Job Product Manager-Remittance & Compliance in Toronto

Product Manager-Remittance & Compliance

Job description

ICICI Bank Canada is a wholly-owned subsidiary of ICICI Bank Limited which has its headquarters in Mumbai, India. ICICI Bank Limited is a leading private sector bank in India. The Bank’s consolidated total assets stood at US$182.8 billion as at December 31, 2019.

Established in December 2003, ICICI Bank Canada is a full-service direct bank with an asset base of about C$6.5 billion as at December 31, 2019, and it is a member of the Canada Deposit Insurance Corporation. The Bank offers a wide range of financial solutions to cater to personal, commercial, corporate, investment, treasury and trade requirements.

We provide a stimulating and rewarding environment with significant opportunity for personal growth, competitive salary and benefits package.

Job Description:

1.At least 2 years experience and knowledge of retail banking products and compliance

2.Product enhancement and development of remittance business to ensure competitiveness and stable revenue streams

3.Understanding and knowledge of NRI segment and remittance business. Knowledge of Indian or Canadian compliance environment.

4.Prior experience in Remittance or compliance products and business

5.Understanding the regulatory requirements and risk profile of the product and coordinating with Control Groups viz., ISG, Compliance, legal & Risk. This is to ensure process & controls are adequately developed

6.Prioritizing business requirement and accordingly developing & designing products

7.Defining customer journeys to cover wide array of possible outcomes with objective of highest customer satisfaction. Reviewing test scenarios, creating user interface and experience

8.Identifying systems integrations essential for the product, liaising with developers for conveying requirements for each of the systems

9.Coordinating with Tech partners for customization and configuration to suite the bank’s requirement

10.Enabling information security audit and seeking clearance from ISG India

11.Onboarding vendors, enabling timely payments through appropriate approvals

Job Type: Full-time


  • Dental care
  • Extended health care
  • Paid time off
  • RRSP match
  • Tuition reimbursement
  • Vision care


  • 8 hour shift

Ability to commute/relocate:

  • Toronto, ON: reliably commute or plan to relocate before starting work (required)
Job Product Manager-Remittance & Compliance in Toronto