FX Product Manager

HSBC; Kuala Lumpur; On-site; MYR 180,000 - 260,000; Full time

Job summary

HSBC Bank Malaysia Berhad is seeking an experienced Foreign Exchange (FX) Product Manager to drive Retail Cash FX, transactional FX, Global Payments and Dual Currency Investment (DCI) products. You will chart, plan and develop pricing and customer propositions to optimise profitability and meet retail customer needs.

You will spearhead compliance with BNM FX policy and collaborate with Retail Deposits and other stakeholders to grow revenue while enhancing systems for better performance and

Qualifications

• Bachelor’s degree in finance/business/marketing or equivalent.
• Extensive experience in Product Management across sales, product and distribution.
• Knowledge of regional practices and standards is preferred.
• Strong academics with accreditations in investments.
• Excellent communication skills in English.

Responsibilities

• Responsible for managing and growing Retail Cash FX, transactional FX, Global Payments, and Dual Currency Investment (DCI) products.
• Chart, plan, influence, formulate and develop products to optimise profitability via pricing and proposition.
• Lead compliance with BNM Foreign Exchange Policy processes.
• Drive revenue in joint promotions with Retail Deposits and Proposition teams.
• Analyse market environment, identify new initiatives to grow or counter competitors.
• Lead the change initiative of Cash FX, Global Payments and DCI.
• Develop new or enhance systems to improve performance and customer satisfaction.

Skills

Product Management

Pricing & proposition

Leadership & relationship mgmt

English communication

Education

Bachelor’s degree in finance/business/marketing

Job description

Some Careers Grow Faster Than Others.

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

International Wealth & Premier Banking (IWPB) leverages HSBC’s global wealth and premier banking expertise and capabilities to deliver a broad range of world-class wealth banking solutions to customers. IWPB is ideally placed to serve the increasing numbers of affluent and high net-worth customers – especially those with international banking needs who seek new investment opportunities to help them to protect and grow their wealth.

Our recognised brand, financial strength and complementary footprints reinforce HSBC’s position in the world’s wealth markets. Driving for growth in key markets around the world, the business comprises areas such as wealth management, premier & retail banking, insurance and asset management, with a focus on customer-centric propositions and innovative and efficient distribution channels that will differentiate our customer experience and deliver market-leading wealth management solutions.

We are currently seeking an experienced professional to join this team in the role of Foreign Exchange (FX) Product Manager.

Principal Responsibilities

• Responsible for managing and growing the business of Retail Cash FX, transactional FX, Global Payments, and Dual Currency Investment (DCI) products.
• To chart, plan, influence, formulate and develop products and services with the objective to optimise profitability via active management of pricing and customer proposition to meet the needs of retail customers and to position HSBC Bank as the preferred FX bank.
• To spearhead the implementation of BNM Foreign Exchange Policy processes to ensure the Bank is in compliance with it.
• To manage, drive and develop revenue generating products/services in joint promotions with the Retail Deposits team, Proposition team and other stakeholders.
• To analyse the market environment, identify and recommend new initiatives to grow and/or counter competitors offers that may impact our market share.
• To lead the change initiative of Cash FX, Global Payments and DCI.
• To develop new or enhancing existing systems to improve performance and deliverables to increase customer satisfaction and loyalty and lower operational costs.
• To ensure awareness of compliance / audit requirements and implementation of Group Compliance policies.

Requirements

• Minimum a bachelor’s degree in finance/business/marketing or equivalent.
• >5 years of working experience in financial institutions or related field.
• Extensive experience in Product Management across sales, product and distribution.
• Knowledge of regional practices and standards would be an asset and broad experience and understanding of the markets will be preferred.
• Strong academic credentials with professional accreditations in investments.
• Excellent communication skills and ability to write persuasively and converse fluently in English.
• Proven track record of business results with strong commercial focus and rigor in implementation.
• Demonstrable people leadership and country relationship management skills, with the ability to gain consensus and agreement between geographically diverse countries.

Opening up a world of opportunity

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Issued by HSBC Bank Malaysia Berhad