Product Development Manager, Capital Markets - Hang Seng Bank (HK)
HSBC · Hong Kong, Hong Kong Island, Hong Kong S.A.R.
Financial Services · 10,001+ employees
About the role
The Product Development Manager will manage the end-to-end lifecycle of structured and derivative products while collaborating with internal stakeholders to launch innovative investment solutions. They are also responsible for conducting product due diligence, monitoring market trends, and ensuring all documentation adheres to regulatory requirements.
What they look for
Requirements
Candidates must hold a university degree in Finance, Economics, or a related field and possess at least 5 years of experience in product management within retail or private banking. A strong understanding of financial markets, investment instruments, and the Hong Kong regulatory environment is essential.
Benefits
Full description
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join Hang Seng and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, Hang Seng offers opportunities, support and rewards that will take you further.
Investments and Wealth Solutions
Hang Seng's Investments and Wealth Solutions offers a full spectrum of wealth products and services to our Retail Banking and Wealth (RBW) customers, from high-net-worth to mass segments across channels to capture opportunity under different market scenarios. We play a distributor role to source investment and insurance products from service providers, manage the product due diligence and onboarding, as well as client journey design and implementation. We distribute investment funds managed by top tier fund managers covering different types of funds, across regions and asset classes. A wide range of structured products with underlying linked to equities, FX rates, interest rates, investment funds, etc. are offered for investors to pursue different investment objectives. We also offer fixed income instruments and certificates of deposit to customers who look for regular coupon payment. Besides, we have securities services covering exchange traded equities in local and overseas markets offered through a wide variety of trading channels. Margin trading services covering FX and securities, and investment financing service provides extra liquidity and purchasing power to cater for investment needs from sophisticated investors.
We are currently seeking a high caliber professional to join our team as Product Development Manager, Capital Markets.
Principal Responsibilities
- Develop and manage the end-to-end lifecycle of structured products (e.g. FX structured deposits, FX-linked notes, FX margin trading) and derivatives products (e.g. accumulators, decumulators, options, forwards)
- Collaborate with internal stakeholders including Global Markets, Investment Advisory, Legal, Compliance, and Sales Management to design and launch innovative investment solutions
- Conduct new and ongoing product due diligence review
- Monitor market trends, customer behavior, and market players activities to identify opportunities for new product ideas or enhancements
- Ensure all product documentation, marketing materials, and sales processes adhere to regulatory requirements and internal risk frameworks
- Conduct product performance analysis, measuring returns, sales metrics, and client feedback to inform continuous improvement
- Coordinate product training sessions for relationship managers and front-line staff
- Manage product pricing, profitability tracking, and approval processes
- Support digital initiatives to enhance distribution and product accessibility through online and mobile channels
Requirements
- University degree in Finance, Economics, Business Administration, or a related field; professional qualifications (CFA, FRM) are an advantage
- 5+ years of experience in product management or development within retail or private banking, with a focus on structured products or derivatives products or investment-linked products
- Strong understanding of financial markets, investment instruments, and retail client needs
- Familiarity with Hong Kong regulatory environment for investment products (e.g. SFC, HKMA guidelines)
- Excellent analytical, communication, and project management skills
- Team-oriented with the ability to influence and drive cross-functional collaboration
- Proficiency in MS Office, VBA and familiarity with digital banking tools or platforms is a plus
- Great sense of ownership and servicing mindset to ensure efficient and effective deliverables
The employment is subject to Mandatory Reference Checking Scheme (MRCS) as per regulatory requirement. For details, please refer to Hong Kong Monetary Authority - Mandatory Reference Checking Scheme.
You’ll achieve more when you join Hang Seng Bank Limited.
www.hangseng.com/careers
https://www.linkedin.com/company/hang-seng-bank
Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. We seek to attract high-calibre talent by offering a dynamic working environment, good career development opportunities and competitive compensation packages.
Issued by Hang Seng Bank Limited