Job description
Some careers grow faster than others.
If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC Global Private Banking helps high net worth and ultra-high net worth clients manage, grow, and preserve their wealth for generations to come. Our network of global experts helps clients access investment opportunities around the world, plan for future with wealth and succession planning, manage their portfolio with tailored solutions, and find the right support for their philanthropy.
We are currently seeking a high calibre professional to join our team as a Relationship Manager - Gamma Team.
Principal Responsibilities
The Gamma Team
- Is part of the Client Lifecycle Management (CLM) team
- Client services accounts which have been identified for exits ( tail end of the account lifecycle)
- Applies streamline processes to manage volume ( ~ 180 accounts per RM)
- Is a bridge between the client / bank, to support professional client servicing and risks management
As a Relationship Manager in the Gamma team, you will
- Manage accounts, which are in the exit status and classified as per below
- Financial Crime Risk Exits (FCR)
- Risk Appetite Exits (RA)
- Economic/ Non-Priority Markets Exits (EC)
- Participate in the Segmentation exercise, where the accounts below the PB minimum balance will be identified for exits
- Work jointly with the Marketing teams to receive account assignments
- Handhold the clients on the exits with suitable approach and solutions
- Mitigate risks, reduce assets for eventual closure of the accounts
- Adhere to cross border guidelines and work with various departments to support the client servicing, which cannot be closed due to illiquid assets (e.g. - Corp actions/ remittances/ liquidations/ documentation requirements etc.)
- Perform dual roles (RM & ARM) for the portfolio of accounts
- Support the Team leader to achieve the Team's objectives
Requirements
- CACS Paper 1 & 2 certified
- CMFAS Module 1A/B, 6/6A or RES1B/2A, CM-EIP & SIP or CM-CMP, whichever relevant (to be completed within first 3 months)
- Minimum 3 years Assistant Relationship Manager experience/ Junior RMs are welcome
- Good understanding and knowledge of investment products
- Ability to function independently, dual roles of a Relationship Manager / Assistant Relationship Manager
- Strong client servicing skills and ability to deal with volume and complex cases
- Pleasant personality with excellent communications skills
- Team Player
To be considered for this role, the relevant rights to work in Singapore is required.
The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regards to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis.
You’ll achieve more when you join HSBC.
www.hsbc.com/careers
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited.