Head - Finance (Business Finance -Regional Wealth Management)

If you are looking to excel and make a difference, take a closer look at us…

Functional (job responsibilities)

Control & Analysis, Strategy development

• Jointly reviews and develops BU strategy and financial projections.

• Continuous analysis of business performance versus budget and forecast, and highlight/issue early warning of significant deviations and take actions with business head to address root cause.

• Reviews and conduct analysis to justify Capex and major business projects, new products.

• Assess financial impact of new accounting standards and regulatory requirements on the business.

• Cost analysis by monitoring and controlling costs and other related Sales, Marketing and Admin expenses.

• Responsible for developing and monitoring product/segment performance, KPIs against budget and yoy.

Reporting

• Ensure timely submission of monthly financial reports (sales, AuM, P&L, BS) from all BUs and ad hoc reporting.

• Ensures timely submission of monthly financial reports, MC and BOD reports.

Project Implementation

• Supports implementation of Group initiatives (Cross-border referral and incentives, Business Analytics, Joint marketing with Group companies).

• Assist in assessing financial impact of new product programmes for RWM segment.

Works with Group CFO

• Budget and Performance Monitoring, Finance Top team projects.

• On new accounting/reporting standards/other regulatory requirements.

Quarterly Strategic Business Meeting Financial Information

• Assist with projections of 1st business day, mid-month, monthly forecast, quarterly forecast for management and QSBM reporting, full year financial forecast.

• Budget and Performance Monitoring, identify shortfalls and corrective actions taken.

Managerial (team/group responsibilities)

• Ability to establish, lead and manage the Business Finance RWM team within a multi system and a dynamic environment;

• Manage time effectively to achieve deliverables;

• Excellent interpersonal and communication skills;

• Responsible for human capital management - recruitment, staff retainment, grooming, and managing the compensation and appraisal process;

• Provide coaching and mentoring to direct reporting staff.

Organizational (organizational responsibilities) including 

•  Strategic Cost Management and Financial Goals

• Adherence to the Bank’s policy and procedures to minimize audit risk exposures;

• Raise any concerns in business process and highlight areas of concerns and deficiencies to reporting manger;

• Elimination of legacy infrastructure to create a STP environment;

• Relationship management with Operations, Risk, Group Finance and Internal / External Audit.

Education/Qualification

• Accounting degree or professional qualifications or MBA

Experience/Requirements

• More than 10 years of relevant experience specialized in Business Finance / Investment Finance experience with exposure in audit, financial and management accounting, financial forecast modeling, business and risk controls.

• Sound knowledge of banking products, relevant banking regulations and accounting standards.

• Conversant with financial analysis tools.

• A good understanding and hands-on experience with strategic and financial planning.

• Good verbal and written communication skills.

• Able to relate to people of all levels.

• Strong analytical and problem-solving skills

Realise your full potential at Hong Leong Bank by applying now.