Verified Job
Accounting - Finance
Head of Private Banking & Wealth Management (UK)
Accounting - Finance
#628618
Remote / WFH
Job Description
Head of Private Banking & Wealth Management
We are seeking to hire a UK Head of Private Banking & Wealth Management (PB&WM). This segment provides a technology platform, investment processing, asset management and associated professional services to banking and wealth management firms.
This role is responsible for the strategy, execution and delivery of the PB & WM business and oversees the marketing, sales, client servicing and solution development of SIEL’s PB&WM services.
What you will do:
Achieve business targets, including annual revenue, profit and AUA goals
Manage people, culture and financials
Oversee the development of suitable products and services
Ensure that services are delivered in accordance with agreed client expectations and regulations e.g. FCA Consumer Duty requirements
Provide regular updates to SIEL CEO with matrix reporting to the global business head on how key deliverables are being achieved
Ensure that management operates within the Board’s risk appetite
Drive business development and identify new business opportunities
A significant responsibility for this role will be managing PB & WM business delivered through SEI’s wholly-owned UK subsidiary, SEI Investments Europe Ltd, or “SIEL,” a financial services firm regulated by the Financial Conduct Authority, or “FCA.” This role is identified as an FCA Senior Manager “SMF18 – Other Overall Responsibility” and subject to approval by FCA.
As a Senior Manager approved to perform a Senior Management Function (SMF), you will be required to adhere to FCA’s Individual Conduct Rules and the Senior Manager Conduct Rules and will be accountable for the following overall responsibilities for and on behalf of SIEL:
Producing and delivering SIEL’s PB & WM business strategy, including the associated services and activities (regulated or otherwise).
Production and/or distribution of marketing materials and communications associated with SIEL’s PB & WM business line.
Responsible for SIEL’s PB & WM client relationship management, business development, client service and change delivery.
Further detailed information regarding regulatory responsibilities can be found in the supporting Statement of Responsibilities for this role.
We are seeking to hire a UK Head of Private Banking & Wealth Management (PB&WM). This segment provides a technology platform, investment processing, asset management and associated professional services to banking and wealth management firms.
This role is responsible for the strategy, execution and delivery of the PB & WM business and oversees the marketing, sales, client servicing and solution development of SIEL’s PB&WM services.
What you will do:
Achieve business targets, including annual revenue, profit and AUA goals
Manage people, culture and financials
Oversee the development of suitable products and services
Ensure that services are delivered in accordance with agreed client expectations and regulations e.g. FCA Consumer Duty requirements
Provide regular updates to SIEL CEO with matrix reporting to the global business head on how key deliverables are being achieved
Ensure that management operates within the Board’s risk appetite
Drive business development and identify new business opportunities
A significant responsibility for this role will be managing PB & WM business delivered through SEI’s wholly-owned UK subsidiary, SEI Investments Europe Ltd, or “SIEL,” a financial services firm regulated by the Financial Conduct Authority, or “FCA.” This role is identified as an FCA Senior Manager “SMF18 – Other Overall Responsibility” and subject to approval by FCA.
As a Senior Manager approved to perform a Senior Management Function (SMF), you will be required to adhere to FCA’s Individual Conduct Rules and the Senior Manager Conduct Rules and will be accountable for the following overall responsibilities for and on behalf of SIEL:
Producing and delivering SIEL’s PB & WM business strategy, including the associated services and activities (regulated or otherwise).
Production and/or distribution of marketing materials and communications associated with SIEL’s PB & WM business line.
Responsible for SIEL’s PB & WM client relationship management, business development, client service and change delivery.
Further detailed information regarding regulatory responsibilities can be found in the supporting Statement of Responsibilities for this role.
