At a Glance
- Tasks: Manage investment products, ensuring they meet customer needs and comply with regulations.
- Company: Dynamic financial institution offering flexible working options.
- Benefits: Hybrid work model, professional development, and exposure to diverse products.
- Why this job: Make a real impact on customer experience while developing your skills in product management.
- Qualifications: In-depth product management knowledge and strong stakeholder management skills.
- Other info: Opportunity for career growth in a supportive and innovative environment.
The predicted salary is between 36000 - 60000 £ per year.
Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive. This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.
Join us as a Product Manager in Private Banking. You will be managing the governance of existing and launch of new investment products, ensuring speed to market to support our business strategy and maximise the customer experience.
We will look to you to make sure the right customer and product data research and application testing is carried out to generate insights to help design and develop our products. You will have the chance to develop yourself, make a real difference to the customer experience and gain great exposure to our products. You will work from home some of the time, but you will also spend at least two days a month working from either the London, Edinburgh, Glasgow, or Bristol office.
What you will do:
- Ensure our products meet customer needs, providing key materials for the business and customers to use and adhering to all relevant regulations.
- Analyse research insights, execute testing strategies and validate customer materials to further develop our products and enhance the customer experience.
- Deliver all product management related aspects of our product propositions across all distribution channels.
- Manage the day-to-day product delivery of the propositions, particularly in relation to regulatory change, marketing distribution activities, financials and operational aspects.
- Maintain the products in line with our policy standards and divisional product governance, including managing risk, issues and dependencies logs.
- Identify and troubleshoot product and product related issues.
- Build effective relationships with key stakeholders and third parties for the efficient delivery and distribution of the product.
- Maintain a framework that tracks each product's key success metrics such as cost, functionality, risk, and customer outcomes – producing high quality documentation for governance committees and Boards.
The skills you will need:
- In-depth product management knowledge, including product lifecycle management, product design and manufacture.
- Strong financial planning product experience.
- Proactive approach, strong organisational skills and an excellent track record of meeting objectives within deadlines and budgets.
- Deep knowledge of both UK and Irish regulatory and governance frameworks.
- Experience of investment product strategy and implementation.
- Experience of managing products and marketing for regulated funds including UK UCITS.
- Excellent stakeholder management and relationship management skills.
- Excellent knowledge of MS Office applications.
Product Manager - Private Banking in London employer: Coutts
Contact Detail:
Coutts Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Manager - Private Banking in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Product Manager role.
✨Tip Number 2
Prepare for interviews by practising common questions related to product management. We suggest using the STAR method to structure your answers. This way, you can showcase your experience with product lifecycle management and stakeholder engagement effectively.
✨Tip Number 3
Showcase your knowledge of regulatory frameworks during interviews. We want to see that you understand the UK and Irish regulations, so brush up on those before your chat. It’ll definitely set you apart from other candidates!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly shows your enthusiasm for joining us. Plus, it makes it easier for us to spot your application!
We think you need these skills to ace Product Manager - Private Banking in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product Manager role in Private Banking. Highlight your experience with product management, especially in financial planning and investment products. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can enhance the customer experience. We love seeing genuine enthusiasm for what we do at StudySmarter.
Showcase Your Stakeholder Management Skills: Since this role involves building relationships with key stakeholders, make sure to highlight your experience in stakeholder management. Share examples of how you've successfully interacted with various levels of seniority in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates from us!
How to prepare for a job interview at Coutts
✨Know Your Products Inside Out
As a Product Manager, you'll need to demonstrate a deep understanding of investment products. Research the company's current offerings and be ready to discuss how you can enhance them. Show that you can connect customer needs with product features.
✨Master the Regulatory Landscape
Familiarise yourself with UK and Irish regulatory frameworks relevant to private banking. Be prepared to discuss how these regulations impact product management and how you would ensure compliance while still delivering a great customer experience.
✨Showcase Your Stakeholder Management Skills
This role requires excellent relationship management. Think of examples where you've successfully collaborated with various stakeholders. Highlight your ability to communicate effectively across different levels of seniority and how you’ve navigated challenges in past projects.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and decision-making process. Prepare scenarios related to product lifecycle management or regulatory changes, and outline how you would approach these situations to ensure successful outcomes.