Job Description

:Responsibilities:Governance and Regulatory Compliance

• Ensure the day-to-day execution of private banking operations to ensure that the asset quality and risk management of each client complies with established banking policies and procedures.
• Establish and carry out activities to ensure sales processes are in accordance with bank\'s policies/procedures and respective markets\' regulations.
• Continually strengthen systems, procedures and compliance to ensure protection of the bank and clients\' interests.
• Provide oversight and guidance on PB risk and credit management, ongoing monitoring and regulatory reporting as per requirements by MAS.
• Set Governance\'s priorities and key focus areas as part of the annual plan (as presented to the Private Banking Pre-AMS) and ensure this is rolled out. Report any results or deviations to the plan to relevant committees.
• Oversee the effective functioning of the Regional Private Banking Special Client Committee in order to effectively manage AML/CFT risks.

People Management

• Coach individual and teams to deliver a high level of services to internal and external clients.
• Continuously foster a strong team and performance driven culture that is aligned to Group\'s values.

Requirements:Qualifications

• University Degree or equivalent qualification in Business Administration, Banking, Finance, Economics or related field

Professional Qualification and/or Regulatory, Licensing Requirements

• Wealth Management Institute (WMI) Private Banking certification(s) and/or other relevant regulatory certificate will be an added advantage

Relevant Work Experience

• 10 years of relevant experience in Private Banking
• Minimally 5 years of experience heading Compliance, Risk & Governance units in Private Banking

Technical/Functional Skills

• Familiar with KYC and account documentation
• Familiar with private banking investment, credit and wealth-planning products
• Experience in dealing with ASEAN HNW individuals and institutions
• Good knowledge in risk assessment and credit analysis

Personal Skills (Soft Competencies)

• Leadership, business acumen, strategic planning, results oriented, negotiation, analytical and people management skills
• Well informed of the market competitive structure, industry practices and regulations for the Private Banking segment
• Strong local network, extensive product and services and advisory knowledge, along with a highly driven and strong sales/hunter mind-set
• Good knowledge of banking products/processes and presents strong record of consistent performance
• Good interpersonal, problem solving and communication skills

CIMB