Head of Savings Product Propositions- Fixed Term
Salary Band: £70,000 - £85,000 (plus car allowance)
Grade: Business Leader
About the Role
We’re looking for an experienced Head of Savings (Product and Propositions) to join our experienced and enthusiastic Commercial and Product Development team at an exciting time of growth in the Society’s history.
Reporting to, and working closely with, the Head of Commercial and Product Development, the Head of Savings will play a key role in leading the development and delivery of our savings plans. You’ll lead a team of Product Managers to develop and deliver Product and Pricing strategies which will be aligned to the Society’s purpose.
Building relationships and engaging with senior leaders across the Society plays a large part in the role. This includes attending executive meetings with proposals and deputising for the Head of Commercial and Product Development when required.
In addition to this, you’ll be required to interpret internal and external data to develop product and pricing strategies based on meeting customer needs.
Having worked in financial services and gained expert knowledge of the savings marketplace, you’ll be required to work independently, attaining information from both inside and outside of the society with the aim of creating and achieving ambitious business plans. You’ll be required to work closely with the Commercial Product Development team and other contributors to ensure propositions are successfully managed through to completion, whilst supporting the delivery of the strategy through proactive engagement with distribution, finance, risk and operations.
About You
We're looking for a passionate innovator with sound knowledge of the current savings marketplace. Ideally, you will have experience of working in a similar product development/propositions role meaning you will have the ability to interpret data and develop your findings into customer and commercially focused propositions. Eager to keep your expertise up to date, you will be required to attend industry events to increase your awareness of any key market changes.
About Us
Newcastle Building Society’s purpose is to connect communities with a better financial future.
As Head of Savings within the Product Development team, you will work closely with key stakeholders across the society including marketing, branch distribution, treasury and balance sheet management to deliver the savings plan.
As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong.
What do you get in return?
* A 35-hour weekly contract + flexible working options
* 30 days holiday each year plus bank holidays
* Bonus Scheme (paid annually) - On target 15%, up to 22.5% depending on performance
* Colleague mortgage scheme and access to our financial advisors
* Private medical insurance
* Pension scheme (up to 9% employers’ contribution)
* Life assurance (4x salary) and income protection
* Access to a range of wellbeing benefits, including Medicash scheme
* Electric car salary sacrifice scheme
* Cycle to Work scheme
* Above statutory family leave entitlement - 3 months full pay, 3 months half pay regardless of gender or route to parenthood
* An extra day’s holiday for your birthday
* The option to buy and sell holidays
* Two paid volunteering days each year
* A broad range of learning and development opportunities
* Access to a range of high street and online discounts
* Free onsite gym at Cobalt and access to a range of discounted/subsidised gym memberships nationwide
* A wide range of recognition initiatives to recognise and reward great performance
* Hybrid working - we welcome any discussions around where, how and when people work including part-time hours
Recognising there’s no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you.
Company: Newcastle Building Society
Why work here?
People are the focus of absolutely everything we do. We believe in people, we care deeply about their hopes, their dreams and their wellbeing. And that applies equally to our customers, our communities and our colleagues – which means you, if you choose to work here. It’s important to us that you know if you join us we will welcome you, respect you, encourage you and help you to achieve your goals.
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