Global Trade Product Manager, Receivables Finance - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Role Responsibilities:

This global role is targeted at an experience product manager within the Open Account team for Receivables Finance. The focus of this role is to deliver change and enhancements on our existing receivables product making it 'easy2bank' for both internaland external clients. Our client base is Global500 clients and MME clients in Asia. It therefore requires someone with an indepth knowledge of new market trends as well as the product range.

General Product Management:

Establish and maintain relationships with risk, business risk, compliance, and other relevant groups within SCB, as well as develop and ensure execution of the business strategy, and manage risk and compliance
Partner with other global, regional, and country leaders to share best practices and drive business strategies, solutions, and client centric solutions to differentiate SCB in the marketplace and achieve substantial growth targets for the business
Conduct training and workshop for internal stakeholders on Product knowledge and commercialization
Regular webinars and engagement with Sales, Coverage and Operations to further strengthen Trade Product knowledge including planning and driving Trade Training calendar across the region as required

Areas of role focus:

Bespoke, structured facilities
A key area of focus for SCB is growth in the Fortune 500 / Large Multi-National Corporate client base. The role will primary be focused to expand our offering into US, Europe and China markets for this client base. In order to deliver this, we need an individualthat is comfortable and experienced with this client base and can support Sales from a product standing to deliver client needs. This role requires an indepth understanding of working capital, securitisation, and different underwriting concepts such as portfoliounderwriting.
This role will require someone that can deliver change to product parameters and policies to ensure that we are 'product ready' for complex structures.
Delivery on projects
As we expand our business we will be looking for an individual that can articulate complex requirements and changes to multiple stakeholders including technical development, credit modelling and risk management teams in order to deliver our growth strategyspecifically for large portfolio, securitised receivables finance facilities.
Global Product Management in International Trade (Receivables Finance and Structured Trade) with a regional or global Trade Bank. Basic exposure to documentary trade is preferable.
Ability to keep abreast on changes in the market, customer requirement, competitor response and the Banks ability to use information to identify new business opportunities.
In-Depth of understanding of financial regulation impacting International Trade Business, in particular Basel, Risk Weighted Assets etc. Proven ability to commercialize these regulatory requirements internally & towards clients in form of internal directionsaround operational / investment balances and positioning of same with clients.
Strong communication and interpersonal skills to influence directly, indirectly and virtually across the SCB network.

Role Specific Competencies:

Design and commercialisation of new products and propositions for specific sectors and markets (New Economies & Services sector) for anchors in Europe and Americas
Asset & Contingent Growth / Utilization & Replacement ratios to meet B/s & revenue targets: Ownership of A&C levels per trade product based on Budget and Forecast for the year
Monitor against budgeted revenue forecasts, highlight underperforming products / regions and devise remedial and supportive action.
Pricing: Establish and implement competitive and transparent pricing policies and standard pricing guidelines to maximise product profitability and shareholder value.
Ensure and Demonstrate that Products are Fit for Purpose / Fit for Growth and Fit for Sale
Production, socialisation & actions derived from product performance analytics, including execution
Capital and Return: RWA, RoRWA and Standard Pricing alignment
Active, demonstrable Ownership & execution of e2e product life cycle activities through Product Annual Assessment processes, at minimum.
Creation of Regional Feedback loop representing industry / client / regulatory and competitor insight to global centres of excellence within TB, GTO.
Competiveness and external capabilities benchmarking & communication of same to global teams
Digitization strategies & execution

- including increasing e-penetration rate with Europe on booked and originated client base

Training and upskilling of TB capabilities throughout the regional stakeholder Group and clients.
Communication, training & pipeline building with Sales on global valueadd propositions.
RFP and preRFP support in solutioning and SME support and client engagement not "holding the pen"
Create industry value propositions, with quantifiable, differentiated benefits and build pipeline and focus
Drive global and regional product initiatives for booked and Originated perspective for example
Export Drive, Value added trade growth campaigns etc
Risk (Operational, Credit, Regulatory, FCC and Conduct) ensuring trade product in Europe meets the highest standard from a risk and conductbased perspective
Ensure compliance with Product Programmes, CAs and front to back alignment with Functions to deliver compliance in coordination with relevant stakeholders.
Ownership of adherence to and execution of Regional Pricing policy for Trade.
Ownership, management and responsibility to ensure the delivery of the product to our client base is in line with operational risk, FCC and conduct frameworks.

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunitiesto grow and do better than before.

If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you.

You can count on us to celebrate your unique talents. And we can't wait to see the talents you canbring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved b