Job ref no.: 283465669-WD43914
DBS Bank Ltd

Vice President, Wealth Management Product Advisory, Treasury & Markets

DBS Bank Ltd

Objectives

  • To develop key business initiatives and operating plans on FX product strategy, in order grow the wealth business.
  • To align the business needs from client segments as well as to advocate product innovation on FX products.
  • To uphold the FX product capability on pricing competitiveness, ordering efficiency, and structuring ability.
  • To hold accountability on the financial budget and relevant project plans on Spot FX transactions, FX linked products and structured derivatives.

Responsibilities

  • Principal function as FX & wealth product specialist to drive business initiatives and deliver sustainable growth strategies to expand FX turnover as well as customer base.
  • Responsible for all FX product idea generation to coverage for WMS Greater China client segments, and the product revenue target.
  • Work alongside Head Office’s trading teams, product champion and sales teams to develop wealth product capability and facilitate successful implementation of new structures, which may include preparing and implementing new product approval memos, establishing sales process and documentations.
  • Fully engage with Consumer Banking and Private Banking investment product counterparts to ensure all business needs are being addressed and explore business potential.
  • Being the representative icon of T&M to wealth segments, to conduct regular seminars / teach-in workshops, and participate in wealth segments’ internal product and sales meeting to pitch product ideas.
  • Spearhead the innovation and provide timely market intelligence on wealth products offered by competitors.Partner with T&M product desks, traders and regional product champions to come up with product strategies to stay competitive.
  • Work closely with various stakeholders to improve efficiency with respect to execution and document generation process for both sales and clients.

Accountabilities

  • Perform yearly plan and budget.
  • Provide regular marketable FX product ideas that in line with house view.
  • Coordinate with product team to structure time to market products to be distributed through consumer banking and/or private banking channels.
  • Work with other internal customers to resolve all possible end-to-end issues.
  • Conduct product workshops to train internal sales staff.
  • Contribute to the joint budget with internal counterparties.
  • Streamline processing and digitalization.
  • Perform necessary risk control and adhere to compliance guidance.

Requirements:

  • University graduate (Degree holder)
  • Holder of CFA, FRM is an advantage.
  • 10 years of experience in financial market and treasury field in the capacity of sales or structuring related functions.
  • Experience in data analysis and digital transformation is an advantage.
  • Fulfillment of requirements under the Enhanced Competency Framework on Treasury Management is preferred.
  • The job requires a person with good interpersonal skills, solid knowledge in FX market and structured derivatives.
  • With strong investment market sense and understanding of inter-relationship of economic activities.
  • Good written and verbal communication skills in English, Cantonese and Mandarin.
  • Strong organizational and analytical skills with good business acumen.
  • Ability to effectively present product ideas and generate business with internal counterparts.
  • Strong data analytical mindset and ability to formulate analysis model.
More job information
Job ref no. 283465669-WD43914
Salary
Job Function
Location
  • Central
Work Model
  • On-site
Industry
Employment Term
  • Permanent
  • Full-time
Experience
  • 8 years - 15 years
Career Level
  • Middle management level
Education
  • Degree