At a Glance
- Tasks: Lead the savings strategy and drive commercial performance at a growing challenger bank.
- Company: Castle Trust Bank, a fintech challenger bank with a focus on innovation.
- Benefits: Competitive salary, performance bonus, generous holiday, and private medical insurance.
- Other info: Join a supportive culture that values diversity and offers career growth opportunities.
- Why this job: Shape the future of savings and make impactful decisions in a dynamic environment.
- Qualifications: Extensive retail banking experience with a strong focus on savings and commercial leadership.
The predicted salary is between 63000 - 77000 £ per year.
“Shape the savings strategy of a growing challenger bank and lead the commercial performance of a strategically important portfolio.”
At Castle Trust Bank, we pride ourselves on being a fintech challenger bank, providing savings accounts, specialist property mortgages and retail finance lending to a wide range of customers.
We are seeking an experienced and commercially focused Head of Savings to shape and deliver our Savings proposition and long‑term growth plans.
This is a high‑profile leadership opportunity with ownership of deposit growth, retention, pricing, cost of funds, margins, distribution and overall portfolio performance.
The role can be based in our London or Basingstoke office but will require travel between the two. We offer hybrid working which means a minimum of 3 office days per week.
The role and what you’ll lead and deliver
You will lead the Bank’s Savings commercial agenda, working closely with Treasury, Finance, Risk, Compliance, Operations and Product & Technology.
You will develop and communicate a clear strategy that supports sustainable growth, strong commercial performance and positive customer outcomes.
Your key responsibilities will include
- Developing and executing the Bank’s Savings proposition strategy and long‑term growth plans.
- Owning the commercial performance of the retail deposits portfolio, including balance growth, retention, funding mix, cost of funds and margin.
- Leading the Savings product and pricing agenda, setting pricing strategy and overseeing delegated pricing decisions.
- Working in partnership with Treasury and Finance to manage pricing and financial performance.
- Developing channel plans across direct and intermediated distribution.
- Managing relationships with deposit aggregators, marketplaces, brokers and platform partners.
- Using customer, competitor and market insight to identify opportunities and improve the customer journey.
- Overseeing Savings marketing plans, distribution activity and performance.
- Driving digital innovation across the Savings proposition.
- Leading effective pricing and commercial governance across the Bank.
- Proactively managing risk and ensuring adherence to relevant regulatory, compliance and conduct frameworks.
- Building strong relationships across the organisation to support the effective delivery of products and services.
- Providing clear strategic insight and recommendations to senior leadership and governance forums.
- What you’ll bring
You will be an established retail banking leader with significant Savings experience and a strong record of managing the commercial performance of a sizeable deposits portfolio.
You will combine strategic thinking with detailed commercial understanding and be comfortable influencing Executive and Board‑level stakeholders.
Essential
- Significant product management and commercial leadership experience within retail banking, with specific expertise in Savings.
- Demonstrable ownership of a sizeable retail savings or deposits portfolio.
- Strong experience of savings pricing, financial performance, cost‑of‑funds management and commercial analytics.
- Proven experience developing and delivering proposition and growth strategies.
- Strong knowledge of the UK savings market and its regulatory environment.
- Experience managing relationships with deposit aggregators, marketplaces, brokers or platform partners.
- The ability to translate market, customer and portfolio insight into clear commercial decisions.
- Strong leadership and people management capability.
- Excellent communication, presentation, negotiation and influencing skills.
- The credibility to build effective relationships with Executive, Board‑level and senior functional stakeholders.
- Strong risk awareness and experience operating within regulatory, compliance and conduct frameworks.
- The ability to translate strategy into clear and deliverable operational plans.
- Membership of an appropriate professional body.
Why join Castle Trust Bank?
As well as taking on a strategically important leadership role, you will have the opportunity to shape the future direction of our Savings business, influence key commercial decisions and lead the continued development of our proposition, pricing and distribution strategy.
In addition, you will receive
- Competitive salary
- Performance‑related bonus
- Generous contributory pension through Hargreaves Lansdown
- Life Assurance
- 28 days’ holiday plus bank holidays, with the option to buy or sell five additional days (not exceeding 30 days per year)
- An additional paid volunteering day
- Private medical insurance through Bupa
- Free access to BHSF Rise Employee Assistance Programme
- Gym discounts
- Season ticket travel loans, where applicable
- A supportive and inclusive culture where your leadership can have a real impact
Caught your attention?
If so, we’d love to talk to you and tell you more about what it’s like to work at Castle Trust Bank,
The Place To Work!
Castle Trust Bank is an equal opportunity employer.
We celebrate diversity and are committed to creating an inclusive environment in which all our colleagues can thrive.
Applications are welcomed from everyone, and our decisions are always based on individual skills, experience and merit.
We are proud to support people with disabilities and are committed to being a Disability Confident employer.
If you are a person with a disability and meet the minimum criteria for this role, you will be offered an interview.
If you require a reasonable adjustment to support you during the application or selection process, please contact
Head of Savings – London employer: Castle Trust Group
Castle Trust Bank is an exceptional employer that prioritises employee growth and well-being, offering a competitive salary, performance bonuses, and generous benefits including private healthcare and a contributory pension. With a supportive and inclusive culture based in Basingstoke, employees have the opportunity to work on innovative data solutions while enjoying a hybrid work model that promotes work-life balance. Join us to make a meaningful impact in the banking sector and advance your career in a dynamic environment focused on data-driven decision-making.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Savings – London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Castle Trust Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Savings – London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Castle Trust Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Castle Trust Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Castle Trust Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Castle Trust Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Castle Trust Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Castle Trust Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
