Job Description
Job Description
Product Manager
Milton Keynes
Role purpose
To collaborate in determining the strategy and development of the product offering for Gatehouse Bank Plc with consideration applied to the commercial, market and regulatory operating requirements (internal and external) through robust risk management in addition to managing and influencing key stakeholder relationships. The role is primarily focussed on Retail Finance products, with support for other product types.
About us
Founded in 2007, we are a challenger bank that operates in accordance with Shariah principles, with offices in London, Milton Keynes and Wilmslow. We’re one of the fastest growing banks of our kind in the UK and are a subsidiary of Gatehouse Financial Group Limited.
We offer personal and corporate savings products and finance for UK residential and commercial property, in addition to sourcing and advising on UK real estate investments.
Our way of operating is stable, transparent, and shares risk and reward in an equitable way. That’s why we talk about balanced banking.
Key responsibilities
- Collaborate with Senior Product Manager to oversee strategic, commercial, and regulatory aspects of product development
- Determine customer needs and desires by carrying out the research needed to obtain market and competitor information
- Recommend the nature and scope of present and future product lines by reviewing product specifications and requirements.
- Assess product market data through attending broker visits with Business Development Manager’s (BDM’s), as agreed with Line Manager
- Provide management information for short-term and long-term product sales forecasts, regular and special reports, and analyses to include, but not exclusively, Board, ExCo, ALCO, Customer Committee and Consumer Duty reports as required
- Produce business proposals and data to bring new products to market by analyzing proposed product requirements and product development programs in line with business needs
Key Skills required
- Leadership skills, including the ability to manage product risk, compliance, and control activities
- Considerable knowledge and experience of best practice and governance frameworks, methodologies, and emerging practice, in relation to the development and management of home finance products in UK regulated financial services context
- Skilled communicator with the ability to influence and motivate others
- Problem-solving and decision-making skills, with the ability to analyse complex information to identify the key issue/action and drive resolution
- Knowledge and understanding of risk control arrangements
- Knowledge of regulatory environment and key regulatory regimes
- Advanced Excel and Word skills
Beneficial skills, knowledge, and experience
- Extensive knowledge of the UK Mortgage sector
- Understanding of Shariah Banking
- Previous experience of product management
Additional Details
- We offer highly attractive reward package; the typical benefits include:
- 25 days holiday entitlement increasing with service
- Pension Plan
- Private Medical Insurance
- Dental Cover
- Income Protection
- Life Assurance
- Employee Referral Bonus
Gatehouse Bank is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.
Please be advised that we have an appointed recruitment partner, The Curve Group, to manage our recruitment process and give candidates the best possible experience in pursuing a career with Gatehouse Bank. The personal details you have shared with us may be processed by The Curve Group on behalf of Gatehouse Bank. Full details of their Privacy Policy can be viewed by using this link https://www.thecurvegroup.co.uk/privacy-policy/