Vice President, Regional Wealth Strategy & Transformation, Consumer Banking Group

DBS Bank Ltd; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

DBS Bank Ltd. is seeking a Strategy and Transformation leader within the International Connectivity & Transformation Regional team in the Consumer Banking Group & Wealth Management.

The role focuses on shaping strategy toward Global Wealth Management, anchored in Wealth Continuum, Wealth Connectivity and Operating Model transformation, aiming to support DBS’s trillion-dollar ambition by 2030. You will collaborate with cross-market teams, translate business drivers into executable plans, and

Qualifications

• Undergraduate degree in Business, Finance, Economics, Engineering, or related field.
• 10+ years in business development, strategy planning, management consulting, or related field, with Wealth Management or Consumer Banking experience.
• Strong analytical skills with the ability to interpret data and translate into actionable insights.
• Proven ability to develop and execute business strategies across the organization.
• Excellent communication, presentation, and interpersonal skills.

Responsibilities

• Drive strategic planning of Wealth Platform & Solutions agenda, including strategy development and scorecards.
• Drive financial modelling, business plans, and feasibility studies to support decisions.
• Lead operating model transformation aligning Consumer Bank to Global Wealth Management agenda.
• Support and manage strategic partnerships to access new geographies and client pools.
• Prepare materials and presentations for senior management, outlining market insights and recommendations.

Skills

Strategic planning

Financial analysis

Operating model transformation

Cross-functional leadership

Communication & presentation

Project management

Wealth Management experience

Data interpretation

Education

Undergraduate degree in Business/Finance/Economics/Engineering

Job description

Business Function

As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business - they were made just right for you.

Job Purpose

Being part of the International Connectivity & Transformation Regional team in DBS Consumer Banking Group & Wealth Management (CBG/ Wealth), playing a pivotal role in shaping our strategy towards Global Wealth Management anchored in Wealth Continuum, Wealth Connectivity and Operating Model transformation, to achieve our Trillion Dollar ambition by 2030. As a Strategy and Transformation professional, you are required to have a deep understanding of the Wealth Management business with experience in local or foreign universal banks or FinTech players playing in this space. You have demonstrated ability to collaborate with cross-market cross-functional teams and work closely with key stakeholders to understand the levers, business drivers and challenges to effectively synergise and carve out an executable plan and drive desired outcome for the organisation.

Responsibilities

• Strategic Planning and Development: Drive strategic planning of Wealth Platform & Solutions agenda, including strategy development, cost saves, economic value and translation into yearly department scorecards.
• Financial Analysis: Drive financial modelling, prepare business plans, and conduct feasibility studies to support business decisions and strategic initiatives.
• Operating Model Transformation: Drive pivot of target operating model of Consumer Bank to support Global Wealth Management agenda, including initiative tracking.
• Strategic Partnerships: Support and project manage strategic partnerships to increase access to new geographies and customer pools, augment data and technology capabilities and deliver innovative solutions to our clients.
• Management Presentations & Offsites: Drive preparation of presentations/ materials to senior management on a regular and ad-hoc basis, outlining market insights, Wealth agenda progress updates and strategic recommendations.

Requirements

• At least Undergraduate degree in Business, Finance, Economics, Engineering or a related field
• Minimum 10 years of experience in business development, strategy planning, management consulting or a related field, with Wealth Management or Consumer Banking experience
• Strong analytical skills, with the ability to interpret data and translate it into actionable insights
• Proven ability to develop and execute successful business strategies through the organisation
• Excellent communication, presentation/storyboarding, and interpersonal skills
• Proven ability to lead cross-market cross-functional teams to achieve outcomes
• Strong project management skills and ability to manage multiple projects simultaneously.
• Highly motivated and strategic thinker with a passion for Wealth Management and a desire to make a positive impact on customers' lives
• Experience in both project managing and/ or executing large scale operating model transformation highly desirable

Location

DBS Asia Central

Job

COO Office/Business Mgt & Support

Schedule

Regular

Regular Employee Status

Full time

DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.