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- Tasks: Manage product governance and ensure compliance across the Motor Finance division.
- Company: Close Brothers, a diverse and inclusive financial services company.
- Benefits: Private medical, gym discounts, cycle to work scheme, and additional holiday options.
- Why this job: Make a real impact in product governance while enjoying flexible work options.
- Qualifications: Strong communication skills and a passion for creating customer-friendly product solutions.
- Other info: Join a supportive team with opportunities for growth in the finance industry.
The predicted salary is between 36000 - 60000 £ per year.
Overview
At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life. Join the Close Brothers Motor Finance Team where you will be responsible for executing the strategy for product governance across the Motor Finance division.
Responsibilities
- Identify, evaluate, mitigate and manage all risks relating to the Product journey.
- Uphold and evolve the product methodology to enable retail to meet its current and any new regulatory responsibilities.
- Identify and report RCSA\’s across the retail function ensuring they are at the appropriate quality and completeness for the full E2E Product journey.
- Produce and syndicate Motor\’s product reviews and fair value assessments across Motor\’s three territories – UK, Ireland and Channel Islands.
- Administer Motor\’s Product Governance forum and aid delivery of associated actions with stakeholders.
- Support governance standards through Customer, Product & Colleague forums.
- Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required.
Qualifications
- A keen interest in creating product solutions that maximise customer ease through aligned business processes.
- Excellent written and verbal communication skills.
- The ability to translate detailed information sources into clear business recommendations.
- The ability to operate within a team environment to collate colleague insight and expertise.
Preferred
- Previous Product management experience.
- Working knowledge and experience of the Motor Industry, the finance and insurance products that support it and its governing regulation.
Benefits
- Private medical.
- Discounted health checks.
- Stakeholder pension contribution.
- Gym discounts.
- Cycle to work scheme.
- Purchase additional holiday.
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Product Governance Executive employer: Close Brothers Group
Contact Detail:
Close Brothers Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Governance Executive
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Close Brothers. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by understanding the product governance landscape. Brush up on regulatory responsibilities and be ready to discuss how you can help uphold and evolve these standards.
✨Tip Number 3
Showcase your communication skills! Whether it's in an interview or during networking, being able to translate complex information into clear recommendations is key. Practice makes perfect!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Product Governance Executive
Some tips for your application 🫡
Show Your Passion for Product Governance: When writing your application, let us see your enthusiasm for product governance! Share any relevant experiences or projects that highlight your interest in creating product solutions and managing risks. This will help us understand why you're a great fit for the role.
Be Clear and Concise: We love a well-structured application! Make sure to present your skills and experiences clearly. Use bullet points where possible and avoid jargon. Remember, we want to see how you can translate complex information into straightforward business recommendations.
Tailor Your Application: Don’t just send a generic application! Take the time to tailor your CV and cover letter to the specific role of Product Governance Executive. Highlight your previous experiences that align with the responsibilities mentioned in the job description, especially around risk management and compliance.
Apply Through Our Website: We encourage you to apply through our website for a smoother process! It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows us you’re keen to join our team!
How to prepare for a job interview at Close Brothers Group
✨Know Your Product Governance
Make sure you understand the fundamentals of product governance, especially in the context of the Motor Finance division. Brush up on relevant regulations and be ready to discuss how you would identify and manage risks throughout the product journey.
✨Showcase Your Communication Skills
Since excellent written and verbal communication is key for this role, prepare examples that demonstrate your ability to translate complex information into clear recommendations. Practise articulating your thoughts clearly and concisely during the interview.
✨Demonstrate Team Collaboration
This position requires working closely with various stakeholders. Be prepared to share experiences where you've successfully collaborated within a team. Highlight how you’ve gathered insights from colleagues to enhance product solutions.
✨Research the Company Culture
Close Brothers values diversity and inclusivity, so it’s important to show that you align with their culture. Familiarise yourself with their initiatives and be ready to discuss how you can contribute to a positive work environment while balancing work and home life.
