Trade-Global Product Manager, Receivables Finance (London based)

at  Standard Chartered

JOB SUMMARY

This global role is targeted at a product manager with experience of open account products and structures. You will be responsible for managing and delivering the global objectives of the Receivables product and digital proposition. These include financial and non-financial performance, taking charge of new initiative/proposition development and ongoing product development, defining the product strategies, and oversight of risk and governance. All of the above should be in alignment with the global trade strategy.

• Set, manage, and deliver the digital proposition for Receivables products from end-to-end. Includes setting the vision, the product strategy and design, commercialisation, financial performance and risk governance. The focus is on client-centric solutions that will enable SCB to compete in the market and meet the business’ objectives.
• Own the consolidated digital roadmap for Receivables aligned with the product vision and strategy; manage and prioritise the backlog to deliver value to clients and the Bank.
• Develop and execute product strategy, whilst managing risk and compliance.
• Collaborate with cross-functional teams within the Bank and/or with vendors/3rd parties to deliver of the propositions.
• Commercialise the product and proposition.
• Oversee key metrics (e.g., revenue, utilisation, costs, RWA, returns, TATs, etc.); use data to inform product strategy and priorities.
• Conduct research and competitive analysis to inform product development.
• Partner with other global, regional, and country leaders to share best practices, drive business strategies and outcomes.
• Contribute to the setting and delivery of the growth and business targets for Receivables globally.

ABOUT STANDARD CHARTERED

We’re an international bank, nimble enough to act, big enough for impact. For more than 170 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 opportunities to 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 can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

KEY RESPONSIBILITIES

• Help articulate the global digital product vision for Receivables, including positioning of the product with the Bank’s target clients, and strategies for achieving business targets.
• Provide business development and strategic direction across the digital Receivables product suite.
• Develop and commercialise digital Receivables solutions to grow SCB’s Receivables revenues.
• Stay abreast of client, industry, and regulatory trends in the digital space, use it to develop or reinforce our competitive edge and product proposition, or position SCB’s offering in the market.
• Own and prioritise the product backlog holistically, be it for development internally or with vendors/3rd parties.
• Run the business deployment of global digital Receivables propositions and initiatives.
• Develop and own go-to-market approach for digital propositions.
• Ensure appropriate governance is in place for managed products and work with relevant stakeholders to ensure the product complies all process and policy guidelines.
• Assess new trends and provide feedback to link those with current offering and impact to clients.
• Drive active engagement with Sales, Coverage, Structuring, Operations, Implementation and other key stakeholders to ensure appropriate support for deal prospecting and closure.
• Cultivate and maintain relationships with vendors/3rd party platforms as necessary, to collate business intelligence and deliver client solutions, as appropriate.
• Drive digital adoption amongst clients and strategic digitalisation within the Bank to improve the product solutions and delivery.
• Commercialise proprietary as well as third party channels in alignment with Group strategy.
• Support the governance and ongoing management of vendors and third parties at a global level.
• Responsible for a coherent digital/product proposition and roadmap that is also consistent with product strategy.
• Ensure sufficient internal support, resources and know-how for any digitisation initiatives.
• Drive thought leadership on trade digitisation in the Receivables space.
• Ensure end-to-end processes linked to product delivery to our clients are fit-for-purpose, and enable sustainable growth of the Receivables product by improving process efficiency. Improvements should be measurable in tangible outcomes for our clients and the Bank.

This global role is targeted at a product manager with experience of open account products and structures. You will be responsible for managing and delivering the global objectives of the Receivables product and digital proposition. These include financial and non-financial performance, taking charge of new initiative/proposition development and ongoing product development, defining the product strategies, and oversight of risk and governance. All of the above should be in alignment with the global trade strategy.

• Set, manage, and deliver the digital proposition for Receivables products from end-to-end. Includes setting the vision, the product strategy and design, commercialisation, financial performance and risk governance. The focus is on client-centric solutions that will enable SCB to compete in the market and meet the business’ objectives.
• Own the consolidated digital roadmap for Receivables aligned with the product vision and strategy; manage and prioritise the backlog to deliver value to clients and the Bank.
• Develop and execute product strategy, whilst managing risk and compliance.
• Collaborate with cross-functional teams within the Bank and/or with vendors/3rd parties to deliver of the propositions.
• Commercialise the product and proposition.
• Oversee key metrics (e.g., revenue, utilisation, costs, RWA, returns, TATs, etc.); use data to inform product strategy and priorities.
• Conduct research and competitive analysis to inform product development.
• Partner with other global, regional, and country leaders to share best practices, drive business strategies and outcomes.
• Contribute to the setting and delivery of the growth and business targets for Receivables globally