2014 Banking & Financial Services Salary Guide

December 10, 2013 3 mins read
2014 Banking & Financial Services Salary Guide

Salary ranges for banking and financial services professionals working in accounting, finance, asset management, banking operations, insurance, corporate and retail banking, private equity, risk management and financial leasing.

Our Morgan McKinley Salary Guides examines hiring and remuneration trends for 2014 across Banking and Financial Services, IT, Technical and Engineering, Finance and Accounting, Healthcare and Sales and Marketing.

Accounting & Finance Salaries

  Basic Salaries
(¥ RMB Per Month )
Role Analyst / Non-Officer Associate / AVP / Manager VP / Senior Manager SVP / Director Director / Senior Director
Internal Audit ¥15k - ¥20k ¥20k - ¥35k ¥30k - ¥45k ¥40k - ¥60k ¥60k+
Financial Control / Reporting ¥20k - ¥25k ¥25k - ¥35k ¥35k - ¥55k ¥50k - ¥70k ¥70k+

Asset Management Salaries

  Basic Salaries
(¥ RMB Per Month)
Role Analyst / Non-Officer Associate / AVP / Manager VP / Senior Manager SVP / Director Director / Senior Director
Research Analyst ¥14k - ¥20k ¥20k - ¥35k ¥35k - ¥45k ¥45k - ¥80k ¥80k - ¥100k
Equity Analyst ¥15k - ¥25k ¥25k - ¥35k ¥30k - ¥50k ¥50k - ¥70k ¥70k - ¥90k
Fund/Portfolio Manager ¥18k - ¥30k ¥25k - ¥40k ¥30k - ¥60k ¥60k - ¥80k ¥100k+

Banking Operations Salaries

  Basic Salaries
(¥ RMB Per Month )
Role Analyst / Non-Officer Associate / AVP / Manager VP / Senior Manager SVP / Director Director / Senior Director
Settlements ¥6k - ¥11k ¥11k - ¥15k ¥14k - ¥24k - -
Documentation ¥10k - ¥15k ¥13k - ¥25k ¥15k - ¥30k - -
Treasury Operations ¥8k - ¥12k ¥12k - ¥25k ¥18k - ¥35k ¥30k - ¥55k ¥60k - ¥100k
Trade Operations / Loan Operations ¥8k - ¥15k ¥9k - ¥20k ¥18k - ¥37k ¥30k - ¥55k -

Insurance Salaries

  Basic Salaries
(¥ RMB Per Month )
Role Manager Senior Manager Director
BD/Account Management ¥10k - ¥20k ¥20k - ¥40k ¥40k - ¥70k
Underwriting ¥10k - ¥25k ¥25k - ¥40k ¥40k - ¥66k
Actuary ¥15k - ¥25k ¥25k - ¥50k ¥50k - ¥80k
Claims ¥10k - ¥15k ¥15k - ¥30k ¥30k - ¥50k

Corporate & Retail Banking Salaries

  Basic Salaries
(¥ RMB Per Month )
Role Analyst / Non-Officer Associate / AVP / Manager VP / Senior Manager SVP / Director
Wealth Management Sales ¥5k - ¥10k ¥11k - ¥20k ¥24k - ¥40k ¥40k+
Product Management / Marketing ¥10k - ¥20k ¥20k - ¥35k ¥35k - ¥50k ¥50k+
Role: CORPORATE BANKING - - - -
Cash Management (Sales) ¥15k - ¥25k ¥25k - ¥35k ¥35k - ¥55k ¥55k - ¥70k
Corporate Relationship Manager ¥15k - ¥25k ¥25k - ¥35k ¥35k - ¥55k ¥55k - ¥70k
Trade Finance (Sales) ¥15k - ¥25k ¥25k - ¥40k ¥40k - ¥55k ¥55k - ¥65k

Private Equity Salaries

  Basic Salaries
(¥ RMB Per Month )
Role Analyst Associate AVP / VP Director Managing Director
Research Analyst ¥12k - ¥20k ¥18k - ¥25k ¥25k - ¥40k - -
Private Equity- Investment Team ¥15k - ¥40k ¥25k - ¥50k ¥50k - ¥80k ¥80k - ¥100k ¥100k+
Investment Banking (Front Office) ¥18k - ¥50k ¥40k - ¥70k ¥60k - ¥80k ¥80k - ¥100k ¥100k+
Corporate Finance Mergers & Acquisitions ¥12k - ¥25k ¥25k - ¥40k ¥40k - ¥60k ¥60k+ ¥80k+

Risk Management Salaries

  Basic Salaries
(¥ RMB Per Month )
Role Associate / AVP / Manager VP / Senior Manager SVP / Director Director / Senior Director
Market Risk ¥25k - ¥40k ¥50k - ¥80k ¥75k - ¥110k -
Credit Risk ¥25k - ¥35k ¥45k - ¥65k ¥60k - ¥80k ¥75k - ¥120k
Compliance ¥25k - ¥40k ¥45k - ¥65k ¥60k - ¥80k ¥85k - ¥100k
Legal ¥25k - ¥40k ¥45k - ¥60k ¥55k - ¥80k ¥85k - ¥150k

Financial Leasing Salaries

  Basic Salaries
(¥ RMB Per Month )
Role Associate / AVP / Manager VP / Senior Manager SVP / Director Director / Senior Director
Account Management ¥20k - ¥30k ¥30k - ¥40k ¥40k - ¥50k ¥50k+
Credit and Risk ¥18k - ¥22k ¥22k - ¥35k ¥35k - ¥45k ¥45k+
Treasury Management ¥10k - ¥20k ¥20k - ¥30k ¥30k - ¥40k ¥40k+

 

Banking & Financial Services Salary Guides

2018 Banking & Financial Services Salary Guide - coming soon!
2017 Banking & Financial Services Salary Guide
2016 Banking & Financial Services Salary Guide
2015 Banking & Financial Services Salary Guide

 

Alan Li's picture
Alan Li
Operations Director, Greater China
ali@morganmckinley.com