Team Lead, Deposit, Dual Currency and Foreign Exchange Products
Join our Wealth Management team as a Product Manager ! Drive innovation by managing elite deposit, Dual Currency Investment (DCI), and Foreign Exchange products for High‑Net‑Worth (HNW) clients. You'll be a strategic leader, launching solutions that fuel our growth and profitability. Deep HNW expertise and cross‑functional collaboration are key!
RESPONSIBILITIES
Product Strategy and Development
- Lead the development and execution of a comprehensive product strategy for deposit, DCI, and FX offerings for HNW clients.
- Identify market trends, competitive landscape, and regulatory changes to inform product innovation and enhancements.
- Design and develop new deposit, DCI, FX products, features, and pricing structures that meet the specific needs of HNW individuals, such as tiered interest rates, special access accounts, yield enhancement or parking facilities purpose.
- Conduct feasibility studies and business case analyses for new product ideas.
Product Management & Lifecycle
Oversee the entire product lifecycle from ideation to launch and post‑launch performance monitoring.Monitor product performance against key metrics (e.g., Asset Under Management growth, profitability, customer acquisition) and recommend actions for improvement.Ensure all deposit, DCI, FX products are compliant with relevant banking regulations and internal policies.Work with marketing to develop and execute effective product communication and promotional campaigns.Stakeholder Collaboration
Act as the primary subject‑matter expert on deposit products for the HNW segment.Collaborate closely with private, priority bankers and relationship managers to understand client needs and gather feedback.Partner with sales, marketing, operations, legal, and compliance teams to ensure seamless product delivery and support.Provide training and ongoing support to the sales and relationship management teams to ensure they are well‑equipped to articulate the value proposition of our deposit products.Continuously analyze the HNW market to identify new opportunities and threats.Benchmark our deposit, DCI and FX products against competitors to ensure we remain competitive and offer a compelling value proposition.Stay abreast of economic and market conditions that may impact deposit flows and pricing.Lead the team in driving continuous improvement in the client and banker experience by working closely with the Wealth project team in providing user requirement specifications for system enhancements aimed at improving customer experience, productivity, and regulatory compliance.Business Development
Build up the bank's deposit products assets, interest income and net interest margin.SKILLS & EXPERIENCE WE ARE LOOKING FOR
Undergraduate degree in Accounting, Banking, Investment, Finance, or a related field.Minimum 7‑10 years of relevant experience in Wealth Management, Financial / Investment field, with demonstrated leadership experience.Strong interpersonal skills : personable, approachable, and collaborative.Proficient in MS Office Suite (PowerPoint, Excel, Word).Excellent communication, presentation, and negotiation skills.Strong analytical and problem‑solving abilities.In‑depth knowledge of deposit products and the financial market.HLB CAREERS LINK :
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We appreciate your application and will be in touch with shortlisted candidates regarding next steps.
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