Manager, Product Proposition, Pensions - Wealth and Personal Banking

Hong Kong, Hong Kong
Not Specified
Feb 19, 2021
Mar 21, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

Some careers shine brighter than others.

If you're looking for a career that will help you stand out, join HSBC and fulfil your potential. 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.

Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world's largest global wealth managers with USD1.4 trillion in assets. Across Asia, where wealth pools are growing faster than in any other region, HSBC's wealth revenues grew 12% in 2019 (year-on-year) to USD5.7 billion. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking individuals and families, through to business owners, investors and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers' needs.

We are currently seeking a high calibre professional to join our team as a Manager, Product Proposition, Pensions.

Principal Responsibilities
  • Analyzing the development of the Pensions, ORSO and MPF, market and customer needs by conducting product comparison and market research to provide recommendation for the formation of business and product strategy and proposition
  • Play a key part in ensuring consistency in the Pension product offering and strategy are in line with the overall HSBC Wealth Management proposition
  • Support the Pensions business and Insurer to work with the Trustee and Fund managers for the on-going monitoring of fund performance, identify improvement needs and monitor such implementation
  • Overseeing the development of the regular investment educational materials, for example, ensure the disclosures of market outlook and fund specific commentary are appropriately presented and in line with the market conditions and our customer needs
  • Liaison with all stakeholders including but not limited to the Bank, Insurer, Trustee, Fund managers and Administrator to lead and drive the end-to-end product development, review and on-going monitoring process from product concept, feasibility studies, regulatory approval and implementation
  • Lead and execute statutory-related product changes in Pensions
  • Preparation of product collaterals including client communication materials, FAQ and the final output of offering document for fulfillment of product launch

  • University graduate
  • Solid years of experience in the pension, wealth management or insurance industry with management level experience
  • Hands on experience in the product development and proposition function preferably in pension, wealth management or insurance industry
  • Strong interpersonal, communication, especially written skill, and influencing skills to interact with senior management and subordinates, internal and external stakeholders at all level
  • Ability to pay attention to details, especially those in relation to product implementation timeline and associated risks, including regulatory risks
  • Candidate with professional qualification with CFP or CFA; or
  • Experience in product development projects inclusive of implementation and regulatory approval for Pensions product changes will have added advantage

To be considered for this role, the relevant rights to work in Hong Kong is required.

You'll achieve more when you join 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.

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