Reporting to the Chief Financial Services Officer, the position holder will be responsible for driving the strategy, execution and growth of our wealth management and insurance business. He/She will be responsible for leading and managing a cross-functional team dedicated to delivering innovative and efficient wealth management solutions to clients.
Primary objective will be to drive business growth and enhance customer experience by leveraging technology and data-driven insights.
Key Responsibilities
Leadership and Team Management:
Lead a team of professionals, including developers, analysts, and subject matter experts, fostering a collaborative and high-performing culture.
Set clear objectives, provide guidance, and support team members in achieving their goals.
Promote knowledge sharing and continuous learning within the team.
Strategy and Roadmap:
Develop and execute a strategic roadmap for the Wealth Management tribe, aligned with the overall organizational objectives.
Identify market trends, competitive landscape, and client needs to define product and service offerings.
Collaborate with stakeholders, such as product managers and business leaders, to prioritize initiatives and allocate resources effectively.
Product Development and Innovation:
Drive the ideation, design, and development of innovative wealth management products and services.
Utilize customer insights and data analytics to identify opportunities for process improvement and enhanced client experiences.
Ensure compliance with regulatory requirements and industry best practices.
Stakeholder Management:
Establish and maintain strong relationships with key stakeholders, including clients, senior executives, and business partners.
Collaborate with other tribes, teams, and departments to foster a holistic and integrated approach to wealth management.
Communicate effectively to convey the tribe's vision, progress, and achievements.
Performance Monitoring and Reporting:
Define and track key performance indicators (KPIs) to measure the tribe's performance and identify areas for improvement.
Prepare regular reports and presentations to update senior management on the tribe's initiatives, outcomes, and challenges.
Data Analytics:
Utilize data analytics and business intelligence tools to extract insights and identify trends in wealth management operations, client behavior, and market conditions.
Collaborate with data scientists and analysts to develop predictive models and data-driven strategies for client segmentation, investment recommendations, and risk management.
Monitor key performance indicators (KPIs) related to wealth management products and services, analyze data trends, and provide actionable recommendations for performance improvement.
Drive data-driven decision-making by presenting insights and recommendations to senior management and stakeholders.
Ensure data privacy and security measures are implemented and followed in accordance with regulatory requirements and industry best practices.
Stay up-to-date with the latest advancements in data analytics and technology to identify opportunities for innovation and process optimization in wealth management
QUALIFICATIONS
Bachelor's degree in finance, business administration, Economics or a related field. MBA preferred.
Minimum of 8 years of experience in wealth management and insurance, with at least 3 years in a leadership role.
In-depth knowledge of wealth management and insurance products and services, as well as regulatory requirements and industry best practices.
Strong analytical, strategic thinking and problem-solving skills.
Excellent communication, interpersonal and relationship-building skills.
Proven ability to lead, mentor and manage a team to achieve goals and objectives.
Strong business acumen, financial acumen and budget management skills.
Ability to thrive in a fast-paced, dynamic and collaborative environment.
Analytical mindset and proficiency in leveraging data and analytics to drive decision-making and improve processes.
