Regional Head | Wealth Management | Cape Town
Our client, a leading Wealth & Investment Firm is looking for an ideal individual to take on the role of Regional Head in the Wealth Management division.
Job Responsibilities:
- Ensuring client and stakeholder expectations are understood and met, building relationships through regular engagement.
- Build synergy across business functions: Advice, Banking and Lending.
- Build and maintain relationships with external stakeholders.
- Ensure alignment and achievement of strategy and create a competitive advantage by translating the company and Business Unit strategy into a customized Divisional strategy.
- Develop and introduce a people strategy that will create a culture that drives the Cluster and the company’s vision and values.
- Build a high-performance team.
- Ensure that the leadership agenda has been embraced by the division.
- Manage performance of direct reports and hold them accountable for managing the performance of their direct reports.
- Actively build a culture of improvement by ensuring active talent management and succession planning strategies for division.
- Engage with the team and identify additional training and development requirements.
- Participate in the recruitment and selection of senior staff.
- Optimize performance and motivation. Empower team to make decisions and recommend tailored solutions to Business Unit specific problems.
- Ensure implementation and execution of divisional sales strategy.
- Ensure profitability of distribution medium.
- Achieve and manage targets to these include front book (new clients) and back book (cross selling to existing client base).
- Manage budget costs within budget constraints.
- Keep abreast of competitor activities.
- Provide sales intelligence and solutions.
- Provide continuous sales leadership.
- Identify and reduce risk for the company.
- Produce reports to key business committees.
- Ensure the achievement of targets by monitoring implemented Divisional EE and Transformation Plan.
- Contribute to a culture of transformation by participating in the company’s culture building initiatives & business strategy.
- Develop, implement, and measure the effectiveness of a strategy to build a differentiated culture.
- Monitor achievement of function goals, and levels of service, and manage business and client interests.
- Improve division sales policies and procedures.
- Manage risk by providing input to policy and procedure formulation, issuing guidelines, participating in interpretation of legislation, and proactively managing changes.
- Improve process and skills.
- Advanced Diplomas, Bachelors' Degree, Honours or MBA.
- FAIS representative and preferably a Key Individual.
- Certified Financial Planner (CFP).
Experience:
- Minimum 6 - 8 years experience in Banking or Wealth Management.
- Minimum of 6 years experience at a leadership level.
- At least 5 years experience in managing teams.
- Formulating and implementing communication strategies to cascade functional strategies.
- Building a community of leaders.
- Conducting benchmarking exercises to identify improvement opportunities.
- Establishing and maintaining collaborative relationships with peers / subordinates / managers.
- Managing complex boardroom dynamics and exhibiting a strong boardroom presence.
- Managing multiple functions
- Making financial decisions.
- Modelling and encouraging a corporate culture.
- Presenting to senior leaders.
Technical / Professional Knowledge:
- Strategic planning
- Budgeting
- Financial Accounting Principles
- Business principles
- Communication Strategies
- Financial Acumen
- Business writing skills
- Capacity planning
- Relevant regulatory knowledge
- Governance, Risk and Controls
Behavioural Competencies:
- Aligning and Executing Sales Strategy
- Motivating the Sales Team
- Driving for results
- Decision Making
- Planning and Organizing
- Building the Sales Team
- Driving Successful Customer Engagements
- Coaching