Bank of Singapore opens doors to new opportunities.
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
The Managed Solutions business at Bank of Singapore covers the sourcing, due diligence, selection, advisory, marketing and post-sales lifecycle management of mutual funds, hedge funds, private markets, as well as discretionary and advisory portfolio management.
The Managed Solutions Advisory (MSA) team is responsible for the investment advisory and distribution and post-sales monitoring of in-house and third party, professionally managed, fund investment opportunities (including alternatives investments), CIO Lab, and Discretionary Portfolio Management (“DPM”), collectively referred as “Managed Solutions Business”.
The MSA team’s role is to provide advisory and distribution for managed solutions and alternatives, partnering with solution providers in capturing unique opportunities for clients. Scope of the role covers advisory and discretionary portfolio mandates, mutual funds and alternative solutions (Hedge Funds and Private Market Funds) and services such as CIO Lab. The team performs investment advisory through managed solutions based on the Bank’s “Whole Portfolio Approach”, working within the Chief Investment Office in partnership with internal and external stakeholders.
WHAT YOU DOThe main functions of the Head of MSA include leading and managing the team at BOS and contribute to increasing the penetration of MI Business amongst the bank’s clients and provide oversight for the following functions:
Advisory and Sales
To grow AUM and increase the penetration of managed solutions through marketing and advice to RMs and clients. This involves maintaining strong collaboration with Relationship Managers/Investment Advisors.
Be a liaison between the Fund Selection, APM and DPM teams and Front Office, articulating investment philosophy, process, performance, positioning and market outlook, as well as proactively identifying opportunities or client interest
Conduct fund, APM and DPM review meetings with clients, and undertake group sales meetings with RMs from designated markets to provide them with focus ideas and updates
Align the recommendation of funds to the BOS’s overall asset allocation models to achieve outperformance versus appropriate benchmarks
Participate in advisory team meetings with the Fund Selection and Alternative Investment teams to help brainstorm new ideas and funds that should be prioritized for onboarding
Demonstrate effective collaboration with CIO Investment Institute, Funds Selection, Alternatives Investment, Investment Advisors and Front Office as well as other BOS/OCBC/GE departments.
Support growth in DPM services in partnership with DPM portfolio management and Client PM teams to drive increased mandate penetration Bank-wide.
Data Analytics and AI tools
Using data analytics and AI tools to analyse business data and trends for planning and strategic initiatives
Platform / Client Experience
Participate and lead strategic projects to deliver improved client experience.
External Fund Houses
Together with Funds Selection and Alternative Investments, facilitate interactions with fund houses in relation to fund launches, after sales and coordination.
Strong investments background, with solid knowledge of funds and DPM across global equities, fixed income and alternative asset classes as well as asset allocation and portfolio approaches.
Preferable work experience in asset management/Private Bank as a team lead
At least 10 years of fund distribution/investments experience with proven track record
Experience with and keen interest in digital and AI projects and digital solutions
Excellent verbal and written communications skills with the ability to project a high level of professionalism, and effectively communicate with clients, portfolio managers and management in small and large settings.
Leadership and management expertise
Drive, initiative, and creativity
Good, relevant undergraduate degree
CFA holder &/or Master's degree in Finance from reputable university is strongly preferred
Good command of 2nd language preferred
Skills Required
- Strong investments background with solid knowledge of funds and DPM across global equities, fixed income and alternative asset classes, plus asset allocation and portfolio approaches
- Work experience in asset management or private bank as a team lead
- At least 10 years of fund distribution or investments experience with proven track record
- Experience with and keen interest in digital and AI projects and digital solutions
- Excellent verbal and written communications skills
- Leadership and management expertise
- Drive, initiative, and creativity
- Good, relevant undergraduate degree
- CFA holder and/or Master's degree in Finance from reputable university
- Good command of a second language
What We Do
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
