Product Manager - Gift City Solutions
Standard Chartered India · Mumbai Metropolitan Region
- On site
- Full-time
- ₹1,500,000 / year
- Mumbai Metropolitan Region
Job highlights
- Lead international solutions strategy from GIFT City.
- Own P&L for wealth and deposit products.
- Develop diverse financial product solutions.
- Collaborate with global product teams.
- Ensure regulatory compliance and risk mitigation.
About the role
Job Summary
The Product Manager will lead the strategic development, solutioning, and positioning of international solutions from GIFT City for both affluent clients onshore and offshore. This role involves driving the product strategy for inbound and outbound solutions across Funds, AIFs, Insurance, Fixed Income, Deposits, and Structured Products, with full P&L ownership.
Strategy
Develop and execute the strategic direction for international solutions originating from GIFT City. Position these solutions effectively for affluent clients, both domestically and internationally. Own the P&L for these product lines.
Business
- Drive product strategy across Funds, PMS, AIFs, Insurance, Fixed Income, Deposits, and Structured Products.
- Conduct in-depth market and economic trend analysis to structure wealth and deposit solutions for offshore affluent clients (inbound) and resident clients (outbound).
- Collaborate with country and group product teams (MI, CMPS, Equity, Bancassurance) for comprehensive client solutions.
- Manage partner agreements and engagements from GIFT City, optimizing cost structures.
Processes
Ensure the appropriateness and compliance of all solutions with internal policies and regulatory requirements. Implement systems and operational processes to effectively measure and manage KPIs and profitability.
People & Talent
Collaborate with frontline staff (specialists, RMs) and support functions to deliver effective client solutions and expand the international solutions proposition.
Risk Management
Timely identification, assessment, and mitigation of risks associated with the international solution business. Ensure adherence to Group Risk policies.
Key Responsibilities
- Governance: Maintain awareness of the regulatory framework, requirements, and expectations. Uphold the highest standards of ethics and compliance with policies and regulations. Act on all audit findings and feedback.
- Regulatory & Business Conduct: Exhibit exemplary conduct aligned with Group Values and Code of Conduct. Embed the highest standards of ethics, regulatory, and business conduct. Understand and ensure compliance with all applicable laws, regulations, guidelines, and the Group Code of Conduct. Effectively identify, escalate, mitigate, and resolve risk, conduct, and compliance matters.
Key Stakeholders
- Head, Wealth Solutions and Affluent Segments, SCB
- Head, Managed Investments
- Head, Investment Products and Strategy, SCB
- Managed Investment Product Teams (India and Group)
- CMPS Product Team (India and Group)
- Bancassurance (India and Group)
Other Responsibilities
- Embed Group’s brand and values in Private Bank, India.
- Perform other responsibilities as assigned by Group, Country, Business or Functional policies and procedures.
- Undertake multiple functions as required (double hats).
Skills and Experience
- Detailed understanding of GIFT City products and solution structuring.
- Capability to build relationships within the market ecosystem.
- Experience in product management.
- Strategic orientation and aptitude.
- Project/Platform implementation experience for GIFT City.
Qualifications
- Post-Graduate education required.
About Standard Chartered
Standard Chartered is an international bank committed to driving commerce and prosperity through unique diversity. For over 170 years, we have aimed to make a positive difference for clients, communities, and employees. We encourage questioning the status quo, embrace challenges, and seek opportunities for growth. If you seek a career with purpose and want to contribute to a bank making a difference, we invite you to explore opportunities with us. We celebrate unique talents and look forward to seeing yours.
Our purpose is achieved by living our valued behaviours: doing the right thing, challenging each other, and acting with integrity while prioritizing clients. We continuously strive for improvement and innovation, keeping things simple and learning from our experiences. We foster an inclusive environment where individuals can be themselves, see good in others, and work collectively for long-term success.
What We Offer
- Competitive salary and benefits package supporting mental, physical, financial, and social wellbeing, in line with our Fair Pay Charter.
- Core bank funding for retirement savings, medical, and life insurance, with flexible and voluntary benefits available.
- Generous time-off policies including annual leave, parental/maternity leave (20 weeks), sabbatical (up to 12 months), and volunteering leave (3 days), alongside a minimum of 30 days total for annual and public holidays.
- Flexible working options, balancing home and office locations with adaptable working patterns.
- Proactive wellbeing support via Unmind, resilience development courses, global Employee Assistance Programme, sick leave, mental health first-aiders, and self-help toolkits.
- A continuous learning culture for professional growth, with opportunities to reskill, upskill, and access various learning resources.
- Inclusion in a values-driven organization that celebrates diversity, ensuring everyone feels respected and can achieve their full potential.
Key skills/competency
- Product Management
- GIFT City Solutions
- Wealth Management
- Financial Products
- Investment Products
- Risk Management
- Regulatory Compliance
- Strategic Planning
- Business Development
- Client Relationship Management
Skills & topics
- Product Manager
- Gift City
- International Solutions
- Wealth Management
- Financial Products
- P&L Management
- Strategy
- Regulatory Compliance
- Standard Chartered
- India
How to get hired
- Tailor your resume: Highlight product management, GIFT City, and financial solutions experience.
- Showcase strategic skills: Emphasize your ability to develop and implement product strategies.
- Quantify achievements: Use data to demonstrate P&L ownership and market analysis capabilities.
- Understand Standard Chartered: Research their values, purpose, and commitment to diversity and inclusion.
- Prepare for interviews: Be ready to discuss regulatory frameworks and risk management.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the primary responsibilities of a Product Manager at Standard Chartered India for GIFT City Solutions?
- The Product Manager will lead the strategic development, solutioning, and positioning of international solutions from GIFT City. This includes driving product strategy across various financial instruments, owning the P&L, ensuring regulatory compliance, and collaborating with internal and external stakeholders.
- What specific financial products does this Product Manager role involve?
- This role focuses on a range of products including Funds, Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), Insurance, Fixed Income, Deposits, and Structured Products.
- What kind of client segment is this role aimed at?
- The role targets both affluent clients onshore (resident clients in India) and offshore (international clients).
- What qualifications are required for the Product Manager position at Standard Chartered?
- A Post-Graduate degree is required for this position. Additionally, practical experience in product management, strategic orientation, and project implementation related to GIFT City is essential.
- How does Standard Chartered support employee growth and wellbeing?
- Standard Chartered offers a continuous learning culture with reskilling and upskilling opportunities. They also provide comprehensive wellbeing support, including a digital platform, EAP, and mental health resources, along with competitive benefits and flexible working options.
- What does it mean to 'own the P&L' in this Product Manager role?
- Owning the P&L means the Product Manager is responsible for the profitability of the product lines. This involves managing revenues and costs, making strategic decisions to maximize financial performance, and reporting on financial outcomes.
- What is the significance of GIFT City in this role?
- GIFT City (Gujarat International Finance Tec-city) is a special economic zone and international financial services centre in India. This role leverages GIFT City's unique regulatory and business environment to develop and offer international financial solutions.