Head of Wealth
The Position:
The role holder will
provide Specialist Investment advice to clients and relationship managers to
meet Clients’ desired investments needs and give feedback to ensure provision
of best solution.
Key Responsibilities:
- Investment
Advisory: Provide
advice on quality of clients existing portfolio based on sound assets
allocation principles. Understand client risk appetite, investment
preference and return expectation through consultation with Client Advisor
and indirect client meeting.
- Market
Development: Drive
the expansion of the Wealth Business by identifying and developing new
areas of growth.
- Competitor
Analysis: Act
as sounding board for competitor Investment proposals by providing timely
analysis of market and product information. Review client investment
portfolios on an annual basis. Educate client on new product ideas.
- Solution
Generation: Provision
of relevant investment solutions given client needs/objectives. Understand
specific client issues, including restrictions to provide optimal
solutions by Identifying opportunities/solutions from the wider KCB Bank
which benefit the client.
- Management
Support: Provide
oversight for client servicing staff by establishing standards of
high-level performance.
- People
Management: Develop
and grow a highly functioning Wealth management team with deep capacity to
advice and ensure client portfolio growth.
- AML: Ensure that the Anti Money
Laundering requirements are strictly adhered to. Take all reasonable steps
to verify and identify the customers. Make prompt reports of suspicion
transactions using the right internal channels. Raise awareness on Money
Laundering prevention by training all staff/attending training sessions.
Adhere to the Group and local record retention requirements.
- Transaction
Execution: Timely
and accurate dealing of Clients’ orders. Track and provide regular
feedback on processed transaction/solution to customer. Maintain an
adequate control environment and operational procedures to prevent loss
from non- adherence to controls.
- Governance: Ensure all general legal
and regulatory requirements relating to specific activity are complied
with. Ensure all staff within Wealth operates under the highest standards
of AML Management and other controls as stipulated by the regulators.
The Person:
For the above position,
the successful applicant should have the following:
- Mus
have a Business related or equivalent Degree from a recognized
institution.
- Possession
of a master’s degree, CPA, CFA, ACCA will be an added advantage.
- 8
years’ experience in a Wealth Management environment.
- Have
experience in doing Business Development and sales at a national level.
- Possession
of strong leadership skills, people and relationship management skills,
networking and negotiation skills and team motivation.
- Understanding
of Customer financial planning life cycle and Investment Banking Products.
How to Apply
The above position is
demanding role for which the Bank will provide a competitive remuneration
package to the successful candidate. If you believe you can clearly demonstrate
your abilities to meet the criteria given above, please log in to our
Recruitment portal and submit your application with a detailed CV.
To be considered your
application must be received by Friday 24th February
2023
Qualified candidates with
a disability are encouraged to apply.
Only short-listed
candidates will be contacted.
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