Overview
WHO WE ARE:
As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Why Join
The New Product Development (NPD) team sits within the Business Management function of the Global Markets Division and supports the development and rollout of new products across Trading, Sales, and Asset-Liability Management (ALM) desks. The team provides coverage across multiple asset classes and international locations.
How you succeed
We are seeking a professional to join the NPD team to lead and manage the New Product Approval Program (NPAP). This role plays a critical governance and coordination function, partnering closely with Global Markets Front Office desks, regional and overseas entities, and key functional stakeholders including Risk, Finance, Legal, Compliance, Operations, and IT to ensure timely, well-governed, and compliant approvals, extensions, and launches of products across Global Markets.
What you do
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Act as the primary point of contact for all product approval–related matters across Global Markets
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Manage end-to-end product approval, extension, and launch processes under the New Product Approval Program (NPAP)
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Partner with Front Office to validate and articulate product structures and booking models
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Coordinate and drive key product governance discussions and approval forums, ensuring all requirements, conditions, and documentation are met
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Lead initial product engagement presentations, clearly explaining product features, risks, accounting treatment, and booking flows to Functional Specialists
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Work closely with NPD system teams and functional stakeholders to proactively identify and resolve approval gaps, dependencies, and risks ahead of launch
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Maintain and track the product approval roadmap, providing clear visibility of ongoing and upcoming initiatives
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Coordinate periodic reviews of approved products in line with governance standards
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Collaborate with Singapore and overseas Front Office and product teams on forward-looking product roadmaps
Who you are
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Strong understanding of financial instruments and structured products, with sound knowledge of product booking models, processing flows, and basic accounting principles
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Proven experience working within product governance and new product approval frameworks in a Global Markets environment
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Excellent stakeholder management and communication skills, with the ability to engage and influence Front Office and control functions at senior levels
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Highly organized and execution-oriented, with the ability to manage multiple approval workstreams in parallel and deliver to tight timelines
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Background in Business Management, Product Control, Risk, Structuring, or New Product Approval, with hands-on exposure to product governance and product lifecycle management preferred
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Graduates with strong aptitude and relevant exposure to financial markets are welcome to apply
What we offer:
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
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About
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.
