As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
This position is responsible for :
i) heading the Family Office and Structuring Solutions unit within the Family Office and Wealth Advisory department, responsible for thought leadership and the development and enhancement of BOS’ family office and wealth planning offering and solutions to take into consideration client and industry demands and trends for solutions in relation to estate, succession, inter-generational transfer, family office, philanthropy and governance needs
ii) as part of the role, have client engagement responsibilities in advising clients on holistic family office and wealth planning solutions, playing a role in business development both with clients and stakeholders, internally and externally
Specific scope of work includes:-
• Leading a team of advisors having specialised responsibility in wealth structuring solutions (e.g. family office, governance, philanthropy),developing BOS’s offering in these area and curating the value proposition, positioning and delivery of such solutions to clients
• Provide senior wealth planning advisory services to clients including advising on Trust planning, Family office solutions, Philanthropic plans, liquidity plans and other related client needs .
• Provide thought leadership on the various wealth structuring issues and considerations, addressing media queries and representing BOS in branding, media and external communications
• Proactively build strong and trusting partnerships with Bankers and other specialists in developing solutions and servicing client relationships
• Presenting internally and to bankers on the various wealth structuring solutions and initiatives
• Attend meetings and lead discussions with clients, bankers and professional advisors with the view of assessing and delivering solutions to client needs
• Travel with bankers for client engagement and ensure all applicable law and regulations are complied with
• Contribute actively to achieving bank’s AUM, revenue and structure targets
• Conduct trainings and updates on Wealth Planning topics and solutions within the team and 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 the structuring and solutions objectives and client’s needs
Work Experience Requirements
• Generally, minimum of 15 years of relevant working experience
• Strong understanding of Wealth Planning, Family Office, Trust, Philanthropy solutions
• Track record of structuring and written and presentation skills for clients of relevant markets
• Knowledge of legal, tax and regulatory aspects in key markets and how these affect structuring of solutions. Well versed in wealth planning and family office structures and solutions used in key markets.
• Good stakeholder management, interpersonal, communication and client interfacing skills. Ability to work in a multi-cultural environment with a diversified base.
• Excellent interpersonal skills and ability to interact with a wide cross section of stakeholders
Education Requirements
• Tertiary Education with a legal or tax / accounting degree
• STEP Qualified preferred
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
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.
