Assistant Vice President, Product Management (Deposits & Payment)

Job title: Assistant Vice President, Product Management (Deposits & Payment)

Company: OCBC Bank


Job description: OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is one of the world’s most highly-rated banks, with Aa1 by Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.OCBC is the second largest financial services group in Southeast Asia by assets. The Group offers a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Its insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the leading asset management companies in Southeast Asia.The Group’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has close to 420 branches and representative offices in 19 countries and regions.For more information, please visit www.ocbc.com.hk to learn more about OCBC Hong Kong.Job Summary:The role manages deposit and payment products. Responsibilities include product management, market research, analyzing customer needs, coordinating with cross-functional teams, and supporting product and campaign launches. The role assists Head of Deposits & Payments in maximizing product performance in terms of revenue and enhancing customer experience while ensuring compliance with regulatory standards.What you will be doing:

• Lead the development and management of the bank’s deposit product portfolio.
• Manage deposits and payments campaigns end-to-end.
• Conduct comprehensive market research to identify customer needs and preferences.
• Implement deposit solutions to enhance product offerings.
• Execute competitive pricing strategies for deposit & payment products well.
• Collaborate with marketing, sales channels, compliance, and operations teams to ensure successful product launches.
• Monitor product performance and implement improvements based on analytics.
• Lead deposit product procedures and governance related projects.
• Mentor and guide junior team members in product development processes.
• Drive initiatives to enhance customer experience and satisfaction.

What we are looking for:

• University graduate
• Minimum 5 years of relevant experience in banking or financial industry, preferably retail assets or liabilities products; and
• Minimum 2 years in product campaign and payment projects
• Strong financial acumen and experience in P & L management
• Strong analytical, data analysis and problem-solving skills
• Excellent communication skills
• Self-motivated and be able to work under pressure
• Proficient in Microsoft Excel, Word and PowerPoint
• Candidate with more experience might be considered as VP

Expected salary:

Location: Hong Kong

Job date: Wed, 21 May 2025 07:56:48 GMT

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