About the job
Key Responsibilities:
Oversee the Private Banking Profit and Loss (P&L) in Singapore, ensuring a robust cross-selling of the bank's diverse products and services.
Operational Duties:
- Engage in marketing initiatives targeting high net worth individuals and corporate clients.
- Administer the credit process within authorized limits to nurture a healthy credit portfolio for high net-worth clients.
- Direct sales and distribution strategies, including managing sales channels and participating in client engagements alongside product teams as necessary.
- Facilitate product development and ensure a seamless rollout of new offerings designed for Private Banking clientele.
- Lead Private Banking Relationship Managers in expanding, acquiring, and retaining high net worth customers.
- Engage in community events to promote the bank's reputation and foster new business opportunities.
- Stay updated on legal changes impacting the Private Banking sector.
- Disseminate pertinent information throughout the bank to enhance communication.
Administrative Oversight:
- Assist in formulating Private Banking policies and procedures.
- Ensure adherence to relevant regulations, guidelines, and internal policies.
- Collaborate with various departments to harness cross-selling and up-selling opportunities.
- Drive revenue objectives for the department.
- Lead a team of relationship managers and/or advisors to secure new business and enhance service penetration among existing clients.
- Continuously analyze and improve the profitability of the client portfolio, identifying new growth opportunities.
- Coordinate with support units to guarantee the necessary operational infrastructure is in place.
Team Development:
- Foster a strong team culture through effective training, coaching, and mentoring while developing potential successors.
- Evaluate performance and appraise direct reports based on established targets.
- Assist team members in achieving sales goals through collaborative client engagements and guidance.
- Strive to enhance staff satisfaction and reduce turnover rates.
Risk Management:
- Ensure compliance with First Abu Dhabi Bank’s policies and procedures.
- Escalate significant regulatory breaches to the appropriate risk management teams.
- Review operational losses and collaborate with risk teams to implement corrective measures.

