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Your Thoughts On Nigerian Banks Salaries 2021 - Career (14) - Nairaland

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Re: Your Thoughts On Nigerian Banks Salaries 2021 by sbashir10(m): 7:46pm On Sep 18, 2022
gwininfo:
Wow
I have gotten to medical stage with access bank for a graduate trainee role.....who has any idea of access bank salary structure ?
you’re going to be paid well if you can scale through the hurdles of SBE , probably around 260k after 6 months of training.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by sbashir10(m): 7:48pm On Sep 18, 2022
richmondefosa:


Hi sbashir10,

Thank you for reaching out. Let me provide responses below.

1. Are this role contract or permanent staff roles? Note: the recruitment process didn’t involve any outsourcing team, it was directly between the bank P&C and the candidates
The roles are Full time roles and not contract. You are employed directly by the Bank and you enjoy all the full benefits the bank provides.

2. What position do these above roles occupies in hierarchical working order of Stanbic bank? ( Since those that went to training school are given the rank of (ABO)

I think I explained this earlier. The head of the branch is the BSM (Branch Service Manager). Next in command is TLCS (Team Lead Customer Service). Not all branches have TLCS. Infact, many branches don't have it. After this is Asset Custodian. Next is ATM Custodian then CSO (Client Service Officer). In branches where there is no TLCS, if the BSM is on leave, they may grant the Asset partial rights to stand in. If Asset goes on leave, ATM custodian steps in.

At the end of the day, many of these roles are just mere titles. What matters is your grade in the bank. BTA 1, 2, ABO, BO, SBO, AM, MM, DM, etc. An Asset custodian may be an ABO. TLCS are mostly SBOs Some BSMs are SBOs and AMs

I dont know if i have been able to answer your question. If i haven't, please re-word the question so i can answer to the best of my ability.

3. Are they also considered the same as Support staff as seen in Access Bank? Not professional banker like those that went to training school?
Note: Support staffs in access bank don’t get converted, and only those who got into the bank as interns gets the chance to be converted after passing exams, interviews and training school hurdles etc


They are full time staff or professional staff if i am to borrow your language. Like i said, they are entitled to full benefits of the bank.

4. When converted to full staff from the above roles, does it mean that, the successful candidates will also be trained in the bank training school just like the Graduate trainees that resumes as ABO?

I do not understand the question. They are already full time staff. They are not converting into anything. They don't go to training school like Graduate trainees. They learn on the Job. The bank also schedules other many professional and career trainings for them in the course of their employment. I hope this clarifies? If it doesn't, please let me know.

5. If Question 4 is Yes, will the converted staff be able to make it to the apex of banking careers, like becoming General Manager/ Regional managers and probably CEOs or they have a different career path in the bank that’s different from those that enters the bank as ABO?

I know the Head of one of a major dept in the bank personally (i don't want to mention his name here). He started out as a cleaner in the bank. Go and read the story of Sim Tshabalala who is the joint Chief Executive of the Standard Bank Group and Chief Executive of Standard Bank South Africa (Stanbic IBTC is a member of the standard bank group).

So, regardless of how you joined the bank, you can become the CE. grin

6. what range of salary should a CSO/ATM/Asset custodian candidates without any banking experience be expecting when fully employed. I hope this isn’t a personal question?

The salary range as i know it used to be 180k for BTA 1grade who are newbies who joined the bank without experience (Not graduate trainees o)

BTA 2 is 254k if you are BT 2 and you get promoted to ABO, your salary climbs to about 400. Meanwhile, Graduate trainees who become ABO get 350k.

please note that these salaries i mentioned are NET pay. That is your take home pay. The money that enters your account after all statutory deductions.

I hope i have been able do do justice to your questions?

Also,

I have been getting lots of mails from many of you. I am trying to keep up. Bear with me.

Please note that i am responding but the mails are bouncing back. The error message is something like mailer-daemon@yahoo.com. It does not deliver.

If you need me, please mention me on this thread or reach out alternatively on love.richmond@unn.edu.ng


Thank you sir. I appreciate and God bless
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Idrismusty97(m): 7:58pm On Sep 18, 2022
sbashir10:
you’re going to be paid well if you can scale through the hurdles of SBE , probably around 260k after 6 months of training.
It's 179k. They deduct about 80k for compulsory car loan which would be given to him on confirmation 6 months after training school.

3 Likes

Re: Your Thoughts On Nigerian Banks Salaries 2021 by gwininfo(m): 8:16pm On Sep 18, 2022
Idrismusty97:
It's 179k. They deduct about 80k for compulsory car loan which would be given to him on confirmation 6 months after training school.

Do you think it's a good place to start a career?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by KingClown(m): 11:32pm On Sep 28, 2022
gwininfo:
Wow
I have gotten to medical stage with access bank for a graduate trainee role.....who has any idea of access bank salary structure ?

useless bank....dont stay there for too long.

when you make am, leave dem before they leave you.


congrats sha.

your salary is meant to be 250 something but you'll be given a Kia car as a loan and you'll be earning around 180+

if you're not in head office better leave dem before they leave you

4 Likes 1 Share

Re: Your Thoughts On Nigerian Banks Salaries 2021 by sbashir10(m): 6:41pm On Sep 30, 2022
KingClown:


useless bank....dont stay there for too long.

when you make am, leave dem before they leave you.


congrats sha.

your salary is meant to be 250 something but you'll be given a Kia car as a loan and you'll be earning around 180+

if you're not in head office better leave dem before they leave you


There’s a bond of fidelity usually attached with Access. You pay 2M if you’re leaving within 2years
Re: Your Thoughts On Nigerian Banks Salaries 2021 by DevilsEqual(m): 10:04am On Oct 01, 2022
KingClown:


useless bank....dont stay there for too long.

when you make am, leave dem before they leave you.


congrats sha.

your salary is meant to be 250 something but you'll be given a Kia car as a loan and you'll be earning around 180+

if you're not in head office better leave dem before they leave you



What made u say all these, do u have a sour experience with them?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by KingClown(m): 10:34am On Oct 01, 2022
DevilsEqual:

What made u say all these, do u have a sour experience with them?
nope, nobody fit use me.
before dem use me I go use my sense.

3 Likes

Re: Your Thoughts On Nigerian Banks Salaries 2021 by DevilsEqual(m): 2:53pm On Oct 01, 2022
KingClown:


nope, nobody fit use me.

before dem use me I go use my sense.
Then sir, how do u know this much about them?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by KingClown(m): 5:09pm On Oct 01, 2022
DevilsEqual:

Then sir, how do u know this much about them?

comrade how I know some information isnt important, what's important is how the information will be useful to you.


generally the only set of people that are indispensable in the financial sector are mostly tech guys and specialists like lawyers

if you're not in these category, my brother better gather your money and venture into something else.

for example 2 consecutive C's in your appraisal na sack get you for access bank. do you know the funny part ? access bank is greatly under staffed, instead of hiring more guys dem refuse and over-use the small available ones.

you fit be ABO but you go dey do work of branch manager dey collect ABO salary.

in all you do try start business for side side or stack your bar.

1 Like

Re: Your Thoughts On Nigerian Banks Salaries 2021 by mykel2yc(m): 11:51pm On Oct 05, 2022
Someone with experience should please give me their opinion on this.

Between First bank and UBA, who has the better offer?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Sonoyom(m): 6:01am On Oct 06, 2022
mykel2yc:
Someone with experience should please give me their opinion on this.

Between First bank and UBA, who has the better offer?
If the better offer is finance then UBA has a better offer, but I can't say the same as regards staff welfare.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by mykel2yc(m): 9:20am On Oct 06, 2022
Sonoyom:

If the better offer is finance then UBA has a better offer, but I can't say the same as regards staff welfare.

Thank you for your response
Re: Your Thoughts On Nigerian Banks Salaries 2021 by silverkings: 2:45am On Oct 14, 2022
Good morning all. UBA and Firstbank which one is better. A friend is confused to choose between the two banks. Offer letter for firstbank just dropped and UBA about to commence training school. I'd be grateful if swift response is given. Thanks
Re: Your Thoughts On Nigerian Banks Salaries 2021 by DevilsEqual(m): 9:00am On Oct 14, 2022
richmondefosa:


Hi sbashir10,

Thank you for reaching out. Let me provide responses below.

1. Are this role contract or permanent staff roles? Note: the recruitment process didn’t involve any outsourcing team, it was directly between the bank P&C and the candidates
The roles are Full time roles and not contract. You are employed directly by the Bank and you enjoy all the full benefits the bank provides.

2. What position do these above roles occupies in hierarchical working order of Stanbic bank? ( Since those that went to training school are given the rank of (ABO)

I think I explained this earlier. The head of the branch is the BSM (Branch Service Manager). Next in command is TLCS (Team Lead Customer Service). Not all branches have TLCS. Infact, many branches don't have it. After this is Asset Custodian. Next is ATM Custodian then CSO (Client Service Officer). In branches where there is no TLCS, if the BSM is on leave, they may grant the Asset partial rights to stand in. If Asset goes on leave, ATM custodian steps in.

At the end of the day, many of these roles are just mere titles. What matters is your grade in the bank. BTA 1, 2, ABO, BO, SBO, AM, MM, DM, etc. An Asset custodian may be an ABO. TLCS are mostly SBOs Some BSMs are SBOs and AMs

I dont know if i have been able to answer your question. If i haven't, please re-word the question so i can answer to the best of my ability.

3. Are they also considered the same as Support staff as seen in Access Bank? Not professional banker like those that went to training school?
Note: Support staffs in access bank don’t get converted, and only those who got into the bank as interns gets the chance to be converted after passing exams, interviews and training school hurdles etc


They are full time staff or professional staff if i am to borrow your language. Like i said, they are entitled to full benefits of the bank.

4. When converted to full staff from the above roles, does it mean that, the successful candidates will also be trained in the bank training school just like the Graduate trainees that resumes as ABO?

I do not understand the question. They are already full time staff. They are not converting into anything. They don't go to training school like Graduate trainees. They learn on the Job. The bank also schedules other many professional and career trainings for them in the course of their employment. I hope this clarifies? If it doesn't, please let me know.

5. If Question 4 is Yes, will the converted staff be able to make it to the apex of banking careers, like becoming General Manager/ Regional managers and probably CEOs or they have a different career path in the bank that’s different from those that enters the bank as ABO?

I know the Head of one of a major dept in the bank personally (i don't want to mention his name here). He started out as a cleaner in the bank. Go and read the story of Sim Tshabalala who is the joint Chief Executive of the Standard Bank Group and Chief Executive of Standard Bank South Africa (Stanbic IBTC is a member of the standard bank group).

So, regardless of how you joined the bank, you can become the CE. grin

6. what range of salary should a CSO/ATM/Asset custodian candidates without any banking experience be expecting when fully employed. I hope this isn’t a personal question?

The salary range as i know it used to be 180k for BTA 1grade who are newbies who joined the bank without experience (Not graduate trainees o)

BTA 2 is 254k if you are BT 2 and you get promoted to ABO, your salary climbs to about 400. Meanwhile, Graduate trainees who become ABO get 350k.

please note that these salaries i mentioned are NET pay. That is your take home pay. The money that enters your account after all statutory deductions.

I hope i have been able do do justice to your questions?

Also,

I have been getting lots of mails from many of you. I am trying to keep up. Bear with me.

Please note that i am responding but the mails are bouncing back. The error message is something like mailer-daemon@yahoo.com. It does not deliver.

If you need me, please mention me on this thread or reach out alternatively on love.richmond@unn.edu.ng



Good morning sir, i would like to ask if Stanbic do make available to the public, the vacant positions for entry level CSO/ATM custodian so that graduates can apply or how does one go around it since there are not trainee programs for it
Re: Your Thoughts On Nigerian Banks Salaries 2021 by silverkings: 12:41pm On Oct 14, 2022
almustapha942:
I work with UBA currently, joined as an ET in 2019 and was posted straight to the Head office from Training school. Salary is 195k per month. Stanbic sounds like a sweet place though. Guys pls do let me know if there are ever openings for Experienced hire over there. God bless.

Off Topic, UBA is a really nice place to work, always thought it was an old people`s bank but i was proved wrong. But then they have quite a number if grades. ET to SET to ABO to BO to SBO to AM to DM to Manager to SM to AGM to GM to ED i think.

Good afternoon Sir. I sent you a mail. I'm patiently waiting for your kind response. God bless you
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Bond4141(m): 6:26pm On Oct 14, 2022
Please who know First bank GT salary for the 6 months training and after the 6 months training. Also their welfare package for GT
Re: Your Thoughts On Nigerian Banks Salaries 2021 by KingClown(m): 8:19pm On Oct 14, 2022
Pls what's the pay structure for stanbic pension managers?

How different is it compared to stanbic bank ?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Sonoyom(m): 10:23pm On Oct 14, 2022
Bond4141:
Please who know First bank GT salary for the 6 months training and after the 6 months training. Also their welfare package for GT

70k during training

133k for first 6months after training.

195k to 210k depending on your location after confirmation.

3 Likes

Re: Your Thoughts On Nigerian Banks Salaries 2021 by silverkings: 3:08am On Oct 15, 2022
Sonoyom:


70k during training

133k for first 6months after training.

195k to 210k depending on your location after confirmation.

Please do you know that of UBA? Thanks
Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 8:11am On Oct 15, 2022
Hello good people.

Glad to be back.

I'm here with some more good news.

Many people are joining us. What's more beautiful? It's the fact that they got on the train from this thread. Some smart ones tracked me to Twitter and LinkedIn.

Attached is a screenshot of appreciation I got yesterday.

I'm thankful and happy.

Let me also apologize for not being able to keep up.

Mixing work with study is hard. I'll try to keep up while responding and providing feedback to the tons of mails I keep on getting. Y'all bear with me with my delayed response. I'll do better.

Cheers to more congratulations

4 Likes

Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 8:14am On Oct 15, 2022
KingClown:
Pls what's the pay structure for stanbic pension managers?

How different is it compared to stanbic bank ?


Hi kingclown!

At the moment, I have no information about this. However, I'll ask a few persons and provide feedback in the coming days.

I'm certain they're on the same grade or a tiny fraction of difference.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 8:29am On Oct 15, 2022
DevilsEqual:



Good morning sir, i would like to ask if Stanbic do make available to the public, the vacant positions for entry level CSO/ATM custodian so that graduates can apply or how does one go around it since there are not trainee programs for it

Don't call me sir please. cry

Yes. Stanbic makes those vacancies public.
I know several persons who joined via that route. They're no trainee programs for it.

I was once temporarily banned for posting Stanbic vacancies on this thread.

We currently have a couple of vacancies within the Bank. Location is at the various head office campuses.

1 Like

Re: Your Thoughts On Nigerian Banks Salaries 2021 by KingClown(m): 9:37am On Oct 15, 2022
richmondefosa:


Hi kingclown!

At the moment, I have no information about this. However, I'll ask a few persons and provide feedback in the coming days.

I'm certain they're on the same grade or a tiny fraction of difference.

thank you so much.

I'll be waiting.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Sonoyom(m): 3:56pm On Oct 15, 2022
silverkings:


Please do you know that of UBA? Thanks

UBA is 60k during the training, 3 months online, 3 months in-branch.

259k after the training.

4 Likes 1 Share

Re: Your Thoughts On Nigerian Banks Salaries 2021 by silverkings: 4:29pm On Oct 15, 2022
Sonoyom:


UBA is 60k during the training, 3 months online, 3 months in-branch.

259k after the training.

Thank you
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Rich4god(m): 5:58pm On Oct 15, 2022
richmondefosa:


Hi

Boss... How far. Been more than 3 months after my last test and submission of documents.

I haven't hrd anything from stanbic.

No regret mail no mail for further step.

Should I still be hopeful.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 6:10pm On Oct 15, 2022
Rich4god:


Boss... How far. Been more than 3 months after my last test and submission of documents.

I haven't hrd anything from stanbic.

No regret mail no mail for further step.

Should I still be hopeful.

Stay positive and hopeful.

That big news is coming and I can't wait to share in your joy!
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Rich4god(m): 6:58pm On Oct 15, 2022
richmondefosa:


Stay positive and hopeful.

That big news is coming and I can't wait to share in your joy!

I wish I can stand the suspense ..

Seriously, I can't wait for resumption and training.

1 Like

Re: Your Thoughts On Nigerian Banks Salaries 2021 by Bond4141(m): 8:20pm On Oct 15, 2022
Sonoyom:


UBA is 60k during the training, 3 months online, 3 months in-branch.

259k after the training.



Waoh.... Then why is First Bank GT pay so small?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Sonoyom(m): 9:27pm On Oct 15, 2022
Bond4141:




Waoh.... Then why is First Bank GT pay so small?

I don't know

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