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Indian PMET lady thinks there is strong demand for talents in privilege banking in Singapore

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An Indian PMET lady submitted a writing to eFinancialCareers.com seeking advice to work in Singapore.
eFinancialCareers is a global financial markets career site for investment banking, asset management and securities professionals, operated by DHI Group, a US public listed company that operates a network of global job search and news websites.
The Indian lady said she is a “mass-affluent banker” – a relationship manager – currently working for ICICI in Mumbai. However, as her husband would be relocating to Singapore soon, she would be accompanying him to Singapore, hoping to get a job for herself here too.
“I pushed my husband to take the transfer partly because I thought it would be fairly straightforward for me to get one or two initial interviews underway, or at least start talking with a few recruiters in my field. While I knew I was unlikely to land a job all the way from India, I thought I could get the wheels in motion,” she said.
She thinks that she will have a good chance to get a wealth management job in Singapore banking industry because of “strong demand for talent in priority/privilege banking” and she knows “many RMs from India and other foreign countries are already working in the field in Singapore”.
“Unlike most overseas applicants, I’m fully committed to living in Singapore – we’ve already found an apartment there and my Dependant’s Pass visa is already approved. I’m hardly what employers would call a ‘flight risk’,” she added.
“I have a decent CV, and am fairly experienced – I’ve been in banking since 2009.”
She revealed that some weeks ago, she began searching for recruiters in Singapore who deal with banking RM jobs.
“I then contacted 12 of them via Linkedin messages or email. So far none of them have even responded. Next week I’m going to follow up with phone calls, but the initial silence suggests this won’t make much difference,” she said.
“I’m just hoping that when I actually land in Singapore, I’ll be able to speak to recruiters, because they’ll see that I’m ‘on the ground’. I think emails from overseas get deleted or ignored almost by default. On the other hand, perhaps when I do speak to them, they’ll tell me that the job market isn’t great for non-Singaporeans. I’ll just have to wait and see!”
It turns out that she has some ex-colleagues previously working in India, who are now working in Standard Chartered and CitiBank in Singapore.
She revealed, “So far the only people in Singapore who’ve said they’ll meet me are ex-colleagues of my current ICICI workmates – RMs from India now at Standard Chartered and Citi in Singapore. But even they are reluctant to say much until I’ve arrived.”
She said that in the long term, she wants to move from mass-affluent banking to private banking. “Singapore is the wealth hub of Asia, so it’s a far better place than India to make this career move – and many Indian bankers have made the transition a few years after shifting to Singapore,” she added.
“If I achieve my career goal, I’ll get to work on better products and – more importantly – I’ll be making more money. It’s this prospect of being able to earn a lot more in Singapore that is keeping me optimistic about my relocation, despite the unexpected initial setbacks in my job search.”
Interestingly, someone in the thread gave her this advice, “Here’s an idea… Get your ex-ICICI buddies working at StanChart etc to engineer a voluntary resignation of a local staff, and then fill you in that job. Many subcontinentals have gotten jobs in Singapore this way for decades… It’s tried and true!”
What advice would you give to this Indian PMET lady for her to get a job in Singapore’s banking industry?

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SMRT cleans ‘spotty’ train flooring after Lim Tean’s public complaint

SMRT addressed concerns about train flooring in a Facebook post, sharing photos of workers cleaning the fourth-generation C151A trains. The operator noted that this cleaning has been completed on most trains in the C151A fleet. Netizens pointed out the timing, as the cleaning followed a complaint from Peoples Voice chief Lim Tean about “speckled” flooring observed while riding the East-West Line.

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SINGAPORE: Last Friday (4 Oct), SMRT addressed concerns regarding the flooring in some of its trains through a Facebook post, explaining that the surfaces may appear “dull and spotty” due to dirt accumulation trapped within the sealant.

The train operator outlined the steps being taken to restore the flooring to a cleaner condition.

Accompanying the post were photos showing SMRT workers cleaning the fourth-generation C151A trains.

After the initial cleaning is done, workers will then apply a fresh layer of sealant on the floor.

The cleaning process involves two steps: first, scrubbing away the trapped dirt, followed by the application of a fresh layer of sealant.

SMRT also noted that this process has been completed on most trains in the C151A fleet.

While many netizens expressed appreciation for SMRT’s efforts to enhance the appearance of train floors, some suggested extending cleaning maintenance to various stations.

One user pointed out the presence of thick dust and grime, particularly in high-traffic areas such as Orchard, Dhoby Ghaut, Little India, and Farrer Park.

The discussion also referenced a recent Facebook post by Lim Tean, the leader of the Peoples Voice (PV), who first raised the concern about the train floors.

On 1 October, Lim shared an image taken while riding the East-West Line, highlighting the “speckled flooring” he claims is a common sight.

“Doesn’t this look like a train in a third-world country? Has SMRT gone Bohemian, thinking that the trains they operate should exhibit a ‘natural wear and tear’ look, in line with their philosophy of not over-maintaining?” he questioned.

Lim further critiqued the privatisation of public services, alleging that corporate shareholders reap generous returns year after year at the expense of everyday commuters.

Lim’s post has since attracted over 220 shares, sparking further conversation about the state of public transportation in Singapore.

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Will Reddit post claiming 7 BTO failures be POFMAed?

Would a Reddit post from 1 October 2023, claiming seven failures in BTO applications, be POFMAed? The post highlights the frustrations of first-time applicants, though the claims remain unverified.

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Will a Reddit post published on 1 October 2024, titled “Shorter waiting time, but apply 7 times never get home?” be POFMAed as it raises concerns over Singapore’s Build-To-Order (BTO) process?

The post with unverified claims has gained significant attention as it highlights the challenges faced by first-time applicants trying to secure a BTO flat.

It sparked a flurry of responses from other frustrated users, many sharing their own unverified personal experiences of repeatedly failing in the BTO application process. The original poster (OP) expressed frustration after applying for seven projects without success, stirring further discussion on the system’s perceived flaws.

One Reddit user, who shared similar challenges, stated, “Second time applying for the choiciest location, 4-room only, because of my WFH [work from home] and wife’s needs. Probably won’t get it, but it’s OK.”

The user highlighted the importance of accessibility and space, particularly in more desirable locations near essential amenities and transport links. However, like many of the claims made in the thread, this account remains unverifiable and reflects personal anecdotes rather than confirmed data.

Another user shared their own frustrations, saying, “Applied 10 times total, 2 at Tengah without getting a queue number. The rest at odds 3-5, and still didn’t get it. Emailed to appeal, also no use—just ask us to try again.”

This echoes a common sentiment in the thread: that the current BTO balloting system may be flawed, particularly for applicants targeting flats in mature estates.

The discussion also took a more critical turn, with one Reddit user questioning the original poster’s application strategy.

“Every time someone complains about failing to get a BTO more than five times, I ask them to list every single project they’ve applied for. It’s usually followed by radio silence,” the user remarked.

The original poster responded with a list of areas such as Dakota Breeze, Bedok Beacon, and Tampines Green Foliage—popular locations that typically have high application rates.

In response, the user who initially questioned the OP’s strategy pointed out that applicants who repeatedly fail tend to ballot for the most sought-after locations. They added that, based on the list, the OP may have been “unlucky” due to applying for high-demand areas like Bedok and Tampines, while noting that Bedok Beacon was a project from 2016.

The discussion then shifted to why the OP had only applied five times over the past eight years, to which the OP clarified that they had also participated in the Sale of Balance Flats (SBF) and open booking exercises, suggesting they had been actively seeking housing through different avenues.

Although these claims of systemic shortcomings are based on individual experiences and lack official verification, such concerns are common.

Members of Parliament regularly raise questions in Parliament, prompting the Ministry of National Development (MND) and the Housing & Development Board (HDB) to address public housing issues, including unsuccessful applications.

In January 2023, People’s Action Party (PAP) MP Cheryl Chan raised concerns in Parliament about first-time BTO applicants who had failed more than four times between 2017 and 2022.

In response, Minister for National Development Desmond Lee revealed that approximately 2,200 first-time families had been unsuccessful after four or more attempts, with 99% of those applying in mature estates.

Mr Lee advised applicants to consider non-mature estates (NMEs), where competition is lower, and applicants have a better chance of success due to additional ballot chances.

In September 2023, Workers’ Party MP Sylvia Lim questioned whether the HDB flat balloting system could be adjusted to give more weight to applicants with multiple unsuccessful attempts.

In response, Mr Lee reiterated the government’s commitment to helping first-time families, with at least 95% of four-room and larger flats in BTO and SBF exercises set aside for them. First-timer families already receive two ballot chances compared to one for second-timers.

To further improve the chances for first-timers, Minister Lee announced the introduction of the First-Timer (Parents and Married Couples) category.

He noted that in the upcoming BTO launches, this group will receive three ballot chances, providing additional support for families with children under 18 or married couples below 40. These families also benefit from extra priority under the Family and Parenthood Priority Scheme, aimed at addressing their urgent housing needs.

Mr Lee noted that since 2008, first-timers applying in non-mature estates (NMEs) who have had two or more unsuccessful attempts are given an additional ballot chance. He affirmed the government’s ongoing review of the flat allocation system, focusing on keeping public housing affordable and accessible while ensuring that families with the greatest housing needs secure homes in a timely manner.

Will the Reddit post be POFMAed?

The use of POFMA to address public housing claims may be driving Singaporeans to anonymous platforms like Reddit to express their frustrations.

Reddit’s anonymity offers users a safer space to voice concerns, such as dissatisfaction with the BTO system, without the fear of personal consequences that are more likely on identifiable platforms like Facebook.

Mr Desmond Lee has previously issued POFMA directives on HDB-related matters, highlighting the government’s sensitivity to misleading information.

While POFMA is intended to correct falsehoods, its enforcement may push discussions onto less transparent platforms like Reddit, where users feel more secure. As housing remains a sensitive issue, people may turn to anonymous spaces to engage in candid discussions that could invite scrutiny on public forums.

The case of Shaik Amar, a property agent who was issued with a POFMA correction in August 2024, illustrates how enforcement can lead citizens to anonymous platforms.

After his video criticising Singapore’s Ethnic Integration Policy (EIP) led to a correction, Shaik revealed the emotional toll it took on him, his family, and his career. He described the experience as “traumatic,” and shared that it led to confusion and distress within his family, affecting his mental health.

Shaik’s case underscores the deterrent effect POFMA may have on public discourse. His experience suggests that the risk of being publicly named or shamed could drive ordinary citizens to more anonymous spaces like Reddit to voice critiques, particularly on sensitive topics like housing policies.

In these forums, users may feel freer to speak out without facing the social and professional consequences that Shaik endured.

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