Team Head

OCBC Group; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

Bank of Singapore, part of OCBC Group, seeks a senior market leader to head a team within a strategic market. You will drive business plans, develop client relationships and mentor RMs while upholding rigorous risk and compliance standards across the organization.

Based in Singapore, the role offers exposure to OCBC Group’s regional network and a path to influence private banking and advisory solutions with a focus on sustainable growth and client acquisition.

Qualifications

• Responsible for leading a team within a specific market.

Responsibilities

• Supports Market Head in developing the team’s business plan and responsible for the overall marketing activities of the team
• Execute team’s business plan and financial targets
• Creates networking synergies with other business units of OCBC
• Support RMs in dealing with business opportunities and issues
• Actively involved in business development and prospecting new business and new client relationships.
• Effectively leverages on the firm’s products and product teams to meet the investment needs of the clients. Ensure that RMs practice the BOS Advisory standards
• Responsible for mentoring RMs to enhance their performance, building up their overall effectiveness through coaching, training, etc.
• Encourage teamwork and collaboration among RMs within market/ team and with other Team Heads
• Attract, retain and develop the best talents with strong entrepreneurial spirit and robust risk management knowledge
• Lead by example
• Take accountability for individual and team’s actions and consequences in relation to compliance, process and risk management
• Ensure all team members adhere to relevant policies, procedures and guidelines by taking an active supervisory role on a day to day basis
• Takes proactive steps to manage credit and reputational risks in the course of relationship management
• Set the tone from the top and create a positive risk awareness culture and attitude by reinforcing the right risk and compliance culture
• Lead the team to proactively manage AML, regulatory, reputational and credit risk as first line of defense
• Ensure all team members attend and learn through relevant training sessions, whether mandatory or non-mandatory
• Ensure all team members adhere to the various requirements which forms the MCOR framework
• Adhere to various requirements which form the metrics for the Risk Moderator and MCOR framework
• Exercise additional supervisory oversight on RM activity including:
• Provide guidance and support to RMs on understanding and applying various regulatory AML and risk policies, procedures and controls as first line of defence
• Review analysis of revenue figures, taking actions where required
• Credit incidents within the team – number of margin calls, close outs, and the time taken to close these issues
• Ensure team members provide timely responses and close off regulatory, AML, risk and control related actions on a timely basis

Job description

Bank of Singapore opens doors to new opportunities. At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

General Description

Responsible for leading a team within a specific market.

Main Duties

Financials

• Supports Market Head in developing the team’s business plan and responsible for the overall marketing activities of the team
• Execute team’s business plan and financial targets
• Creates networking synergies with other business units of OCBC

Clients

• Support RMs in dealing with business opportunities and issues
• Actively involved in business development and prospecting new business and new client relationships.

Advisory Solution

• Effectively leverages on the firm’s products and product teams to meet the investment needs of the clients. Ensure that RMs practice the BOS Advisory standards

Talent Management

• Responsible for mentoring RMs to enhance their performance, building up their overall effectiveness through coaching, training, etc.
• Encourage teamwork and collaboration among RMs within market/ team and with other Team Heads
• Attract, retain and develop the best talents with strong entrepreneurial spirit and robust risk management knowledge

Compliance, Process, Risk Management

• Lead by example
• Take accountability for individual and team’s actions and consequences in relation to compliance, process and risk management
• Ensure all team members adhere to relevant policies, procedures and guidelines by taking an active supervisory role on a day to day basis
• Takes proactive steps to manage credit and reputational risks in the course of relationship management
• Set the tone from the top and create a positive risk awareness culture and attitude by reinforcing the right risk and compliance culture
• Lead the team to proactively manage AML, regulatory, reputational and credit risk as first line of defense
• Ensure all team members attend and learn through relevant training sessions, whether mandatory or non-mandatory
• Ensure all team members adhere to the various requirements which forms the Management Control Oversight Rating (MCOR) framework including but not limited to Audit Score, DCs, Reg Breaches, ORIs, ECM, Clean Desk and Endpoint
• Adhere to various requirements which form the metrics for the Risk Moderator and MCOR framework
• Exercise additional supervisory oversight on RM activity including:
• Provide guidance and support to RMs on understanding and applying various regulatory AML and risk policies, procedures and controls as first line of defence
• Review analysis of revenue figures, taking actions where required
• Credit incidents within the team – number of margin calls, close outs, and the time taken to close these issues
• Ensure team members provide timely responses and close off regulatory, AML, risk and control related actions on a timely basis

Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.