Chief Executive Officer (COMPANY)
Job Description & Requirements:
A Chief Executive Officer typically includes a wide range of responsibilities related to managing and overseeing the operations of a financial institution or a financial services firm. Here are some key aspects of the role:
Strategic Leadership:
As a Chief Executive Officer, you will be responsible for providing strategic direction and leadership to the organization. This involves formulating and executing business strategies, setting goals, and driving the overall growth and profitability of the company.
Regulatory Compliance:
Being a MAS (Monetary Authority of Singapore) licensed entity means you will be responsible for ensuring compliance with regulatory requirements and guidelines set by MAS. Staying updated with regulations, implementing necessary controls, and maintaining proper documentation are crucial aspects of this role.
Team Management:
Chief Executive Officers are typically responsible for leading and managing a team of professionals across various functions, such as finance, risk management, operations, and compliance. This includes providing guidance, setting performance expectations, and fostering a positive work culture.
Business Development:
As a Chief Executive Officer, you will be expected to drive business development initiatives and forge strategic partnerships with clients, investors, and other stakeholders. This involves identifying new business opportunities, maintaining existing client relationships, and expanding the organization’s market presence.
Risk Management:
Chief Executive Officers are accountable for ensuring effective risk management practices within the organization. This involves developing risk management frameworks, implementing proper controls and procedures, and monitoring risk exposure across different areas of the business.
Financial Performance:
Chief Executive Officers have a key role in overseeing and managing the financial performance of the organization. This includes monitoring financial metrics, assessing financial risks, and making informed decisions to drive profitability and shareholder value.
Stakeholder Engagement:
Building sound relationships with stakeholders, including shareholders, regulatory bodies, board members, and external partners, is an essential part of the job. Chief Executive Officers are often the face of the organization and need to represent its interests professionally and effectively.
Board Reporting:
As a senior leader, you will be responsible for providing regular updates and reports to the board of directors, highlighting key metrics, performance, and strategic initiatives. Effective communication and presentation skills are crucial in this aspect of the role.
Stay abreast of market trends, economic conditions, and regulatory changes that may impact asset management decisions.
Overall, the Chief Executive Officer (of a MAS licensed entity) is a senior leadership position that requires a combination of strategic thinking, regulatory knowledge, business acumen, and excellent interpersonal skills to effectively manage the organization and drive its success.
As a Chief Executive Officer of a MAS licensed financial institution, you would have additional requirements specific to the financial industry in Singapore.
Some key qualifications and responsibilities:
Qualifications:
Hold a bachelor’s degree or higher in finance, economics, business, or a related field.
Have 15-20 years of relevant experience in the financial industry, preferably in a leadership or management role.
Possess a strong understanding of financial regulations and compliance.
Leadership and Management:
Provide strategic leadership and guidance to the company, overseeing its operations and ensuring adherence to regulatory frameworks.
Develop and implement business strategies, financial goals, and risk management policies to achieve company objectives.
Manage and lead a team of professionals, motivating and empowering them to achieve high performance.
Foster a culture of compliance and ethics within the organization, ensuring that all activities are aligned with regulatory standards.
Regulatory Compliance:
Stay updated with the evolving regulatory landscape and ensure the company’s compliance with all applicable MAS rules and regulations.
Implement robust internal control measures to safeguard against financial risks and ensure transparency and accountability.
Ensure all reporting and disclosure requirements to the MAS are met accurately and in a timely manner.
Stakeholder Management:
Build and maintain strong relationships with key stakeholders, including clients, investors, regulators, and board members.
Represent the company in meetings, conferences, and industry events to enhance its reputation and credibility.
Collaborate with external partners, such as legal advisors and auditors, to fulfill regulatory and compliance obligations.
