Head of Direct Investments

Job Description - Head of Direct Investments (2400003366) Head of Direct Investments - ( 2400003366 )

Job

Primary Location

Schedule

Schedule

: Full-time

Employee Status

Employee Status

: Permanent

Posting Date

Posting Date

: 25/Mar/2024, 6:40:10 AM

Unposting Date

Unposting Date

: 08/Apr/2024, 10:59:00 PM Role Responsibilities  Job Summary

• Drive growth of direct investments business for Private Bank partnering with key external providers to bring the right opportunities for clients
• Provide coverage for key clients to broaden relationship and deepen share of wallet via direct offerings
• Enhance RM and IA capabilities so they can discuss direct investment opportunities with their clients
• Work with key internal stakeholders (Markets, Solutions Partners, Wealth Management and other functional partners) to deliver the directs proposition in a safe and well-controlled manner on an end-to-end basis

Responsibilities

• Define strategy to grow the Direct Investment business for the Private Bank with a differentiated and more comprehensive offering, in keeping with our strategy to pivot the business towards UHNW clients
• Demonstrate expertise in engaging UHNW clients with diverse and interesting direct investment solutions, and in building RM and IA capabilities to discuss these solutions with clients

Business

• Originate bespoke direct investment opportunities that are within the Bank’s target market and risk appetite, working with third-parties and key internal stakeholders
• Partner with front staff to propose, service and deliver direct investment solutions to our UNHW clients
• Deliver growth in financial metrics from UHNW clients, growing share of wallet by delivering holistic solutions to meet their investment needs beyond existing Capital Markets and Managed Investment offerings
• Be involved in the prospecting of new UHNW clients by showcasing direct solutions capabilities as appropriate

Processes

• Drive process improvements and middle/back capability development so we are competitive when it comes to bringing direct investment opportunities to clients
• 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.

Governance 

• Deliver effective governance, oversight and controls and highlighting gaps as appropriate
• Awareness and understanding of the regulatory framework in which the businessoperates, and the regulatory requirements and expectations relevant to the role. Ensure adherence with the highest standards of ethics and compliance with relevant policies, processes and regulations forms part of the culture.

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
• Achieve the outcomes set out in the Bank’s Conduct Principles, such as Fair Outcomes for Clients; Financial Crime Prevention; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters

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 

• Licenses and Certifications/accreditations – as required by role remit and responsibility
• 15 years of experience within Investment / Private Banking
• Demonstrate excellence in client service and management experience
• Strong ability to develop a network of target prospects
• Sound knowledge of financial markets and investment products
• Excellent problem solving skills, handle complex situations with constructive solution identified.
• Firm in all business guidelines and compliance issues
• Outstanding communication and presentation skills
• 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 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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. #J-18808-Ljbffr