Product Analyst, Business Banking - Singapore - Standard Chartered

Standard Chartered
Standard Chartered
Verified Company
Singapore

1 week ago

Wei Jie

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Wei Jie

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Description

Job:
Retail Banking


Primary Location:
Asia-Singapore-Singapore


Schedule:
Full-time


Employee Status:
Permanent


Posting Date: 05/Jun/2023, 8:11:14 AM


Unposting Date: 20/Jun/2023, 5:59:00 PM


Description - External

Role Responsibilities

Job Purpose

  • Business Banking (BB) provides a suite of Lending, Cash Management, Insurance, and Investment products to support the banking needs of companies in Singapore.
  • This is a product manage ment role that covers all BB products. You will need to support/cocreate initiatives that drive products takeup under your oversight to achieve growth in financial performances. You will need to ensure that your assigned products remain relevance to meet the needs of BB clients. You will also be involved in process improvement projects to optimise the delivery of the products.
  • This role reports directly to Head, Product & Segment, Business Banking and will work closely with key stakeholders such as Group BB, Sales, Credit, Operations, Legal, Marketing, Governance and Compliance teams to roll out product initiatives in a timely and effective manner.

RESPONSIBILITIES
Role & responsibilities

  • Responsible for executing endtoend product initiatives in alignment with the business budgets and country credit policies
  • Supports and expand product enhancements and commercialisation of new initiatives
  • Work jointly with internal and external stakeholders to drive business acquisitions and revenue growth
Product management and development

  • Explore new revenue streams, commercialisation strategy and grow market share
  • Manage all product related queries from stakeholders
  • Understands customers' needs and develop client valued propositions
  • Articulates product strategies and drives key initiatives
  • Manage new product launches and product enhancements
  • Provides training to stakeholders including Sales, Call Centre, Operations
Financial performance and profitability

  • Conduct ongoing competitor analysis to capture opportunities and mitigate threats
  • Develop product and sales strategy jointly with stakeholders to achieve budget objectives
  • Determines product pricing to meet product profitability targets
  • Improve process efficiency through digital transformation to scale business growth
Risk, Compliance & Governance

  • Work with Risk, Compliance & Governance teams to design optimum client onboarding and management polices
  • Address Operational risks and Busines risks related to the product.
  • Work with Operation teams to improve client servicing standards
  • Handle client management issues on the product

Regulatory & Business Conduct

  • Display exemplary conduct and live by the Group's Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters._)_

Key stakeholders

  • The key stakeholders are Group BB, Sales, Credit, Operations, Legal, Marketing, Governance and Compliance teams

OUR IDEAL CANDIDATE

  • Possess strong analytical, articulation and presentation skills
  • Strong drive for results, able to plan, manage and follow through initiatives
  • 2 + years of experience in BB Lending or Cash Management products
  • Has credit risk management experiences
  • Adequate understanding of the various computer systems within the Bank.
  • Has experiences with local banking rules and guidelines

ROLE SPECIFIC TECHNICAL COMPETENCIES

  • Knowledge of Product Line
  • Data Analysis Tools
  • Product Development Strategy
  • Lending Processes and Standards
  • Portfolio Management for Retail Bank
  • Data Gathering

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other.

We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before.

If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you.

You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.


Our purpose, to _drive commerce and prosperity through our unique diversity_, together with our brand promise, to be _here for good_ are achieved by how we each live our _valued behaviours_.

When you work with us, you'll see how we value difference and advocate inclusion.


Together we:
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Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
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Never settle, continuously striving to improve and innova

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