VP/Assistant VP, Trade Product Management, Group Transaction Banking

VP/Assistant VP, Trade Product Management, Group Transaction Banking

Posting Date: 21 Sep 2024

Location: Singapore, Singapore, SG

Company: United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department

The Wholesale Bank function operates a dynamic business model that provides financial services and solutions to help our clients achieve their strategic business objectives. Our mission is to become the premier-provider of banking services and solutions for Asia-based commercial banking companies (small medium enterprises), large corporations, financial institutions as well as multinational corporations. Our coverage teams work in full alignment with specialised teams across Transaction Banking, Investment Banking, Global Markets and Group Retail to deliver seamless solutions to our clients.

Job Responsibilities

As Group Trade Product Manager:

• Gather and analyze data from multiple systems and data owners for management reporting and strategic initiatives. Formulate actionable insights to drive e-Penetration and improve Straight Through Processing (STP) rates.
• Develop product commercialization strategy and coordinate product launch for Channel products globally which include but not limited to product program, regulatory clearance, internal/external communications & marketing collateral. Drive and provide support for all aspects of the product marketing plan e.g. customer targeting, positioning.
• Obtain insights of customer’s behaviors, identify pain points for improvements and potential cross sell opportunities. Build and maintain customer databases to be used for analytics, campaign tracking, and management reports.
• Work closely with IT, Legal, Compliance, Risk and Operations to define product requirements and ensure the integrity of final delivered solutions, processes and documentation.
• Ensure clear understanding of our product capabilities across various customer touch-points, including sales, relationship managers, call center, implementation, etc., through proactive communications program, internal workshops, seminars, etc.
• P&L responsibility for FSCM and Trade products with responsibility for growth and profitability of FSCM.
• Responsible for the FSCM and Trade Product Programs, to ensure that these are maintained and updated in a timely manner in accordance with UOBS Product Program and local regulatory and legal requirements, working directly with key stakeholders (Risk, Legal, Compliance, Operations).
• Serve as nodal point for the roll-out of multi-country programs working closely with clients and internal stakeholders across implementation, technology, supplier onboarding teams, credit etc. across countries; Implement Trade and FSCM product initiatives, including technology platforms.
• Ongoing responsibility for management controls for Trade and FSCM products in ASEAN to ensure adherence with product programs and Group product standards.

Job Requirements

• At least 5 years and above of relevant Trade Product experience
• Proficient in Excel and PowerPoint
• Able to draft product program, SOP and business requirement

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.