Department size: 15 - 20
Working experience: more than 10 years
Field: ☒Banking industry ☐ Financial Industry ☐ Others
Minimum Education level: ☐ Diploma ☒ Bachelor’s Degree ☐ Master’s Degree
Institution: ☒ Local tertiary ☒ Based on COMPASS requirement ☒ Others
Field of study: Banking and Finance, Accounting, Economics, or a related field.
Work rights status: ☒Singaporean ☒ Singapore PR ☒ Pass holder
Main job description
1. Trust & Estate Planning
- Assess Client Needs: Conduct comprehensive evaluations of clients' financial situations, personal goals, and family dynamics to enhance wealth planning.
- Implement Estate Planning Strategies: Develop and execute estate planning strategies tailored to clients' needs, ensuring legal and tax efficiency.
- Coordination: Collaborate with legal and tax professionals to ensure the proper execution of estate plans.
- Ongoing Review: Regularly review and update estate plans to reflect changes in clients' circumstances or relevant laws.
2. Philanthropy
- Philanthropic Guidance: Provide strategic advice on charitable giving, aligning with clients' values and goals.
- Network Connection: Connect clients with suitable nonprofits, foundations, and social service organizations within the bank’s network.
- Charitable Vehicles: Assist in setting up and managing donor-advised funds, private foundations, and other charitable entities.
- Impact Evaluation: Develop metrics to assess and report on the impact of clients' philanthropic efforts.
3. Family Governance
- Governance Structures: Create and implement family governance frameworks, including formal policies and procedures.
- Family Meetings: Organize and facilitate family meetings to discuss governance, financial education, and succession planning.
- Education: Provide training and resources to help family members understand their governance roles and responsibilities.
- Governance Bodies: Establish and define roles for family councils or boards.
4. Wealth Planning and Strategies
- Wealth Management: Design personalized investment and wealth management strategies based on clients' goals, risk tolerance, and time horizons.
- International Tax Planning: Provide guidance on tax-efficient structures and compliance for cross-border assets.
- Global Coordination: Manage relationships with international financial institutions and advisors.
- Strategy Monitoring: Continuously monitor global markets and regulatory changes, adjusting strategies as needed.
5. Family Office Services
- Family Office Design: Assist clients in creating and structuring family office strategies tailored to their needs.
- Investment Management: Offer bespoke investment management services and exclusive investment opportunities.
- Credit Services: Advise on and facilitate tailored credit solutions, including specialized lending.
- Exclusive Events: Organize and host exclusive events, such as investment seminars and networking opportunities.
- Administrative Support: Provide a range of administrative and concierge services to support clients' lifestyle needs.
Other job requirements
- Minimum of 10 years in the banking or accounting industry, with over 5 years specializing in advising high-net-worth clients on legacy planning, family office management, and wealth distribution strategies, particularly in Taiwan or Singapore.
- Minimum of 4-5 years of experience in auditing financial statements for publicly listed companies in Taiwan, preferably with a Big Four Accounting Firm.
- Over 9-10 years of experience as a Wealth Planning Team Leader in the banking sector.
- Prior experience as the Head of a Trust Business Department, including leading a team of more than 30 professionals.
- Comprehensive understanding of rules and regulations across various Asian jurisdictions, with a particular focus on Taiwan and Singapore.
- Strong communication and interpersonal skills, with proficiency in both English and Chinese for direct email correspondence and periodic reports for international branches and headquarters in Taiwan.
- Proven ability to thrive in a fast-paced environment, managing multiple tasks simultaneously and effectively handling escalations to drive resolutions.
Top 3 requirements that candidates must possess
- Language proficiency in reading, writing and communicating
- Having prior experience as the Head of a Trust Business Department, including leading a team of more than 30 professionals.
- Minimum of 4-5 years of experience in auditing financial statements for publicly listed companies in Taiwan, preferably with a Big Four Accounting Firm.
Additional request(s)
- CPA, CFP, Family Trust Planning Consultant, or Eldercare Financial Planning Consultant.
- Candidates with past wealth planning experiences in Taiwan will have an advantage.
