Senior Product Manager, Deposits

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or an exciting new direction, we offer opportunities, support and rewards that will take you further.

We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions.

We’re currently seeking an experienced professional to join our team in the role of Senior Product Manager, Deposits.

You’ll manage the products which are used on deposit platforms which cover a range of initiatives that enhance the client experience whilst considering the commercial aspects of the P&L. A key part of that will be to identify and develop innovative solutions that address client needs. You’ll foster partnerships with client-facing, product development and technology teams as well as engaging with risk partners in projects and initiatives to address broader client needs.

As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you’ll:

• Lead the development, execution, and achievement of product performance objectives
• Lead development of product and project plans to support the execution of the approved deposit product strategies in the UK across Europe
• Have a key focus on developing products to support growth in deposit platform/s and Deposit Aggregators
• Manage and develop deposit products to ensure that they meet customer and market needs, as well as contribute towards the overall Global Payments Solutions objectives
• Drive growth and monitor on-going performance of the deposit portfolio in line with balance sheet and P&L targets across UK – and wider Europe
• Drive the delivery of the liquidity strategy for Global Payments Solutions and getting the buy-in of the Customer Groups
• Identify local product gaps and developing plans to address the gaps
• Optimize and grow the deposit and liquidity product portfolio in line with balance sheet needs

To be successful in this role you should meet the following requirements:

• Previous experience with a strong track-record and execution excellence in Retail or Corporate Banking Product Management
• Sound knowledge of the management deposit and liquidity product propositions, including current, deposit and term accounts
• Commercially minded and focused on customer outcomes
• Good understanding of deposit and credit interest pricing in the corporate or retail market, including how the market is likely to develop in the coming years (systems, AI, Machine Learning etc)
• Ability to work effectively with multiple business and technology partners to drive innovation and deliver complex product propositions
• Strong organisational skills to manage multiple initiatives in a fast-paced, global, matrix environment with minimum direction

Opening up a world of opportunity.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, socio-economic background or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk via hsbc.recruitment@hsbc.com.