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Private Market Group, Head of Singapore
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STANDARD CHARTERED BANK (SINGAPORE) LIMITED
16 days ago
Posted date
16 days ago
N/A
Minimum level
N/A
OtherJob category
Other
Job Summary

• Drive AUM growth, profitability and product differentiation for SC Private Bank (Singapore) through the provision of Direct & GP-Led Co-Investments ("Directs" or "Co-Investments").
• Collaborate with key General Partners (external providers) and Product Groups (internal providers) to generate best-in-class difficult-to-access Direct & GP-Led Co-Investment referral opportunities for UHNW Clients
• Provide Platform Referral Services and Post Transaction Support to Internal Clients (Relationship Managers and Investment Advisors) to collectively enhance Private Bank UHNW Client experience and deepen Wallet Share
• Collaborate with key internal stakeholders (Relationship Managers, Senior Client Partners, Solution Partners, Wealth Management, Investment Advisers and other functional partners) to deliver the Private Markets proposition in safe and well-controlled manner on an end-to-end basis

Strategy
• Awareness and understanding of the Group's business strategy and model appropriate to the role. These include:
• Build Relationship Manager and Investment Advisor capabilities in Private Market Opportunities through continued on-job training.
• Create best-in-class Business Franchise within SC Private Bank to become the trusted "go-to" internal Partner for Private Market opportunities, by providing strong Platform Referral Services and Post Transaction Support consistently.
• Ensure full end-to-end ownership of Risk Management Practices to deliver results in a safe and sustainable manner.

Business
• Awareness and understanding of the wider business, economic and market environment in which the Group operates. These include:
• Supporting Relationship Managers in the prospecting of UHNW clients by showcasing the Direct & Co-Investment solutions capabilities where appropriate.
• Supporting Relationship Managers and Investment Advisors in delivering revenue and AUM targets with Direct & Co-Investment opportunities through the referral platform, where appropriate.

Key Responsibilities

Processes
• Responsible for executing and supervising the Private Markets Referral Process.
• Drive process improvements and middle/back office capabilities to competitively and efficiently bring Private Market Opportunities to clients, through the Private Markets Referral Platform.

People & Talent
• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
• Employ, engage and retain high quality people, with succession planning for critical roles.
• Responsibility to review team structure/capacity plans.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

Risk Management
• Actively identify, escalate, mitigate and resolve risk and compliance matters in a timely manner.
• Do what is right to avoid reputational risks and operational losses.
• Understand the risk and control environment within area of responsibility and drive rectification as required.
• Handle customer issues, complaints, and product enquiries on timely basis in accordance with established procedures.
• Ensure that Risk Management matters that are brought to attention are subject to direct remedial action and/or ensure adequate reporting to the relevant Risk Committees and/or line management.

Skills and Experience

Governance
• Deliver effective governance, oversight and controls and highlighting gaps as appropriate

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group's Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Lead the team to achieve the outcomes set out in the Bank's Conduct Principles. Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Key stakeholders

• Global Head of PvB
• Regional Heads
• Market Heads/Team Leaders/SCP/Relationship Managers
• Investment Advisory Teams
• UHNW functions: Solutions Partners, Structured Lending, Wealth Planning and Family Advisory, EAM
• Product Specialists and functional partners

Other Responsibilities
• Embed "Here for good" and the Group's brand and values.
• Perform other responsibilities assigned under Group, Region, Country, Business or Functional policies and procedures.
• Work effectively across SCB, using values behaviours to drive overall business growth.

Our Ideal Candidate
  • 12 plus years experience in Private markets in a Bank.
  • Deep understanding of Private markets.
  • Able to collaborate with internal & external stakeholders.
  • Strong relations with family offices within the region.
  • Good marketing & sales experience
  • Strong communication skills
  • Proficiency in mandarin is preferred, as the role will require regular interaction with mandarin speaking relationship managers.

Role Specific Technical Competencies
  • Market Knowledge
  • Relationship Management
  • Product and Processes
  • Strategy and Business Model (SIF)

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:
  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
  • Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
  • Flexible working options based around home and office locations, with flexible working patterns.
  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers
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JOB SUMMARY
Private Market Group, Head of Singapore
Company logo (non-clickable)
STANDARD CHARTERED BANK (SINGAPORE) LIMITED
Singapore
16 days ago
N/A
Full-time