ROLE DESCRIPTION AND PURPOSE
In light with the launch of new Wealth management companies JVs in mainland (such as Amundi-BoC WMC, Shroders-BoCoM), BNPPAM is pursuing a similar opportunity with a major local bank.
The project includes 2 phases : phase 1 with negotiation of the terms of cooperation, business plan and filing of required documents by the regulator CBIRC.
It is expected this phase to last 2 months with potentially the support of consultants. Phase 2 with the definition of the new JV operating model, definition of business needs and implementations of required infrastructure, IT systems, staffing and procedures.
Different workstreams with BNPPAM experts / contributors should be organized. This phase is expected to last 6-9 months.
The role will be fully dedicated to this project. It will consist in supporting the proper governance of the project (organization and follow-up of committees), coordinating with BNPPAM workstreams and challenging them when necessary, coordinating with the JV team of the local partner.
This mission of overall 1 year could potentially lead to join the future JV in mainland. Ideally some exposure to Asset management would be a plus.
Written and oral mandarin is a must. The role will first be based in HK with frequent travels in mainland when possible.
Lead the implementation of the assigned China project, monitor budget execution of associated tasks, provide explanation and remediation plans to management in case of deviation
Bring expertise and knowledge of the China asset management market
Act as trusted advisor to the regional management on topics related to China development
Build a trust based relationship with the partner project teams
Orchestrate project work in a time-bound manner
Conduct detailed analytical assessments and recommendations
Maintain the associated business plan and ensure adherence to it
Support and accompany project contributors along all relevant phases
Keep abreast of industry and regulatory changes
Develop and prepare senior management presentations and committees and relevant decision proposals
Occasionally support other projects
Give and take feedback in a constructive way
Internal : Global & Regional Management, Business & Functions Heads, BNPP Group project stakeholders
External : Lawyer, Consultants
ESSENTIAL QUALIFICATIONS & EXPERIENCE
7-8 years of work experience in the asset management or banking industry, and / or consulting experience in financial services
Deep knowledge of financial markets and the asset management industry in mainland China, including the local regulatory landscape
Fluent English and Mandarin Chinese (oral and written), ability to read and understand technical documents in both languages (e.g. regulations)
Experience in leading strategic projects with proven track record
ESSENTIAL SKILLS / COMPETENCIES
Ability to deal with senior management on a day-to-day basis
Cultural awareness, taste for working in a diverse and highly energetic environment
Strong communication and interpersonal skills, with ability to articulate and explain local specificities of the business
Professional knowledge of MS Office, ability to develop convincing documents for stakeholders with high attention to details
Acute conceptual, analytical and problem solving abilities
Ability to collaborate with diverse groups, teams and levels
Result-oriented and motivated, proactive, "can-do" attitude
Highest ethical standards
Highly energetic and result-oriented attitude