Product Manager

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.Job Summary•The Product manager will manage the Managed Investment business from a product perspective including P&L management, new product development, channel management and systems. Managed Investments product solutions includes mutual funds, PMS and Alternate Funds. Key ResponsibilitiesStrategy •Build MI business to achieve leadership position in the marketplace. •Development of a sustainable business model that will be profitable in the long-term. •Build the sales strategy for MI. •Profitable Management of key fund partner alliances. •Launching and managing new & innovative products. Business •Distribution Management:Setting and monitoring of business performance standards and developing alternate channels for distribution. •Revenue Optimization:Maximize business performance opportunity and manage the fee structure and revenue generation ensuring minimum revenue leakage. •Product Proposition: Bringing innovative product solutions to the market place and strengthening the client value and service proposition for MI Processes •Adherence to Sales and suitability process in line with bank's policy. Ensure the implementation of appropriate systems and operational processes to measure and manage KPIs and profitability. People & Talent •Collaborate with frontline (specialists, RMs) and support functions to deliver effective client solutions and seamless investment journey Governance •Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role. •Ensure adherence with the highest standards of ethics and compliance with relevant policies, processes and regulations forms part of the culture. •Engage with all audit report findings and ensure feedback is acted upon Regulatory & Business Conduct •Display exemplary conduct and live by the Group's Values and Code of Conduct. •Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. •Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. •Lead to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] * •Serve as a Director of the Board •Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent) Key stakeholders •Head, Wealth Solutions and Affluent Segments, SCB •Head, Managed Investments •Head, Investment products and strategy, SCB •Managed Investment Product Team •Wealth Specialists. Other Responsibilities •Embed Here for good and Group's brand and values in Private Bank, India]; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats) Skills and Experience•Good understanding of the dynamics of the financial services market with particular emphasis on mutual funds, alternate products and PMS •Well-developed project management skills •Experience in Investment products •Strategic orientation and aptitude Qualifications•EducationPost-Graduate •Trainingas required by role remit and responsibility •Licensesas required by role remit and responsibility CompetenciesAction OrientedCollaboratesCustomer FocusGives Clarity & GuidanceManages AmbiguityDevelops TalentDrives Vision & PurposeNimble LearningDecision QualityCourageInstills TrustStrategic MindsetTechnical Competencies: This is a generic competency to evaluate candidate on role-specific technical skills and requirementsAbout Standard CharteredWe'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 thingand 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 What we offerIn line with our Fair Pay Charter,we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. Core bank funding for retirement savings, medical and life insurance,with flexible and voluntary benefits available in some locations. Time-offincluding annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum. Flexible workingoptions based around home and office locations, with flexible working patterns. Proactive wellbeing supportthrough Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits A continuous learning cultureto support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning. Being part of an inclusive and values driven organisation,one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential. Recruitment AssessmentsSome of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website www.sc.com/careers