Private Banking Team Head

upper spring consulting pte. ltd.; Singapore; On-site; SGD 180,000 - 380,000; Full time

Job summary

upper spring consulting pte. ltd. represents a leading private bank in Asia and seeks a Private Banking Team Head to oversee a high-performing team of relationship managers and drive the bank’s revenue growth.

You will set strategy, mentor RMs and lead business development initiatives across client acquisition and asset growth. The role requires strong leadership, deep knowledge of private banking products, and a proven ability to balance growth with risk management, AML and regulatory

Qualifications

• Proven Private Banking or Wealth Management leadership experience.
• Strong interpersonal and client relationship skills.
• Track record in business development, client acquisition, revenue growth and asset growth.
• Solid knowledge of investment products and solutions.

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

Skills

Leadership

Team management

Client relationship management

Business development

Investment product knowledge

AML & regulatory risk awareness

Education

CACS 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.