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Please Note

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

Risk Specialist - Valuation (Assistant Manager/Manager)

Singapore Bank of Singapore Limited Estimated salary: SGD 90,000–SGD 160,000 per year, excluding bonus and benefits
Role summary

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

The role supports valuation risk management within Bank of Singapore, covering the review, monitoring and governance of valuations used for lending, investment and risk decisions. Responsibilities may include assessing valuation methodologies, reviewing independent valuations, identifying exceptions, conducting risk analysis, preparing management reports and working with front office, credit, risk and external valuation specialists. Candidates should have a degree in finance, economics, real estate, accounting, mathematics or a related discipline, along with relevant experience in valuation, credit risk, market risk, financial analysis or private banking. Strong analytical, communication and stakeholder-management skills are expected, together with sound judgment, attention to detail and familiarity with valuation controls, policies and regulatory requirements.

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 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 other international markets. Its services include wealth planning, investment advisory, portfolio management, financing, trust and estate solutions, and banking services. Bank of Singapore combines the resources and regional network of OCBC with a specialist focus on private wealth management. The organisation places strong emphasis on responsible investing, risk governance, client confidentiality, regulatory compliance and long-term relationships. Employees typically work in a highly international environment and collaborate with investment, credit, legal, operations and risk teams. The bank’s Singapore operations are supported by established professional standards, structured controls and opportunities to work with complex portfolios and sophisticated clients.

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