Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

We are seeking an experienced Sr. Product Manager, Virtual Accounts to join our North America Global Payments Team. In this role, you will be responsible for developing and managing the virtual accounts product suite, focusing on delivering solutions that meet the complex needs of multinational corporations, institutional clients, and innovation banking, FinTechs, and commercial banking customers. You will work closely with sales, and treasury organizations to optimize bank account structures, streamline cash management processes, and create more efficient payment ecosystems.

As our Product Manager, Virtual Products you will:

Product Strategy Roadmap: Lead the development of the strategic roadmap for virtual accounts, ensuring alignment with broader payments and cash management objectives while addressing evolving client needsClient Engagement Solutions: Collaborate with sales to engage multinational corporations, institutional clients, and commercial banking customers to understand their specific use cases and requirements related to virtual account structures. Develop solutions that address liquidity management, cash concentration, and operational efficiency objectives of clientsTreasury Optimization: Work closely with corporate treasury teams to optimize bank account structures, leveraging virtual accounts to support in-house banking constructs, shared service centersInnovation Product Development: Partner with cross-functional teams including technology, operations, compliance, and sales to drive product innovation and enhance the virtual account offering, with a focus on automation, digitization, and efficiencyRegulatory Compliance Risk Management: Ensure all virtual account products comply with regulatory requirements, including Anti-Money Laundering (AML), Know Your Client (KYC), and other financial regulations, while addressing risk management and fraud prevention concernsClient Training Support: Provide internal and external stakeholders with comprehensive training and support on virtual account solutions, ensuring seamless integration into existing treasury operationsMarket Research Competitive Analysis: Conduct ongoing research to stay current on market trends, client feedback, and competitive offerings, ensuring that the virtual account products remain relevant and innovativePerformance Monitoring: Track product performance metrics and provide regular updates to senior management, identifying key success areas and opportunities for further improvement

For this role, HSBC targets a pay range between $122,000.00 and $183,000.00

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.