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!
Job Description
Responsible for leading a team within a specific market.
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
Qualifications
Strong interpersonal, communication, client interfacing and leadership skills
Good university degree
Preferably completed professional qualifications: CACS Papers I and II
Driven and entrepreneurial
Good business acumen
Able to read, write and communicate fluently in English are strongly preferred as this role is required to deal with clients.
Responsible for achieving annual revenue targets and objectives.
Trusted advisor who succeeds in maintaining a group of dedicated clients.
Builds market share; able to enhance client asset size over time.
Competent in advising clients on investment products and services.
Actively involved in new business development; able to anticipate and capitalize on business opportunities.
Keeps up to date with products and services; may give input for new product development.
Monitors tasks for quality assurance to meet client servicing needs.