CIMB

Head of Consumer Segments SG

CIMB
BankingSingaporeOnsitePosted 3 weeks ago

About the role

Senior leadership role responsible for driving growth and profitability across multiple consumer banking segments in Singapore and Malaysia. The position involves strategic planning, product development, cross-border banking solutions, and team leadership to achieve deposit growth, investment penetration, and client acquisition targets.

BankingOnsite

Key Responsibilities

  • Develop and execute strategic plans and clear vision for each consumer segment to drive growth and profitability
  • Oversee the design and delivery of tailored products and services for the SG-MY cross-border segment, silver generation segment, preferred segment, and mass segment
  • Drive sales and revenue growth by meeting each segment's KPIs, including (but not limited to) deposit growth, investment Banca penetration, and client acquisition targets
  • Ensure a superior customer experience across all segments by understanding and addressing the unique needs and preferences of each group
  • Implement initiatives to improve customer satisfaction and loyalty
  • Lead the development and management of cross-border banking solutions for the SG-MY segment, facilitating seamless transactions and services between Singapore and Malaysia
  • Drive the uplift of all consumer segments AUM (e.g., preferred, mass, silver generation and SG-MY)
  • Lead and implement a sales and service model for the Bank
  • Collaborate with regional teams to enhance cross-border offerings and ensure regulatory compliance
  • Plan and execute targeted events and marketing strategies for each consumer segment to drive engagement and brand loyalty

Requirements

  • Bachelor's degree and/or Master's degree in Finance, Economics, Business Administration, or a related field
  • At least 10 years of experience in consumer banking, segment management, or related roles within the financial services industry
  • Proven track record of developing and managing successful segment strategies and driving business growth
  • Strong business acumen
  • Ability to develop and execute strategic plans that drive segment growth and profitability
  • Driven and results oriented
  • Strong analytical skills with the ability to interpret market data and trends
  • Strong collaboration, networking and alliance building skills
  • Deep understanding of customer needs and the ability to provide tailored solutions
  • Strong interpersonal and communication skills
  • Well informed of the market environment, industry practices and regulations governing the Consumer Banking business
  • Strong leadership and people management skills
  • Strong understanding of regulatory requirements and experience in ensuring compliance within the financial services sector