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Vice President, Payments Product Development, Group Transaction Banking

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Job Description - Vice President, Payments Product Development, Group Transaction Banking

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Product Development (Transaction Banking) - Cash Management / Liquidity / Payments is responsible for developing new products and/or solutions, ensuring the competitiveness of existing products. Strengthens the sales effort by working with Sales and Marketing to define competitive market requirements and identify opportunities. May model profit and loss, or risk control. The Product Development area is responsible for building and engineering products to meet customer needs. Develops product solutions that create a synergy of cost-efficiency, functionality, and creativity, and meet the needs and wants of defined markets. Ultimately responsible for product life-cycle management. Transaction Banking covers activities related to treasury and cash management, and trade financing for governments and corporates. Services include financing activities that facilitate cross-border trade, cash transfer, and the maintenance and processing of payables and receivables. The Cash Management / Liquidity / Payments focus specializes in providing client cash flow management services and solutions, including checking and savings accounts, working capital management, and funds transfer. Manages payables, receivables, liquidity, and investment, as well as client lockbox, tax payments and reporting, and clearing.

Corporate & Commercial Banking covers activities related to providing banking loan products and advice to institutions ranging from small to mid-sized businesses, to the largest corporations. Includes major market middle market corporate banking, business banking, and corporate and transaction banking.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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