Vice President, Wealth Management Product

OakNorth; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a visionary VP of Wealth Management Product to lead the launch of a groundbreaking wealth management service. This role offers a unique opportunity to shape and scale a new product while building a high-performance team. You will define the proposition, develop go-to-market strategies, and ensure compliance with UK financial regulations. If you are a resourceful leader with a strong background in private banking and a passion for innovation, this is the perfect opportunity to make a significant impact in a mission-driven, tech-forward culture.

Benefits

Competitive Compensation

Equity Participation

Direct Exposure to Senior Leadership

Mission-Driven Culture

Professional Growth Opportunities

Qualifications

• 8-15+ years of experience in private banking or wealth management.
• Strong understanding of UK financial services regulation.
• Proven track record in building product and pricing for wealth platforms.

Responsibilities

• Lead the launch of a new wealth management service.
• Define pricing, service model, technology stack, and product suite.
• Build and manage a high-performance team of advisers.

Skills

Private Banking

Wealth Management

Product Development

UK Financial Services Regulation

Leadership

Entrepreneurial Spirit

Job description

Since our launch, we've lent over £12bn to ambitious entrepreneurs. That's led to the creation of over 56,000 jobs and over 34,000 new homes – and we're not about to stop there. We're dedicated to helping trailblazing businesses thrive and determined savers reach their financial goals.

We are evaluating an opportunity to build a new, modern wealth management proposition. As the VP of Wealth Management Product, you will play a foundational role in shaping, launching, and scaling this product. You’ll wear multiple hats: strategist, builder, recruiter, and brand ambassador.

Key Responsibilities

• Lead the launch of OakNorth’s wealth management service
• Define the proposition: pricing, service model, technology stack, and product suite
• Build and manage a high-performance team of advisers, product specialists, and client service staff
• Develop go-to-market strategy: client acquisition, partnerships (e.g., accountants, lawyers), digital marketing, and brand positioning
• Work with internal teams (legal, compliance, tech, product) to ensure FCA compliance and operational readiness
• Track KPIs: AUM growth, client satisfaction, revenue per user, and retention metrics
• Serve as the internal champion for the business line, reporting progress to senior leadership and investors

What We're Looking For

• 8–15+ years of experience in private banking/wealth management product
• Proven track record of building product, pricing, and proposition for wealth platforms
• Strong understanding of UK financial services regulation (FCA, MiFID II, Consumer Duty)
• Experience across product, pricing, customer P&L, and distribution
• Entrepreneurial spirit: resourceful, proactive, and thrives in ambiguity
• Leadership skills

What We Offer

• Opportunity to build a new wealth management business from the ground up
• Direct exposure to senior leadership and decision-making
• Competitive compensation including equity participation
• A mission-driven, tech-forward culture that values innovation

About Us

We’re OakNorth Bank and we embolden entrepreneurs to realize their ambitions, understand their markets, and apply data intelligence to everyday decisions to scale successfully at pace.

Banking should be barrier-free. It’s a core belief at our very foundation, inspired by our entrepreneurial spirit, driven by the unmet financial needs of millions, and delivered through our data-driven tools.

And for those who love helping businesses thrive? Our savings accounts help diversify the high street and create new jobs, all while earning savers some of the highest interest on the market.

But we go beyond finance, empowering our people, encouraging professional growth, and creating an environment where everyone can thrive. We strive to foster an inclusive and diverse workplace where people can be themselves and succeed.

Our story

OakNorth Bank was founded on frustrations with old-school banking. In 2005, when our founders tried to get capital for their data analytics company, the computer said ‘no’. Unfortunately, all major UK banks used the same broken computer.

Why was it so difficult for a profitable business with impressive cash flow, retained clients, and clear commercial success to get a loan?

The industry was backward-looking and too focused on historic financials, rather than future potential.

So, what if there was a bank, founded by entrepreneurs, for entrepreneurs? One that offered a dramatically better borrowing experience for businesses?

No more what-ifs—OakNorth Bank exists.

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