[SCB] API Banking PO - Foundation, FM, SS - (2400000834)

Location: Singapore
Job type: Permanent
Contact email: careersrise@bcg.com
Job ref: 2400000834
Published: about 1 month ago
Startdate: 23 January 2024 - 23 January 2024

The Role Responsibilities

This role will be an integral part of API Banking team.As a product owner you are responsible to deliver the most innovative ideas on the Financial markets and Securities services space that shapes up the future of API Economy. Candidate will play a key role in ideating and creating new features that uniquely meet the needs of the customers.Candidateare responsible for building product strategy and expansion into multiple regions/countries.

Strategy

  • Deep understanding of banking products, payment gateway and the entire banking platform and its functionality

  • Collaborate with Fintech Partners/ Clients/ Third Party Players, regulators, and industry bodies for bringing new capabilities under the umbrella of Open Banking implementation

  • Deep understanding of our client’s business requests and gather insights to drive product strategy and solution

  • Clearly understand and articulate the requirements that supports the development of products, features and functionality.

  • Identify commercial opportunities utilizing Financial markets,Securities services and Foundational APIs that solve specific pain points for our clients

  • Collaborate with the cross functional teams within the Bank (Channels, FM/SS products, Country teams)

  • Provide suggestions for functional improvements time to time

  • Lead market research /customer testing for new concepts and translate these insights into product roadmap

  • Has a strong understanding of product financials and ensure that product delivers expected revenue targets

  • Setting goals to development team and managing the execution and deliverables from the Squad

  • Assist Development /testing team/ Business Analyst for any functional queries

Business

  • Provide leadership in the utilization efforts of APIs

  • Drive and manage API Solutions performance by tracking utilisation and cross sell

  • Fully complied with regulatory guidelines and regular self-assessment in electronic banking 

Governance

  • Ensure Country compliance on Group standard for Audit, Control and financial reporting

  • Maintain the product programmes and PPG/ CA database as per product governance guideline

  • Act as a liaison with the local risk committees

Key stakeholders

External

  • Customers (across the breadth of the portfolio)

  • Regulators

  • Vendors

  • Infrastructure providers

  • Media

  • Competitors (industry initiatives)

Internal

  • TB Sales, TB Heads, CB and CIB, Group & Regional Digital Channel and Data Analytics, Operations, CSG, CIO, Finance, Legal, Compliance, Relevant country committees

  • Corporate Affairs, Marketing, Audit

  • Digital Channel & Data Analytics Product Heads

Our Ideal Candidate

  • 10 + years of experience with a proven track record of success in the product management, product development or project management.

  • Shape and influence the development of Financial markets, Securities services and Foundational APIs strategy, product features and use cases

  • Act a key subject matter expert with the knowledge on markets, regulations, product, and customer personas

  • Bachelor’s or master’s degree in computer science or equivalent practical experience.

  • Training / working knowledge in digital / fintech product development and lifecycle

  • Post-secondary technical or business degree / MBA is a strong asset.

  • Deep understanding of banking products, payment gateway and the entire banking platform and its functionality Collaborate with Fintech Partners/ Clients/ Third Party Players, regulators, and industry bodies for bringing new capabilities under the umbrella of Open Banking

  • Deep understanding of our client’s business requests and gather insights to drive product strategy and solution Clearly understand and articulate the requirements that supports the development of products, features, and functionality

  • Provide suggestions for functional improvements time to time Lead market research /customer testing for new concepts and translate these insights into product road map Has a strong understanding of product financials and ensure that product delivers expected revenue targets Setting goals to development team and managing the execution and deliverables from the Squad Assist Development /testing

Role Specific Technical Competencies

  • Skills Proven track record in leading and implementing digitalization and/or transformation initiatives in corporate and institutional banking, including driving client adoption of digital channels and increasing share of revenue via electronic channels.

  • An experienced people leader with an ability to build a strong team, encouraging team members to drive personal career development, including strengthening skills through relevant training, learning and development activities.

  • Good understanding of the product development lifecycle using Agile Methodology and relevant prior experience in drafting vision statements, epics and user stories, use case documents, solution papers, business workflow documents and high-level functional flows.

  • Deep understanding of the corporate banking domain with a profound ability to conceive and design end-to-end product flows, define interface requirements, identify relevant operational processes and clearly articulate these flows and processes to the relevant business and technology workgroups.

  • A skilled negotiator with an ability to work across all organization levels

  • High integrity and personal drive, with a passion for product, technology and services transformation

  • Highly experienced in stakeholder management and working closely with global senior leaders, including business product heads, COOs and CIOs

  • Effective and positive written and verbal communications especially when acting as a liaison between departments, internal employees/subordinates and clients.

  • Ability to create and deliver effective oral and written presentations/proposals up to a senior level of management.

  • Comprehensive solution-oriented thinker when dealing with clients, team members, internal functional departments and upper management.

  • Ability to effectively manage and motivate matrix resources to attain organizational goals and influence without direct authority

  • Strong project management skills including planning, documenting, communicating and delivering the end result on-time

  • Experience in a position of broad collaboration, influence and communication in a large organization.

  • Excellent teamwork skills preferably with experience of working in teams spread across functions and geographies

  • Sense of ownership and pride in your performance and its impact on the program’s success

About Standard Chartered 

We're an international bank, nimble enough to act, big enough for impact. For more than 160 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 thing and 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

  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In 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-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum

  • Flexible working options based around home and office locations, with flexible working patterns

  • Proactive wellbeing support through 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 culture to 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 assessments - some 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