Deposit Product Management - ED

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Key Responsibilities:

1. Product Strategy & Portfolio Management

• •Define and execute the deposits product strategy aligned with the bank’s overall strategy for both branch and digital channels
• •Manage a portfolio of deposits products across categories:
• •transactional accounts & time deposits
• •Conduct market, competitor, and customer analysis to identify gaps and opportunities
• •Drive product rationalisation and lifecycle management, including enhancements, repricing or product exits

2. Product Development, Launch & campaign management

Lead the end-to-end product development process from concept to launch

• •Develop product documentation, including product approval and evaluation
• •Coordinate product approvals across Risk, Compliance, Legal, Operations, and Finance
• •Oversee product launches & campaigns across branch and digital channels

3. Regulatory, Risk & Governance

Ensure full compliance with:

• •Local banking regulations across ABS, MAS, industry steer committees
• •Fair Dealing Outcomes
• •Manage interactions with Compliance, Risk, and Internal Audit on product-related matters
• •Monitor regulatory developments and recommend product or process changes as required

4. Performance Management & Analytics

• •Track and analyse product performance including:
• •Deposits portfolio volumes, revenue & spreads
• •Campaign results & fulfillment
• •Customer complaints
• •Identify underperforming products and implement corrective actions
• •Prepare management reports and presentation slides for senior stakeholders
• •Drive continuous improvement based on data, insights, customer feedback, and front office input

5. Stakeholder & Partner Management

• •Act as the primary product interface between the bank and deposits partners
• •Manage senior internal stakeholders across the banks
• •Participate in strategic discussions to drive the business strategy

• •A degree in business, finance, or a related field, with at least 10 years of experience in product management or a related field
• •Strong analytical and problem-solving skills, with the ability to think strategically
• •Excellent communication and collaboration skills, with the ability to work effectively with cross-functional teams
• •A customer-centric mindset, with a passion for delivering innovative products that meet customer needs
• •Strong business acumen, with the ability to analyze data and drive business results

What we offer:

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.