Want to advance your career in Banking & Financial Services ?
Here’s what you definitely need to know:
Top Roles in Demand for 2024 in Malaysia This year, these banking & financial services roles are in demand:
Digital Banking Strategy, Projects & Transformation Risk & Governance
Malaysia Average Salary: Banking & Finance This is the average salary in Malaysia for Banking & Finance jobs:
Front Office: Middle & Back Office: Front Office – Global Markets Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Treasury Sales 78 – 192k 192 – 360k 360k+ Treasury Trader 78 – 192k 192 – 360k 360k+
Front Office – Investment Banking Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Corporate Finance 84 – 144k 144 – 192k 192k+ Mergers & Acquisitions 84 – 144k 144 – 240k 240k+
Front Office – Investment Management Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Private Equity 108 – 240k 240 – 400k 400k+ Fund Manager 84 – 216k 216 – 400k 400k+ Research Analyst 60 – 180k 180 – 300k 300k+
Front Office – Transaction Banking Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Cash Management 60 – 120k 120 – 240k 240k+ Trade Finance 60 – 120k 120 – 240k 240k+
Front Office – Wholesale Banking Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Corporate Banking (RM) 55 – 120k 120 – 240k 240k+ SME & Commercial Banking (RM) 55 – 108k 108 – 180k 180k+
Front Office – Digital Banking Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Digital Sales 60 – 96k 96 – 168k 168k+ Digital Products 72 – 120k 120 – 240k 240k+
Middle & Back Office – Operations Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Banking Operations 36 – 96k 96 – 144k 144k+ Project/Change Management 72 – 120k 120 – 240k 240k+ Strategy 72 – 120k 120 – 204k 204k+ Customer Experience 60 – 96k 96 – 240k 240k+ Data Analytics 60 – 120k 120 – 240k 240k+
Middle & Back Office – Finance Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Finance & Performance Management 60 – 120k 120 – 180k 180k+ Regulatory Reporting 72 – 90k 90 – 168k 168k+ Capital Balance Sheet Management 72 – 108k 108 – 180k 180k+ Business Finance 60 – 102k 102 – 168k 168k+
Middle & Back Office – Insurance Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Actuarial – Pricing & Valuation 90 – 180k 180 – 264k 264k+ Claims 48 – 102k 102 – 156k 156k+ Underwriting 48 – 102k 102 – 168k 168k+ Product Development 48 – 108k 108 – 180k 180k+
Middle & Back Office – Internal Audit Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Investment Banking/Treasury 84 – 180k 180 – 216k 216k+ Credit Audit 78 – 164k 164 – 226k 226k+ Branch/Corporate Services 76 – 156k 156 – 214k 214k+
Middle & Back Office – Risk Management Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Market Risk 87 – 181k 181 – 249k 249k+ Operations Risk 88 – 174k 174 – 246k 246k+ Credit Risk 88 – 174k 174 – 240k 240k+
Middle & Back Office – Compliance Job Title Average Annual Salary (MYR): 4 – 7 yrs’ exp Average Annual Salary (MYR): 8 – 12 yrs’ exp Average Annual Salary (MYR): 12+ yrs’ exp Regulatory/Compliance Advisory 102 – 185k 185 – 252k 252k+ Monitoring/Assurance 87 – 150k 150 – 186k 186k+ Project Compliance 102 – 180k 180 – 198k 198k+ AML Policy/Advisory 102 – 185k 185 – 252k 252k+ Transaction Monitoring 87 – 126k 126 – 180k 180k+ KYC 66 – 108k 108 – 156k 156k+
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Back to Ultimate Malaysia Salary Guide
Source: Robert Walters
