Investment Banking Jobs in Singapore 2025: Hiring Trends, Salaries, and What Employers Need to Know

GeneralDecember 11, 2025 12:00

A Singapore skyline over the financial district symbolising the growth of Investment Banking and Finance jobs in 2025.

This article is written in English for readers in Singapore. Chinese and Japanese translations are available on our website. 

Investment Banking Jobs in Singapore 2025: Hiring Trends, Salaries, and What Employers Need to Know

Singapore has solidified its role as one of Asia’s most reliable and resilient Investment Banking (IB) hubs, even as global markets faced restructuring and headcount shifts from 2023 to 2025. While some global banks have trimmed teams in Europe and the US, Singapore remains a strategic hiring centre—especially for high-governance functions such as Risk, Treasury, Compliance, and specialist front-office roles.

This article explores the latest talent trends, salary expectations, and candidate motivations, using data from:

Whether you are an employer planning your 2025 headcount or a finance professional looking for your next step, this guide provides clear, data-backed insights into Singapore’s evolving Investment Banking landscape.

1. Hiring Demand Across Front, Middle, and Back Office

Front Office: Selective but Consistent Hiring

Despite global consolidation, Singapore continues to hire for Analyst and Associate roles, especially within:

  • Mergers & Acquisitions (M&A)
  • Equity Capital Markets (ECM)
  • Debt Capital Markets (DCM)
  • Sector coverage teams

Interestingly, 29% of finance employers say they struggle to find talent who can balance financial modelling excellence with stakeholder communication, making these candidates in high demand.

Middle Office: Strongest Growth in 2025

The Singapore Hiring Manager Report highlights a growing need for middle-office professionals across:

  • Risk Management
  • Treasury & Liquidity
  • Product Control
  • Valuations

This demand is driven by MAS tightening regulatory expectations and Singapore’s increasing role as a regional treasury hub.

Back Office: Stability and Demand Parallel to Regulation

Hiring remains steady for:

  • Regulatory Reporting
  • KYC / AML
  • Trade Operations
  • Settlements

As compliance becomes more complex, banks are expanding BO teams to support stringent internal controls and MAS-mandated governance.

2. What IB Candidates Want (Based on APAC Workforce Data)

A key part of attracting strong IB talent is understanding why they change roles. From the APAC Workforce Whitepaper and Singapore-specific data, the main drivers are:

2.1. Salary and Bonus Visibility

  • 67% of Singapore workers say compensation is the top reason to switch jobs.
  • IB candidates expect 10–20% increments for lateral moves.
  • Bonus transparency—how it is calculated and weighted—plays a major role.

2.2. Career Progression

58% of workers across APAC cite lack of advancement as their top frustration.

IB candidates want clearly defined pathways, such as:

  • Analyst → Associate
  • Associate → VP
  • VP → Director

2.3. Stability and Brand Reputation

After global restructuring, mid-career professionals—especially in Risk & Finance—prioritise employer stability.

2.4. Work-Life Flexibility

72% of Singapore workers want hybrid arrangements.

  • MO/BO roles often expect 2–3 days WFH.
  • FO remains mostly onsite but increasingly appreciates flexible hours.

2.5. Leadership Quality

Over 53% of respondents leave jobs due to poor leadership.

Strong, respectful, structured leadership is highly valued in IB settings.

2.6. Training and Upskilling

Candidates increasingly want companies to support:

  • CFA / FRM
  • ESG certifications
  • Data analytics (Python, SQL)
  • Automation tools

3. Salary Trends (Reeracoen Market Data)

Below are indicative salary ranges for Singapore’s Investment Banking and finance functions.

Front Office (Investment Banking)

  • Analyst: SGD 5,500 – 8,000
  • Associate: SGD 8,000 – 13,500
  • VP: SGD 13,000 – 22,000

Risk & Compliance

  • Risk Analyst: SGD 5,000 – 8,500
  • AML / Compliance: SGD 4,500 – 10,000
  • Risk Manager: SGD 8,000 – 11,000

Finance & Treasury

  • Finance Analyst: SGD 4,800 – 7,500
  • Finance Manager: SGD 6,000 – 11,000
  • Treasury Analyst: SGD 5,000 – 8,500

Operations (BO)

  • Operations Analyst: SGD 4,000 – 7,000
  • Trade Support: SGD 4,500 – 6,500

Fintech vs Banking:
Fintech may offer higher upside and ESOP, but banks remain attractive for stability, governance, and structured learning.

4. Internal Mobility: Banking → Fintech → Buy-Side

36% of Singapore finance professionals are open to switching industries.

Popular pathways include:

  • IB → Private Equity
  • Treasury → Fintech Payments
  • Compliance → Digital Banks
  • FP&A → Tech or Ecommerce Firms

This mobility affects employer retention strategies and talent availability.

5. How Reeracoen Supports Banking & Finance Hiring

Reeracoen offers:

  • Deep access to mid–senior finance talent
  • A strong Japanese and bilingual candidate network
  • Structured screening aligned with IB expectations
  • Regional sourcing (SG, JP, VN, TH, MY)
  • Support for confidential and niche searches
  • Talent insights used by thousands of hiring managers in APAC

Our recruitment teams work closely with employers to understand technical, cultural, and long-term workforce needs.

 

Frequently Asked Questions (FAQ)

1. Is Singapore still hiring in Investment Banking in 2025 - 2026?

Yes. Hiring remains selective but stable, especially in MO/BO roles and junior FO levels.

2. Are salaries increasing in finance?

Yes—especially for Risk, Compliance, FP&A, and Treasury due to regulatory complexity.

3. What skills are most in demand?

Financial modelling, ESG knowledge, automation, compliance, and strong communication.

 

📩 Hiring Finance Talent in Singapore?
Access our pool of pre-screened, high-quality Investment Banking and Finance professionals.
 → Contact our Client Solutions Team here

📌 Looking for Your Next Banking or Finance Role?
Explore exclusive IB & Finance opportunities in Singapore.
 → Submit your CV here


✅ Final Author Credit
By Valerie Ong (Regional Marketing Manager)
Published by Reeracoen Singapore — a leading recruitment agency in APAC.

 

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