# Senior Product Development Manager Discretionary and Alternatives - Hang Seng Bank (HK)

**Company**: HK Business
**Location**: Central, Hong Kong Island
**Experience**: senior
**Job type**: full-time
**Category**: Product Management
**Industry**: Finance

**Apply**: https://portal.careers.hsbc.com/careers/job/563774612172290?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_d38b2726-d20

## Description

We are currently seeking a high-caliber professional to join our team as Senior Product Development Manager, Discretionary and Alternatives, reporting to Head of Funds Discretionary and Alternatives.

Principal Responsibilities:

- Manage the discretionary and alternative offerings to support manned channels delivery of revenue targets, with robust due diligence, product governance and strong customer outcomes

- Define product strategy and system enhancement roadmap; prioritizing fund business model for PB and aligning to HNW customer appetite

- Set sustainable business model and proposition for discretionary portfolio service and alternatives strategies

- Initiate and lead end-to-end onboarding of discretionary solutions/alternative funds end-to-end across distribution channels including requirements, approvals, implementation and launch readiness

- Own the proposition; ensuring appropriate due diligence, governance and timely escalation of issue and risks

- Oversee due diligence, governance and ongoing monitoring; lead commercialization and channel readiness

Requirements:

- Proven experience managing discretionary portfolio services and alternative investment offerings (e.g., private markets, hedge funds, structured/illiquid strategies) in a Private Banking/ High Net Worth context

- Track record of delivering revenue and growth targets through manned or advisory channels while keeping customer outcomes front and center

- Strong Product Governance, Due Diligence & Risk Control

- Demonstrable capability to run robust end-to-end product due diligence and maintain ongoing monitoring obligation

- Comfortable managing issues, and escalating risks promptly with clear remediation actions

- Strategy, Proposition Design & Business Model Ownership

- Experience defining product strategy and translating it into a sustainable proposition and operating model (commercial model, pricing/fees, target segments, service model, suitability framework)

- Ability to align discretionary and alternatives propositions to client appetite, suitability and portfolio role

- End-to-End Delivery/ Onboarding & Launch Execution

- Strong project management: dependencies, timelines, stakeholders, readiness checklists, and go/no-go controls

- University degree in Business Administration, Finance, or other relevant qualifications such as CFA, CFP or CFMP

## Skills

### Required
- Business Administration
- Finance
- Product Governance
- Due Diligence
- Risk Control
- Project Management

### Nice to have
- CFA
- CFP
- CFMP

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Source: [Apply at portal.careers.hsbc.com](https://portal.careers.hsbc.com/careers/job/563774612172290?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)