Financial Director for Private Banking Division
1 week ago
The ideal candidate will drive the overall strategy, growth, and profitability of the Wealth Management and Private Banking division.
About the Role- Develop and implement a comprehensive strategy for Wealth Management and Private Banking in line with the organization's goals.
- Identify market trends and new business opportunities to drive revenue growth and client acquisition.
- Collaborate with other business units to ensure seamless delivery of client solutions.
- Earn top-tier client satisfaction and retention through excellent service standards.
- Lead, mentor, and develop a high-performing team of relationship managers and support staff.
- Set performance targets, conduct regular performance reviews, and provide career development opportunities for team members.
- Stay updated on the latest wealth management trends and regulatory changes to ensure competitiveness.
- Maintain compliance with regulatory standards, legal requirements, and company policies.
- Provide regular reports on business performance and key financial metrics to senior management.
- Minimum 10-15 years of relevant experience in Wealth Management or Private Banking, with at least 5 years in a senior leadership role.
- Proven track record of managing relationships with HNWI/UHNWI clients.
- Experience in developing and executing business strategies that drive growth in wealth management services.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field (Master's degree or MBA is a plus).
- In-depth knowledge of investment products, financial markets, and wealth management solutions.
- Strong leadership skills, with demonstrated ability to lead large teams and build a high-performance culture.
- Familiarity with regulatory environments in private banking and wealth management.
Office location: Singapore, Central. Estimated annual salary range: SGD $200,000 - $300,000, depending on experience and qualifications.
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