Savings Product Manager

Chetwood Bank; Wrexham; On-site; GBP 60,000 - 80,000; Full time

Job summary

A digital banking institution in the UK seeks an experienced Product Manager to define and maintain savings products. Responsibilities include managing product lifecycles, maintaining relationships with aggregators, and supporting product evaluation aligned with customer needs. The ideal candidate should possess strong analytical skills, effective communication, and experience in the UK savings market. This role offers compelling benefits including generous holiday entitlement and health insurance.

Benefits

25 days holiday plus birthday off

Pension contribution with Royal London

Life Assurance

Private medical, dental and optical health insurance

Free breakfast

Qualifications

• Proven experience in the UK savings market, particularly with savings products.
• Excellent communication and stakeholder management abilities.
• Analytical skills for interpreting data sources.
• Ability to work collaboratively with various internal teams.

Responsibilities

• Define and manage savings product suite across markets.
• Oversee product lifecycle from inception to withdrawal.
• Maintain relationships with deposit aggregator platforms.
• Ensure accurate product information is provided to aggregators.
• Conduct quarterly performance reviews and share insights.
• Lead evaluation of new savings product opportunities.
• Support creation of Minimum Viable Product documents.
• Act as a central contact for cross-functional stakeholders.

Skills

Experience in savings products within the UK savings market

Stakeholder management

Written and verbal communications skills

Commercial focus

Strong analytical skills

Proficiency in MS Office / G-Suite products

Organisational and time management skills

Job description

We’re a UK-based digital bank dedicated to getting the basics right and offering straightforward savings and mortgages

Key Responsibilities

• Define and maintain the suite of savings products across open markets and aggregator platforms, ensuring consistency with the bank’s strategic direction.
• Manage the lifecycle of each product, from inception through to optimisation or withdrawal.
• Own the day-to-day relationship management with deposit aggregator platforms, acting as the primary point of contact for operational and commercial matters.
• Ensure aggregators are consistently updated with accurate product information and pricing. Coordinate quarterly performance reviews to share insights on performance, discuss opportunities and areas for improvement.
• Support the preparation and delivery of Annual Product Reviews and Fair Value Assessments in accordance with internal governance standards.
• Lead the evaluation and development of new savings product opportunities aligned with customer needs and strategic priorities.
• Support the creation and refinement of Minimum Viable Product (MVP) documents to underpin business case development and implementation.
• Act as a central point of contact for cross-functional stakeholders including Finance, Treasury, Marketing, Compliance, Legal, and Technology to ensure effective delivery and performance of savings products.

Skills, Knowledge & Expertise

• Experience in savings products within the UK savings market.
• Effective stakeholder management, written and verbal communications skills are necessary.
• Should demonstrate a clear commercial focus, recognising the financial consequences of decisions made and recommendations put forward.
• Strong analytical skills enabling the organisation and interpretation of internal and external data sources.
• Strong skills in MS Office / G-Suite products used in analysing and reporting data
• Strong organisational and time management skills so as to meet all required deadlines
• 25 days holiday PLUS your BIRTHDAY off
• Pension contribution with Royal London
• Life Assurance
• Private medical, dental and optical health insurance with Axa
• Free breakfast available

Data Protection

Data Protection

We anticipate that we will retain your data as part of the recruitment process for no longer than is necessary for the purpose for which it was collected unless we have sought your consent to keep your data for future suitable job vacancies.

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by [https://www.cifas.org.uk/fpn].

Chetwood Bank does not accept speculative or unsolicited CVs from Recruitment Agencies. Any unsolicited CVs received will be treated as the property of Chetwood Bank and Terms & Conditions associated with the use of such CVs will be considered null and void.