Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Wealth & Retail Banking Intern Singapore 2027
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
This internship is suited to an undergraduate interested in wealth management, retail banking and financial services. Candidates are generally expected to be pursuing a relevant degree, such as finance, economics, business, mathematics or a related discipline, with strong academic performance and an expected graduation date aligned with the programme. The role may involve supporting client coverage, market research, business analysis, product development, reporting and day-to-day banking initiatives. Strong numerical, analytical, communication and presentation skills are important, along with proficiency in Microsoft Office. The successful candidate should be curious, commercially aware, collaborative and comfortable working in a fast-paced, multicultural environment. Integrity, attention to detail, willingness to learn and the ability to manage confidential information are also essential.
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 presence across Asia, Africa and the Middle East. The bank provides personal, private, business and corporate banking, wealth management, financial markets and transaction banking services. Singapore is one of its major regional hubs and supports a broad range of global and Asia-focused operations. Standard Chartered positions itself as a bank connecting clients to opportunities in markets with significant growth potential. Its culture places emphasis on inclusion, responsible banking, innovation, collaboration and long-term client relationships. Interns typically gain exposure to experienced professionals, structured projects and the bank’s products, technology and operating processes. The organisation also promotes professional development through networking, learning resources and early-career programmes. Specific team responsibilities, eligibility rules and compensation can vary according to the business area and recruitment cycle.