Overview
- Onsite
- BOS Singapore
- Full time
- JR00003697
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!
This is the broad job description of the job profile. Definitive job description should be reviewed and discussed between you and your manager.
Team Head, Greater China North Asia
Why Join
Imagine a career where you can make a real difference in the lives of high net worth individuals and their families. As a Private Banking (Producing) professional at OCBC, you’ll have the opportunity to build long-term relationships with clients, understand their unique needs, and provide tailored financial solutions to help them achieve their goals.
How you succeed
To excel in this role, you’ll need to take a client-centric approach, understanding the complexities of high net worth individuals’ financial situations and providing bespoke solutions that meet their needs. You’ll need to be proactive, building and maintaining relationships with clients, identifying opportunities, and working collaboratively with internal stakeholders to deliver exceptional service.
General Description
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Responsible for leading a team within a specific market.
Main duties
Financials
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Supports Market Head in developing the team’s business plan and responsible for the overall marketing activities of the team
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Execute team’s business plan and financial targets
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Creates networking synergies with other business units of OCBC
Clients
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Support RMs in dealing with business opportunities and issues
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Actively involved in business development and prospecting new business and new client relationships.
Advisory Solution
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Effectively leverages on the firm’s products and product teams to meet the investment needs of the clients.
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Ensure that RMs practice the BOS Advisory standards
Talent Management
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Responsible for mentoring RMs to enhance their performance, building up their overall effectiveness through coaching, training, etc.
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Encourage teamwork and collaboration among RMs within market/ team and with other Team Heads
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Attract, retain and develop the best talents with strong entrepreneurial spirit and robust risk management knowledge
Compliance, Process, Risk Management
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Lead by example
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Take accountability for individual and team’s actions and consequences in relation to compliance, process and risk management
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Ensure all team members adhere to relevant policies, procedures and guidelines by taking an active supervisory role on a day to day basis
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Takes proactive steps to manage credit and reputational risks in the course of relationship management
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Set the tone from the top and create a positive risk awareness culture and attitude by reinforcing the right risk and compliance culture
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Lead the team to proactively manage AML, regulatory, reputational and credit risk as first line of defense
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Ensure all team members attend and learn through relevant training sessions, whether mandatory or non-mandatory
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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
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Adhere to various requirements which form the metrics for the Risk Moderator and MCOR framework
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Exercise additional supervisory oversight on RM activity including:
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Provide guidance and support to RMs on understanding and applying various regulatory AML and risk policies, procedures and controls as first line of defense
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Review analysis of revenue figures, taking actions where required
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Credit incidents within the team – number of margin calls, close outs, and the time taken to close these issues
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Ensure team members provide timely responses and close off regulatory, AML, risk and control related actions on a timely basis
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Who We Are
As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation.
But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. 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.
What we offer
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
About OCBC Bank
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its 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.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.