From back office clerk to accountant to head of investment, we list the average salaries – and bonuses – of investment bank employees in the City of London.
Settlements:
Clerk: £30,000-£43,000 (plus 10pc bonus)
Supervisor: £40,000-£55,000 (plus 15pc bonus)
Manager: £48,000-£70,000 (plus 20pc bonus)
Trade Support:
0-1 years: £25,000-£30,000 (plus bonus dependent on trader or broker performance)
More than 3 years: £40,000-£60,000 (plus bonus dependent on trader or broker performance)
Financial Control:
Newly qualified: £35,000-£45,000 (plus 5 to 7pc bonus)
Director: £85,000-£130,000 (plus 40 to 60pc bonus)
Regulatory Accountant:
Newly qualified: £35,000-£48,000 (plus 5 to 7pc bonus)
Director: £90,000-£110,000 (plus 40 to 60pc bonus)
Private banker/Client portfolio manager:
1-3 years: £30,000-£45,000 (plus 10 to 30pc bonus)
More than 10 years: £80,000-£100,000 (plus 40 to 100pc bonus)
Investment analyst:
1-3 years: £40,000-£65,000 (plus 0 to 100pc bonus)
More than 10 years: £110,000-£130,000 (plus 0 to 100+pc bonus)
Fund manager:
5-8 years: £70,000-£100,000 (plus 0 to 100pc bonus)
More than 10 years: £110,000-£150,000 (plus 0 to 100+pc bonus)
Chief investment officer/Head of investment:
£130,000 (plus 100+pc bonus)
• Michael Page Financial Services: Salary Survey 2010
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8210778/What-investment-bankers-earn.html
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8210778/What-investment-bankers-earn.html