FX Product Manager Job Description
FX product manager
provides FX market update, trade flow, appropriate trading solutions and other advisory services to internal (Relationship Mangers/Advisors) and external clients.
FX Product Manager Duties & Responsibilities
To write an effective FX product manager job description, begin by listing detailed duties, responsibilities and expectations. We have included FX product manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Collaborate with multiple departments to resolve trade discrepancies in a timely manner
Develop subject matter expertise on TSFX products good working knowledge of other products and services used by TS clients
To provide input and challenge the strategy, undertake product gap analyses and deliver product improvements and enhancements to support the Sales targets for increased market share client retention
Developing a deep understanding of all the drivers for revenue and cost in order to help maintain a competitive product
Developing client facing marketing materials and working closely with the Foreign Exchange Client Management (FXCM) team to educate both internal and external clients
Working with Product Development team to see through system/product changes
Partnering with key stakeholders including Risk, Compliance, Legal in order to review regulatory/client/internal changes
Participating in ad-hoc high impact initiatives and projects as needed for senior management or regulatory initiatives
Oversight of the FX PB business in APAC working within the Singapore based LD&C product team
Manage the business in conjunction with key partners - Sales, LD&C risk, GTO, Legal and Credit
FX Product Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for FX Product Manager
Typically a job would require a certain level of education.
Employers hiring for the FX product manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in MBA, Finance, Graduate, Education, Economics, Management, Business, Engineering, Accounting, Marketing
Skills for FX Product Manager
Desired skills for FX product manager include:
Domestic clearing systems of International geographies
Products and services used by TS clients
Trade
Trust and Custody
Asian markets and specific understanding of the complex regulatory environment
Local laws and regulations to business practices to ensure compliance
TS business and FX Payments
Building a product that will be widely adopted
Business process
End-to-end trading and execution flow
Desired experience for FX product manager includes:
Adopt governance framework to ensure stakeholders, sponsors and impacted parties receive relevant and timely communication within required standards
Design and maintain Client facing internal Product documentation and marketing materials
Support the growth strategy of the FX product (primarily for Investor Services clients located in the Americas region)
Understanding of a client's workflow and the foreign exchange process
PCM serves as a core provider of Cash Management services to the Group’s Global Banking and Commercial Banking customers
The role requires the incumbent to have visionary thinking to identify and exploit emerging and future market trends to the commercial benefit of the business and the customer groups it serves
FX Product Manager Examples
1
FX Product Manager Job Description
Job Description Example
Our company is looking for a FX product manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for FX product manager
- Lead and facilitate key business initiatives inclusion platform development and rollout
- Ensure that the overall control environment is functioning to a high standard
- Control the FX PB product balance sheet consumption and costs
- Interact with the FX franchise to maximise the client wallet across the entire FX value chain
- Develop new processes and procedures to help streamline Global Markets deal flow and improve customer / Bank deal experience
- Set up of new foreign exchange clients working closely with Sales & Trading, Credit, Compliance, Back Office teams throughout the process
- Resolve deal related inquiries from Trading, back office, and clients
- Produce daily profit and loss reports for Senior Management and Global Markets Sales & Trading teams
- Participate in various projects that require FX Middle Office expertise
- Work closely with Risk and Credit teams to develop new processes and procedures to improve current risk and credit monitoring across Global Markets platform from a Middle Office perspective
Qualifications for FX product manager
- Delivering tactical and/or strategic Custody Foreign Exchange solutions through the full project life cycle
- Drive impact assessment and business model transformation related to broader Cross Line of Business projects, such as Euro Zone Bank
- Ability to maintain close working relationship with sales, FX Client Management, client service and product delivery managers to ensure customer satisfaction and product profitability
- In-depth knowledge of foreign exchange processing
- Two - three years of payments processing experience
- In-depth knowledge of Foreign Exchange with experience in FX PB business highly desirable
2
FX Product Manager Job Description
Job Description Example
Our company is searching for experienced candidates for the position of FX product manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for FX product manager
- Fill in gaps / identify contingencies for any operational, marketing, trading issues that may arise
- Working through change management processes to see through system/product changes
- In-life Management of Fleet Xpress, Xpresslink and variants of maritime VSAT services
- Act as product specialist and propagate knowledge where required
- Identify continuous improvement opportunities across all suppliers
- Responsibility for customer experience throughout lifecycle
- Drive sales to increase revenue and margin
- Execute product strategies and new commercial and technical concepts
- Contribute and steer product migration and end of life activities
- Identify and define opportunities for new service developments
Qualifications for FX product manager
- Knowledge or experience of the front office supervisory and control environment and conduct agenda
- Data analysis for current and future clients to help identify opportunities
- Assist with existing product support and implementation
- Assist with new product/solution development and implementation
- MIS analysis against client data related to pricing and opportunities
- Investigate and resolve client inquiries and issues
3
FX Product Manager Job Description
Job Description Example
Our growing company is hiring for a FX product manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for FX product manager
- Working with Operations, Client Service, Technology and Sales colleagues, support BAU delivery of the TSFX solution, manage exception events and significant client transactions, help to resolve incidents
- Create reporting for the senior stakeholders, including management teams
- Work closely with the other product managers and sales teams in this and other regions, to provide integrated solutions to clients
- Partner with other product managers and internal stakeholders as required to complete industry and regulatory reporting/ questionnaires
- Interacting with clients, relationship managers and other stakeholders as the product subject matter expert
- Maintain the product roadmap, producing business cases and other artifacts and driving support for new product initiatives
- Oversee product development of new features or enhancements, including defining solutions and requirements and working with the project and program managers (where applicable)
- Manage a product P&L including planning, forecasting, variance analysis, pricing strategy and creating action plans to achieve product objectives
- Proactively manage product risks and drive programs to reduce risks in partnership with the Product Control team
- Deliver and maintain accurate, up to date marketing collateral for the product
Qualifications for FX product manager
- Assist in solutioning client issues, and implement operational and service procedures where required
- Help develop/industrialize operations and service processes as product evolves
- Assess client impact for changes in products/services and manage communication
- Manage continuous education of client support, operations, and service organizations
- Responsible for various risk and control deliverables in line with regular RSCA or other control activities
- Knowledge of Foreign Exchange and other asset classes and products
4
FX Product Manager Job Description
Job Description Example
Our company is growing rapidly and is hiring for a FX product manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for FX product manager
- Develop relationships with internal service providers (or external partners) who deliver services to clients
- Keep on top of changes in merchant/client needs, industry and competitive trends and the regulatory landscape and impacts on the product
- Identify issues quickly, escalate and bring to closure, with a critical focus on client experience
- Completion of other tasks (not listed above) that may be required from time to time
- Design and execute proof of concept tests to learn what works for acquisition and retention
- Based on your learning, define requirements for automated marketing with a feedback loop to learn what works
- Conduct research to understand why customers stop using ACC and develop strategies to increase retention
- Drive web site improvements to completion by coordinating with project managers, web developers, product managers, designers, and other marketers
- Full end to end ownership of FX payments products within Treasury Services
- Prioritize business requirements and shape the delivery roadmap for new product features and capabilities with technology
Qualifications for FX product manager
- Proven track record of managing and growing relationships with clients
- Ability to manage and prioritize multiple tasks simultaneously and in an unstructured environment
- Individual must be highly motivated with strong organizational and communication skills
- Minimum BS/BA degree with at least 1-3 years of experience in Global Markets businesses
- Experience in digital, whole sale payments, wires, FX Payments and International remittance is needed
- In-depth understanding of FX products and the end to end processes supporting FX sales and trading, international payments across all channels
5
FX Product Manager Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of FX product manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for FX product manager
- Anticipate internal and external factors impacting the FX payments business regionally and implementing plans to mitigate risks and capitalize on opportunities
- Have a firm grasp on competition and industry initiatives by developing local market knowledge and participating in industry events and seminars
- Drive New Business Initiatives (NBIA) from concept through delivery, including requisite approval processes at regional and country level and post-implementation review (PIR)
- Ensure strong controls are in place end-to-end, including all activities related to client on-boarding, operational processes, legal, compliance, accounting and tax
- Ensure strong end-to-end product management control framework is maintained and updated in line with changes in legal and regulatory environment
- Maintain Know Your Product (KYP) document
- Ongoing management and support of existing FX Services owned product sets
- Partner with broad range of stakeholders across the end to end FX flow to define new product capabilities and operating models
- Work with in house technology team in Agile methodology to deliver those new products
- Assessment of market trends and competitor product ranges, both in OTC and listed FX derivatives, to develop innovative products and business solutions in the FX derivatives space
Qualifications for FX product manager
- Sound and thorough knowledge of FX proposition and services industry in Canada, the products offered and pertinent regulations affecting their delivery
- 10+ proven and progressively responsible experience in the financial services industry with emphasis on business development, product management, finance and profitability The post is a blend of both business and IT/operations and requires a person equally comfortable working alongside business (product, marketing, sales) and IT and operations functions to deliver innovative products to market in support of the Bank’s principal customer propositions
- Extensive commercial and technical experience in VSAT Satellite Communications, ideally within the Maritime industry
- Proven experience and record of delivering targets within a senior product management role
- Must have passion and motivation to continuously improve the product, processes and systems
- Demonstrable effective project leadership and successful delivery and rollout of products and services meeting/exceeding technical and financial performance objectives