Product Lead, Strategic & Innovative Initiatives

Boost Bank; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading financial institution is seeking a Product Lead to spearhead strategic and innovative initiatives, particularly in Embedded Banking and Banking-as-a-Service (BaaS). The ideal candidate should have at least 7 years of experience in product management within digital or platform-based products in banking or fintech. The role requires translating strategic objectives into actionable product deliverables and ensuring compliance with governance standards. Strong skills in stakeholder management, communication, and agile methodologies are essential.

Qualifications

• Minimum 7 years of experience in product management, especially in banking or fintech.
• Proven track record in end-to-end product delivery from discovery to launch.
• Solid understanding of compliance and governance in regulated environments.
• Experience with agile delivery models and common product management tools.

Responsibilities

• Define and own the product vision and roadmap for Embedded Banking and BaaS capabilities.
• Lead design and rollout of products through partner platforms.
• Translate initiatives into clear product requirements and manage end-to-end delivery.
• Drive participation in broader digital ecosystems through partnerships.
• Collaborate with internal teams to meet governance and compliance standards.

Skills

Product delivery

Stakeholder management

Data-driven decision-making

Agile methodology

Analytical thinking

Communication

Education

Bachelor’s degree in Business, Computer Science, IT, or related

Postgraduate qualification (MBA or relevant Master’s degree)

Tools

Jira

Confluence

Job description

The Product Lead – Strategic & Innovative Initiatives is responsible for leading the discovery, design, and delivery of high-impact, forward-looking products and capabilities for the Bank. This role focuses on initiatives that extend the Bank beyond traditional channels, including Embedded Banking / Banking-as-a-Service (BaaS), ecosystem integrations, platform-based distribution, and emerging digital capabilities.

The role operates at the intersection of strategy, product execution, technology, and governance, ensuring innovative initiatives are translated into scalable, compliant, and customer-centric solutions.

Key Responsibilities

Product Strategy & Discovery

• Define and own the product vision and roadmap for strategic and innovative initiatives, including Embedded Banking / BaaS capabilities.
• Identify opportunities arising from ecosystem partnerships, platform distribution models, and evolving customer needs.
• Lead problem discovery, solution framing, and prioritisation of initiatives aligned with the Bank’s strategic objectives.

Embedded Banking / BaaS Enablement

• Lead the design and rollout of Embedded Banking / BaaS capabilities, enabling the Bank’s products and services to be offered through partner platforms and non-traditional channels.
• Define product capabilities such as account access, payments, onboarding, authentication, transaction initiation, and servicing, delivered via APIs or embedded experiences.
• Establish product principles for scalability, security, reliability, and customer experience across embedded use cases.
• Work with internal and external stakeholders to align on operating models, commercial structures, and customer ownership considerations.

Product Design & Delivery

• Translate strategic initiatives into clear product requirements, MVPs, and phased rollouts.
• Own end-to-end delivery from concept through launch, stabilisation, and continuous improvement.
• Partner closely with engineering, architecture, and design teams to ensure solutions are robust, reusable, and extensible.

Platform & Ecosystem Enablement

• Drive initiatives that enable the Bank to participate in broader digital ecosystems, including partnerships with platforms, merchants, and service providers.
• Ensure seamless and consistent customer journeys across bank-owned and partner-owned channels.
• Support partner onboarding by defining product standards, documentation, and integration requirements.

Governance, Risk & Compliance Alignment

• Collaborate with Risk, Compliance, Legal, and Technology teams to ensure Embedded Banking / BaaS and other initiatives meet regulatory, security, and internal policy requirements.
• Support preparation of management, committee, and regulatory materials, including risk assessments and mitigation strategies.
• Ensure appropriate governance controls are embedded across design, deployment, and post-launch operations.

Stakeholder & Delivery Management

• Act as the single point of product ownership for cross-functional delivery involving Product, Technology, Operations, and external partners.
• Manage dependencies, trade-offs, and delivery risks across multiple initiatives.
• Provide clear, structured updates to senior management and governance forums.

Performance & Continuous Improvement

• Define and track success metrics for Embedded Banking / BaaS and other strategic initiatives.
• Use data, feedback, and operational insights to optimise products post-launch.
• Identify reusable capabilities and patterns to accelerate future initiatives.

Job Requirements & Criteria

• Bachelor’s degree in Business, Computer Science, Information Technology, or a related discipline. A postgraduate qualification (e.g. MBA or relevant Master’s degree) is an advantage.
• Minimum 7 years of experience in product management, with demonstrated ownership of complex digital or platform-based products in banking, fintech, or regulated environments.
• Proven track record of end-to-end product delivery, from problem discovery through launch and post-implementation optimisation, within fast-paced or agile settings.
• Strong understanding of regulated financial services environments, including risk, compliance, and governance considerations relevant to digital banking or payment products.
• Solid grounding in digital product design principles, including customer journey design and usability best practices across multiple channels.
• Highly analytical and structured thinker, with a data-driven approach to product prioritisation, trade-offs, and decision-making.
• Excellent communication, stakeholder management, and presentation skills, with the ability to influence cross-functional teams and senior stakeholders.
• Hands-on experience working in agile delivery models, and familiarity with common product management and delivery tools (e.g. Jira, Confluence or equivalent).