Structured Products Head

JOB SUMMARY:

Responsible for product lifecycle, both new and existing products, including compliance to the Product Approval and Review Policy of the Bank and development of the Operational Policies and Procedures Manuals (OPPMs).

MAJOR RESPONSIBILITIES

1. Originate new products to provide financial solutions based on customer needs

2. Perform product enhancements and product redesign to ensure products are relevant and up-to-date.

3. Ensure that OPPMs and Product Manuals remain relevant based on existing practices and aligned with changes to regulatory requirements, if any.

4. Collaborates with internal stakeholders for the creation of new products. Work closely with Treasury Group, Business Management, Operations, Credit Management Group, Risk Management Group, Accounting, ITAD, Compliance and other control functions to ensure adequacy of overall policies and procedures, including management of risk.

5. Management of the end-to-end process relating to the Product Approval and Review Policy of the Bank, including development of the Operational Policies and Procedures Manuals (OPPMs)

6. Prepare product-related materials for client distribution and training requirements for Market Sales Group and other sales units (e.g. WMG, RBB).

7. Meet clients together with Sales Officers to have in-depth discussions on customer needs, when the need arises.

8. Keep abreast of key developments in the industry from regulatory, market, risk, and credit perspectives

9. Manage the Structured Products Team and ensure all members continue to enhance their skill set through proper training, coaching and mentoring. Give opportunities for members to take initiatives and lead projects.

JOB SPECIFICATIONS/QUALIFICATIONS:

Educational Background:

• College graduate in a reputable university with a degree in Business Management, Finance, Mathematics, Computer Science, Engineering or other business-related courses.

Professional Experience:

• Minimum 5 years experience in Financial Markets (Trading or Sales: FX, Fixed Income or Derivatives)
• Experience in product development in a financial institution a plus
• Certification Treasury Professional: FX and FI (Treasury Certification Program) preferred
• Fixed Income Salesman License (SEC) - preferred

Knowledge and Skills Required:

• Intermediate to advanced knowledge on financial products, financial concepts, derivatives, and investments.
• Has apt knowledge of Bank policies and banking regulations.
• Knowledgeable in Microsoft Office - Word, Excel, PowerPoint. Knowledge in computer programming, VBA an advantage.
• Skills: Research, Analytical, Communication, Organizational and Social