HSBC

Wealth Product Manager

HSBC$120K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in wealth product management focusing on ultra-high-net-worth clients and family offices.
  • Proactive self-starter with excellent organization and detail orientation.
  • Strong communication abilities for effective interaction with internal clients and external providers.
  • Experience developing wealth products for offshore and international markets.
  • Proven relationship-building skills with a collaborative approach to stakeholders.
  • Ability to handle multiple high-priority projects simultaneously.
  • Experience in structuring and delivering wealth product solutions, including documentation and controls.

Responsibilities

  • Support development and governance of wealth offerings for U.S. and offshore investors.
  • Collaborate with Wealth Relationship Managers and Investment Counselors for product launches.
  • Drive strategic expansion of wealth product offerings in competitive markets.
  • Enhance end-to-end delivery processes for better client experience.
  • Manage existing wealth products and meet commercial goals effectively.
  • Create business cases for timely product launches across client segments.
  • Maintain product documentation and ensure regulatory compliance.

Benefits

  • Access to tailored professional development opportunities.
  • Comprehensive Wellness Hub for employee health and wellbeing.
  • Strong volunteerism policy with community engagement programs.
  • Generous matching gift program for charitable contributions.
  • Engagement in Employee Resource Groups for networking and development.
Full Job Description
As a Wealth Product Manager, you will support the development, delivery and ongoing governance of the wealth offering across the client continuum in the U.S. to both U.S. domestic investors and non-U.S. offshore investors. The role will be expected to demonstrate deep knowledge of the wealth product offering, both managed/advisory, capital markets and brokerage across client segments from mass affluent (Premier) through high net worth and ultra-high net worth private banking clients. He/she will need to build and leverage networks and relationships with key US partners such as Legal and Regulatory Compliance, the global Wealth product and due diligence teams as well as affiliated and third-party entities such as platform vendors, third party managers, etc. In addition, he/she will be expected to collaborate actively across lines of business including global markets, investment banking, asset management, etc. to develop and deliver a highly competitive product offering integrating structuring and trading capabilities for eligible high-end individual, entity and family office clients. Working closely with the various product specialists, the individual holding the role will seek to drive the strategic expansion of the wealth offering and deliver timely product launches and enhancements across the full wealth product range. The individual will be expected to understand the different product structures and documentation requirements for both U.S. domestic investors and non-U.S. offshore investors, work with stakeholders to build resilient and streamlined end to end processes, as well as to develop relevant internal training and product materials, affiliate and third-party agreements and financial reporting. Here's what you can expect: You will work with the various Product Specialists and other involved Wealth teams to support the Wealth Relationship Managers and Investment Counselors across the existing product offering and spearhead new product launches and drive wealth product related governance and initiatives. These include relevant vendor and model management, ongoing product reviews and demonstrating leadership in sustaining an effective control environment and successful audits/reviews. As such, success will be determined by the ability to manage assigned existing wealth products effectively as well as to meet strategic and commercial business goals by expanding the product platform to key onshore and international markets, both broker dealer/RIA and family office focused, maintaining and enhancing end to end product delivery processes that are competitively positioned, fit for purpose and a good client and front office experience, building clear business cases for timely launching new products and enhancements across the various client segments, maintaining updated product and policy documentation as well as compliance with applicable regulatory and policy requirements. You'll likely have the following qualifications to succeed in this role: 30; Proven experience in wealth product management, including capital markets solutions focused on UHNW and family office clients. 30; Self- starter and proactive 30; Highly organized with strong attention to detail with effective oral and presentation skills in dealing with internal clients and external providers as well as governance forums 30; Experience building and managing wealth products targeted at offshore markets and international individual and entity clients 30; Ability to develop trusted and fruitful relationships with internal and external partners with a premium on collaboration 30; Ability to manage product related projects and launches timely to meet business growth and strategic expansion goals 30; Ability to multi-task and execute at pace to deliver multiple high priority projects in parallel 30; Relevant experience in structuring and delivering wealth product solutions, including building relevant documentation, processes, controls, financial reporting, training, etc. 30; Experience interacting with internal stakeholders, e.g., Operations, Legal and Risk and with external stakeholders such as platform vendors, third party managers, etc. 30; None Required but FINRA Series 7 & 66 (or equivalent) strongly preferred As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future! The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

About HSBC

HSBC Holdings plc is a British multinational investment bank and financial services holding company. It is the second largest bank in Europe, with total assets of US$2.984 trillion (as of August 2021). HSBC traces its origin to a hong in British Hong Kong and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. The company was renamed The Hongkong and Shanghai Banking Corporation Limited in 1989.
Learn more about HSBC
Size
219,763 employees
Market Cap
$124.1 billion
Industry
Net Income
$5.2 billion
Founded
1880
5 Year Trend
-3.1%
NASDAQ

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