Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Product Manager, Deposits and Loans (AVP)
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
This role manages and develops deposit and lending products for Bank of Singapore clients, supporting product strategy, pricing, profitability, governance and market competitiveness. Candidates are generally expected to have a degree in finance, business or a related discipline, with several years of banking or financial-services product-management experience. Knowledge of deposits, secured lending, credit processes, risk controls and regulatory requirements is important. The successful candidate should be commercially minded, analytical and comfortable working with relationship managers, risk, compliance, operations and technology teams. Strong communication, stakeholder-management and project-delivery skills are expected, together with the ability to translate client needs and market trends into practical product improvements.
Can I work in Singapore?
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: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.
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: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.
Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.
What the job usually comes with in Singapore
Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.
| Housing | Not usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law) |
|---|---|
| Relocation | Work Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk |
| Flights | Work Permit staff: flight home paid by the employer (by law); others only if the offer says so |
| Contract | Work Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default |
| Leave | 7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital |
| Income tax | 0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass |
| Health cover | Employer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan |
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 Bank of Singapore Limited
Bank of Singapore Limited is the private-banking subsidiary of OCBC Group, one of Southeast Asia’s largest financial-services organisations. Headquartered in Singapore, the bank serves high-net-worth individuals, families, entrepreneurs and institutions across Asia and selected global markets. Its offerings include wealth planning, investment management, credit and lending, deposits, trust services and related advisory solutions. Bank of Singapore combines a relationship-led private-banking model with OCBC’s regional banking network, balance sheet and expertise. The organisation places strong emphasis on responsible banking, risk management, client service and long-term wealth preservation. Employees typically work in an international environment alongside specialists in investments, lending, legal, compliance, operations and technology.