Muhammad Basit Raza
About Muhammad Basit Raza
Muhammad Basit Raza is a Senior Product Manager for Payments & Receivables at HSBC, with extensive experience in cash management products and a background in international business. He has held various roles at HSBC since 2006, including positions in Dubai and currently in Toronto, Canada.
Work at HSBC
Muhammad Basit Raza has held multiple positions at HSBC, beginning his career as a Payment Analyst from 2006 to 2009 in Dubai Internet City, UAE. He then served as Section Manager for Payments' Investigations for five months in 2009. After this, he transitioned to the role of Manager for Payroll & Remittances from 2010 to 2012. Raza continued to progress within the organization, taking on the role of Regional Country Product Manager from 2012 to 2014, followed by Regional Product Manager for FX & Currency Clearing Payments until 2018. Currently, he is the Senior Product Manager for Payments & Receivables, a position he has held since 2018 in Downtown Toronto, Canada.
Education and Expertise
Muhammad Basit Raza completed his Bachelor of Business Administration (BBA) in International Business at Skyline University College from 2007 to 2010. He furthered his education by obtaining a Master of Business Administration (MBA) from The University of Wolverhampton in 2015. Additionally, he earned a Pearson BTEC Diploma in Strategic Management and Leadership from Westford School of Management in 2014. His educational background provides a strong foundation for his expertise in product management and cash management solutions.
Background
Raza's early education includes O & A Levels from Arab Unity School. His career at HSBC has spanned over a decade, during which he has developed a comprehensive understanding of payment systems and cash management. His experience includes significant roles in product management and operational leadership, focusing on optimizing customer experiences and adapting to regulatory changes.
Achievements
In his current role as Senior Product Manager, Muhammad Basit Raza has led the development and commercialization of various cash management products at HSBC Canada. These products include Wires, Beneficiary Self-Management, GetRate, Virtual Accounts, and Receivables Management Service. He plays a crucial role in driving effective interactions across organizational boundaries and engages with external cash management parties to ensure HSBC's strategies remain relevant.