019

Bachelors Degree, 4-8 years: "Deriavative settlements."
Individual GROSS salary:
SGD 70,000
US$ 52,764

BUSINESS DEVELOPMENT MANAGER


 Posted: 03 Jul 2019

Bachelors Degree, 2-4 years: "International Banking."
Individual GROSS salary:
SGD 78,000
US$ 58,794

BANKER


 Posted: 27 Jun 2019

Bachelors Degree, 2-4 years: "Privtae banker for a local private bank."
Individual GROSS salary:
SGD 60,000
US$ 45,226

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  SALARY BY LEVEL   FINANCE & BANKING   SINGAPORE

Singapore •  Change Location

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
More US$ 230,722 SGD 300,255
18
205K US$ 154,414 SGD 200,577
09
195K US$ 146,516 SGD 190,000
02
185K US$ 137,049 SGD 180,000
03
175K US$ 134,116 SGD 172,000
03
165K US$ 124,531 SGD 161,277
07
155K US$ 116,661 SGD 150,928
14
145K US$ 108,531 SGD 141,125
08
135K US$ 101,869 SGD 131,777
09
125K US$ 91,817 SGD 120,466
15
115K US$ 83,651 SGD 111,600
05
105K US$ 75,612 SGD 100,496
30
95K US$ 70,601 SGD 92,760
15
85K US$ 62,947 SGD 82,250
20
75K US$ 56,302 SGD 73,237
24
65K US$ 47,931 SGD 62,408
21
55K US$ 40,769 SGD 52,771
26
45K US$ 32,806 SGD 42,731
19
35K US$ 26,831 SGD 33,927
17
25K US$ 18,727 SGD 23,660
05
15K US$ 9,230 SGD 12,000
02
Less US$ 6,169 SGD 8,700
02

  SALARY BY GENDER   FINANCE & BANKING   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 86,667 SGD 113,585 128
Women US$ 71,827 SGD 94,669 78
N/A US$ 77,161 SGD 98,301 68

  SALARY BY EDUCATION   FINANCE & BANKING   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Doctorate Degree US$ 38,792 SGD 48,750 02
Masters Degree US$ 102,872 SGD 132,974 76
Bachelors Degree US$ 74,777 SGD 97,886 177
Some College US$ 42,879 SGD 57,039 13
High School US$ 47,632 SGD 63,340 05
Bellow H. School US$ 15,770 SGD 20,000 01

Finance & Banking workers holding Masters Degree degrees enjoy the highest average gross salaries in Singapore. With an earned Masters Degree, they grosses SGD 132,974. While Finance & Banking workers with Bellow H. School education earn the least, with an average gross income of SGD 20,000. This is 552.33% lower of what Masters Degree degree holders earn.


  SALARY BY EXPERIENCE   FINANCE & BANKING   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 96,563 SGD 127,675 18
16-20 Years US$ 162,537 SGD 212,187 16
12-16 Years US$ 106,659 SGD 138,353 28
8-12 Years US$ 92,857 SGD 121,423 74
4-8 Years US$ 75,230 SGD 98,107 59
2-4 Years US$ 46,564 SGD 60,157 31
1-2 Years US$ 46,502 SGD 60,034 24
0-1 Year US$ 31,170 SGD 40,054 24

Finance & Banking workers in Singapore with more years of work experience outperform their counterparts with less experience. Workers with 16-20 Years of experience earn a gross average of SGD 212,187 compared to SGD 40,054 for their counterparts with 0-1 Year of experience. The difference between workers with 16-20 Years of experience and 0-1 Year is 421.45%.


  SALARY BY AGE   FINANCE & BANKING   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
63-68 US$ 60,302 SGD 80,000 01
51-56 US$ 66,994 SGD 90,000 02
45-50 US$ 112,996 SGD 151,431 07
39-44 US$ 113,069 SGD 148,924 37
33-38 US$ 95,108 SGD 124,691 61
27-32 US$ 71,159 SGD 93,333 62
22-26 US$ 37,718 SGD 48,721 32
16-21 US$ 26,644 SGD 35,250 04
N/A US$ 77,161 SGD 98,301 68
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  SALARY BY CAREER   FINANCE & BANKING   SINGAPORE

Singapore •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Investment Manager US$ 134,852 SGD 179,860 10
2. Economist US$ 113,053 SGD 147,250 04
3. MBA US$ 112,583 SGD 144,714 07
4. Mortgage Broker US$ 104,086 SGD 130,000 01
5. Risk Manager US$ 97,895 SGD 124,800 15
6. Hedge Fund Manager US$ 85,090 SGD 120,000 01
7. Financial Adviser US$ 91,754 SGD 118,719 19
8. Tax Manager US$ 92,420 SGD 117,000 05
9. Finance Manager US$ 87,911 SGD 114,546 29
10. Risk Analyst US$ 87,487 SGD 113,770 08
11. Banks US$ 76,763 SGD 101,888 32
12. Stock Broker US$ 78,463 SGD 100,000 02
13. Mortgage Underwriter US$ 76,669 SGD 100,000 02
14. Financial Accountant US$ 72,440 SGD 95,066 03
15. Other Finance Career US$ 72,928 SGD 94,841 66
16. Fund Manager US$ 70,166 SGD 90,600 05
17. Bank Manager US$ 65,933 SGD 88,020 15
18. Financial Analyst US$ 66,507 SGD 86,184 40
19. Economy Engineer US$ 64,340 SGD 82,000 01
20. Chartered Financial Analyst US$ 46,739 SGD 63,333 03
21. Financial Coordinator US$ 42,740 SGD 56,750 04
22. Bank Cashier US$ 37,678 SGD 48,020 01
23. Mortgage Adviser US$ 31,071 SGD 39,600 01

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In Singapore economy, Investment Manager is on the top list of highest earners, earning an average gross salary of SGD 179,860. Economist and MBA follow, earning SGD 147,250 and SGD 144,714, respectively. Mortgage Adviser earn a gross annual average of SGD 39,600, while Bank Cashier earn SGD 48,020. The gap between the lowest and the highest paid careers is 334.01%.


  SALARY BY JOB TYPE   FINANCE & BANKING   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 82,665 SGD 107,699 241
Contract US$ 53,057 SGD 70,188 16
Self Employed US$ 95,958 SGD 125,955 09
Part Time US$ 38,500 SGD 49,450 08
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  SALARY BY CITY   FINANCE & BANKING   SINGAPORE

Singapore •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Singapore Finance & Banking in Singapore US$ 80,083 SGD 104,407 274

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  SALARY BY COUNTRY    FINANCE & BANKING

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Australia Australia Finance & Banking in Australia US$ 97,079 AU$ 109,244 142
2. United Kingdom United Kingdom Finance & Banking in United Kingdom US$ 95,932 GBP 64,419 329
3. Germany Germany Finance & Banking in Germany US$ 95,442 EUR 76,211 118
4. United States United States Finance & Banking US$ 92,376 US$ 92,376 928
5. Hong Kong Hong Kong Finance & Banking in Hong Kong US$ 89,800 HKD 698,039 186
6. Singapore Singapore US$ 80,083 SGD 104,407 274
7. New Zealand New Zealand Finance & Banking in New Zealand US$ 75,245 NZ$ 94,932 37
8. Mexico Mexico Finance & Banking in Mexico US$ 46,592 MXN 774,944 33
9. Indonesia Indonesia Finance & Banking in Indonesia US$ 41,816 IDR 493,890,217 139
10. Malaysia Malaysia Finance & Banking in Malaysia US$ 35,419 MYR 124,291 412

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