Head of Product - Savings

Coventry Building Society; City Of London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

A major UK building society is seeking a Head of Product - Savings to strategically manage its savings product range. You will lead a skilled team, ensuring product performance and aligning with consumer duty requirements. Candidates should have extensive leadership experience within financial services and a deep understanding of the UK deposits market. This role offers a hybrid working model with competitive benefits, including a car allowance and private medical care.

Benefits

Car allowance

Private medical and health screenings

28 days holiday plus bank holidays

Annual discretionary bonus scheme

Personal pension with matched contributions

Maternity, paternity, and shared parental leave

Extensive wellbeing support

Life assurance (6 times annual salary)

Qualifications

• Strong senior leadership experience with a passion for developing others in financial services.
• Deep understanding of the commercial drivers of retail banking products.
• Excellent knowledge of the UK deposits market.

Responsibilities

• Lead a team of experienced product professionals.
• Manage the savings product range and drive efficiencies.
• Liaise with wider business teams to ensure positive customer outcomes.

Skills

Senior leadership experience

Understanding of commercial drivers in retail banking

Excellent stakeholder management

Analytical and problem-solving capabilities

Presentation skills

Job description

Head of Product – Savings

We're recruiting for a Head of Product - Savings who will provide strategic management of the savings product range is central to the ongoing success of the Group. It's purpose is to own and lead the strategy and management of the existing product range to deliver the corporate plan, support growth, drive efficiencies and meeting the needs of members.

The role holder will lead a team of experienced product professionals as well as being responsible for the ongoing product management and strategy, leading the development of initiatives and programme to improve product performance, meet consumer duty requirements, simplify legacy portfolios and represent savings products across a range of wider Group programmes. It will also be responsible for the ongoing review and management of the product range, ensuring they deliver good customer outcomes. The role will require working closely across the business, especially with the wider Commercial Office teams. It will be the key contact point for savings product management, liaising with the wider business to ensure the right customer and commercial outcomes are delivered.

Benefits

• Car allowance
• Private medical and health screenings
• 28 days holiday a year plus bank holidays and a holiday buy / sell scheme
• Annual discretionary bonus scheme
• Personal pension with matched contributions
• Maternity, paternity and shared parental leave
• Extensive wellbeing support
• Life assurance (6 times annual salary)

Find out more about the fantastic benefits of joining Coventry Building Society here

This role can operate from either our Head Office campus in Binley, Coventry or our Manchester office but as a Group role, travel to both locations will be required. A team-led hybrid working arrangement is in place.

We reserve the right to close this advert early if we receive a high volume of suitable applications.

About you

You’ll have an excellent understanding financial services, especially the savings market with strong influencing skills internally and externally. You’ll be able to lead a team of product managers who will oversight the trading success of the savings product area .

To be successful in this role it's essential you have :

• Strong senior leadership experience with a passion for developing others and driving high standards within financial services.
• Deep understanding of the commercial drivers of retail banking products in particular savings products
• Excellent knowledge and understanding of the UK deposits market
• Project prioritisation experience as well as e xcellent presentation skills
• A track record of commercial performance and product development
• Good understanding of customer needs and the wider regulatory landscape
• Excellent stakeholder management, communication and influencing skills
• Strong analytical and problem-solving capabilities.
• Experience of d eveloping and implementing strategy

Desirable experience needed will be :

• Presenting to EXCO

Evidence of leading through an integration.

Skilled at navigating shifting priorities and evolving market conditions in a dual organisational setting.

About us

We're one of the largest building societies in the UK and we share a mutual goal across our branches and our offices to improve the lives of others.

We're officially recognised as a 'Great Place to Work' and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing.

At the beginning of the year, The Co-operative Bank officially became part of our Group. Together, we have shared values and an ethical approach towards our members, customers, and colleagues.

We're serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know you'll build more than just a career with us.

All together, better.

Flexibility and why it matters

We understand the need for flexibility, so wherever possible, we'll consider alternative working patterns. Have a chat with us before you apply to see what the possibilities are for this role.

Proud to be a Disability Confident Committed Employer

We're proud to offer an interview or assessment to every disabled applicant who meet the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria.

Location

Manchester