Senior Product Manager International Payment ProductsCommonwealth Bank of Australia, Sydney, AustraliaAbout the business & your teamBusiness Banking (BB) is a centre of excellence for innovation development and capability within the Group. We support the full spectrum of customers' needs from the smallest businesses to the largest corporates. We have accountability for Cash Management, Payments, Business Lending and Merchant Solutions as well as managing the end-to-end business customer experience. The team is also responsible for the delivery of analytical capabilities to support our business customers.The Payments team is accountable for the day-to-day management of the Bank's portfolio of international payment products, leading the development and delivery of inward payment innovation across the business, including the design and execution of the inward payments and open data (including open banking and digital identity) strategies.See yourself in the team.The Senior Product Manager is responsible for the end-to-end development, distribution and management of products within the business unit. This role includes designing products, maintaining ownership of the end-to-end product systems and processes, monitoring product performance, setting or reviewing the product strategy, delivering continuous improvement and risk buy-down initiatives, and ensuring compliance with all regulatory obligations. The Senior Product Manager is also accountable for team management and development.More specifically, you will be responsible for:The day-to-day activities of our product portfolio (BAU) and the positioning of our products with our clients.The end-to-end review of the product value chain and the drive to develop innovative new products and features.Understanding of external future payment product developments roadmaps.Identifying and assessing the impact of regulatory change and risks that could prevent Banking Products from achieving its strategies. Planning and executing changes in line with these regulations as required.Liaising directly with Risk, Operational and Compliance risk in terms of ongoing management of our products.P&L management that includes product profitability through use of standard cost models and business case construct.Gathering and presenting international market intelligence that relates to changes in competitor offerings.Understanding Management Information System (MIS) and reporting requirements.We want to hear from you if you have:Sound knowledge of the Financial Services industry, with an understanding of the Financial Institution market.Sound planning and time management skills.Experience from working in the International clearing business is a plus.A demonstrated client service focus.Risk Mindset - All CBA employees are expected to proactively identify and understand, openly discuss and act on current and future risks.The ability to handle and prioritize multiple issues at the same time.Ability to collaborate with and influence internal stakeholders.Excellent internal and external communication skills both oral and written.QualificationsMinimum 5 years' experience in banking or related financial services.Relevant experience in Product Management, Financial Institutions business.Professional experience in an international environment is a plus.If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We're keen to support you with the next step in your career.Advertising End Date: 12/12/2024
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