This is a customer facing role where leadership and customer focus are critical to the success of the business. The role of a Wealth Sales Director, Offshore Banking is to develop and manage a group of Team Heads and Relationship Managers to ensure achievement of the business objectives by delivering the key accountabilities in accordance with Incentive Framework metrics with our base of clients from Offshore Banking.
This will be achieved by creating and maintaining an environment where the Wealth Sales Director and his/her teams exceeds the key WPB business objectives whilst delivering the highest service, sales quality and cross border compliance standards. The Wealth Sales Director will need to ensure that the business of the teams is effectively managed and grow International Wealth Hub (IWH) market share to achieve country strategic plan in accordance to Asia Wealth Strategy.
In delivering the business objectives, theWealth Sales Director must also maintain the highest level of operational integrity required by the Group whilst closely managing and driving the individual and collective performance of his/her teams.
The Wealth Sales Director is expected to drive the Group standards in customer contact strategy and the delivery of those standards in accordance with any country specific requirements (based upon a good understanding of International Wealth Hub (IWH) offshore customer base, the potential customer base, local market conditions and competitor activity). A key responsibility is to identify and develop the managers and people within the team, coaching and guiding them to maximise their potential and their contribution to the Bank. This will culminate to a succession plan for this team andInternational Wealth Hub (IWH).
Impact on the Business
Customers / Stakeholders
Use the principles and guidelines in Global Standards and International Wealth Hub (IWH) Offshore manuals to ensure we know our customers and deliver our product and services accordance to regulatory and cross border requirementsDelivering quality execution only/ Enhanced Execution only trades for clients through collaborating with specialists and other departments.Grow theteams’ base by working closely with stakeholders in the specific markets.Supporting championing the Financial Crime policy and processes to deliver enhancements to how HSBC detects, deters and prevents financial crime.Leadership Teamwork
Lead, manage and coach the Team Heads and Relationship ManagersPerformance Management, People Development and resourcing of the businessTrain, maintain and develop the leadership of theTeam Heads to a level appropriate for the market and commensurate with centrally agreed resource plans.Use appropriate performance management tools to review individual team’s performance to maximise effectivenessMaintain and enhancewealth knowledge and skills through sharing best practicesHold regular meetings withteam members to effectively communicate and address any issues faced. Create a working environment that drives performance, consistency and engagement across all teams inthese markets. To work as part of a wider integrated team. Support others through direct and indirect actions beyond the team responsibilities.Grow the wealth markets in these corridors.Operational Effectiveness Control
Ensuring that customer relationship process operations within the teams are undertaken in accordance with HSBC FIM, Credit Policy Manual appropriate lending guidelines and offshore manualEnsure all processes for customer management process operations are in place and manage within any agreed AuthoritiesManage operational risk by using relevant MI to identify risk situations and take the appropriate action to minimise risk for thebusiness.Management of Risk
The jobholder will ensure the fair treatment of our clients is at the heart of everything we do, both personally and as an organisation. This will be achieved by consistently displaying the behaviours and HSBC Values required to support the Best Place to Bank principles of Make Better Products, Sell Them Properly and Keep Them Sold.
The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings and the impact of new technology.
This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.
To also proactively address any areas of concern in conjunction with line management and/or the appropriate department.