Business Management Director, Private Banking

Michael Page (Hong Kong); Hong Kong; On-site; HKD 1,200,000 - 1,800,000; Full time

Job summary

Michael Page is recruiting for a high-visibility role within a well-established international bank’s private banking division in Hong Kong. The successful candidate will partner with senior management and frontline teams to execute strategy, oversee governance, and drive growth across risk, compliance, and operations.

Requirements include a finance/economics-related degree and a minimum of 7 years in private banking or wealth management, with strong KYC/AML knowledge, stakeholder management, and

Qualifications

• Degree holder in Finance, Business Administration, Economics, or a related discipline.
• Minimum 7 years of experience within Private Banking, Wealth Management, Business Management, Platform Management, or Front Office Support functions.
• Strong understanding of private banking operations, client onboarding, KYC/AML processes, and regulatory requirements.
• Knowledge of wealth management products including fixed income, equities, foreign exchange, mutual funds, structured products, and alternative investments.
• Proven ability to work effectively with multiple stakeholders across business, risk, compliance, and operations functions.
• Strong analytical, organizational, and problem-solving skills with attention to detail.
• Excellent communication and interpersonal skills with the ability to work in a fast-paced environment.
• Professional qualifications such as ECF-PWM, CFA, FRM, or relevant industry certifications would be advantageous.

Responsibilities

• Act as a trusted business partner to senior management and frontline teams, supporting the execution of business strategy, operational initiatives, and business growth objectives.
• Oversee governance and control processes, ensuring adherence to internal policies, regulatory requirements, and risk frameworks.
• Partner with Front Office, Operations, Risk, Compliance, and KYC teams to enable onboarding, reviews, and resolve operational matters.
• Monitor and coordinate client lifecycle management activities, ensuring regulatory reviews and documentation are completed in a timely manner.
• Manage business reporting, tracking mechanisms, and management information to support governance and performance monitoring.
• Investigate operational issues, drive resolution of escalations, and coordinate with stakeholders for effective closure.
• Support strategic initiatives, process improvements, system enhancements, UAT, and change management activities.
• Maintain oversight of governance activities, approvals, and audit trails to ensure compliance.
• Identify opportunities to streamline processes, enhance controls, and improve efficiency within private banking.

Education

Bachelor's degree in Finance, Business Administration, Economics, or related discipline

Job description

• High-visibility role partnering closely with senior private banking leaders.
• Broad exposure across business management and strategic initiatives.

About Our Client

Our client is a well-established international bank with a strong presence in wealth management and private banking.

Job Description

• Act as a trusted business partner to senior management and frontline teams, supporting the execution of business strategy, operational initiatives, and business growth objectives.
• Oversee business governance and control processes, ensuring adherence to internal policies, regulatory requirements, and operational risk frameworks.
• Partner closely with stakeholders across Front Office, Operations, Risk, Compliance, and KYC functions to facilitate efficient onboarding, periodic reviews, and resolution of operational matters.
• Monitor and coordinate client lifecycle management activities, ensuring regulatory reviews, documentation requirements, and control processes are completed in a timely manner.
• Manage business reporting, tracking mechanisms, and management information to support governance, risk oversight, and business performance monitoring.
• Investigate operational issues, drive resolution of escalations, and coordinate with relevant stakeholders to ensure effective issue closure.
• Support and participate in strategic initiatives, process improvement projects, system enhancements, user acceptance testing (UAT), and change management activities.
• Maintain oversight of governance-related activities, approvals, and audit trails to ensure compliance with internal standards and regulatory expectations.
• Identify opportunities to streamline processes, enhance controls, and improve overall operational efficiency within the private banking business.

The Successful Applicant

• Degree holder in Finance, Business Administration, Economics, or a related discipline.
• Minimum 7 years of experience within Private Banking, Wealth Management, Business Management, Platform Management, or Front Office Support functions.
• Strong understanding of private banking operations, client onboarding, KYC/AML processes, and regulatory requirements.
• Knowledge of wealth management products including fixed income, equities, foreign exchange, mutual funds, structured products, and alternative investments.
• Proven ability to work effectively with multiple stakeholders across business, risk, compliance, and operations functions.
• Strong analytical, organizational, and problem-solving skills with attention to detail.
• Excellent communication and interpersonal skills with the ability to work in a fast-paced environment.
• Professional qualifications such as ECF-PWM, CFA, FRM, or relevant industry certifications would be advantageous.