Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Business Development Manager
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Business Development Manager is expected to identify and develop new business opportunities, build relationships with prospective and existing clients, and contribute to revenue growth in Singapore. Typical requirements include a degree in business, finance, marketing, or a related discipline, relevant banking or financial-services experience, strong commercial awareness, and a proven record in sales, partnerships, or client acquisition. The successful candidate should communicate confidently, negotiate effectively, understand customer needs, and work well with internal product, risk, operations, and relationship teams. Familiarity with banking products, digital solutions, regulatory requirements, and the Singapore market is advantageous. The role also requires initiative, sound judgment, resilience, and the ability to meet performance targets while maintaining high professional and compliance standards.
Can I work in Singapore?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.
Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.
What the job usually comes with in Singapore
Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.
| Housing | Not usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law) |
|---|---|
| Relocation | Work Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk |
| Flights | Work Permit staff: flight home paid by the employer (by law); others only if the offer says so |
| Contract | Work Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default |
| Leave | 7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital |
| Income tax | 0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass |
| Health cover | Employer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa, and the Middle East. The bank provides retail, wealth, commercial, corporate, and investment banking services to individuals, businesses, institutions, and governments. Singapore is one of its major global hubs and supports regional client coverage, technology, operations, risk, and financial markets activities. Standard Chartered promotes responsible banking, inclusion, sustainability, and digital innovation, while helping clients manage payments, financing, investments, and international trade. Employees typically work in a multinational environment and collaborate across countries and business lines. The company values integrity, teamwork, curiosity, client focus, and disciplined risk management. Benefits and compensation vary by role, experience, employment level, and business performance.