Ask A Headhunter!

[Dark84]

Equity sales.

Define Equities.

Equities is a product. You must also define the function

Operations? Middle Office? Front Office? Trader?

 

[palmero2009]

Hi HH. I was offered from 2 companies... While waiting for company B for their offer. I signed with company A. But company B also offered higher and signed with company B. So company A how? First day of work no show? Please advice!!

 

[Ask A Headhunter]

Equity sales.

If you are working in a hedge fund, you will have lower basic salary, but bonus is anywhere from 12 to 18 months

If you are working in a bank, bonus is less but basic salary is more (Maybe about 6 months bonus)

Someone working in a bank with about 5 years experience will get around 7k a month (before bonus)

Do note that, you will definitely get more money working in a hedge fund vs working in a bank (due to the huge bonuses)

 

[Dark84]

Hedge fund have equity sales position?

If you are working in a hedge fund, you will have lower basic salary, but bonus is anywhere from 12 to 18 months

If you are working in a bank, bonus is less but basic salary is more (Maybe about 6 months bonus)

Someone working in a bank with about 5 years experience will get around 7k a month (before bonus)

Do note that, you will definitely get more money working in a hedge fund vs working in a bank (due to the huge bonuses)

 

[Ask A Headhunter]

Hi HH. I was offered from 2 companies... While waiting for company B for their offer. I signed with company A. But company B also offered higher and signed with company B. So company A how? First day of work no show? Please advice!!

Call company A, tell them you won't be joining them because you received another offer that pays higher

They might

1) Give you the same offer to match the other offer
2) Accept that you will not be joining them

Do note that, do not ever use point 1 to negotiate for a higher salary with company B, or your reputation will be super jialat in the future.

 

[Ask A Headhunter]

Hedge fund have equity sales position?

I would say about 5k to 5.5k a month with 5 years experience

 

[Beta_Tester]

headhunters.. most of them are not from industries. Any how spam resumes to my bosses. Why do they do that? I believe some of them dont even meet face to face with their candidates. I know some of these are from big name firms but still we get zero service but pay 20% ish of annual for such crap.

 

[Ask A Headhunter]

headhunters.. most of them are not from industries. Any how spam resumes to my bosses. Why do they do that? I believe some of them dont even meet face to face with their candidates. I know some of these are from big name firms but still we get zero service but pay 20% ish of annual for such crap.

As with any industry in the world, there are good sheep and bad sheep.

 

[Netherwind]

CEI course got a few eh, you take which one?

Company under the old regulation no need to renew their EA license?

 

[Ask A Headhunter]

CEI course got a few eh, you take which one?

Company under the old regulation no need to renew their EA license?

Myself?

I am exempted from CEI unless i go to another company or my company upgrades its license.

Under old regulation, will only need to renew license after a number of years (if i am not wrong, every 3 years), of which my company might apply for comprehensive license.

 

[xXboxXx]

1) Short term benefits over long term gain.
2) Regional work might be good or bad, depends highly on the job scope.
3) If you are really wanting to negotiate on the package, do tell the recruitment firm the minimum you will be looking at, and any offer below that amount will be rejected outright.

Thanks a lot. Anyway I rejected the initial offer and they came back with the lower amount of the range I listed in my resume. Additional few hundred dollars more. better than nothing

 

[Netherwind]

Myself?

I am exempted from CEI unless i go to another company or my company upgrades its license.

Under old regulation, will only need to renew license after a number of years (if i am not wrong, every 3 years), of which my company might apply for comprehensive license.

in your opinion comprehensive license and selective license which one will u choose if u were to start up a company

 

[Ask A Headhunter]

in your opinion comprehensive license and selective license which one will u choose if u were to start up a company

Comprehensive.

More money to be made for the company (even though it is more expensive to apply for CL)

 

[BO_KO_LENG]

hi HH,

For someone with 7 years experience in mortgage sales, any way to go into credit, compliance or product?

 

[AaronZzZ]

Because sometimes, companies don't have headcount, for every 1 perm staff they hire, they need to justify (sometimes all the way up to CEO level) why they need to hire this 1 perm person.

I say contract in Singapore is very deceptive.

Because i have seen people get 3 year contract (with full perm benefits)

Or people who get 1 year contract, but with the same company and job scope for the past 5 years (with full perm benefits)

I have also seen people on permanent roles who got retrenched, or who did not "pass" probation

But since we are Singapore, we are "trained" to think that contract = bad, perm = good.

From your experience, what are the reasons for those who did not make it through the probation ?

 

[Ask A Headhunter]

hi HH,

For someone with 7 years experience in mortgage sales, any way to go into credit, compliance or product?

Yes. But entry level.

 

[Ask A Headhunter]

From your experience, what are the reasons for those who did not make it through the probation ?

Cannot perform up to the company's expectations.

 

[ITretard]

Just ORDed. Private Diploma in Marketing holder. Is it really hard to get a job and build it up as a career?
Not looking at doing sales.

 

[Ask A Headhunter]

Just ORDed. Private Diploma in Marketing holder. Is it really hard to get a job and build it up as a career?
Not looking at doing sales.

Depends on what job you are looking for.

 

[AaronZzZ]

Wear suit to interview considered overdressed or not ? Or depends on coy.