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 Management Trainee (Public Bank), ?

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Donchay
post Dec 9 2013, 11:11 PM

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QUOTE(nicole_4ever @ Dec 9 2013, 08:28 PM)
as expected..last time i went before for their interview...

with no stated position..

but actually doing sales at pb might be not bad...starting salary is 2.8.
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When talking about sales, what are the products? Could you or somebody else shed some light for me as I'm going to interview on 12th. Thanks.

Besides sales, what are the positions available? Is it possible to ask for a vacancy like finance analyst, risk analyst, presumebly I dunno the pre-requisites?

Thanks.
Donchay
post Jan 20 2015, 09:07 PM

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It is a hellish place. Once I got my confirmation next month I ciao as soon as I can.

Im a branch operation officer. Start as GT and getting my promotion next month to SOO. My pay was less then the new GT for this year as they adjusted the salary. Remember new guys, the bank give you 3k to get 9k worth of work from you.

Nevertheless, if you can survive, you will be stronger and wiser. It is a good training ground for freshies like me, but I would not recommend it as a place for growth and advancment. Like previous post, full of politics. Seniors and managers just caring for their own azz and if you want to learn pointing fingers to each other this is definitely the place. So dun be surprise if GTs like me kena bully in the branch and take all the blame la. Yes you may retaliate, but ended up u suffer more since you make everyone ur enemy.

Good luck.
Donchay
post Jan 21 2015, 03:23 PM

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QUOTE(Pbr016 @ Jan 21 2015, 07:36 AM)
Hi, branch operation exe need to cross sell also?
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Yes. By cross selling means you ask the customer to use more facilities of the bank. For eg E-Banking, Gold Investment account etc that the customer currently doesnt have. The truth is that you are all taken up by daily branch operations to the level which you wont have the time to do cross selling. Furthermore you will be seated behind the tellers which make communication with the customer difficult unless you walk away from your desk.
Donchay
post Jan 21 2015, 10:35 PM

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QUOTE(Pbr016 @ Jan 21 2015, 09:39 PM)
Yaya, agree with u.. I also working in branch opearation, just different bank with u, lolx.. I went for pbb interview last 2 weeks and today I received HR letter saying that I was rejected. Quite upset actually as I put high hope to getting this job.
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Mind sharing which bank and your experience working in your branch?
Donchay
post Oct 18 2016, 03:39 PM

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Good luck all Management Trainees.
Donchay
post Nov 21 2016, 08:45 PM

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Increment is low and slow, usually u got ur backdated increment around Sept.
Those who are in the HQ could be better off than those in branch, again depends on which dept.
Those who work in branches, make sure u get A size branches, other than A size branches I suggest you to drop your application and hunt for something else.
PBB is a typical Cinaman company with very oldschool system in terms of technical and cultures, they are in the process of improving but the speed is slower than a dial up connection.
In branches other than size A, On the grooming part, they expect you to do from A to Z, saying that you are specialize in one dept is a joke; you will never specialize.
PBB is a good training ground for you to learn and see a bigger picture of what a bank is doing, however is still small relatively to what the banks are really doing. I recommend ppl to get in for one year and then can ciao dy, unless they give you a good offer.
The whole banking group culture is similiar to a cult; the founder nevertheless a very successful and respectable person, is often treated like a God-like entity. You will see how they describe in the lyrics and choreography during Annual Dinner.

Overall 2 out of 10 marks I would rate my exp.
Donchay
post Dec 7 2016, 07:06 PM

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QUOTE(BlueBerry~ @ Dec 6 2016, 10:42 PM)
I wouldn't say that Pbb is desperate. They are always hiring people, main reason being a lot of Pbb processes require manual processing unlike other banks. Systems no longer being used by other banks are still being used at Pbb. So be prepared to work with very very dated technology.

I can't say much about the departments you mentioned, but just understand that no matter what department you get into. It's gonna be a very stressful time. The bank is not a friendly place if you can't handle a high amount of stress and pressure. Especially if you get sent to work at branches.

However, the bank does treat their staff well. Pbb is known to be the bank with the best benefits in the industry.
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I beg to differ.
The bank has the 'best benefit' , the term 'best benefit' refers to staff housing loan and car loan. Both offers a low rate for staff compare to it peers, as a way to retain the staff from leaving.
If we were to compare other benefits and allowances, Public Bank is way way way behind i.e HSBC has lifestyle allowance of 1.2k per year etc, vision care allowances.

If you are not taking up a housing loan or a car loan, you ended up just earning the wages. And mind you, there are some TnC that is very crucial to follow while purchasing a house using staff loan that at times, render it useless.

Donchay
post Jan 17 2018, 11:45 PM

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QUOTE(Tsch_28 @ Jan 6 2018, 03:13 PM)
Hey, thank you for the encouraging words!Good luck with your application, i am sure they will be getting back to you soon smile.gif
As for the reason why i prefer Public bank is merely because my financial state actually limits me to go somewhere too far away from my hometown at the moment, do not feel like burdening my parents anymore after all these years. I actually made it clear during the interview i wanted to be positioned in a branch near my current living place.

By the way, which position did you apply to?
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QUOTE(Tsch_28 @ Jan 6 2018, 03:17 PM)
Glad to hear that! biggrin.gif  Mind if i ask are you one of the current PB MT?
I have gotten another offer from Thomson Reuters for research analyst position (to be based in their Penang office), the role matches exactly what i have always wanted to do but unfortunately, when it comes to reality, i have many more to consider other than my own interest.
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Most of the time they wont accomodate to ur request to put u where u requested, it depends on the opening of position of the branches. If the branch nearest to u is in full man power, then prepare to be sent to other locations. In short, they're cinaman company to the max, and u may be relocate especially in ur first 6 months to one year before confirm at MT. You cant say no basically unless u throw letter, they will always hire someone to replace you. This explains the high turnover rate ; ever wondered why the same positions are available for the past 20 years?

Im not sure about Thomson Reuters, but avoid this Bank like the plague. Im not sure why are you saying u have alot more to consider to not go to TR, mind to explain?

Sincerely,
Ex employee of the shitty bank

Donchay
post Oct 2 2018, 11:00 AM

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If you think PBB benefit is good, wait until you join a MNC.

There's plenty of better pay , better environment, better growth out there. If you think PBB has the best benefit you might want to reconsider.

Cant argue with the 2percent staff housing loan, its like the opium given to the staff in order to retain them, so nothing to brag here.
Donchay
post May 20 2020, 02:22 AM

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finally the bank moved on from 2.8k .

So it is 3.3k starting now... it was my last drawn salary from the bank lol

 

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