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Deputy Head of Private Bank, Leading Bank

icon building Company : Michael Page
icon briefcase Job Type : Full Time
icon geo-alt Hong Kong

Job Description - Deputy Head of Private Bank, Leading Bank

  • Direct exposure to senior leadership and key strategic decision-making
  • Regional remit across multi-product PB platform with strong business impact
About Our Client

A leading financial institution with a well-established Private Banking platform and strong growth ambitions in the region.

Job Description

Key Responsibilities
  • Partner closely with the General Manager to support the strategic direction, operational management, and overall development of the Private Banking function.
  • Drive sustainable business growth, enhance profitability, and improve operational effectiveness in line with the Bank's long-term objectives.
  • Provide senior oversight across Private Banking, Investment, Securities, Insurance, and Wealth Management businesses, ensuring full compliance with regulatory requirements, internal policies, and HKMA standards.
  • Lead governance and risk oversight for private banking activities, including suitability, AML/CFT controls, regulatory compliance, and operational risk management.
  • Act as a key liaison with regulators, auditors, and internal control teams on all private banking-related matters.
  • Build and maintain strategic relationships with key clients and business partners to support business expansion and key initiatives.
  • Support or lead additional strategic projects and responsibilities as delegated by senior management.
The Successful Applicant

Requirements
  • Bachelor's degree or above in Finance, Business Administration, Economics, or a related field.
  • Minimum 15 years of experience within the banking industry, with strong exposure to Private Banking and Wealth Management; at least 8 years in a senior leadership capacity.
  • Certified Insurance Responsible Officer (RO); Securities Executive Officer (EO) qualification would be advantageous.
  • CPWP qualification preferred.
  • Strong product knowledge across private banking, investment advisory, securities, insurance, and wealth management solutions.
  • Proven experience in risk management, regulatory compliance, governance, and suitability frameworks within a private banking environment.
  • In-depth understanding of Hong Kong regulatory requirements, including SFC, insurance regulations, and AML/CFT standards.
  • Strong leadership, stakeholder management, and business development capabilities, with the ability to lead and develop teams effectively.
  • Proficiency in Cantonese, Mandarin, and English (both written and spoken).
What's on Offer
  • Attractive discretionary bonus scheme.
  • Opportunities for career progression within a large organization in the financial services industry.
  • Exposure to high-profile clients and complex financial portfolios.
  • Collaborative and professional work environment in Hong Kong.
If you are ready to take the next step in your career as a Deputy Head of Private Bank, we encourage you to apply today.
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