Product Development Manager Discretionary and Alternatives

Hang Seng Bank Ltd; Hong Kong Island; On-site; HKD 900,000 - 1,200,000; Full time

Job summary

Hang Seng Bank Limited is seeking a Product Development Manager for Discretionary and Alternatives within Investments and Wealth Solutions in Hong Kong. The role supports end-to-end product execution, onboarding and governance to drive revenue growth and ensure robust due diligence.

You will coordinate onboarding across distribution channels and manage post-launch issues and risk controls. The position requires coordinating cross-functional teams (Legal, Compliance, Operations, Tech,

Qualifications

• Proven experience coordinating product launches across multiple channels with end-to-end onboarding.
• Knowledge of governance and due diligence processes across legal, compliance and operations.
• Ability to manage multiple stakeholders with structured plans, logs and actions.
• Experience producing monitoring packs and management information.
• Capability to prepare go-to-market materials and post-launch support.

Responsibilities

• Coordinate end-to-end onboarding of discretionary solutions and alternative funds across channels.
• Drive product delivery with governance, risk controls and issue escalation.
• Deliver end-to-end onboarding: requirements, documentation, approvals, implementation and launch readiness.
• Support the proposition with due diligence, governance and timely escalation of issues/risks.
• Monitor discretionary solutions and prepare periodic review packs for management.

Skills

Product launches

Stakeholder management

Governance processes

Due diligence

Go-to-market

Education

University degree in Business Administration

CFA/CFP/CFMP qualifications

Job description

Product Development Manager Discretionary and Alternatives

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join Hang Seng and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, Hang Seng offers opportunities, support and rewards that will take you further.

Investments and Wealth Solutions

Hang Seng's Investments and Wealth Solutions offers a full spectrum of wealth products and services to our Retail Banking and Wealth (RBW) customers, from high-net-worth to mass segments across channels to capture opportunity under different market scenarios. We play a distributor role to source investment and insurance products from service providers, manage the product due diligence and onboarding, as well as client journey design and implementation. We distribute investment funds managed by top tier fund managers covering different types of funds, across regions and asset classes. A wide range of structured products with underlying linked to equities, FX rates, interest rates, investment funds, etc. are offered for investors to pursue different investment objectives. We also offer fixed income instruments and certificates of deposit to customers who look for regular coupon payment. Besides, we have securities services covering exchange traded equities in local and overseas markets offered through a wide variety of trading channels. Margin trading services covering FX and securities, and investment financing service provides extra liquidity and purchasing power to cater for investment needs from sophisticated investors.

We are currently seeking a high caliber professional to join our team as Product Development Manager, Discretionary and Alternatives, reporting to Senior Product Development Manager, Discretionary and Alternatives.

Support the Senior Product Development Manager to deliver revenue growth for channels by driving end-to-end product execution, onboarding and governance—ensuring robust due diligence, strong controls, and positive customer outcomes.

Drive day-to-day delivery of the discretionary & alternatives product solutions and support the system enhancement roadmaps

Coordinate end-to-end onboarding of discretionary solutions/alternative funds across distribution channels: requirements, documentation, approvals, implementation and launch readiness

Support the proposition; ensuring appropriate due diligence, governance and timely escalation of issue and risks

Support ongoing monitoring of discretionary solutions/alternative funds and prepare periodic review packs and management information

Enable commercialization and channel readiness: sales materials, training coordination, operational readiness and post-launch issue management

Requirements

Proven experience coordinating product launches or onboarding across multiple channels, covering requirements capture, documentation, approvals, implementation, launch readiness and post-launch follow-up.

Working knowledge of product due diligence and governance processes (e.g., suitability considerations, operational/ legal/ compliance inputs, approvals, issue tracking) with the discipline to elevate risks and exceptions quickly and clearly.

Ability to drive day-to-day delivery with multiple stakeholders (Legal, Compliance, Operation, Tech, Distribution channels) using structured plans, logs, minutes/actions, and tight deadline management.

MI, monitoring & periodic review support.

Experience producing monitoring packs as management information: performance and flows, risk indicators, client outcomes, issues/incidents, and action tracking.

Capability to prepare and coordinate go-to-market essentials: sales collateral, training sessions, FAQs/ talking points, operational readiness checks, and managing early-life support and post-launch issues.

University degree in Business Administration, Finance, or other relevant qualifications such as CFA, CFP or CFMP.

The employment is subject to Mandatory Reference Checking Scheme (MRCS) as per regulatory requirement. For details, please refer to Hong Kong Monetary Authority - Mandatory Reference Checking Scheme.

You’ll achieve more when you join Hang Seng Bank Limited.

www.hangseng.com/careers

https://www.linkedin.com/company/hang-seng-bank

Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. We seek to attract high-calibre talent by offering a dynamic working environment, good career development opportunities and competitive compensation packages.

Issued by Hang Seng Bank Limited

All information provided by applicants will be used only for recruitment purposes and will be used strictly in accordance with the Bank's personal data policies, a copy of which may be obtained by the applicant upon request. Unless otherwise instructed in writing by the applicant concerned, applicants may be considered for other suitable positions within the Bank and its related companies. The personal data of unsuccessful job applicants may be retained for a maximum of two years from the date when the job application is rejected and such data may be retained for a longer period if there is a subsisting reason that obliges the Bank to do so, after which the personal data will be destroyed.