Private Banking Team Head

UPPER SPRING CONSULTING PTE. LTD.; Singapore; On-site; SGD 180,000 - 280,000; Full time

Job summary

Unknown Private Bank in Singapore seeks a Private Banking Team Head to lead a team of relationship managers, drive revenue growth and manage risk within a leading Asia-based private banking environment.

You will partner with the Market Head to execute growth strategies, develop client acquisition plans and oversee asset growth while ensuring regulatory compliance and strong risk management.

Qualifications

• Degree holder with completed CACS I & II.
• Proven Private Banking/Wealth Management experience with strong team leadership.
• Strong interpersonal, communication and client relationship skills.
• Track record in business development, client acquisition, revenue generation and asset growth.
• Strong investment product knowledge and advisory ability.
• Entrepreneurial, commercially driven with strong business acumen.
• Strong people leadership and talent development capabilities.
• Good understanding of AML, credit, regulatory and reputational risk.

Responsibilities

• Lead and manage a Private Banking RM team, driving revenue and performance.
• Partner with Market Head to develop growth strategies and asset growth.
• Drive new client acquisition via prospecting and partnerships.
• Support RMs with key client relationships and complex issues; provide advisory guidance.
• Leverage investment products and resources to meet wealth management needs.
• Coach and mentor RMs; foster an entrepreneurial, collaborative culture.
• Attract, retain and develop high-performing talent with strong business acumen.
• Provide supervisory oversight to ensure adherence to advisory standards and risk framework.
• Proactively manage AML, credit, regulatory and reputational risks as first line of defence.
• Promote risk/compliance culture and timely closure of regulatory matters.
• Monitor revenue, credit exposures, margin calls and KPIs; take action when required.

Skills

Team leadership

Relationship management

Business development

Investment advisory

Risk management

Communication

Commercial acumen

AML knowledge

Regulatory compliance

Education

Degree with CACS Papers I & II

Job description

We are representing our client, one of the fastest growing private bank in Asia, to look for Private Banking Team Heads to join the bank.

Job Responsibilities

• Lead and manage a team of Private Banking RMs, driving the team's business plan, revenue targets and overall commercial performance.


• Partner with the Market Head to develop and execute strategies for business growth, client acquisition and asset growth.


• Drive new client acquisition and business development through active prospecting, networking and leveraging internal and external partnerships.


• Support RMs in managing key client relationships, business opportunities and complex client issues, while providing guidance on investment products and solutions.


• Leverage the bank's investment products, specialists and resources to meet clients' wealth management and investment needs.


• Coach, mentor and develop RMs to enhance performance, client engagement and overall effectiveness; foster a collaborative and entrepreneurial team culture.


• Attract, retain and develop high-performing talent with strong business acumen and risk awareness.


• Provide strong supervisory oversight to ensure adherence to the bank's advisory standards, policies, regulatory requirements and risk management framework.


• Proactively manage and mitigate AML, credit, regulatory and reputational risks, acting as the first line of defence.


• Promote a strong risk and compliance culture within the team and ensure timely closure of all regulatory, risk and control-related matters.


• Monitor individual and team revenue, credit exposures, margin calls and other key performance and risk indicators, taking appropriate action where required.

Job Requirements

• Degree holder with completed CACS Papers I & II.


• Proven experience in Private Banking or Wealth Management with strong team leadership experience.


• Strong interpersonal, communication and client relationship management skills.


• Demonstrated track record in business development, client acquisition, revenue generation and growing client assets.


• Strong investment product knowledge and ability to provide sound investment advisory support.


• Entrepreneurial, commercially driven and possessing strong business acumen.


• Strong people leadership, coaching and talent development capabilities.


• Good understanding of AML, credit, regulatory, compliance and reputational risk requirements.


• Ability to lead by example and balance business growth with sound risk management.