Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Director, Product Owner Wealth Lending
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Director, Product Owner Wealth Lending will lead the development, management and growth of lending solutions for affluent and high-net-worth clients. Responsibilities typically include defining product strategy, managing the product lifecycle, improving client journeys, partnering with risk, credit, legal, operations and technology teams, and ensuring compliance with regulatory and internal standards. Candidates are expected to bring strong experience in wealth lending, secured lending or private banking, with sound knowledge of credit risk, governance and customer needs. The role requires strategic thinking, commercial awareness, stakeholder-management skills and the ability to translate business priorities into effective digital and operational solutions. Strong communication, leadership and delivery experience are also important.
Can I work in Malaysia?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass with a Bank Negara letter; RM 5,000+ basic (about USD 1,150) after a 14-day MYFutureJobs advert (exempt at RM 15,000+); 10 years from RM 10,000.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: Only basic pay counts towards the RM 5,000 floor, not allowances; from 1 January 2027 EP II and III applications need a succession plan to train a Malaysian.
Official source: Expatriate Services Division: ESD Online Guidebook 2025. Checked November 2026.
What the job usually comes with in Malaysia
Usual for Banking jobs in Malaysia, varies by employer. Checked November 2026.
| Housing | Not provided; senior expats may get a housing allowance |
|---|---|
| Relocation | Employer usually pays the pass fees (about RM 330 to 480) and any levy; relocation money for senior hires only |
| Flights | Not standard; senior packages may add a joining flight and home leave |
| Contract | Fixed term tied to the pass, up to 5 years each; EP I and II capped at 10 years, EP III at 5 (June 2026) |
| Leave | Peninsular Malaysia: 8 days a year, 12 after 2 years, 16 after 5; 11 public holidays; 45-hour week (by law) |
| Income tax | Flat 30% until 182 days in a year, then 0% to 30%; EPF pension 2% + 2% is mandatory since October 2025 |
| Health cover | Work-injury and invalidity cover via SOCSO (by law); no public health cover; employers add private insurance |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong presence across Asia, Africa and the Middle East. The bank provides retail, private, commercial and corporate banking, wealth management, transaction banking and financial-market services. In Malaysia, Standard Chartered has operated for many decades and serves individuals, businesses, institutions and affluent clients through branches, digital channels and specialist teams. Its strategy emphasizes cross-border connectivity, sustainable finance, digital transformation and deep relationships with clients in high-growth markets. The organization generally offers a multinational working environment, with opportunities to collaborate across countries and business lines. Employees are typically expected to demonstrate integrity, customer focus, teamwork, innovation and disciplined risk management. Benefits and compensation vary according to grade, experience, performance and local employment terms.