Job Summary
* The incumbent has to build the investment advisory business targeted at UHNI clients.
* The offering will be a multi-asset class advisory platform delivered thru our proprietary NDPMS product.
* Skillset / workex required is Understanding of key asset classes, experience of building model portfolios, sound understanding of various products & single securities like Equity, Debt, REIT, INVEITs, Private Market products, track record of managing large client portfolios (>$ 5 Mio) in an advisory platform / wrapper is essential
* This role will also require building out the process and driving portfolio reviews with the large clients, and also using this offering to garner new clients / AUM from the market. So a client connect experience in this specific area is preferred.
Brand
* Strengthen SCSI in the local market as leader of Investment Advisory offering unique value proposition
Key Responsibilities
* In addition, the person should be able to leverage a securities platform to build out wealth capabilities which can supplement / compliment the managed investments products offering of the bank.
* This would include both exchange traded / non-exchange traded non-equities products like fixed income, REITs/INVEITs and also providing access to investment opportunities thru third parties in private markets, private credit, unlisted equity, fixed income ideas / research etc.
Strategy
* Manage strategic intent of the organization in terms of investment advisory.
* Provide direction, guidance to team of specialists in the business.
* To set performance management standards and provide the basis for performance challenge to accountable teams
Business
Internal
* SCSI
* Wealth
Processes
* Good understanding of multiple asset classes such as equity ,debt and alternatives
* Ensure analytics driven approach to formulate the right asset allocation for the customers with appropriate risk reward ratio
* Good interpersonal skills with demonstrated abilities in networking with cross-functional teams
* Problem solving supported by both in and out of the box thinking
* Understanding of fundamental and technical analysis to provide leadership and guidance to the team
People & Talent
* Build team capable of ensuring delivery and managing products through:
* Coaching, guidance and management to ensure they deliver against the financial, non-financial and risk/control objectives
* Identifying and addressing the top issues/opportunities for performance improvement across the team
* Driving an environment of collaboration, both within the team, in-country to ensure issues are raised and resolved
* Developing succession plans
* Adherence to the Group's values and culture
Risk Management
* To ensure compliance with Group Policies and Standards, local laws and regulations as well as all controls and procedures laid down by the entity
Governance
* Have strong knowledge of local regulations and initiatives of local industry bodies to ensure the business is ahead of the regulatory change
* Proactively engage business & functional partners / stakeholders to drive the origination product offering and sales discipline
Regulatory & Business Conduct
* Display exemplary conduct and live by the Group's Values and Code of Conduct.
* Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
* Lead the INDIA - CPBB - WM - SCSI - Products to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
* Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
* MD & CEO - SCSI
* Head, WM - SCB
* Head MI-SCB
* Chief Investment Strategist -SCB
* Head - Business
* Head - CFCC
* Head - Legal
* Head - Risk
* Head - Ops
* Head - IT
* COFO
* Global Chief Investment Officer
Skills and Experience
* Products and Processes
* Market Knowledge (SIF)
* Regulatory Framework and Requirements (SIF)
* Manage Conduct
* Manage People
* Manage Risk
Qualifications
* Post Graduate/MBA
* 12-15 years' experience in BFSI industry (product/segment role preferred)
* Strong grasp on investment advisory
* Good knowledge of financial products with responsibilities for revenue, product development, process, systems and risk management.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
* Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
* Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
* Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
* Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
* Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
* Flexible working options based around home and office locations, with flexible working patterns.
* Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
* A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
* Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.