Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Team Head
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Team Head is expected to lead and develop a private banking team serving high-net-worth and ultra-high-net-worth clients. Key responsibilities typically include managing client relationships, growing assets under management, identifying investment and wealth-planning opportunities, ensuring suitability and regulatory compliance, and coaching relationship managers. Candidates should have substantial private-banking or wealth-management experience, a strong track record in client acquisition and revenue generation, sound knowledge of investment products, and established networks among affluent clients and intermediaries. Strong leadership, communication, commercial judgment, risk awareness, and the ability to work collaboratively across investment, credit, product, and compliance teams are expected.
Can I work in Singapore?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.
Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.
What the job usually comes with in Singapore
Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.
| Housing | Not usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law) |
|---|---|
| Relocation | Work Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk |
| Flights | Work Permit staff: flight home paid by the employer (by law); others only if the offer says so |
| Contract | Work Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default |
| Leave | 7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital |
| Income tax | 0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass |
| Health cover | Employer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Bank of Singapore Limited
Bank of Singapore Limited is the private banking subsidiary of OCBC, one of Southeast Asia’s largest financial institutions. Headquartered in Singapore, the bank provides wealth management services to high-net-worth and ultra-high-net-worth individuals, families, entrepreneurs, and institutions across Asia and other international markets. Its services generally cover investment advisory and management, portfolio solutions, wealth planning, financing, trust services, and private-market opportunities. The bank emphasizes open architecture, combining internal capabilities with products and expertise from external partners. As part of the OCBC Group, it benefits from a broad regional network, established banking infrastructure, and access to corporate and institutional expertise. Singapore serves as a major centre for its private-banking operations, supported by a mature financial-services ecosystem and a diverse international client base.