Product Governance Lead

St. James's Place; Swindon; Hybrid; GBP 70,000 - 90,000; Full time

Benefits offered by this job

28 days annual leave + bank holidays (

Private Medical Insurance

Generous Pension Scheme 10-15%

Enhanced Parental Leave 26 weeks

Protection benefits: life cover, etc.

EV salary sacrifice via Tusker

Job summary

St. James's Place in Cirencester (hybrid) seeks a Group Products governance lead to oversee governance and risk across manufactured wrapper products.

You will develop and refine the product governance framework to ensure compliant, client-focused outcomes and sustainable commercial performance. The role influences governance decisions across multiple areas, ensuring products are well-governed throughout their lifecycle.

Qualifications

• Proven experience in a regulated Financial Services environment with governance, risk and regulatory understanding.
• Experience coordinating complex governance activities with multiple stakeholders, ensuring actions and outcomes are delivered.
• Strong written and verbal communication for senior audiences.

Responsibilities

• Lead annual product review process for manufactured wrapper products, providing independent challenge and recommendations.
• Maintain and enhance the Group-wide Product Policy governance framework and controls.
• Produce Consumer Duty outcome assessments for manufactured wrapper products.
• Coordinate with Governance Advisory Arrangement for value for money assessments.
• Manage risk reporting, maintain risk and control register, and complete RCSA processes.
• Progress audit and compliance monitoring actions, driving remediation where needed.
• Maintain divisional business continuity plans and test coordination.

Job description

Are you ready tochart your own career path? With our refreshed strategy, we're building on our rich heritage and transforming our business to be more scalable and efficient, unlocking the capabilities needed for future success. This includes significantly investing in technology, streamlining the way we work and creating an environment where colleagues feel engaged, empowered and accountable; where they can show up, speak up and perform - because we believe in the difference our work makes.

At a glance:

Location:

Cirencester Office

Workplace Type:

Hybrid

Employment Type:

Permanent

Seniority:

Mid-Senior Level

About the role:

The role of Group Products ("the Division") is to develop and oversee the suite of products and services available to clients of St. James's Place, ensuring they are fairly priced, aligned to regulatory expectations, support business growth and deliver good client outcomes

The main purpose of the Product Governance Lead is to lead the oversight of governance and risk across SJP's manufactured wrapper products, ensuring strong client outcomes and regulatory compliance. The role is responsible for developing, maintaining and continuously enhancing the product governance framework, standards and control environment, supporting good client outcomes, regulatory compliance, sustainable commercial performance and the delivery of the Group's strategic objectives.

The role plays a key part in influencing product governance and decision-making across multiple business areas, providing assurance that manufactured products are appropriately designed, governed, monitored and managed throughout their lifecycle.

What you'll be doing:

• Leading and delivering the annual product review process of the Group's manufactured wrapper products, providing independent challenge, insight and recommendations to support good client outcomes and informed decision-making, working closely with Product Leads and the Actuarial Product Support team.
• Owning and continuously enhancing the supporting frameworks and procedures to the Group-wide Product Policy relating to manufactured wrapper products, enabling product development and ensuring robust, proportionate governance is applied.
• Producing Consumer Duty outcome assessments relating to manufactured wrapper products to support Divisional outcome owners, including collation, analysis, and insight generation from management information.
• Leading the ongoing relationship with the appointed Governance Advisory Arrangement, coordinating and analysing responses to information requests to support their value for money assessments.
• Managing manufactured product-related risk reporting, by maintaining the risk and control register, ensuring timely reporting of risk issues and completion of the RCSA process in line with the Group frameworks.
• Driving and coordinating the progression of all audit and compliance monitoring actions across the Division, while independently challenging progress, direction and proposed outcomes to support effective remediation.
• Maintaining the Divisional business continuity plans, including coordinating testing of the plan.

About you:

We're looking for a governance professional with strong Financial Services experience who can bring structure, oversight and challenge to a complex product environment. You'll be confident working across multiple stakeholder groups, able to navigate governance frameworks and regulatory requirements, and comfortable influencing at all levels of the organisation. The ideal candidate will combine strong organisational skills with a continuous improvement mindset, helping to enhance product governance processes whilst ensuring good customer outcomes remain at the heart of decision making.

Essential Criteria:

• Proven experience operating within a regulated Financial Services environment, with a strong understanding of governance, risk, control frameworks and regulatory requirements.
• Experience coordinating complex governance activities involving multiple stakeholders, ensuring actions, decisions and outcomes are effectively managed and delivered.
• Strong written and verbal communication skills, with the ability to produce high-quality papers, reports and governance documentation for senior audiences.
• Ability to analyse information, challenge constructively and identify opportunities to improve existing governance processes and controls.
• Experience building effective working relationships across business functions, with the confidence to influence and hold stakeholders accountable.
• Strong organisational skills with the ability to manage competing priorities, deadlines and governance cycles in a fast-paced environment.

Desirable Criteria:

• Experience of Product Governance, Consumer Duty or Product Review frameworks.
• Knowledge of Wealth Management, Investments, Pensions or Insurance products.
• Background in Product, Risk, Compliance, Audit or Governance functions.
• Experience leading governance enhancements, policy development or continuous improvement initiatives.

What's in it for you?

Whatever stage of life you're in, our benefits are designed to provide the support, flexibility, and peace of mind you need to thrive both at work and beyond.

In addition to our discretionary annual bonus scheme, which reflects both individual and company performance, you'll benefit from a market-leading benefits package tailored to support your wellbeing, financial security, and family life.

Our benefits include:

• 28 days' annual leave plus bank holidays, with the option to purchase up to 5 additional days.
• Private Medical Insurance - company-funded cover for you and your immediate family
• Generous Pension Scheme - a non-contributory employer contribution of 10%, increasing with length of service up to 15%, plus the opportunity to increase this through salary sacrifice
• Enhanced Parental Leave - up to 26 weeks' full pay to support growing families.
• Protection Benefits - company-funded critical illness cover, income protection, and life assurance
• EV salary sacrifice scheme through Tusker

Reasonable Adjustments

We’re an equalopportunities employer and want to ensure our recruitment process is accessibleand inclusive for all, if you require reasonable adjustment(s) at any stageplease let us know by emailing us at [e-mail] Research tells usthat applicants (especially those from underrepresented groups) can be put offfrom applying for a role if they do not meet all the criteria or have been onan extended career-break. If you think you would be a good match for this role andcan demonstrate some transferable experience please apply, regardless ofwhether you tick every box.