Need advices from bankers working in Dubai

[regentcourtsp]

deleted post.

[Lenochka]

Hi,
I guess in order to be able to give some helpful info you will need to be a bit more specific jobwise. A VP/Director in the role of Relationship Manager is different than an IT project manager - and again different to an Ops or Controller person. Also in terms of allowances they also depend upon your family status, i.e. married, kids etc

Regards
Lenochka

[regentcourtsp]

deleted post.

Lenochka

Am interested in getting some advice on my nego as well, if you would be so kind. My previous job was with a top-tier investment bank, derivatives salesperson to corporate and institutional clients. I am currently in discussions about a similar role in Dubai, VP/Director level. While I am still to see a number I am expecting in the region of USD 350-400k all inclusive. Is this comparable to what other bankers doing what I do would get in Dubai? Will this be able to afford me a first-rate lifestyle? I am married, with one kid just over a year old.

Rgds

[Lenochka]

hi Spaniard,
i can't be of a lot of help as I do not know the salary bands for the front office/sales areas. VP level in mid-office/ops like areas in the finance industry are somewhere in the region of 125-200 USD base, depending on company/experience. On top is housing/schooling/car allowance etc. The housing most likely also depends on family cirumstances, i.e. married/kids.

The housing is also individually from company to company, i.e some pay the whole housing, others contribute a large part but not all, some give a flat fee, some adjust annually......basically, it is very individual and a lot depends on your negotation skills.

Regards
Lenochka

Hi Lenochka

Thank you very much for your prompt reply and the reference figures for MO. After going through a lot of other threads it seems like it will be enough for a decent lifestyle so I suppose if the figure is along these lines, I may be moving to Dubai in a couple weeks.

Regards,
Spaniard