Team Member - Wealth Management at DET Consulting Limited

Job Purpose

• To drive the growth of the Wealth Management deposit liabilities and risk assets in the Bank for optimal profitability

Duties & Responsibilities

• Primary role is to grow the assets and liabilities of the Financial Institutions Department in general and in the Insurance and Pensions Funds industries in particular
• Ensure the deepening of existing customer names in the Bank’s books
• Generate new business in the target market
• Develop strategies to attend to customer complaints as to foster customer retention and attend to all correspondences pertaining to the Unit
• Regularly appraise the activities and functions of the Unit and make recommendations for improvement to the Department Head and Divisional Head
• Perform other duties as assigned by Head Financial Institutions & Wealth Management.

Key Performance Indicators

• Revenue of accounts managed as measured by Fincon
• Business volume growth rate: Deposit and Loans
• Percentage [%] of variance in budgeted revenue
• Quality of credit portfolio
• Number of new HNI relationship won within the period
• Customer satisfaction index
• Numbers of Accounts lost within the period
• Numbers of complaints received on the accounts during the period.

Educational Qualifications

• Minimum Educational Qualifications: First Degree or its equivalent
• Post Graduate Qualifications: Relevant Master`s degree will be an advantage
• Professional Qualifications: ACCA, ICAN, CIIN, CITN and/or CFA as well as SEC Certification will be an added advantage
• Previous Work Experience Requirements: Minimum of 2 years’ experience in a Tier 1 bank with at least 2 years’ experience in Financial related institution, in a market-facing role.
• Experience in a non-bank financial institution would be beneficial.

Required Skills / Competencies:

• Knowledge and understanding of the financial markets both local/ international and the major players in the local non-bank FI space
• Environment for non-bank financial institutions
• Strong personal relationships among financial market regulators
• Excellent customer relationship development/management skills
• Good product knowledge
• Understanding of Balance sheet management.

Generic Skills:

• Excellent Presentation and communication skills
• Analytical Skills/ Problem solving
• Self-Management.

Disclaimer:

• The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification.