AVP, Product Manager (Secured Loans and Sustainable Financing)

at  OCBC Bank

WHY JOIN

We are seeking a highly motivated and experienced Product Manager to join our SME Banking at OCBC Bank Singapore. As a Product Manager, you will be responsible for managing and driving the growth of our Equipment Financing, Insurance Financing, and Sustainable Financing products within the SME banking segment. This role requires a combination of strong analytical skills, strategic thinking, and a deep understanding of the SME banking landscape.

WHO WE ARE

Singapore’s longest established bank, we’ve been helping people and businesses get what they want from life since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Embracing technology and creativity to become a future-ready learning organisation. But for all that change, the entire focus of our organisation remains to be Simply Spot On. In everything we do.
And so whether you want innovate needs-based financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

1. Product Strategy and Development:

• Develop and execute a comprehensive product strategy for Equipment Financing, Insurance Financing, and Sustainable Financing in line with the bank’s overall SME banking objectives.
• Conduct market research and competitor analysis to identify market trends, customer needs, and potential opportunities for product enhancement or development.
• Collaborate with cross-functional teams, including sales, credit, operations, and marketing, to ensure seamless product implementation and delivery.

1. Product Performance and Growth:

• Monitor and analyse product performance metrics, including profitability, market share, and customer satisfaction, to identify areas for improvement and drive product growth.
• Develop and implement pricing strategies, promotions, and marketing campaigns to increase product awareness and drive customer acquisition and retention.
• Work closely with sales teams to provide product training and support, enabling them to effectively promote and sell the product to SME customers.

1. Risk Management and Compliance:

• Ensure compliance with regulatory requirements and internal policies in product development, pricing, and sales processes.
• Collaborate with credit and risk teams to assess and manage the credit risk associated with the product portfolio.
• Stay updated on industry regulations and market trends related to Equipment financing, Insurance Financing, and Sustainable Financing, and proactively adapt product strategies and processes as necessary.

Qualifications