Overview
Consumer Secured Lending
Description
Roles and Responsibilities
- Responsible for leading and managing the team that drives the P&L for the Unsecured Loans business including Personal Loans and Lines (ExtraCash Loan and EasiCredit) as well as regulatory and credit exempt products such as Debt Consolidation Plan, Education Loan and Tuition Fee Loan.
- Manage Credit Limits for Customers at GLF level including automations and in compliance with regulations.
- Work with Credit to optimise credit/ lending opportunities and ensure accurate regulatory reporting, while working with stakeholders including but not limited to CFS Finance, Credit (Collections) etc.
Qualifications
Requirements for the role:
– min. 10 years of working experience as a product manager in the unsecured credit business.
– Management experience in leadng a team of unsecured credit lending and portfolio product managers
– Experience with managing end-to-end unsecured credit products including interest-based and/or fee-based balance transfer/ instalment loans as well as exempted loans
– Have managed business P&L and familiarity with MAS regulations especially governing unsecured credit and payments
Primary Location
: Singapore
Job
: Product Manager
Organization
: Consumer Secured Lending
Schedule
: Permanent
Job Posting
: 18-Oct-2024, 9:47:06 PM
About OCBC Bank
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
