Hiring Pulse
Language skills and cross-border expertise are decisive; competition for top profiles is intense.
Hot roles
- RM SE Asia
- North Asia RM (SG booking)
- Credit-led RM
Hot skills
- Mandarin/Indonesian
- Alts distribution
- Credit structuring
PRIVATE BANKING · SINGAPORE
Move your book to Singapore with confidence.
Stable APAC hub with favourable tax, robust MAS governance and significant regional booking-centre activity for ASEAN and North Asia wealth.
At a Glance
High-signal facts to orient quickly in the Singapore private banking market.
Tax
Favourable
Focus
SEA + North Asia
Languages
EN + ZH/ID/MS
Ecosystem
Regional booking centre
Why Private Bankers Move to Singapore
Singapore is the primary wealth hub for ASEAN and part of a dual-centre strategy with Hong Kong for North Asia. Senior bankers relocate here to consolidate regional client books under MAS rules, with flexible access to global markets and strong legal certainty.
The city offers a combination of political stability, robust regulation and deep wealth-management infrastructure. Many platforms position Singapore as a base for long-term family governance, succession planning and multi-jurisdictional structuring rather than purely trading-focused business.
- • Asia hub: gateway for ASEAN and part of the North Asia coverage model.
- • Regulatory clarity: MAS-led framework with high standards of investor protection.
- • Family governance focus: strong ecosystem of lawyers, trustees and family-office specialists.
- • Quality-of-life platform: safe, efficient and attractive for families relocating from Europe or within Asia.
You can explore Singapore-based roles or register via the candidates hub for future searches. If you want to model a move before speaking with a platform, try the Business Plan Simulator and then contact us to discuss the results.
Compensation & Bonus Benchmarks
Directional ranges for mid-senior Relationship Managers through team leadership. Actual offers vary by portable book, ROA, product mix and firm performance.
| Role | Base (low) | Base (high) | Typical bonus | Top-quartile note |
|---|---|---|---|---|
| RM / Associate Director | $180,000 | $240,000 | 40–80% | — |
| Director / Senior RM | $220,000 | $320,000 | 50–100% | — |
| Team Lead / Market Head | $280,000 | $380,000 | 60–120% | — |
Licensing & Compliance
Regulator, certifications and key compliance expectations for private bankers in Singapore.
Regulator
MAS (Singapore)
Must-have certifications
- MAS fit & proper criteria
- Relevant CMFAS modules
- Cross-border APAC rules awareness
Mandarin, Malay or Indonesian are highly valued. Deferrals are common at senior levels; suitability and product-governance files must be robust.
Client Base & Sourcing
Where growth typically comes from and what matters on the ground in Singapore.
- SEA/ASEAN onshore and regional cross-border clients
- Entrepreneurs, tech founders and family business owners
- High adoption of DPM, Alts and Lombard lending
Banking Ecosystem in Singapore
Key booking centres, leading private banking platforms and the independent wealth ecosystem you will interact with if you move your book to Singapore.
Booking / execution
- Singapore
- Hong Kong
- Zurich
- Geneva
- Offshore centres used by Asian clients
Key private banking platforms
- UBS
- Credit Suisse legacy (UBS integration)
- Julius Baer
- Pictet
- Lombard Odier
- Bank of Singapore
- DBS Private Bank
- UOB Private Bank
- HSBC Global Private Banking
- Standard Chartered Private Bank
EAMs & family offices
- MAS-licensed external asset managers
- Multi-family offices serving ASEAN and North Asia
- Single-family offices under Singapore FO/VCC regimes
Regulators: MAS (Monetary Authority of Singapore)
Relocation & Tax
Singapore offers efficient licensing, safety, competitive tax and a family-friendly environment. Housing and schooling are major cost items and should be factored into total-comp discussions.
For Private Bankers in Singapore
Share a high-level overview of your book, ROA and target platform profile. We only approach institutions where your franchise is genuinely strategic.
For Hiring Managers
We provide calibrated market mapping, vetted shortlists with real portability and structured business cases that stand up in internal approvals.
Compensation ranges are directional benchmarks for 2025 private banking roles (mid-senior RM to team lead). Final offers vary by portable book, ROA, lending penetration, alternatives distribution, compliance history, and firm performance. Figures are not an offer and are provided for guidance only.