Managing Director - Davy Select - Davy Wealth Management

Davy is a trusted market leader in wealth management and capital markets, building rewarding relationships that last. Our vision is to be the financial services partner most trusted by our clients and most admired for our people. We are committed to delivering world-class outcomes for our clients – whether they are individuals, businesses or institutions.

Developing our people is our priority and we are committed to embracing diversity in all its forms recognising that the breadth of thought, perspective and experience that emerges from a diverse workforce is essential to deliver on our core values.

Performance related bonuses, generous pension contributions and investment in your further education demonstrate the value we place in developing and rewarding our staff.

We are over 800 people, managing €16bn+ of our client assets, with offices in Dublin, Cork, Galway, Belfast and London. We are one team, always growing, putting our clients first.

An opportunity has arisen for a Managing Director to join the Davy Wealth Management Division.

About the Opportunity Managing Director – Davy Select – Davy Wealth Management:

Reporting to the Head of Wealth Operations, this role is responsible for the commercial and strategic management of the Davy Select business. The role is suited to an experienced Wealth Management executive currently operating at a Senior Director/Managing Director level, with exceptional drive, determination and a proven track record of commercial success in a complex regulated business. This people leader must have the ability to motivate, establish trust and build relationships.

Key responsibilities:

• Set and deliver the strategic agenda for Davy Select to best capture the retail market opportunity across all channels including BOI distribution
• Drive profitable sales growth across the D2C, Intermediary and ESOP businesses
• Manage new proposition development including digital innovation and best practice in service delivery
• Lead and represent the department at senior management forums and with relevant internal and external stakeholders
• Promote a strong culture of probity, client protection, regulatory & risk awareness, and administrative accuracy in line with our Risk and Compliance Culture Statement
• Build strong partnerships with BOI, leverage existing knowledge, expertise and systems to deliver commercial and strategic solutions
• As a key member of the WM SMT, make a significant contribution to the execution of the WM strategic and operating plans

Requirements

• Minimum 10 years’ senior management experience in retail financial services, preferably MiFID investment firms
• Proven track record in the areas of Business Development, Sales and Channel Management
• In depth understanding of the Davy Wealth Management operating model including P&L drivers, customer needs and internal capabilities
• Significant local market knowledge of industry key players, investment solutions, pensions, market trends and the regulatory landscape
• In depth knowledge and understanding of key regulations such as best execution, appropriateness, inducements, product governance and PRIPS
• Track record of successful new product innovation
• Existing relationships with key players in the Intermediary market a distinct advantage
• Excellent communication, presentation and negotiation skills
• Satisfactory fulfilment of minimum competency criteria as set out in the Minimum Competency Code

Davy is an equal opportunities employer and we are committed to fostering an inclusive workplace. We value diversity both in background and in experience. You might not meet all of the requirements outlined in the above job description, but we would still like to hear from you. We review all applications received.

Davy Group is a member of the Bank of Ireland Group.