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Please Note

  • An estimate based on public data for similar roles. Not provided by the employer.

Relationship Manager

Singapore Bank of Singapore Limited Estimated salary: S$8,000–S$15,000 per month, plus performance bonus and benefits
Role summary

Written by MyIslandJob from the job title and employer. See the employer's page for the full description.

The Relationship Manager is expected to build and manage trusted relationships with high-net-worth clients, understand their financial objectives, and provide suitable investment, financing, wealth-planning, and banking solutions. Responsibilities typically include developing new business, deepening existing client relationships, preparing investment proposals, coordinating with product specialists, and maintaining strong service standards. Candidates should have relevant private banking or wealth management experience, a strong understanding of investment products and financial markets, excellent communication and networking skills, and a proven ability to acquire and retain clients. Professional qualifications and familiarity with Singapore regulatory requirements are advantageous. The role requires commercial judgment, integrity, discretion, teamwork, and careful attention to compliance and suitability obligations.

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.

HousingNot usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law)
RelocationWork Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk
FlightsWork Permit staff: flight home paid by the employer (by law); others only if the offer says so
ContractWork Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default
Leave7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital
Income tax0% 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 coverEmployer 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 Bank of Singapore Limited

Bank of Singapore Limited is the private banking subsidiary of Singapore-based OCBC Group, one of Southeast Asia’s largest financial institutions. Headquartered in Singapore, the bank serves high-net-worth individuals, families, entrepreneurs, and institutions across Asia and selected international markets. Its services include wealth management, investment advisory, portfolio management, lending, trust solutions, and estate planning. Bank of Singapore combines OCBC’s regional banking strength with a more specialised private-banking model, offering clients access to investment ideas, financing solutions, and global markets expertise. The organisation places strong emphasis on long-term relationships, responsible advice, risk management, and regulatory compliance. Employees typically work in a multicultural environment and collaborate with investment, product, credit, compliance, and client-service teams. Compensation and seniority for Relationship Manager roles can vary considerably depending on the candidate’s market coverage, client portfolio, experience, and business results.

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