Product Specialist, Lending Advisory Solutions (Assistant Vice President)

Bank of Singapore Limited; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

Join a leading bank as a Product Specialist (AVP) in the Lending Advisory Solutions team. You will manage product approvals, maintain product performance, and enhance operational efficiency while collaborating with various stakeholders. This role requires strong financial product knowledge and excellent client management skills, making it essential for driving growth in the bank's loan portfolio.

Benefits

Professional Development Programs

Attractive Remuneration

Non-Financial Benefits

Qualifications

• 10+ years of relevant experience in similar roles.
• Strong understanding of LAS financial products and services.

Responsibilities

• Manage end-to-end product approval processes and documentation.
• Conduct annual reviews of LAS products and maintain product pipeline.
• Coordinate internal reporting and prepare management information systems.

Skills

Interpersonal Skills

Client Management

Data Analytics

Education

Degree in Business, Finance, Law, Accounting, or Tax

Tools

Enterprise Data Analytics Tools

Job description

Bank of Singapore - Product Specialist (AVP), Lending Advisory Solutions

Bank of Singapore offers exciting career opportunities. Join us as a Product Specialist (AVP) in the Lending Advisory Solutions team.

We value openness, teamwork, and fairness, and invest in our employees through professional and personal development programs. We provide attractive remuneration, non-financial benefits, and opportunities to grow within OCBC Group’s global network. If you are passionate and driven, we invite you to rise to the challenge.

About Lending Advisory Solutions (LAS):

LAS is responsible for:

1. Growing the bank’s total loan book by introducing new lending products and maintaining existing ones.
2. Handling complex credits from initiation to execution, including client meetings, advisory, negotiations, and approvals.
3. Developing an open architecture lending platform by onboarding financial institutions and managing client referrals.
4. Defining growth strategies for the loan book in collaboration with stakeholders.

Main Duties:

1. New Product Approvals:
   • Manage end-to-end product approval processes including NBF, FS, and PAC, and prepare related documentation and business cases.
   • Address pre-launch conditions and coordinate marketing and training activities.
   • Draft operational procedures for new products.
2. Product Shelf Maintenance:
   • Conduct annual reviews of LAS products, update business cases, and performance data.
   • Maintain the product pipeline with regular updates to relevant committees.
3. Operational Efficiency & Controls:
   • Identify process improvements to enhance efficiency.
   • Establish policies and controls to ensure compliance and operational robustness.
4. Business Management:
   • Coordinate internal reporting and prepare management information systems (MIS).
   • Support LAS leadership with presentations, policies, and strategic initiatives.
   • Collaborate on projects, launches, and regulatory matters with other departments.
   • Identify and address training needs for front office staff.
5. Lifecycle Management:
   • Prepare and present credit proposals for annual reviews.
   • Engage with clients alongside the front office to understand credit needs and improve transaction quality.

Requirements:

• Degree in business, finance, law, accounting, or tax from a reputable institution.
• Relevant experience in related roles or supporting similar functions, with 10+ years of work experience.
• Strong understanding of LAS financial products and services.
• Knowledge of legal and regulatory environments in key markets.
• Ability to operate in a multicultural environment.
• Excellent interpersonal and client management skills.
• Proficiency with enterprise data analytics and reporting tools.