Ed, Fi Clearing Product Management

**JOB SUMMARY**
- We are seeking an experienced and strategic product management leader to drive the growth and innovation of our FI Clearing product suite globally. The role will sit at group with active involvement across USD, EUR, GBP, RMB as well as a large number of other locations with FI clearing solutions.
- This role encompasses core product management responsibilities, commercialisation strategies, leveraging data for insights, standardisation efforts, and the enhancement of our Asian Clearing proposition. The role initially involves leading a small team with extensive collaboration with group-level and in-country product managers.

**RESPONSIBILITIES**

**Strategy**
- Position SCB’s capabilities and reputation within the FI clearing business.
- Lead the end-to-end management and lifecycle of FI clearing products, with a specific focus on Banks and Affiliates. This will include enhancements of existing capabilities and new initiatives.
- Define and execute the product roadmap in alignment with the global payment strategy, FI clearing growth agenda and evolving client needs. Prioritise based on commercial opportunity, market intelligence, client feedback and competitive analysis.
- Drive revenue growth by developing robust commercialisation strategies, including product performance tracking, pricing models, value propositions, standardisation opportunities and go-to-market plans.
- Lead initiatives to modernise the FI clearing product suite, leveraging emerging technologies (e.g. API, ISO20022, real-time cross border) to improve functionality, commercial advantage and efficiency.
- Partner closely with other TB Product Teams, to include Transactional FX, Liquidity & Trade Lending teams to drive cross-sell and further revenue opportunities.
- Spearhead the enhancement of SCB’s Asian clearing proposition, ensuring competitive positioning, local nuances and regulatory compliance.
- Stay ahead of market trends, emerging technologies and regulatory changes to ensure the product suite remains innovative and relevant.
- Determine and assess partnership requirements for FI Clearing to evolve the product offering.
- Collaborate with senior leaders across the bank to secure buy-in for product initiatives and drive alignment with strategic goals.

**Business**
- Drive the P&L for the FI clearing product, focussed on revenue growth, NFI, balances and overall profitability.
- Contribute to the development of the overall product strategy, product roadmap, and business plan
- Analyse product performance using data-driven insights, identifying areas for improvement and growth.
- Determine opportunities for standardisation to drive fee optimisation, claim recovery rates and/or processes that impact the end-to-end clearing offering.
- Partner with regional and in-country teams, and drive a holistic FI Clearing product plan across all booking locations.
- Work closely with other Product Owners, Product Developers, Solution Delivery, Marketing, Sales, Coverage, Operations, Digital Channels, Platforms and Engineering teams to define and develop detailed product/business requirements.
- Constantly monitor the business environment as well as analyse competitor’s offerings in the market and recommend appropriate strategies to respond to market opportunities and/or threats.
- Run a robust operating plan outlining product release timelines and implementation with coordination of all the activities required to bring the product to the client/market.
- Collaborate with key location product managers to ensure product readiness before pilot / launch, including commercialization tool kits, product packs and training.
- Provide business solutions for complex deals or RFPs to drive sales and solutions.
- Establish and attend meetings with Swift, across various initiatives.
- Represent SCB at client events, industry conferences and working groups.

**Processes**
- Understand the end-to-end operating model across locations, while taking steps to improve points of friction in the client journey and potential failures from a risk management perspective.
- Look for opportunities to optimise the end-to-end product lifecycle, across processes.
- Understand the FI clearing product capabilities and gaps across locations, while taking steps to reach consistency.
- Ensure seamless management of products by partnering with technology, operations, risk and compliance teams to establish efficient processes and frameworks.
- Create new revenue streams with meaningful returns over the long term, through product enhancement and innovation, whilst uplifting current revenue streams through process efficiencies and digitization.
- Manage product investments from reduction of unit cost of product to optimization of launch/go-to-market cost for products.

**People & Talent**
- Initial direct management of 1-2 Group Product Managers (a sub-set of Group Payments) with possibility for growth.
- Drive a performance culture in the team and build a strong ta