Investment Products Head SG

CIMB Singapore; Singapore; On-site; SGD 120,000 - 200,000; Full time

Job summary

A leading bank in Singapore is seeking a Head of Product Management to oversee profitability and strategy for investment products such as Unit Trusts and Bonds. This senior leadership position focuses on managing product portfolios, collaborating with departments, and ensuring regulatory compliance. The role requires significant experience in banking, strong leadership abilities, and expertise in product innovation and sales strategies.

Qualifications

• Minimum of 8-10 years in banking with at least 3 years in a product management role.
• CMFAS 1B, 5, 6, 6A, 8, & 8A certifications.
• CFA or CFP is an advantage.

Responsibilities

• Managing overall profitability of product lines including Unit Trusts, FX and Equities.
• Identifying key product trends and working with stakeholders for product strategy.
• Overseeing team and ensuring effective product management.

Skills

Business acumen

Strategic planning

Analytical skills

Collaboration skills

Product management skills

Innovation

Sales skills

Communication skills

Education

Bachelor's Degree

Job description

• Responsible for managing overall profitability of respective product lines – Unit Trusts, FX, DCIs, Bonds, Structured Notes, Equities as well as Portfolio Financing / Reverse Repo.
• Management of overall Investments product strategy. Identify key product trends and work with both internal and external parties to establish product ideas and generation, including the CIO team.
• Key contact point between external product partners and primary gatekeeper to assess Investments product viability.
• Oversee department projects (digital & non-digital), client seminars and periodic investment product / sales meetings.
• Keep abreast of the market landscape in order to be able to take actions to capitalize on opportunities and threats.
• Focus on development and management of holistic product offering, pricing, marketing, MIS and distribution strategy.
• Recommend framework and process improvements and work with stakeholders such as Sales Governance, Platform Efficiency and Digital SG team so that product offerings can be enhanced.
• Collaboration with other stakeholders in the SG Branch (particularly Treasury, Risk, Legal, Compliance and Ops) and Group to support evolving business needs.
• Prepare and present papers to various SG and Group Committees as required, eg. Affluent Products Committee, Fair Dealing Committee, SRCC, GRCC, etc.
• Assess and prioritise investment products for migration to digital channels such as Clicks, so as to create new channels for product adoption and grow investment penetration for Preferred clients, SG-MY clients as well as mortgage customers by 25% over the next 3 years.
  
  

Job Description

JOB DESCRIPTION

Strategy and Planning

• Responsible for managing overall profitability of respective product lines – Unit Trusts, FX, DCIs, Bonds, Structured Notes, Equities as well as Portfolio Financing / Reverse Repo.
• Management of overall Investments product strategy. Identify key product trends and work with both internal and external parties to establish product ideas and generation, including the CIO team.
• Key contact point between external product partners and primary gatekeeper to assess Investments product viability.
• Oversee department projects (digital & non-digital), client seminars and periodic investment product / sales meetings.
• Keep abreast of the market landscape in order to be able to take actions to capitalize on opportunities and threats.
• Focus on development and management of holistic product offering, pricing, marketing, MIS and distribution strategy.
• Recommend framework and process improvements and work with stakeholders such as Sales Governance, Platform Efficiency and Digital SG team so that product offerings can be enhanced.
• Collaboration with other stakeholders in the SG Branch (particularly Treasury, Risk, Legal, Compliance and Ops) and Group to support evolving business needs.
• Prepare and present papers to various SG and Group Committees as required, eg. Affluent Products Committee, Fair Dealing Committee, SRCC, GRCC, etc.
• Assess and prioritise investment products for migration to digital channels such as Clicks, so as to create new channels for product adoption and grow investment penetration for Preferred clients, SG-MY clients as well as mortgage customers by 25% over the next 3 years.
  
  

Business Performance and Management

• Responsible for managing overall profitability of respective Investment product lines & as well as credit products associated with Wealth Management (reverse repo & portfolio financing).
• Ensure portfolio profitability, market competitiveness and product/channel innovation.
• Develop annual business plans and review business objectives periodically.
• Proactively identify and on-boarding new Investment products for the consumer sales and distribution teams.
• Identify and to scale the reach of product management ideas regionally wherever possible, eg. via cross-border referrals.
• Run business process improvement initiatives to improve work flow and improve resource utilisation.
• Drive investment product adoption and cross-sell via traditional as well as new channels such as Clicks, whatsapp, etc.
• Work with the Digital Banking team to drive online sales of UTs (eg. $30m sales in 2025).
• Undertake at least 2 digital enhancement projects per year.
• Work with the Preferrd and CIO team on half-annual market outlook events and opportunities to engage clients and promote thought leadserdhip.
• Work with Investment Counsellors (ICs) to generate product ideas, training programmes and RM engagement activities to build awareness and highlight the importance of investing and to upskill RMs’ competency. Also work with ICs on small scale talks / events to engage clients and cross-sell initiatives.
  
  

People Management

• Oversee the Investment product management team.
• Develop, build and lead an effective and cohesive team that operates seamlessly.
• Participate in the selection and development of staff. Interview, coach, advise, and evaluate the performance of staff.
  
  

Regulatory Compliance

• Ensure proper Due Diligence on Investment products prior to product launch, and proper updates and documentation of the department's SOPs.
• Adhere to risk management policies and guidelines.
• Adherence to applicable regulatory guidelines and operate the business within the approved regulatory environment.
  
  

Qualifications

• Bachelor’s Degree
• 8-10 years years banking experience with a minimum of 3 years in a product management role
• CMFAS 1B, 5, 6, 6A, 8, & 8A
• CFA or CFP would be an advantage
  
  

Competencies/Skills

Technical/Functional skills

• Business acumen, strategic planning, analytical and results oriented.
• Strong collaboration, networking and alliance building skills.
• Strong product management, innovation, sales and communication skills.
• Well informed of the market environment, industry practices and regulations governing the Consumer Banking business.
• Good knowledge of the product shelf, gaps and opportunities, to identify appropriate routes to market based on strategies developed.
  
  

Personal skills (Soft Competencies [Core/Leadership])

• Leadership and people management skills.
• Possesses strong consensus-based leadership in managing a team of product managers to harness their strengths to build a high performance consumer bank

Seniority level

• Seniority level

  Director

Employment type

• Employment type

  Full-time

Job function

• Job function

  Product Management and Marketing

• Industries

  Banking

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