Job Title Here Experience Director
Title: Executive Director, Lead Product Owner Incremental Change
Singapore, SG
JOB SUMMARY
- We are seeking a highly skilled, experienced, and passionate Lead Product Owner to lead and oversee the ongoing development, and compliance of the platforms we use to deliver Client Lifecycle Management (CLM) within Corporate & Institutional Banking (CIB), Chief Operating Office (COO).
- Our Product Owners have a deep understanding of the subject domain, industry best practice and build close relationships with key executive and user level stakeholders including technology vendors to ensure product benefits and roadmaps are aligned with overall strategy and client / customer needs. The role:
- Leads the development of business capabilities, processes & systems across Client Lifecycle management. This includes Client Onboarding, Maintenance & Offboarding (including; AML - KYC, Tax & Reg Due diligence, ESG, Entity Management) for all CIB clients.
- Brings a view of industry best practices for driving improved productivity, client experience and risk management. Including use of digital channels/ outreach, 3rd party data sources, document management, AI opportunities.
The right candidate:
- is accountable for maximizing the business value of their products. They ensure the voice of clients and relevant stakeholders are represented, both end users and engaging executive members of the CIB function
- is an empowered decision maker, defining the vision, strategy & overseeing build, implementation, and adoption of best-in-class capability in an enterprise environment for users.
- is responsible for leading a Hive (global team) of c100-150 business change & technology professionals with an annual budget of ~$25m p.a.
- drives process excellence, simplification & automation across all relevant systems, enabling quality service to our clients and maintaining regulatory compliance across the end-to-end client lifecycle
- is able to develop and leverage strong relationships across the organisation, both horizontally and vertically, including ability to communicate and influence at C-Suite level.
- is excited in tackling complex challenges & leading transformational change.
Responsibilities
The Lead Product Owner is a critical leadership role and considered a core member of Hive Leadership, managing a team of Product Owners, whilst retaining the overall product suite accountability.
Strategy
- Develop, maintain & execute the product(s) regulatory and risk product roadmap, in conjunction with Business Sponsors, POs, Teams and stakeholders.
- Ensuring alignment with strategic outcomes and scorecard priorities.
- Collaborate with stakeholders to craft vision and concept development of a product
- Work with stakeholders to analyse needs and align product roadmap to strategic goals
- Assess value and prioritise stories and epics to ensure work aligns with product strategy
- Supporting the Hive Chief Product Owner in developing the overarching product strategy, in particular defining opportunities to simplify the current CLM landscape.
Business
- maximizing the business value of the product domain or service by ensuring we “deliver the right thing at the right time”
- keeping the cost of change low by balancing technical debt, risk and regulatory items
- optimizing value delivery through continuous improvement, feedback from relevant stakeholders /SMEs/ customers and continuous prioritization of a unified backlog
- Collaborate daily as a core member of the Hive Leadership and be 100% dedicated to the role
- Ensure the voices of clients and relevant stakeholders are represented continuously throughout the entire lifecycle of the product (ideation - development - deployment - operations).
- Continuous Hive Roadmap management
- expressing Backlog items clearly and in a user story format
- clear narratives and acceptance criteria on all backlog items
- regular prioritization and refinement of the backlog items
- using relevant data points to determine the appropriate backlog items
- using the relevant lifecycle tools to plan, track and manage the backlog items (i.e., JIRA and confluence)
- Work closely with stakeholders to create and maintain a product backlog according to business value/ROI
- Ensuring that the Product Backlog is transparent, visible and understood
- Be present at all required ceremonies/events to provide early and continuous feedback and prioritisation
- Regularly showcase product / service increments to stakeholders
- Work with Scrum Master and Team members to build an empowered, high performing team in a psychologically safe environment
- Ensure all artefacts and assurance deliverables are as per the required standards and policies (e.g., SCB Governance Standards, System Delivery Framework, Corporate Group Plan etc…)
- Ensure regular engagement and management of Process Change, Operational and Delivery Risk for their backlog (and all other relevant Risk requirement).
- Actively mitigate functional blockers impacting successful team completion of release/sprint goals
- Responsible for collaborating on business and technology roadmap with the Hive Tech Leads to drive optimum outcomes.
Processes
- Ensure alignment to process management taxonomy and the bank standards
- Optimise end to end customer journey through applying process mapping & finding opportunities
- drives process excellence, simplification & automation across all systems, enabling quality service to our clients and maintaining regulatory compliance across the end-to-end client lifecycle
- Ensure alignment to process management taxonomy and the bank standards
People & Talent
- Champion and act as a role model of the Group’s values and culture. Lead through example and build the appropriate culture and values. Sets appropriate tone and expectations for their team and work in collaboration with risk and control partners.
- Lead and support a change in mindset, building a culture of client centricity, agility, and accountability through standardised metrics and measurement, ensuring everyone in the Bank are drivers and owners of client outcomes.
- Set effective metrics and standards, transparently communicating them to team members, providing feedback and rewarding employees accordingly. Set the appropriate tone and expectations for the wider team.
- Employ, engage, and retain high quality people, with succession planning for critical roles.
- Ensure team structure/capacity is reviewed to enable delivery of client outcomes.
- Ensure the provision of on-going training & development, ensure that direct reports are suitably skilled and qualified for their roles and that they have effective supervision in place to mitigate any risk.
- Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
- Create a motivational and challenging environment for staff which is conducive to creativity and performance with customer centricity in mind.
- Provide feedback on transformation leaders to their people leaders, as part of performance reviews
Risk Management
- Create transparency around backlog item progress, blockers, impediments, dependencies, and product value delivery via fit for purpose business and delivery metrics.
- Engage process and risk control owners in upfront in design of process changes. Have oversight of, direct tracking and monitoring of projects.
- Ensure appropriate Business Impact Assessments are defined, with identified risks communicated, agreed, and mitigated
- Driving a transparent risk culture, ensuring active management & resolution of Risks, escalating as required
Governance
- Adopt and embed the Banks Ways of Working Standards throughout the lifecycle of the product / service
- Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
Regulatory & Business Conduct
- Display exemplary conduct and live by the Group’s Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Our Ideal Candidate
- A talented individual who can be an effective leader with functional and operational expertise. You must be a strong communicator who builds trust-based relationships within the team and amongst stakeholders.
- 10+ years hands on experience and proven knowledge in Corporate & Institutional Banking – ideally within Client Lifecycle Management domain
- 5+ years hands on experience of Transformation – ideally as a Product Owner and strong skills of maintaining and prioritizing a backlog using relevant digital tooling (Example: JIRA, Confluence, Trello, MURAL etc…)
- 10+ years of leadership experience managing P&L for products or services delivery
- Deep understanding of industry trends and client needs across Client Lifecycle Management
- Proven ability to create a value proposition, product vision and roadmap
- Proven ability to define requirements in the form of user stories and acceptance criteria
- Proven ability to use various prioritisation and decision-making techniques
- Proven ability to refine and breakdown the backlog of work for teams to consume and deliver outcomes
- Demonstrated track record of working with globally distributed cross-functional teams to deliver outcomes
- Product Owner certification (or equivalent) is a plus
- Strong prioritization and analytical skills to manage trends, backlogs and data insights
- Exceptional communication skills to (internal and external stakeholders):
- Articulate the product vision, requirements and progress with stakeholders and team members.
- Negotiate priority items in the backlog with key stakeholders.
- Ensure transparency and path to resolution for identified risks or issues.
- Proven knowledge of design thinking frameworks, user stories and customer journeys
- Proven knowledge of agile ways of working including values, principles and practices.
Certifications
- Product Owner certification from Scrum Alliance, Scrum.org or other associations are must
- Practitioner certification of Scaled Agile framework like LeSS, SAFe, Scrum@Scale, Spotify, Nexus and Human Centred Design or Design Thinking are plus.
Role Specific Technical Competencies
- Product / Service subject matter expertise
- Product delivery lifecycle experience using Agile Ways of Working (Scrum, Kanban, Lean, etc…)
- Understanding Customer Needs (research, insights & communication)
- Data driven decision making & product analytics
- Business plan – design and execution (tactical and strategic)
- Marketing Strategy and Positioning
- Stakeholder management and communication
- Regulatory Environment – Financial Services
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment Assessments
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Visit our careers website www.sc.com/careers