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Head of Broker Channel Distribution

https://www.hsbc.com Logo

HSBC

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Location:
Hong Kong, Mongkok

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Category:
Insurance

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Contract Type:
Employment contract

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Salary:

Not provided

Job Description:

The Head of Broker Channel Distribution is responsible for developing, managing, and growing the company’s broker network to drive sales, market penetration, and revenue growth. This role involves strategic leadership, relationship management, and performance optimization of the broker channel, ensuring alignment with organizational goals.

Job Responsibility:

  • Develop and execute a broker distribution strategy to expand market share and achieve revenue targets
  • identify and onboard new broker partners while strengthening relationships with existing ones
  • analyze market trends, competitor activity, and broker performance to refine strategies
  • serve as the primary liaison between the company and key broker partners
  • conduct regular business reviews with top brokers to align on goals, address challenges, and optimize performance
  • negotiate agreements, incentives, and commission structures to motivate brokers
  • set and monitor sales targets for the broker channel, ensuring accountability
  • provide training, product updates, and marketing support to empower brokers
  • collaborate with underwriting and product teams to tailor solutions for broker clients
  • ensure all broker activities comply with regulatory requirements (e.g., AML, KYC, fiduciary standards)
  • mitigate risks related to broker fraud, misrepresentation, or conflicts of interest
  • lead and mentor a team of broker relationship managers or sales support staff
  • foster a high-performance culture through coaching and incentive programs.

Requirements:

  • 10+ years in sales/distribution, with at least 5 years in a broker channel leadership role (insurance, financial services, or asset management preferred)
  • proven track record of growing broker networks and hitting sales targets
  • strong negotiation, influence, and stakeholder management skills
  • deep understanding of broker economics, commission structures, and regulatory frameworks
  • analytical mindset with proficiency in CRM tools (e.g., Salesforce) and sales metrics
  • bachelor’s degree in Business, Finance, or related field
  • MBA or industry certifications (e.g., CII, CFA) a plus
  • professional qualifications such as Enhanced Competency Framework (ECF) and/or Certified Banker (CB) under Hong Kong Institute of Bankers (HKIB) would be an advantage.

Nice to have:

  • MBA
  • industry certifications (e.g., CII, CFA)
  • professional qualifications such as Enhanced Competency Framework (ECF) and/or Certified Banker (CB).
What we offer:
  • Dynamic working environment
  • good career development opportunities
  • competitive compensation packages.

Additional Information:

Job Posted:
July 24, 2025

Expiration:
August 23, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:
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