Savings Product

3 weeks ago

Nottingham, United Kingdom Stellar Select Full time

Job Title: Savings Product and Propositions Lead (12-month FTC)

Location: Hybrid 2 days in Nottingham

Salary: Up to £75,000 with a car allowance of £4080

Hours: Monday to Friday 9 am to 5 pm or Monday to Friday 8 am to 4 pm

Benefit:

  • A competitive salary evaluated against market data, annual discretionary bonus scheme
  • Medicash healthcare scheme
  • 27 days annual leave plus bank holidays
  • Car allowance
  • Holiday purchase scheme
  • Enhanced family leave.
  • Commitment and dedication to your ongoing personal and professional development.
  • Hybrid working and flexibility to encourage a work-life balance, we want you to be at your best inside and outside of work.
  • A friendly and inclusive culture where teams genuinely strive to do the right thing for their colleagues and our customers.
  • A strong sustainability agenda - we're continually finding new ways to be kinder to the environment by reducing our carbon footprint.
  • We're passionate about giving back to the communities in which we serve as well as supporting local charities. One of the many ways you can get involved is to use the 2 days per year paid leave to volunteer for causes or charities that are important to you
  • Your health and wellbeing is our priority, we encourage this through a suite of support resources, including a team of trained mental health first aiders.

About the role of Savings Product and Propositions Lead (12-month FTC)

We're looking for a Savings Product & Proposition Lead on a 12-month FTC to support the ongoing development and enhancement of products and propositions for savings customers.

You will report to our Chief Savings Officer who has responsibility for the overall proposition and performance of the savings business. You will lead the development and enhancement of savings products and propositions working with the pricing and analytics team and operations team to support delivery of savings growth and customer outcomes.

This role balances analytical and strategic thinking across the Savings proposition, ensuring they deliver great customer outcomes and requires the ability to build exceptional relationships and communicate effectively across levels. You'll champion and embed best practice standards while driving continuous improvement and new ways of working. We welcome diverse perspectives and new thinking to help build a stronger, more innovative, and modern Building Society.

Responsibilities required for the role of Savings Product and Propositions Lead (12-month FTC)

  • Design and deliver the product and propositions plan for Savings, assessing the plan every quarter to ensure we continue to meet member and society objectives, whilst benchmarking against our competitors.
  • Review and enhance the product procedures, controls and frameworks for core deposit-taking activities. You will have day-to-day ownership of the Product Governance and Policy Framework, ensuring the team adhere to this within the proposition and pricing recommendations.
  • Ownership for the approval of all product promotional material in line with Financial Promotions Framework, for all Savings products, campaigns and partnerships.
  • Identify and recommend solutions relating to products and propositions where there may be no precedent, influencing and seeking key stakeholders' approval.
  • Lead, support and coach your team to promote continuous improvement and personal development. You will set a culture of effective people leadership to enable your team to thrive in delivering our purpose and embedding our strategic and behavioural drivers.
  • Lead activity in continuous analysis of the external environment and competitor activity is completed to thoroughly understand the external landscape.
  • Drive forward the MI and analytical capabilities of the team to deeply understand the different components of our new and existing savings proposition and product strategies.

Experience required for the role of Savings Product and Propositions Lead (12-month FTC)

  • Relevant experience in Financial Services and Product Management, ideally with Savings product experience.
  • Excellent communication with the ability to build valuable stakeholder relationships.
  • Ability to clearly and concisely present findings and incorporate valuable insight.
  • Multi-tasking and switching focus will be natural to you, you will lead and manage multiple workstreams.
  • Inclusive people leadership style/approach with strengths in leading, motivating and inspiring teams.

For more information regarding the role of Savings Product and Propositions Lead (12-month FTC)please contact us

Stellar Select is acting as an employment agency and is a corporate member of the REC.

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.

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