At a Glance
- Tasks: Manage relationships with banks, improve products, and support onboarding processes.
- Company: Join Chip, a forward-thinking fintech revolutionising savings and investments.
- Benefits: Enjoy a competitive salary, performance bonuses, private medical insurance, and a pension scheme.
- Other info: Flexible working hours with an early finish on Fridays and a collaborative culture.
- Why this job: Be part of a dynamic team shaping the future of wealth management.
- Qualifications: 3+ years in bank relationship management or similar roles, strong communication skills.
The predicted salary is between 49500 - 60500 £ per year.
You'll own Chip's day-to-day relationships with the banks on our deposit panel, reporting to the VP Commercial and working closely with Treasury and Finance. Alongside running the existing panel, you'll help us bring new banks on board and improve the products they offer through Chip.
What you can expect to be doing:
- Act as a primary day-to-day contact for each bank on our panel, running regular check-ins, resolving operational issues and escalating where needed.
- Work with Treasury to monitor deposit flows, funding targets and capacity at each bank, flagging early when a bank is approaching its limits or a product is due to mature.
- Support the VP Commercial in commercial negotiations on rates, margins, funding commitments and contract terms, preparing the analysis and materials that go into them.
- Help grow the panel by researching and approaching new banks, building the case for each, and supporting them through to launch.
- Work with banks on improving the products they offer through Chip, feeding in customer and market insight and helping shape new product terms.
- Get hands-on with bank onboarding: due diligence, legal and contractual documentation, account opening, client money acknowledgement letters, and coordinating technical and operational readiness with internal teams.
- Support ongoing oversight of panel banks, including performance against agreed terms and SLAs, periodic due diligence refreshes, financial health monitoring and outsourcing and third-party risk requirements.
- Keep relationship records, contracts and oversight evidence up to date and audit-ready.
- Help build out the processes and playbooks the team will rely on as it grows.
What we’re looking for:
- 3+ years' experience in bank relationship management, treasury, deposit partnerships or a similar role, either at a bank, a savings platform or a fintech working with banking partners.
- A solid understanding of how banks think about retail deposit funding, pricing and liquidity.
- Experience supporting commercial negotiations and contract discussions.
- Comfort working through detailed onboarding and due diligence processes without losing momentum.
- Clear, credible communication with senior stakeholders at partner banks.
- Willingness to roll up your sleeves in a small, growing team.
Nice to have:
- Experience at a deposit aggregator or savings platform.
- Familiarity with FCA client money (CASS) rules and outsourcing and third-party risk management.
- An existing network across UK challenger and specialist banks.
What we’re really looking for:
We’re looking for someone who’s genuinely excited about Chip and energised by the opportunity to help build the future of wealth, making saving, investing and pensions simpler and more accessible for everyone. We work in a regulated space, so the bar is high. But we’ve built a team of smart, thoughtful people who care about doing great work and enjoy doing it together. Technical skills matter, obviously. But they’re not the only thing we hire for. We want real people. People with interests, perspective and personality. The best teams are made up of individuals who bring different experiences into the room, not just polished CVs and good interview answers. So alongside the technical side, we’ll be looking for empathy, self-awareness, sound judgement, resilience and a collaborative mindset. People who are good to work with, especially when things get hard.
Working Hours:
Monday to Thursday: 9:00 AM – 6:00 PM
Friday: 8:00 AM – 4:00 PM (Start your weekend early!) Enjoy a structured yet balanced workweek, with an early Friday finish to kickstart your weekend!
PERKS:
- Discretionary Performance-Related Annual Bonus.
- Workplace pension scheme - We invest in your future with a workplace pension scheme, contributing 5% on earnings up to £50,000. Plan ahead with confidence while you grow your career!
- Private medical insurance (medical history disregarded).
- Employee Assistance Programme.
- Cycle to work scheme.
Bank Partnerships Manager in England employer: Chip
Chip is an exceptional employer, offering a dynamic and inclusive work culture that prioritises employee growth and well-being. With flexible working arrangements, a generous benefits package including a workplace pension scheme and private medical insurance, and a commitment to professional development, employees are empowered to thrive in their roles. As part of a fast-growing fintech startup, you'll have the unique opportunity to make a significant impact on innovative products while collaborating with a diverse team of passionate individuals.
StudySmarter Expert Advice🤫
We think this is how you could land Bank Partnerships Manager in England
✨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.
✨Connect on Professional Platforms
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.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Chip. 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 Bank Partnerships Manager in England
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 Chip.
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 Chip'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 Chip
✨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 Chip.
✨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 Chip 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 Chip 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.
