AVP, Product Development, Private Banking

Chong Hing Bank; Hong Kong; On-site; HKD 700,000 - 1,000,000; Full time

Benefits offered by this job

5-day week

Discretionary bonus

Education subsidies

Birthday leave

Marriage leave

Extra maternity leave

Extra Paternity Leave

Examination leave

Insurance plan

Medical plan

Family medical plan

Dental plan

Job summary

Chong Hing Bank is seeking a seasoned Private Banking Product Manager in Hong Kong to lead product development and cross-border initiatives. You will align product design with regulatory requirements and drive end-to-end process improvements across the bank’s private banking platforms.

You will collaborate with analytics to monitor product performance, plan operating metrics, and ensure compliance while contributing to growth through innovative solutions and efficient operations.

Qualifications

• University graduate, preferably major in Business Administration, Accounting, Finance or Economics.
• Qualified for Securities Intermediary and Insurance Intermediary registrations.
• AAMLP/CPWP preferred.
• Minimum 5 years' solid experience in product and system improvement in banking or financial industry.
• Experience developing private banking and cross-border products/services and end-to-end process revamp.
• Relevant experience in private banking and cross-border customer portfolio management and product management.

Responsibilities

• Keep regulations up-to-date and manage implementation, control, and PM of Private Banking Department.
• Innovate and develop private banking and cross-border products and implement across digital platforms.
• Assist Operation Team Lead with business analytics on product metrics to drive growth.
• Ensure product compliance with latest regulatory requirements and industry practices.
• Plan and manage operating performance to achieve financial and non-financial objectives.
• As an Essential Staff during typhoon or severe weather events.

Skills

Communication skills

Multilingual: English/Chinese/Mandarin

Client focus

Banking product knowledge

Education

Bachelor degree in Business Administration / Finance / Economics

AAMLP/CPWP (preferred)

Job description

Responsibilities:

• Keep abreast with up-to-date regulations and procedures implementation, business control and project management of Private Banking Department

• Innovate, develop and revisit new and existing Private Banking and Cross-Border products to grow business and implement across the Bank’s digital and related operation platforms

• Assist Operation Team Lead to prepare business analytics on product metrics to monitor business performance and recommend strategies to drive business growth through enhancing the Bank’s Private Banking and Cross-Border product & services

• Ensure the consistency of product compliance meeting latest regulatory requirements and industry practices

• Assist Operation Team Lead to plan and manage the Operating performance of the Department to achieve pre-defined financial and non-financial objectives in the areas of sales revenue, cost, customer services quality, process & operation and risk & compliance controls, so as to support strategic and operating objectives of the Bank

• As one of "Essential Staffs" reporting for work duty during an issuance of Typhoon Signal No.8 or above; a Black Rainstorm Warning Signal by the Hong Kong Observatory, or an announcement of Severe Weather or "Extreme Conditions" by the HKSAR Government.

Requirements:

• University graduate, preferably major in Business Administration, Accounting, Finance or Economics

• Qualified for registration as a Securities Intermediary (Relevant Individual) and Insurance Intermediary (Technical Representative of Insurance Agent) of the Bank

• Qualified for AAMLP/CPWP is preferred

• Minimum 5 years' solid experience in product and system improvement in banking or financial industry

• Experience is required in developing private banking and cross-border banking products / services, including preparing & reviewing product & operation workflow / manual / product design, business process design, etc.

• Relevant experience in private banking and cross-border customer portfolio management and / or product management especially related to end-to-end system and process revamp is a definite advantage.

• Familiar with banking operations and related policies, legal and regulatory requirements

• Excellent communication, interpersonal skills and proficient in both spoken and written English, Chinese and Mandarin.

Benefit / Other Information:

• 5-day week

• Discretionary bonus

• Education subsidies

• Birthday leave

• Marriage leave

• Extra maternity leave

• Extra Paternity Leave

• Examination leave

• Insurance plan

• Medical plan

• Family medical plan

• Dental plan

The Mandatory Reference Checking (MRC) Scheme is a regulatory framework established by the Hong Kong Monetary Authority, which requires banks to check the conduct history of prospective employees for positions defined under the scheme. Therefore, MRC will be a part of our selection process if you apply for the in-scope positions. For details, please refer to the "Frequently Asked Questions for In-Scope Individuals" (https://www.hkab.org.hk/en/page/5/mandatory-reference-checking-scheme-phase-2) published by HKAB.

More Job Information

Job Function

• 銀行 · 金融服務 - 一般 · 其他

Employment Term

• 全職

Education

• 學士