• Down Arrow

Career Advice

2022 Salary Guide: Financial Services

January 03, 2022

HK Salary Guide Industries 01

Want to advance your career in Financial Services?

Here’s what you definitely need to know:

Hot Jobs for 2022 in Hong Kong

This year, these financial services specialisations are in demand:

  • Virtual Banking
  • Insurtech
  • Private Banking
  • Distressed Debt and Special Situations Funds
Improve your Resume to land a better paying Finance job. Get inspired by Resume Samples written for mid-level and senior Banking & Finance executives.

CV Sample Download Form – Blog Article






     

    *We’ll email you a link to download the resume samples.

     

    Hong Kong Average Salary: Financial Services

    This is the average salary in Hong Kong for Financial Services jobs:

    Front Office:

    Middle & Back Office:

    Information Technology:

    Front Office – Non-bulge Bracket Investment Banks

    Job Title Average Annual Salary (HKD)
    Experienced Analyst 540 – 720k
    Associate (2.5 – 6 yrs’ exp) 720 – 900k
    Vice President (7+ yrs’ exp) 960k – 1.44m
    Director (10+ yrs’ exp) 1.6 – 2.2m
    Managing Director (15+ yrs’ exp) 1.95 – 2.4m

    Front Office – Bulge Bracket Investment Banks

    Job Title Average Annual Salary (HKD)
    Experienced Analyst 720 – 960k
    Associate (2.5 – 6 yrs’ exp) 840k – 1.38m
    Vice President (7+ yrs’ exp) 1.4 – 1.9m
    Director (10+ yrs’ exp) 1.8 – 2.4m
    Managing Director (15+ yrs’ exp) 1.95 – 2.5m/td>

    Front Office – Wealth Management

    Job Title Average Annual Salary (HKD): 1 – 4 yrs’ exp Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Relationship Manager 650 – 800k 800k – 1.3m 900k – 2.4m
    Product Specialist 500 – 700k 700k – 1.0m 800k – 2.2m
    Investment Analyst 400 – 600k 600 – 900k 900k – 2.2m
    Client Services 360 – 480k 420 – 600k 600 – 800k

    Front Office – Private Equity

    Job Title Average Annual Salary (HKD): 1 – 4 yrs’ exp Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Investment Professional (Global Fund) 900k – 1.3m 1.45 – 2.0m/td> 2.0 – 2.4m
    Investment Professional (Regional Fund) 700k – 900k 1.0 – 1.3m 1.4 – 1.8m
    Investment Professional (Fund of Funds) 650 – 850k 950k – 1.25m 1.25 – 1.5m
    Investor Relations 600 – 850k 900k – 1.2m 1.3 – 1.75m

    Front Office – Asset Management – Investment Research

    Job Title Average Annual Salary (HKD)
    Investment Analyst (1 – 3 yrs’ exp) 470 – 800k
    Senior Investment Analyst (5+ yrs’ exp) 1.2 – 1.6m
    Assistant Portfolio Manager (10+ yrs’ exp) 1.7 – 2.5m
    Portfolio Manager (13+ yrs’ exp) 2.5 – 4.2m

    Front Office – Asset Management – Execution Trading

    Job Title Average Annual Salary (HKD)
    Junior Trader (3 – 4 yrs’ exp) 500 – 800k
    Senior Trader (5 – 8 yrs’ exp) 750k – 1.25m
    Head of Trading (10+ yrs’ exp) 1.35 – 2.0m

    Front Office – Asset Management – Institutional Sales

    Job Title Average Annual Salary (HKD)
    Associate/Assistant (Client services) (3 – 5 yrs’ exp) 400 – 700k
    VP/Manager (Client facing) (5 – 10 yrs’ exp) 900k – 1.4m
    Head of Sales (15+ yrs’ exp) 1.55 – 2.5m

    Front Office – Hedge Fund – Investment Research

    Job Title Average Annual Salary (HKD)
    Junior Analyst (3 – 5 yrs’ exp) 750k – 1.2m
    Analyst (5 – 8 yrs’ exp) 1.2 – 2.0m
    Senior Analyst (8 – 12 yrs’ exp) 1.7 – 2.3m

    Front Office – Hedge Fund – Portfolio Management

    Job Title Average Annual Salary (HKD)
    Assistant/Junior Portfolio Manager (10 – 15 yrs’ exp) 1.7 – 2.7m
    Portfolio Manager (15+ yrs’ exp) 2.2 – 3.2m
    Senior PM/CIO (20+ yrs’ exp) 2.5 – 4.0m

    Front Office – Hedge Fund – Execution Trading

    Job Title Average Annual Salary (HKD)
    Junior Trader (3 – 5 yrs’ exp) 550 – 950k
    Senior Trader (3 – 5 yrs’ exp) 850k – 1.3m
    Head of Trading (10+ yrs’ exp) 1.4 – 1.9m

    Middle & Back Office – Accounting & Finance

    Job Title Average Annual Salary (HKD): 1 – 4 yrs’ exp Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Change Management 240 – 480k 480 – 850k 850k – 1.5m
    Financial & Regulatory Reporting 240 – 360k 360 – 750k 750k – 1.5m
    Fund Accounting & Admin 187 – 480k 450 – 800k 800k+
    Management Reporting 240 – 360k 360 – 750k 750k – 1.5m
    Product Control & Valuation 300 – 450k 450 – 800k 800k – 2.0m
    Tax Planning & Advisory 300 – 500k 500 – 800k 800k – 2.0m
    Treasury 240 – 480k 480 – 840k 840k – 2.5m

    Middle & Back Office – Internal Audit

    Job Title Average Annual Salary (HKD): 1 – 4 yrs’ exp Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Fund & Wealth Management 420 – 600k 600 – 960k 960k+
    IBD & Markets 420 – 600k 600 – 960k 960k+
    Insurance 300 – 540k 540 – 960k 960k+
    Information Technology 450 – 660k 660 – 980k 980k+
    Retail & Commercial Banking 300 – 550k 550 – 820k 820k+

    Middle & Back Office – Risk Management

    Job Title Average Annual Salary (HKD): 1 – 4 yrs’ exp Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Counterparty Risk 240 – 420k 420 – 900k 900k – 1.8m
    Credit Risk 240 – 420k 550 – 780k 900k – 1.8m
    Market Risk 240 – 480k 600 – 1.0m 900k – 1.8m
    Operational Risk 240 – 420k 550 – 800k 900k – 1.5m

    Middle & Back Office – Operations

    Job Title Average Annual Salary (HKD): 1 – 4 yrs’ exp Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Change Management 360 – 500k 500 – 900k 900k – 1.8m
    Client Servicing & Corporate Actions 300 – 480k 480 – 700k 700k – 1.2m
    Collateral Management 300 – 540k 540 – 800k 800k – 1.5m
    KYC/Client Onboarding 300 – 540k 540 – 800k 800k – 1.4m
    Trade Support & Settlement 300 – 540k 540 – 840k 800k – 1.3m

    Information Technology – Application & Development

    Job Title Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Java, C++, .NET Developer 630 – 880k 880k – 1.4m
    UI/UX Developer 480 – 720k 720k – 1.2m
    Quantitative Analyst 660 – 900k 900k – 1.5m
    Quality Assurance/Testing 400 – 480k 480 – 750k
    Application Support 500 – 650k 650 – 960k
    Software Architect 700 – 900k 840k – 1.4m
    Big Data Architect 600 – 840k 840k – 1.4m

    Information Technology – Infrastructure & Cyber Security

    Job Title Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Cloud & Storage 825k – 1.1m 1.1 – 1.5m
    Helpdesk Administrator 396 – 528k 528 – 924k
    Network Engineer 660 – 792k 792k – 1.0m
    Database Administrator 540 – 660k 660 – 800k
    Cybersecurity 600 – 840k 840k – 1.5m
    Technology Risk 650 – 900k 900k – 1.5m

    Information Technology – Project & Change Management

    Job Title Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Program Manager 600 – 950k 950k – 1.8m
    Project Manager 560 – 850k 850k – 1.3m
    Change Manager 560 – 850k 850k – 1.5m
    PMO 610 – 730k 730k – 1.5m
    Business Analyst 480 – 730k 730k – 1.5m
    Project Coordinator/Analyst 360 – 540k 540 – 600k
    Scrum Master & Agile Evangelist 600 – 840k 840k – 1.5m

    Information Technology – Digital Transformation

    Job Title Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Digital Product Manager 700k – 1.0m 1.0 – 1.8m
    Digital Project Manager 700 – 900k 850k – 1.3m
    UX/UI Lead 600 – 900k 900k – 1.5m
    Digital Transformation Manager 600 – 900k 900k – 1.8m
    Lean Consultant 560 – 850k 850k – 1.8m

    Information Technology – Business Intelligence

    Job Title Average Annual Salary (HKD): 5 – 8 yrs’ exp Average Annual Salary (HKD): 8+ yrs’ exp
    Business Intelligence Analyst 490 – 670k 620 – 800k

    Looking to switch jobs this year? We’ve got your back

    Download one of our free CV samples and templates to use. We have templates for different industries and roles.

    While you’re doing up your CV, why not check out our Ultimate CV Guide and Cover Letter Guide?

    They’re chock-full of useful tips for an absolutely killer CV and Cover Letter – our tricks of the trade from over a decade of recruitment experience.

    And if you need some extra help, we’ll even polish up your CV or Cover Letter in no time. Just reach out to us.

    Back to Ultimate Hong Kong Salary Guide

    Source: Robert Walters

    BACK TO TOP

    Popular Articles

    Latest Articles

    Related Articles

    Ultimate Hong Kong Salary Guide for Jobseekers (2022) 

    Featured Articles

    10+ Professional CV Templates (Updated for 2022)

    Job Search Essentials Samples & Templates

    Top 3 Cover Letter Templates (Updated for 2022) 

    Resume & Cover Letter Samples & Templates

    Free CV Feedback Form

    FREE CV ANALYSIS

    Not sure your CV is up to task?

    Fill out the form below, and our team of HR Experts and Recruiters will get in touch to review your CV for the Hong Kong job market.We’ll take a look at your resume, assess the roles you’re applying to, and let you know how your CVcompares against other applicants.We’ll also give you tips and strategies to improve your CV, advance your career goals, and increaseyour interview call up rate.
    Don’t hold back. Talk to us. This consultation is
    100% FREE andnon-obligatory.



      We'll Email You To Get Your CV
      Form Secured by SSL