Job Summary
This is a high-impact role at the heart of the Society's product strategy. You'll lead the development, management, and governance of our mortgage and savings products—ensuring they deliver genuine value to our members and meet evolving regulatory standards. As a key driver of the Society's strategic growth ambitions, you'll work closely with the Finance team to shape pricing decisions, optimise product performance, and champion member outcomes. This is a fantastic opportunity to influence the future direction of our product offering and make a meaningful difference in the lives of our members.
Responsibilities and experience required
Product Management
* Own the end-to-end lifecycle of mortgage and savings products, from ideation to withdrawal.
* Monitor product performance, member feedback, and market trends to inform product enhancements.
* Collaborate with internal stakeholders to ensure products meet member needs and strategic objectives.
Pricing Strategy
* Collaboratively working with Finance to Develop and maintain pricing models for mortgage and savings products.
* Conduct competitor benchmarking and market analysis to inform pricing decisions.
* Work closely with Finance and Treasury to align pricing with funding and liquidity requirements.
Governance & Fair Value
* Lead the Society's approach to product governance, including regular product reviews and fair value assessments in line with Consumer Duty.
* Maintain documentation and audit trails for product decisions and governance processes.
* Ensure compliance with regulatory requirements and internal policies.
Stakeholder Engagement
* Work cross-functionally with Compliance, Risk, Finance, Marketing, and Member Services to ensure product integrity and alignment.
* Present product proposals, performance updates, and governance outcomes to senior management and relevant committees.
Reporting & Insight
* Produce regular reports on product performance, pricing competitiveness, and member outcomes.
* Use data and insight to drive continuous improvement and innovation.
Essential
* Proven experience in product management or pricing within financial services, ideally in a building society or mutual.
* Strong understanding of mortgage and savings products.
* Knowledge of regulatory frameworks including Consumer Duty and fair value principles.
* Analytical mindset with experience in pricing models and financial analysis.
* Excellent communication and stakeholder management skills.
Desirable
* Experience in a small or community-focused financial institution.
* Familiarity with governance frameworks and committee reporting.
* Understanding of member-centric product design and delivery.
Personal Attributes
* Member-focused with a commitment to delivering fair outcomes.
* Collaborative and adaptable, with a proactive approach to problem-solving.
* Detail-oriented with strong organisational skills.
* Comfortable working in a small team with broad responsibilities.
Job Types: Part-time, Permanent
Pay: From £32,011.78 per year
Expected hours: 21 per week
Benefits:
* Company pension
* On-site parking
* Work from home
Ability to commute/relocate:
* East Yorkshire HU17 8AA: reliably commute or plan to relocate before starting work (required)
Experience:
* proven experience in a financial services environment: 5 years (required)
Work Location: Hybrid remote in East Yorkshire HU17 8AA