Senior Product Development Manager Discretionary and Alternatives - Hang Seng Bank (HK)

HSBC
America/Chicago
Workplace: OnsiteFull timeFunction: Solutions Engineering & Sales EngineeringEducation: bachelorsSkills: ["Product governance","Due diligence","Risk control","Stakeholder management","Issue escalation","Project management","Customer outcomes focus","Strategy/proposition design"]

Own the development and governance of discretionary and alternative investment offerings to support revenue targets and drive strong customer outcomes. Define product strategy and a system enhancement roadmap, set sustainable business models and propositions, and lead end-to-end onboarding and launch readiness across distribution channels. Ensure robust due diligence, product governance, ongoing monitoring, commercialization, and timely risk escalation for discretionary portfolio services and alternative funds.

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FursaFursa
HSBC
HSBC
3 days ago

Senior Product Development Manager Discretionary and Alternatives - Hang Seng Bank (HK)

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Job Summary

Own the development and governance of discretionary and alternative investment offerings to support revenue targets and drive strong customer outcomes. Define product strategy and a system enhancement roadmap, set sustainable business models and propositions, and lead end-to-end onboarding and launch readiness across distribution channels. Ensure robust due diligence, product governance, ongoing monitoring, commercialization, and timely risk escalation for discretionary portfolio services and alternative funds.
Location: America/Chicago
Workplace: Onsite
Employment Type: Full time
Job Function: Solutions Engineering & Sales Engineering
Seniority: Manager level

Key Responsibilities

  • •Manage discretionary and alternative offerings to support revenue targets with robust due diligence, product governance, and strong customer outcomes.
  • •Define product strategy and system enhancement roadmap, prioritizing fund business model and aligning to HNW customer appetite.
  • •Set sustainable business model and proposition for discretionary portfolio service and alternatives strategies.
  • •Initiate and lead end-to-end onboarding of discretionary solutions/alternative funds across distribution channels, including requirements, approvals, implementation, and launch readiness.
  • •Oversee due diligence, governance, and ongoing monitoring; lead commercialization and channel readiness.

Key Requirements

  • •Proven experience managing discretionary portfolio services and alternative investment offerings (e.g., private markets, hedge funds, structured/illiquid strategies) in a Private Banking/HNW context.
  • •Track record delivering revenue and growth targets through manned or advisory channels while keeping customer outcomes central.
  • •Strong Product Governance, Due Diligence & Risk Control, with capability to run end-to-end product due diligence and maintain ongoing monitoring.
  • •Comfort managing issues and escalating risks promptly with clear remediation actions.
  • •Experience defining product strategy and translating it into a sustainable proposition and operating model, including pricing/fees, target segments, and suitability framework.
Experience:Private bankingHigh net worthAlternative investmentsStructured productsHedge fundsPrivate markets
Education:Bachelor's
Skills:Product governanceDue diligenceRisk controlStakeholder managementIssue escalationProject managementCustomer outcomes focusStrategy/proposition design
Certifications:CFACFPCFMP

Company Brief

HSBC
Global banking and financial services organisation offering retail, commercial, corporate and investment banking, wealth management, and global markets services across Europe, Asia, the Americas and the Middle East.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: London, United Kingdom
Founded: 1865
Glassdoor
Glassdoor: 3.6
WebsiteLinkedIn