Deposit Product Management - ED

OCBC Bank; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive salary

Flexible benefits

Learning & development opportunities

Wellbeing programs

Community initiatives

Job summary

OCBC Bank is seeking a seasoned Product Manager for Deposits to shape the product strategy and lifecycle across branch and digital channels. You will own portfolio performance, drive development from concept to launch, and ensure alignment with risk, compliance, and finance stakeholders.

The role emphasizes data-driven decision making, customer-centric product design, and collaboration with internal teams to deliver competitive deposits solutions across ASEAN markets.

Qualifications

• Strong analytical and problem-solving skills with the ability to think strategically.
• Excellent communication and collaboration skills for cross-functional teamwork.
• Customer-centric mindset with a passion for delivering innovative products.

Responsibilities

• Define and execute the deposits product strategy aligned with the bank’s overall strategy for both branch and digital channels.
• Manage a portfolio of deposits products across categories: transactional accounts & time deposits.
• Conduct market, competitor, and customer analysis to identify gaps and opportunities.
• Drive product rationalisation and lifecycle management, including enhancements, repricing or product exits.
• Lead end-to-end product development from concept to launch and coordinate approvals across Risk, Compliance, Legal, Operations and Finance.

Skills

Analytical thinking

Cross-functional collaboration

Strategic mindset

Customer focus

Education

Degree in business, finance, or related field

Job description

WHO WE ARE

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

Key Responsibilities

1. 1. Product Strategy & Portfolio Management Define and execute the deposits product strategy aligned with the bank’s overall strategy for both branch and digital channels Manage a portfolio of deposits products across categories: transactional accounts & time deposits Conduct market, competitor, and customer analysis to identify gaps and opportunities Drive product rationalisation and lifecycle management, including enhancements, repricing or product exits
2. 2. Product Development, Launch & campaign management Lead the end-to-end product development process from concept to launch Develop product documentation, including product approval and evaluation Coordinate product approvals across Risk, Compliance, Legal, Operations, and Finance Oversee product launches & campaigns across branch and digital channels
3. 3. Regulatory, Risk & Governance Ensure full compliance with: Local banking regulations across ABS, MAS, industry steer committees Fair Dealing Outcomes Manage interactions with Compliance, Risk, and Internal Audit on product-related matters Monitor regulatory developments and recommend product or process changes as required
4. 4. Performance Management & Analytics Track and analyse product performance including: Deposits portfolio volumes, revenue & spreads Campaign results & fulfilment Customer complaints Identify underperforming products and implement corrective actions Prepare management reports and presentation slides for senior stakeholders Drive continuous improvement based on data, insights, customer feedback, and front office input
5. 5. Stakeholder & Partner Management Act as the primary product interface between the bank and deposits partners Manage senior internal stakeholders across the banks Participate in strategic discussions to drive the business strategy

Qualifications

A degree in business, finance, or a related field, with at least 10 years of experience in product management or a related field Strong analytical and problem-solving skills, with the ability to think strategically Excellent communication and collaboration skills, with the ability to work effectively with cross-functional teams A customer-centric mindset, with a passion for delivering innovative products that meet customer needs Strong business acumen, with the ability to analyze data and drive business results

What we offer

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.