Product Owner - Risk & Control (AVP/VP) | Singapore, SG

Bank of Singapore; Singapore; On-site; SGD 120,000 - 150,000; Full time

Job summary

A leading financial institution in Singapore seeks an experienced Product Owner to manage regulatory change and strategic initiatives. The ideal candidate will have over 10 years of experience in product management within the banking sector and a strong understanding of Private Banking products. Excellent collaboration and communication skills are essential, along with a relevant degree. This role offers a dynamic work environment and opportunities for professional growth.

Qualifications

• Minimum of 10 years' experience in product management and/or transformation roles.
• Good knowledge of Private Banking products.
• Ability to perform functional analyses and understand regulatory circulars.

Responsibilities

• Lead product initiatives and manage cross-functional teams.
• Define strategic road map and business requirements.
• Ensure product value is maximized with stakeholder alignment.

Skills

Product management

Regulatory change management

Stakeholder collaboration

Agile methodologies

Communication skills

Education

Bachelor's degree in Finance, Economics, Engineering, Computer Science, or Technology

Tools

MS Office

Jira

Data analysis tools

Job description

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork, and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive, and the will to succeed, rise to the challenge today!

Bank of Singapore opens doors to new opportunities.

Reporting to the Risk & Control Tribe Lead, the candidate will be responsible for:

1. Regulatory change management e.g. iBOR transition, Best Ex, US PTP, Virtual Assets regulations across various locations
2. Strategic & Cross Platform Initiatives E.g. Securities Lending and Tokenization
3. ESG transformation

The ideal candidate will act as the lead PO to drive various cross product & cross platform initiatives to:

1. Define the strategic road map and business requirements in conjunction with stakeholders across various entities and locations in Bank of Singapore.
2. Collaborate with product owners across different platforms and products to create relevant user stories with detailed functional requirements and ensure stories are groomed with appropriate level of functional details where necessary involving the Tech BA and Engineering Team.
3. Act as the single point of contact for all business stakeholders (compliance, risk, front office, products, CIO, FIM business) as well as technology within P&IO team related to the initiative or topic.
4. Ensure that the value of the product is maximized resulting from the work of the squads while maintaining the conceptual integrity of the features/components in full alignment with stakeholders from businesses, markets, segments, and locations.
5. Define end-to-end user test cases, manage user testing, system training for end users, and go-live planning.
6. Seek feedback proactively from stakeholders to anticipate and understand clients' as well as regulators' needs and market trends.
7. Act as the backup for other product owners within the Risk & Control team as and when required.
8. Proactively contribute to good cooperation and working dynamics, exemplifying OCBC and BOS core values.

Qualifications include a bachelor's degree and/or master's degree preferably in Finance, Economics, Engineering, Computer Science, or Technology.

Functional

• Minimum of 10 years' experience in product management and/or transformation roles in the Financial/Banking sector
• Good domain knowledge of Private Banking products e.g., EQ, FX, FI, Structured Products
• Ability to perform functional analyses, document product trading/process flows, define Target Operating Models, and User Guides for key applications.
• Ability to understand regulatory circulars and notices and perform impact analysis for platform transformation

Non-Functional

• Ability to lead and influence Agile delivery teams comprising Business Analysts, Tech Analysts, and Developers.
• Ability to coordinate with stakeholders across functions and teams and manage complex interactions.
• Good logical thinking, intellectual curiosity, with a strong desire to improve processes.
• Track and report User engagement, adoption metrics, and develop plans for driving User Satisfaction.
• Excellent communication skills, both written and oral.
• Proficiency with MS Office, Jira, Data analysis tools.
• Relevant Agile certifications or qualifications are advantageous.
• Highly adaptable, curious, and collaborative.

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Asia's global private bank, Bank of Singapore, is a wholly owned subsidiary of OCBC Bank, Southeast Asia’s second-largest bank. Headquartered in Singapore...

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