Proposition Governance Lead

Just Group plc; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services company is looking for a Proposition Governance Lead in London. This hybrid position requires overseeing compliance with Consumer Duty and PROD4 while engaging with stakeholders to influence decision-making. The ideal candidate will have extensive governance experience and a strong grasp of regulatory requirements, delivering clear insights. Enjoy competitive salary, benefits, and growth opportunities in a collaborative team focused on excellent customer outcomes.

Benefits

Competitive salary

25 days annual leave

Private medical cover

Qualifications

• Experience working in governance or technical roles within financial services.
• Ability to apply Consumer Duty and PROD4 requirements effectively.
• Proven skills in problem analysis and reporting.

Responsibilities

• Ensure compliance with Consumer Duty and PROD4 for propositions.
• Independently assess product performance and governance data.
• Lead Fair Value Assessments and Product Reviews for Retail products.

Skills

Governance experience

Knowledge of Consumer Duty and PROD4

Stakeholder management

Problem analysis

Data analytics proficiency

Job description

Proposition Governance Lead

London - Hybrid (min 50% office based)

Contract: Permanent

Hours: Full time 35 hours

We have an exciting role within our Commercial and Propositions team as a Proposition Governance Lead, to focus on ensuring compliance with Consumer Duty and PROD4, and embedding a culture of accountability and continuous improvement.

Reporting to the Head of Governance & Technical, you will act as a champion for governance, you'll keep processes sharp, deliver clear insights to senior stakeholders, and influence decisions that drive great customer outcomes.

About Just

We help people achieve a better later life. That's our purpose and it's the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.

This is a brilliant time to join our business. We are on an exciting growth journey to become the UK's most loved retirement expert.

Key Responsibilities

• Apply the established governance framework for retirement propositions, ensuring compliance for the Retail Product Manufacturing unit, under Consumer Duty and PROD4. As well as ensuring controls are followed, risks are escalated and decisions are documented.
• Independently assess product performance, customer outcomes, and governance data to identify trends, risks, and issues. Engage with stakeholders to develop solutions and elevate concerns with clear, evidence-based recommendations.
• Maintain and update the Proposition Development Procedure (PDP) and Proposition Governance Process (PGP), securing approvals within required timescales.
• Lead the annual Fair Value Assessments and Product Reviews for all Retail products, ensuring that these are completed within the required timescales.
• Monitor and interpret regulatory publications related to Consumer Duty and PROD4, assessing impacts and embedding best practice across Retail propositions and processes.
• Collaborate effectively across Retail and Group functions to gather insights with a continuous improvement mindset, enabling a deeper understanding of Retail Customer Outcomes.
• Act as a champion for Retail Governance processes within Retail and the wider business.

Skills and Experience

• Experience working within a governance or technical team in the pensions, wider retirement market or within financial services.
• Comprehensive knowledge of Consumer Duty and PROD4 requirements for product manufacturers of insurance, lending, and investment products.
• Proven experience implementing or embedding Consumer Duty or similar governance frameworks.
• Ability to interpret regulations and translate them into practical governance controls and processes.
• Ability to summarise complex subjects for varying audiences
• Able to engage and manage relationships with various stakeholders, including senior management.
• Excellent problem analysis and resolution skills
• Proficiency in governance reporting tools, data analytics, and leveraging technology to improve governance processes and insights.

Our behaviours

At Just you'll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You'll be part of a company with a strong and distinctive culture - we're ambitious, curious and collaborative - and every decision we make centres around being Just and delivering the best outcomes for our customers.

What's in it for you

• A competitive salary, pension scheme and life assurance
• 25 days annual leave plus an additional day on us for your birthday
• Private medical cover and income protection, just in case
• A generous and highly achievable bonus scheme
• Opportunities to progress your career in-role and within the company
• Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
• A variety of employee funded benefits available via our online benefits portal
• Plus, several additional purchase options available for you and your loved ones

Explore our full range of benefits on our dedicated benefits page.

Belonging at Just

Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just.

We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.

Application details

Please submit your CV using the 'apply now' button. Shortlisted candidates will be contacted regarding next steps which may include an initial phone interview and in-person assessment.

Be Bold. Be Brilliant. Be Just