Product Manager - Cross Border Payments

Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Business Descriptor

HSBC Corporate and Institutional Banking is a markets-led, financing-focused business that provides investment and financial solutions. Global Payments Solutions is made up of almost 10,000 people, across more than 60 countries. The business is uniquely positioned to help clients make payments across borders, across currencies and regulations, quickly and cost effectively with dedicated in country and regional support. Our expertise in this area is repeatedly recognised by the industry’s most prominent publications and associations with numerous global, regional and country awards.

Job Introduction

• We are seeking an experienced individual who has hands-on experience in designing and commercializing products and services for our corporate clientele. Candidates who have operational experience alongside interaction with customers are also welcome to apply.

• The individual should have expert level knowledge of the regulations governing Cross Border Products and Digital/Payment regulations as relevant in India. Working knowledge of regulations in other jurisdictions (including GIFT) will be an added advantage,

• The individual must have a working level knowledge on the operations and practical nuances (including but not restricted to system interfaces and account structures) of cross border transactions.

• Preferably well networked in the cross-border payments ecosystem and should be able to collaborate with key network participants in the payments’ ecosystem, including Banks, Fintechs and Regulators

Responsibilities

• Driving the P&L for the product function to the extent of business emanating from cross border products and services within the remit of Global Payments Solutions

• Responsible for driving and monitoring Fee Income and current account balances through flows/ volumes for inward and outward remittances.

• Liaising with key legal and compliance teams, external and internal, to ensure all related master circulars/ Directions and FEMA guidelines are being adhered to.

• Creating/ Co creating solutions with key clients in close consultation with the regulator.

• Working with operations and other internal stakeholders like Sales, Coverage, Services and Implementation teams to simplify/digitize/Automate processes, Drive product penetration among clients, improve success rates etc.

• Representing the unit in reviews from an Internal/external audit, compliance and internal controls perspective.

• Pro-tip : Familiarity with AI-enabled tools is an advantage.

You’ll achieve more at HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited, India