This role is responsible for Wealth Products, Platforms and Propositions across the full client continuum in Mexico.
The Head of IWS must ensure client focus by serving all WPB client segments whilst also catering to the specific needs of HNW, Premier and Personal client segments, while aligning investment services and leveraging synergies with internal and external partners.
The Head of IWS has leadership and full accountability for:
1. Wealth Products P&L across the full continuum encompassing (full year 2020 figures):
o Wealth Balances: $230,040,000,000 MXP in Administrated Wealth and TDA Assets.
o Wealth Revenues: $3,425,000,000 MXP; representing c. 25% of the Total WPB revenues
2. Wealth Products & Platforms holistic growth and profitability strategies enabling a correct asset allocation through compelling, competitive, cost-efficient, and digitally empowered Wealth Solutions for the client continuum.
3. Pricing Desk and CAB efficiency and supporting capabilities for Commercial and Product teams.
4. Wealth Insights full support to Commercial team providing pertinent, relevant and timely information to customers and ensuring brand top of mind.
5. Wealth Oversight & Transactional Banking ensuring service excellence for Mass-Affluent and HNW clients while securing Wealth Products operation, regulatory and governance assurance.
6. Wealth support for the branch network and upper Wealth/Private Client segments through Product and Wealth Insights Managers, Investment and Pricing Desk team, and collaborating with Investment Counselors.
The role requires a broad understanding of the fundamentals of financial planning and Wealth products knowledge. The role holder will work with the broader Branch network, Wealth Premier-Premier & Advance segments to ensure the achievement of the business performance measures and plan (as defined by WPB).