Description

An associate director of financial services typically assists in the financial operations of a company, managing many of the day-to-day activates required of financial associates. In the typical day, associate directors of financial services help the director of financial services and associates with any issues that arise. Sometimes, interactions directly with customers are required as well. Besides the interpersonal elements of the job, associate directors of financial services are required to manage various day-to-day financial data, including customer billing, supplier payments, and company costs. Analysis of these activities on a month-to-month basis is often necessary, as are reports on financial performance to managers. These associate directors typically work full time in an office setting; overtime may be required as deadlines approach.

A bachelor’s degree in business administration or a related field is generally required for this position, and a more advanced degree may be preferred. Several years of related experience is generally needed as well. Associate directors of financial services need to have excellent leadership skills, as the position generally has several direct reports. Strong computer skills are necessary as well, as associate directors of financial services are required to work with spreadsheet programs and analysis tools. Associate directors of financial services must have excellent interpersonal skills as well.

Roles & Responsibilities

As an Associate Director of Financial Services with 0-3 years of experience in Singapore, your main responsibilities include:

  • Conduct financial analysis and provide insights on market trends, investment opportunities, and risk assessments.
  • Assist in the development and implementation of financial strategies and initiatives to optimize business performance.
  • Support the preparation of financial reports, budgets, and forecasts to ensure accuracy and compliance.
  • Collaborate with cross-functional teams to streamline financial processes and enhance operational efficiency.

Qualifications & Work Experience

For the role of Associate Director of Financial Services, the following qualifications are required:

  • Deep industry knowledge and experience in financial services, including banking, insurance, or investments. This is essential for understanding the complexities of the industry and effectively managing financial operations.
  • Strong leadership and managerial skills to oversee a team of financial professionals and drive organizational growth. This involves setting strategic goals, managing budgets, and ensuring compliance with regulations.
  • Excellent communication and interpersonal abilities to liaise with clients, stakeholders, and executives. Effective communication is crucial for building strong relationships, presenting financial data, and providing valuable insights to key decision-makers.
  • Proven track record of driving financial performance, optimizing processes, and implementing innovative solutions.

Essential Skills For Associate Director of Financial Services

1

Finance Analytics

2

Financial Statement Analysis

3

Strategic Finance

Career Prospects

For individuals with 0-3 years of work experience in Singapore's financial services sector, the role of Associate Director is a critical stepping stone to advance their career. However, there are several alternative roles to explore that come with increased responsibilities and growth potential. Here are following options to consider:

  • Financial Planning & Analysis Manager: A position focused on analyzing financial data, developing budgets and forecasts, and providing strategic business insights to support decision-making.

How to Learn

The Associate Director of Financial Services role in Singapore is projected to experience significant growth in the market. Over the past 10 years, the job role has witnessed a steady increase in demand, reflecting its importance in the financial sector. With Singapore's robust economy and thriving financial industry, employment opportunities for Associate Directors of Financial Services are expected to continue expanding in the future. These projections are supported by recent data points from Google, indicating a strong demand for professionals in this position. Consequently, individuals interested in pursuing a career in this field can anticipate a promising job market ahead.