Head of Bancassurance & CMPS, Wealth Management Job at Standard Chartered Bank

• Head of Bancassurance & CMPS, Wealth Management

Responsibilities:

• Develop & execute an overall business corporate plan covering all insurance activities across all channels based on business targets in alignment with Insurance Partners and global strategy

• Develop & execute an overall plan to plan and execute the Wealth Management value proposition objectives
• Work with Head of Client Segments and team leaders to increase penetration, retain current business, and grow new to bank clients
• Develop and implement innovative products for WM to meet the needs of target segments
• Implement efficient pricing mechanism to enhance the profitability of FX and Wealth Lending business and achieve budget revenue targets
• To ensure prudent & smooth operational processing and improve process flows to increase efficiency.
• Periodically review product specifications to be consistent with business strategy
• Compliance with Bank and local regulations.
• Actively participate in joint sales calls with the sales team (RM’s, BRM’s) to promote FX products to customers
• Service and call on existing & potential customers on an ongoing basis to obtain further business & to ensure a high level of customer satisfaction.
• Provide ongoing product training to all CPBB RM’s and branch staff.
• Keep track of FX Product performance on an on-going basis.
• Keep track of products and marketing initiatives of competitor banks in the market and keep abreast of the latest trends in the global markets and advise customers.
• Migrate best practices to and from other group centers.
• Provide feedback to Segment Heads and Product Managers, on clients changing needs to ensure that SCB’s product offerings are current.
• Provide quality economic information to Sales teams and customers related to FX volatility as part of education and promotion of FX products.
• Create and maintain records of customers and be aware of their needs and currency exposure to be enabled to advise them accordingly.
• To identify opportunities for cross-selling and referral to other SCB lines through developing and maintaining a close understanding of customers’ businesses
• To participate in various client functions, conduct client surveys, and conduct focus groups to ensure product and market intelligence feedback is solicited and used in a way that enhances SCB’s competitive positive.

Qualifications;

• Certificate of Proficiency in Insurance or higher Insurance qualification.
• Bachelor’s degree or it’s equivalent in insurance, banking, risk management, law, actuarial science, finance, or related field from a recognized institution.
• Working experience in the insurance industry of at least three years.

How to Apply

Interested applicants should CLICK HERE to apply.

Application Deadline:4th March 2021.