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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: Approximately SGD 120,000–SGD 240,000 per year in base salary, 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 responsible for developing and managing relationships with high-net-worth clients, understanding their financial goals, and providing suitable wealth management solutions. Requirements typically include a degree in finance, business, economics, or a related field; relevant private banking or wealth management experience; strong knowledge of investment products; and established client networks, preferably within Southeast Asia. The candidate is expected to acquire new clients, deepen existing relationships, achieve revenue targets, collaborate with investment and product specialists, and maintain high standards of risk management, compliance, and client service. Strong communication, commercial judgment, discretion, and the ability to work in a fast-paced, regulated environment are 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.

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 arm of OCBC Group, one of Southeast Asia’s largest financial institutions. Headquartered in Singapore, it provides wealth management services to high-net-worth individuals, families, entrepreneurs, and institutions across Asia and selected international markets. The bank offers investment advisory, portfolio management, wealth planning, trust, financing, and bespoke banking solutions. Its business is built around long-term client relationships, open architecture, investment expertise, and strong risk and compliance standards. As part of OCBC, Bank of Singapore benefits from the group’s regional network, financial strength, and broad capabilities in consumer, commercial, and corporate banking. The organisation promotes a professional, multicultural working environment and typically seeks candidates who demonstrate integrity, client focus, commercial awareness, and the ability to deliver tailored solutions in a highly regulated private banking setting.

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