Liabilities Product Manager

50000.00 - 70000.00 GBP Annual + GBP50000 - GBP70000/annum
12 Apr 2017
26 Apr 2017
Contract Type
Full Time
Our client a Tier 1 Bank is inviting applications for Liabilities Product Manager.

Liabilities Servicing is a newly created team. It recognises the on-going importance of corporate liabilities as an attractive source of funding for Bank's increasing commercial activities.

The role could be based either in London or Manchester, depending on the candidate's location.

As a Liabilities Product Manager your main responsibilities will be:

• Ensure that portfolio servicing projects are delivered within time frames/Service Level Agreements
• Manage projects on a day to day basis and provide oversight of them and ensure that all projects are delivered on time and on budget
• Manage internal relationships between the Liabilities business and internal stakeholders such as Technology, Finance, Portfolio Reporting and the wider Bank's COO Team.
• Proactively identify and implement processes or practices which optimise service delivery of the portfolio.
• Proactively identify and implement Liability product initiatives & propositions (i.e. launches/closures / re-prices) which help improve portfolio performance in line with strategic objectives

Ensure that budgets assigned to Strategic Investment/Spend within the Liabilities business, whether internally or externally, deliver stated Key
Performance Indicators.

What we'll be looking for in you:

• Knowledge and understand the key I AM Risk principles and apply them to the role and everyday situations
• Keeping up to date on product-related regulations and be able to analyse the financial and non-financial impact on us/our clients
• Working with relationship teams in case of client complaints or any product related issues
• Act as the subject matter expert on the product both internally and externally where required
• Development and delivery of all product propositions keeping in mind the needs of customers and the market
• Manage day to day relationships with IT, Finance, Portfolio Management etc. and provide internal visibility of the Liabilities Servicing team
• Actively manage & embed the Risk agenda, providing market insight, feedback and knowledge to mitigate issues
• Staying on top of all regulatory/legal changes and ensuring the product is compliant
• Delivering new products as per instruction from Proposition team
• Owning and managing product related issues raised by clients/front line staff
• Experience in turning strategic concepts into defined business outcomes
• Be able to recognize and make recommendations based on existing or expected market trends
• Overseeing all product governance and strategic long term reviews
• Sound Product Management knowledge and experience gained in a financial services environment whilst having a comprehensive understanding of industry standards and regulations

Rewarding you

As part of the family, you'll continue to receive our simple, personal and fair rewards package. As well as your pay and bonus, you'll be in control of your flexible benefits. What's more, as you take on new challenges and responsibilities, you'll be supported with all the tools, training and guidance you need to take your career even further