Starting salary negotiations for a major bank VP position (in top 10). What is the range I should expect?

like
Posting as :
works at
You are currently posting as works at

Glassdoor

like

$120ish...but there's a very high payband. Could be anywhere from $80k-$180k

like

Well VP is super generic at a bank. You'd need to provide more info.

like

For the most part you should expect 15% or so pay raise, assuming your salary isn't currently sky high

like

Who says woman can't negotiate 😎 we do it well

like

Not always reliable but looked

VP, corporate risk management

I was wondering 190 is too much or not, that is my feeling too about the range

Also depends on location and bank (JPM is much more generous with support staff pay than citi)

East coast,

15% is too low as I am already expecting to be promoted next year so I will have to work that in. Salary is never sky high 😀

According to one link I saw, avg salary at VP level is 145. GS is 165. One kid on here was offered 140k for a digital VP role.

Let me know how it goes! I too wanna apply to some VP roles at these banks

I will ask quite a bit and let you know if it works out 👍🏻 if it doesn't I will continue with the miserable hours and ask the same next year 🤓

Always wanted to know what VP in banks is equivalent to in consulting ? Manager and above ?

High senior or manager. Really depends on the role. VP is a generic title and u can also be in charge of no one, just like a principal engineer somewhere else

Okay. I know some friends who joined as VP right out of grad school ( comp science )

150 medium

I'll try to go with D1s suggestion and push the 180, l'll update if it goes well

What level and salary r u at now?

Related Posts

Anyone work for GoDaddy and would like to recommend me for an accounting or analyst role?

like

Healthcare consulting firms that are actively hiring right now??

like

Hi Fishes,

I have offer from vodafone vois-14.50 LPA(8%VARIABLE), Synechron (18.57)fixed LPA, DXC TECHNOLOGY -21(20 FIXED 1 VARIABLE)LPA. pls suggest and advice where to go.

like

Which big pharma or biotech companies offer high pay for bioinformatics scientist (masters level) with 3 YOE?

like

Hey fishes, last week into my notice period. Help me choose between Nagarro (Staff Consultant), Aristocrat Technologies and Coforge (Lead BA). Nagarro Aristocrat Technologies Coforge Tata Consultancy EY Criteria: Quality of work, Growth prospects Thanks a lot !

like

When negotiating Salary, do you mention Glassdoor, Levels.fyi, or a separate source? Or neither?? Looking at a role I’m currently a candidate for and the discrepancy of pay between Glassdoor and Levels.fyi is absurd (IE Glassdoor average salary is almost 40K higher than Levels.fyi) Glassdoor also has more “data points”, for lack of a better term, than Levels.fyi for this role.

Thoughts??

like

I was hired within the last year as a site supervisor. I did well my first few projects with the company. They asked if I’d be interested in transitioning into a construction manager role. I agreed. Now I still am the site supervisor on projects but I’m also doing all the construction manger duties on the project as well. Essentially 2 jobs for one salary. We have yearly reviews in December but no talks of raise have been discussed. Any help on approaching this to my boss?

like

Hi, I got selected in S&P. Hr gave me an link to apply for some position but I am not able to do login to that link

Facing issue like user name doesn't exist in tenant s&p global.

Did anyone face the same, if yes could you please help me on that.

like

I wanted to know if there is any opening for 1 yoe Java/backend developer.

I’m up for a promotion at work and I have no idea how much to ask for since it’s not a standard position. Currently I’m a team lead and manage about 8 technicians, my promotion will be to a regional service delivery manager, and I will be managing over 30 in 3 locations. I went from a tier 1 engineer in managed servers to team lead with about a 10k increase in salary.I’m thinking about a 15k increase this time from 65k to 80k. Anybody in managed services have a similar position to compare

like

Hello Everyone, i am in a dilemma, please help me guys, i got an offer from KPMG as an Analyst in KYC, and another offer from MUFG with more package compared to KPMG , Both companies are from the same location( Bengaluru)and for the same role, please assist me guys.

like

As a 20+ year lawyer with no big law experience (smaller and mid size firms plus government and in house experience), would a BigLaw firm even consider me? Perhaps an of counsel position? Even a senior associate?

like

Got offer from Cognizant and Infosys.. Where Cognizant offering more package almost 1.5 Lpa mor, but heard lot of negative review on social media like they don't have good project, no job security, they will make you to work on other tech etc . Is it true ? Share some pro and cons that will be greate .. thnks

like

Would people be up for a salary discussion thread? A way to give transparency for UK roles.

1. Current title
2. Years of experience (YOE)
3. Location
4. Base salary
5. Bonuses/Equity (optional)
6. Industry (optional)
7. Tech stack (optional)

like

Which skill sets are still in demand and paid well in current IT market?

like
like
likesmart

Can anyone tell me how much will be my Net Salary/month

Post Photo
like

Hey guys,

Prudent is asking for top up of 3,7,10,15 so if i choose 3 lakh then i will get benifit of 7 lakh right as my offer letter had 4 lakh ?

like

More Posts

I have 2.2 yoe in Java, Spring, SpringBoot, Microservices, Hibernate, Mysql and CI/CD, please refer me if you have any open position for the same.

like

Looking for an opportunity to work in the logistics/shipping industry as an executive in Singapore.

May I request for help . Currently a diploma holder and will upgrade myself with a part time supply chain degree, enrolling in January.

Many thanks.

like

What’s a reasonable salary for a supply chain analyst in MN?

like

So, it's super obvious not to use "Police" in ads and activations, right? Like, we all know not to dress actors as police and have them "bust" people who have the wrong product, right?

likefunny

Hi Fellow professionals,
I am eagerly looking for a job change but I don't want to limit myself to just Marketing (I have 3 years of experience in this field).
What are the other job options available for me without having to start all over again? What is a lucrative business/market/industry r.n.? I would love to work for Blockchain, Defi, AI, ML or even sustainability industry but I am open to other options.
Have any of you did something similar recently and are enjoying the new job change?

How is the WLB in Clairvoyant - an EXL company?

like

Given the outbreak, are places actually going to be hiring right now? Recently laid off from 9-5 and my freelance is starting to fizzle.

like

I’m feeling stagnant in my career and looking for ways to grow. I was considering obtaining a PMP certification and wondering how impactful this is. Is this certification well recognized?

like

Where do you guys invest/save Your emergency savings fund? How many months do you save? I feel I'm more conservative and save more because I work in consulting.

Who all started hating Globant India…. Because of stupid..idiotic studio culture

For new joiners…. You have to slog in project….but in appraisal only a**licking of studio leadrs is considered…
Share your experiences.

P.S. left globant 3 months back only because of this reason
P.S.S. New joiners if you mind your own business… you are not good at chamchagiri… avoid globant please

Need a referral for Morgan Stanley, can anyone help?

like

I am interested in consulting, currently majoring in finance and minoring in math, looking for any internship for the fall. Suggestion for any companies/ internship programs to apply. What are my chances of landing an entry level consulting Job, if I don’t have any consulting internship. Any advices, dos and don’t. Thank you very much.

like

I ranked #2 on the Whova leaderboard at 2022 NPA Annual Conference! #NPA2022AC - via #Whova event app

like

Single guy living in streeterville for the past couple of years and now very ready to move to some place a little quieter/ much cheaper / easier access to downtown. I have a car and probably looking to spend 12-13,00 a month for rent etc. so does it have to be suburbs?

like

Partners - when you see someone on your project that has been with the firm a long time and is basically a career consultant how do you view that?

like
like

OK 🐠. Recommendations on solid/reputable places to buy watches online? Jomashop? Ash ford?

like

Has anyone tried Apposta?

What is EBA IN Bosch?

like

Is LinkedIn premium worth it?

like

Additional Posts in Consulting

STARTUP FOUNDERS and FAANG: would you rather hire MBB with 3-4 years of exp or Tier 2 with 5-6 years? If you could isolate those variables and everything else held constant.

like

When should I expect to get my PwC laptop if I’m starting on Monday?

like

30-minute meeting, chief joined 25-min late, everything gets done in 5 min.

I just love hearing the silence in the waiting room by myself, ya know!

like

I am currently waiting for the job offer for a consulting firm but I was told it could take several months. Between now and then, I have plenty of time for myself. What should I be doing to prepare myself for the new job? Any recommendations for newsletter/industry reports/books/ coursea courses? Thank you all!

like

Any book recommendations for someone who worries way too much about work? Have already read The Subtle Art...looking for other good ones? Specific to consulting would be awesome!

like

How does hierarchy work in banks vs fintechs such as Capital one?
E.g. Everyone is a VP at my client (Wells Fargo) whereas I hear VP is a big deal at PayPal / Capital One.

like

Finally found THE one, after over a year of searching and trying out at least 5 different ones!

A nice comfortable office chair.

https://ergochair.co/collections/chairs/products/ergonomics-mesh-chair-w-adjustable-headrest-and-armrest?variant=32511617597491

My criteria: mesh seat and back, arms, headrest

I tried cheap ones from Amazon. Expensive, second hand gaming chairs. Tried HM Aeron (second hand) and while I didn't like the bulk and the general design, I was sold on the mesh seating. I wanted to get the ErgoChair 2 from autonomous, but it doesn't have mesh seat.

AMA.

likefunnyuplifting

How did you decide what to specialise in? I’m naturally inquisitive and find it hard to say no to opportunities so constantly feeling like I’m foregoing opportunity to build my “platform”.

like

Any idea why EY is not on the list of Vault 50 top consulting firms but it is on the prestigious list?

like

What to do on this fine Saturday? ☀️

likehelpful

An email last night at 9.00 pm from the office has sent me panicking. Our office is closed today because a staff and a a member of their family are unwell. (1/2)

like

Off to the corporate holiday party, 5 hours open bar, cheers bitches 🥂

like

First day as scrum master and for a new team, any tips? I’m not used to gathering a team that’s 100% remote and am trying to figure out creative ways to get the team engaged.

like

Sounds about right to me

Post Photo
likefunnyupliftingsmart

Hey all, new hire here! Going to receive a $250 wfh credit; any recs on what I should get to build out my home office?

like

Has anyone here been fired from (or counseled out of) a consulting role? Do you feel that it was justified? What did you do to bounce back?

like

Hello Everyone,
I'm looking at a career in consulting. Anyone here who got a job without a undergrad degree (I'm currently pursuing a business diploma.

like

Hey 🐠, what are your recommendations of books, articles, or practice tips to improve communication, both verbal and written? Want to be stronger at running meetings, pitching ideas, writing (cont’d)

like

What can I do outside the office to boost my resume and be a substantially more attractive candidate for top consulting firms in ~12 months time. Working in disputes and valuation role but want to go into management consulting next year (post MBA role). I feel like my job isn’t enough because skills aren’t considered as transferable outside this field.

like

I’ve recently learned the power of pauses and its changing my whole game! Be comfortable with that silence. Let it linger in the air. The pause does the talking for you. The other person always caves and fills that silence with what you need. The ✨pause✨

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal