Family Office and Wealth Advisory Specialist (Vice President/Executive Director)
OCBC Bank
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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!
This position is responsible for advising clients on holistic wealth planning and family office solutions with respect to estate, succession and inter-generational transfer, preservation, legacy, family office, philanthropy, governance and liquidity planning, thereby contributing to business development by engaging clients and stakeholders internally and externally. In addition, the individual plays a role in the development and enhancement of the wealth planning and family office offering and solutions to take into consideration client and industry demands and trends
Specific scope of work includes:-
Provide quality wealth planning advisory services (which do not involve advising or arranging any investment and insurance products Note: this applies to the entire scope for this role) to clients of Bank of Singapore including advising on trust planning, family office solutions, philanthropic plans, liquidity plans and addressing other related client needs .
Proactively build strong and trusting partnerships with bankers and other specialists in developing and servicing client relationships
Develop pipeline opportunities and presenting internally to bankers on wealth planning and family office solutions and initiatives
Attend meetings and lead discussions with clients, bankers and professional advisors with the view of addressing client needs and providing wealth planning advice and solutions
Travel regularly with bankers and ensure all applicable law and regulations are complied with
Contribute actively to achieving bank’s AUM, NNM, revenue and structure targets
Develop and enhance our wealth planning and family office offering and solutions targeted at our focused client segments with the view of addressing clients’ needs and demands as the planning matures
Conduct regular trainings and updates on Wealth Planning topics and solutions to bankers and other related stakeholders
Develop network of professionals, legal and tax consultants, external advisors that builds an eco-system of service providers to meet client’s needs
Work experience requirements
Generally, minimum of 10 years of relevant working experience
Strong understanding of Wealth Planning, Family Office, Trust, Philanthropy and Insurance solutions
Track record of structuring, written and presentation skills for clients of relevant markets
Knowledge of legal, tax and regulatory environment in key markets and how these affect structuring of solutions. Well versed in wealth planning and family office structures and solutions adopted in key markets.
Good interpersonal, communication and client interfacing skills. Ability to work in a multi-cultural environment with a diversified client base.
Ability to work as an independent self-starter with excellent interpersonal skills and ability to interact with a wide cross section of stakeholders
Education requirements
- Tertiary Education (a legal or tax / accounting degree preferred)
- STEP Qualified preferred or pursuing accreditation as a STEP qualified wealth planner
Summary
Advise clients on wealth, estate, trust, philanthropy, and family office solutions.
Job title
Family Office and Wealth Advisory Specialist (Vice President/Executive Director)
Experience level
10+ years
Minimum experience
10+ years exp
Industry
financial services
Location requirements
Singapore-based; remote work not specified
Salary
Not specified
Management role
No
Required skills
Preferred skills
Specializations
Structured locations inferred from the posting.
Singapore