Product Manager - Savings

Ultimate Banking Ltd
Durham, UK
07 Sep 2019
02 Oct 2019
Contract Type
Full Time
Our client, an independent provider of mortgages and savings, have an exciting opportunity for a Savings specialist to join their Product team.

The main purpose of the role is to be responsible for managing the organisations savings product ranges, providing support to the strategic objective of developing their overall savings business.

Duties will include: -
  • Stay abreast of wider industry issues and competitive developments and understand the potential impact on the business.
  • Utilise insight (external and Internal) into the savings markets and feed into the savings plans, products and propositions.
  • Design new products and build new and replacement savings products following agreed product build standards.
  • Lead and take ownership of "go to market" planning, sequencing and launch of new products including communications, sourcing system verification and website updates.
  • Proactively recommend range and price changes in line with agreed budget, product plans and customer feedback.
  • Support Head of Products and Propositions in developing pricing proposals and range changes.
  • Proactively reviews savings back book to gain insights into product profitability and customer outcomes and identify opportunities for improvement.
  • Ensure savings related fees and charges are reviewed and justified on a regular basis so that they remain fair and in line with rules and guidance.

The successful candidate will have: -
  • Extensive savings knowledge and experience
  • Have a strong commercial awareness

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