The Custody Business Function aims to expand Bank of China (BOC) Group’s network of UK sub-custodians to increase BOC London Branch’s Assets under Custody, while also collaborating with other market infrastructure providers (ICSDs) to build BOC London Branch’s market capabilities. The Function is responsible for Sales, Marketing, Product Development, Pricing and Operations Processing.
The Custodian Services team is responsible for the safekeeping and administration of financial assets, primarily by financial institutions like banks or trust companies, on behalf of individuals or institutions. As a Custody Product Manager, you will be supporting the Custody Services team by being responsible for the product strategy and planning, product development, pricing and profitability, supporting sales and operations areas and in line with compliance needs for Custody Business. This is a full time permanent position.

REQUIREMENTS

• Degree level educated in Finance, Banking or other related subjects
• Certifications related to custody or investment banking from CISI, such as the Investment Operations Certificate (IOC) is preferred
• Good level of experience in custody business (trading settlement/corporate action/tax) or related business experience
• Proven track record of successfully developing and managing custody products
• Strong academic background in investment, finance, economics or accounting
• Experience / knowledge of payment or clearing services
• Master MS-ACCESS or DATA BASE technology is priority
• Knowledge in SWIFT message 5XX
• Strong knowledge in CASS Rule
• Excellent communication skills
• Good communication skills and fluency in Mandarin is desirable
• Proficient in operating CREST or other CSD/ICSD systems
• Proficient in the use of Microsoft Office Visio applications
• Proficient in the use of MS Office (Word, Excel, PowerPoint)
• Good ability to multi task
• Team player
  Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally

• Develop and execute the product strategy for the Custody Business department and aligning it with overall business objectives
• Conduct market research and analysis to identify opportunities for the product and service and investigating business opportunities internally across Front Office business lines
• Keep aligned with the market place to ensure a relevant and up to date service is provided to clients
• Define product and service requirements
• Monitor product performance and identifying areas for improvement on product features
• Develop and implementing pricing strategies for Custody Business
• Monitor product profitability, track revenue and cost performance
• Support the Relationship Managers/Sales areas with product expertise, training and client presentations
• Gather client feedback and understanding their needs to enhance the service
• Work closely with Compliance to ensure the product complies with all relevant regulations and industry standards
• Collaborate with global teams to ensure consistency and alignment with the services offered
• Drive an innovative custody product offering, exploring new service models and solutions
• Complete tasks and duties as assigned by the Team Lead or Head of Department for the continued efficiency of the department