Vice President, Open Account Trade Product, Global Transaction Services at DBS Bank

Hong Kong Island, Hong Kong, China -

Full Time

Start Date

Immediate

Expiry Date

15 Mar, 26

Salary

0.0

Posted On

15 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Management, Trade Finance, Working Capital Solutions, Account Receivables Purchase, Supply Chain Finance, Legal Documentation Negotiation, Communication Skills, Presentation Skills, Stakeholder Management, Analytical Skills, Financial Acumen, Credit Risk Management, Product Development Lifecycle, Market Research, Innovation, Problem-Solving

Industry

Banking

Description

Business Function Global Transaction Services (GTS) comprises of Cash & Trade, Securities Services and Fiduciary Services. In an increasingly borderless world marked by burgeoning trade flow, expertise in trade finance services is an invaluable asset. With cash the lifeblood of every company, so too, is a good understanding of how to manage these cashflows. Trade Finance, together with Cash Management, is the mainstay of GTS, and is extended to SME and corporate clients for their local and cross-border financial transaction needs. Responsibilities Provide innovative working capital solutions for clients and, lead negotiation of complex structures and legal documentation Assess risks in deal-specific product deviations and recommend a clear way forward Develop product strategy and roadmaps based on thorough market research, customer feedback, and robust financial analysis Create effective marketing collateral, sales tools, and training programs to drive product adoption Analyze customer usage data and feedback to inform product optimizations and enhancements Ensure strict compliance with all regulatory and internal policy requirements Manage profit and loss (P&L) responsibilities for all products under management Identify new market opportunities and translate them into actionable product requirements Initiate platform or system enhancements, ensuring they are thoroughly tested and accompanied by appropriate documentation and processes prior to launch Drive ad-hoc projects related to market, jurisdictional, legal, policy, and regulatory changes impacting open account trade products Requirements University degree holder with minimum 6 years of product management experience, specifically within the trade finance domain Strong knowledge of working capital solutions, account receivables purchase, supply chain finance, and third-party platforms Experience with legal documentation negotiation. Legal training would be a significant advantage Excellent communications, presentation and stakeholder management skills Strong analytical skills and financial acumen Proven ability to influence stakeholders and drive results in a matrixed environment, collaborating seamlessly across departments Entrepreneurial mindset with a passion for innovation and problem-solving Solid understanding of credit risk management principles, including effective mitigants and robust control frameworks Proficiency in product development lifecycle and methodologies Apply Now We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements. We regret only shortlisted candidates will be notified.

Responsibilities

The Vice President will provide innovative working capital solutions for clients and lead negotiations of complex structures and legal documentation. They will also develop product strategy, manage P&L responsibilities, and ensure compliance with regulatory requirements.