Deputy General Manager - Retail Banking

Bank of Communications Co.,Ltd.; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Job summary

Bank of Communications Co., Ltd. Hong Kong Branch is seeking an experienced Wealth Management leader to drive market development and strategy execution.

You will oversee the asset allocation framework, marketing campaigns, and product portfolio optimization to strengthen the bank's wealth management offerings. The ideal candidate brings a strong background in retail banking, at least 10 years of experience with 3 years in management, and fluency in English, Cantonese, and Putonghua.

Qualifications

• Must have degree in Business Administration or related disciplines (HKQF Level 5).
• Qualified under SFO for Regulated Activities Type 1 & 4 and MPF/Insurance Intermediary.
• At least 10 years of experience in retail banking, including a minimum of 3 years in a management role.
• Familiarity with wealth management products and related regulatory laws and regulations.
• Proficiency in English, Cantonese and Putonghua.

Responsibilities

• Closely monitor market development trends and assist in formulating the unit's work plans.
• Coordinate and drive the implementation of business initiatives; lead the team in execution and performance reviews.
• Establish KPIs and coordinate resources to achieve business goals.
• Conduct market research and demand analysis for wealth management products; lead product development and optimize portfolios.
• Develop and refine asset allocation frameworks to enhance professional guidance on asset allocation.
• Plan and execute marketing campaigns to grow the retail wealth management brand and market share.

Skills

Wealth management

Regulatory compliance

Leadership

Strategic planning

Education

Bachelor-level degree in Business Administration or related disciplines (HKQF level 5)

SFO Regulated Activities Type 1 & 4 and MPF/Insurance Intermediary qualifications

Job description

Proactive, Dedicated and Innovative Founded in 1908, Bank of Communications Co., Ltd. (Stock codes: A shares 601328, H shares 03328) is one of the oldest banks in China as well as one of the note-issuing banks in modern China. The Bank was listed on the Stock Exchange of Hong Kong Limited in June 2005 and on the Shanghai Stock Exchange in May 2007. The Bank currently has 202 domestic branches, comprising 30 provincial branches, 7 branches directly managed by the Head Office and 165 managed by provinces. It has also established 2,690 banking outlets in 215 cities and 159 counties nationwide. In addition, the Bank has set up 13 overseas institutions, comprising branches in Hong Kong, New York, San Francisco, Tokyo, Singapore, Seoul, Frankfurt, Sydney, Macau, Ho Chi Minh City, Taipei, Bank of Communications (UK) Co., Ltd. and representative office in Toronto. The Bank’s development strategy is to become “a first class listed universal banking group focusing on international expansion and specializing in wealth management”.

Proactive, Dedicated and Innovative Founded in 1908, Bank of Communications Co., Ltd. (Stock codes: A shares 601328, H shares 03328) is one of the oldest banks in China as well as one of the note-issuing banks in modern China. The Bank was listed on the Stock Exchange of Hong Kong Limited in June 2005 and on the Shanghai Stock Exchange in May 2007. The Bank currently has 202 domestic branches, comprising 30 provincial branches, 7 branches directly managed by the Head Office and 165 managed by provinces. It has also established 2,690 banking outlets in 215 cities and 159 counties nationwide. In addition, the Bank has set up 13 overseas institutions, comprising branches in Hong Kong, New York, San Francisco, Tokyo, Singapore, Seoul, Frankfurt, Sydney, Macau, Ho Chi Minh City, Taipei, Bank of Communications (UK) Co., Ltd. and representative office in Toronto. The Bank’s development strategy is to become “a first class listed universal banking group focusing on international expansion and specializing in wealth management”.

Job Responsibilities

• Closely monitor market development trends and the bank’s overall strategic objectives to assist in formulating and dynamically adjusting the unit’s work plans;
• Coordinate, plan, and drive the implementation of various business initiatives, lead the team in execution, and conduct timely performance reviews and summaries;
• Establish KPIs for the unit in accordance with the bank’s requirements; assist in coordinating internal departmental colleagues and resources from other relevant units to ensure the smooth achievement of business goals;
• Conduct market research and demand analysis for wealth management products, lead product development and design, and continuously optimize the product portfolio structure;
• Develop and refine the wealth management asset allocation framework to enhance professional guidance on asset allocation strategies;
• Responsible for the overall planning of the retail wealth management brand, formulate and execute marketing campaigns to enhance brand influence and market share;

Requirements

• Degree holder or above in Business Administration or related disciplines or equivalent qualifications at HKQF level 5
• Qualified under SFO for carrying out Regulated Activities Type 1, 4 and qualified as MPF and Insurance Intermediary
• At least 10 years of experience in retail banking, including a minimum of 3 years in a management role;
• Familiarity with wealth management products and relevant regulatory laws and regulations.

The above post requires proficiency in English, Cantonese and Putonghua.

Data held by the Bank relating to employment applications will be kept confidential and used only for consideration of applications. The bank may also refer suitable applicants to other vacancies within the Group. All personal data of unsuccessful applicants will be destroyed after the recruitment exercise. A copy of Personal Information Collection Statement is available upon request.

Bank of Communications Co., Ltd. Hong Kong Branch (Incorporated in the People's Republic of China)