Product Management & Governance Assistant - Temporary 6 months
UBP is one of Switzerland’s leading private banks, and is amongst the best-capitalised, with a Tier 1 ratio of 27.7% as at 31 December 2020. The Bank is specialised in the field of wealth management for both private and institutional clients. It is based in Geneva and employs over 1,800 people in over twenty locations worldwide; it held CHF 147.4 billion in assets under management as at 31 December 2020. UBP is a family-owned company, driven by its clear, entrepreneurial vision, its culture of innovation and its independent nature.
UBP is pleased to announce participation in the Banking Talent Programme, jointly launched by the Hong Kong Monetary Authority (HKMA) and the banking industry. The programme aims to support fresh graduates looking to develop their career in the banking sector.
Students, graduating with a bachelor’s degree in 2021 from universities in or outside Hong Kong and who are Hong Kong residents lawfully employable in Hong Kong, are welcome to apply.
Open application starts on 1 May 2021
The 6-month program offers insights into the private banking sector and includes training, networking opportunities and exposure to UBP wealth management professionals across businesses.
Support the Product Management & Governance team in Hong Kong in the setting up and maintenance of all products in the Asia investment universe (the Product Master Catalogue).
Help with the preparation of the New Product & Services Committee and the Post-Product Launch Reviews, ensuring completion as per policy requirements and standards.
Implementation and oversight of product risk categories in Asia.
Work with product and control functions throughout the entire product approval process to facilitate product approvals for Asia.
Organize periodic reviews of products for Asia.
Implement a robust set of checks on product features and associated risks.
Work with product teams to setup new products on the Asia Product Master Catalogue as per policy .
Co-ordinate with product teams to ensure the timely updating of the Product Master Catalogue by reflecting all changes to the recommended and approved product lists.
Removal of products from the catalogue .
Update the Front Office teams on any changes to the Product Master Catalogue.
Review of product risk categories to provide updates to Senior Management.
Support key strategic and operational projects across the Investment Services team .
Help with regulatory queries/inspections (e.g. from the HKMA, MAS) about the bank’s product ratings and recommended lists .
Development of strong product knowledge across a full suite of products, including equities, fixed income, funds, structured products and derivatives.
Development of an understanding of private bank investment product processes, including suitability and product due diligence.
Development of an overview of key private banking regulations.
Years of experience:
0-3 : beginner
Experience in private banking:
(Cantonese and or Mandarin)
Strong attention to detail.
Excel, Word and PowerPoint skills a necessity.
Fluency in a language other than English, such as Cantonese and/or Mandarin, a bonus.