Product Manager - Correspondent Banking

Nau mai ki ASB

At ASB, we're all about helping our customers get "One Step Ahead" by giving them the tools they need to manage their lives and plan for their families and future. Our products underpin our economy and touch people's lives every day. As Product Manager – Correspondent Banking, you’ll play a key role in shaping and delivering innovative solutions in the international payments space.

Te tūranga \| The role:

We are looking for a Product Manager – Correspondent Banking to join our team. In this influential role, you’ll be responsible for developing, maintaining, and driving value from a portfolio of correspondent banking products. You’ll work closely with stakeholders across the business to deliver commercial objectives, manage risk, and support outstanding customer outcomes.

You’ll leverage your expertise in international payments, product development, and risk management, to ensure our products remain competitive, compliant, and aligned with ASB’s wider organisational strategy. Your ability to analyse data, identify opportunities and risks, and deliver commercially sound recommendations will be key to your success.

This is a 1-year secondment/fixed term within Corporate Banking.

Ō pūkenga \| About you:

This Role Would Suit Someone With

Experience in complex international payments ecosystems, including Correspondent Banking relationships, technology, payment networks (such as Swift), and pricing.

A strong understanding of legal and regulatory environments in both local and international financial services.

An understanding of Vostro’s, Nostro’s and RMA’s and their role in supporting the global financial system.

Working knowledge of inherent risks in Correspondent Banking relationships.

Demonstrated experience in risk mitigation, including identification of control gaps and resolution

Practical knowledge of banking and financial markets, especially FX.

Proven ability to influence, problem-solve, and analyse or reengineer processes.

Strong relationship-building skills across all levels of an organisation.

Experience in product development, project management, and channel distribution.

Analytical experience with qualitative, quantitative, and financial data.

At least 5 years’ experience in product, risk and/or project management, or equivalent customer-facing experience.

What You’ll Be Responsible For

Serving as the product expert for your portfolio, driving best practice product management

Developing insights and analytic requirements to guide product decisions and inform strategy

Ensuring all products comply with regulatory obligations, internal policies, and risk frameworks

Monitoring market trends to ensure we stay ahead of the curve in the fast-moving payments landscape

Developing and monitoring appropriate metrics to measure product performance.

Te mahi ki ASB \| Working for ASB

In our diverse and accepting environment, our people grow their agile mindset, learn, evolve, and utilise their skills, while being empowered to make decisions.

We offer a competitive salary, great banking benefits, personal and career development opportunities, flexible working styles, and parental benefits.

For more information, see the attached position description. All applications must be received via our careers site online.

Me pēhea te tono \| How to apply?

Successful candidates will be required to undertake several pre-employment checks, including Police Check, Credit Check, AML Compliance, and Verification of qualifications, which may include checks both in New Zealand and overseas.