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- Tasks: Lead product governance and manage change initiatives across the Coventry Building Society Group.
- Company: Join Coventry Building Society, a leading financial services provider focused on community and customer satisfaction.
- Benefits: Enjoy a car allowance, private medical care, 28 days holiday, and a generous pension scheme.
- Why this job: Be at the forefront of transformational change, influencing strategy and making a real impact.
- Qualifications: Proven leadership in governance roles, strong analytical skills, and experience in financial services required.
- Other info: Hybrid working available with travel to Coventry and Manchester offices.
The predicted salary is between 72000 - 108000 £ per year.
Our Chief Commercial Office now have the new opportunity to join us as Group Head of Product Governance who will be responsible for product governance of the combined Coventry Building Society Group.
The role holder will be responsible for the product change portfolio product governance, planning and regulatory reporting. It will require collaboration with a range of stakeholders up to Board level across both organisations, as well as 3rd party stakeholders and external regulatory bodies.
Responsibilities will include chairing the product change committee and collaborating with Heads of to align planning, governance and change initiatives. Regulatory reporting and insight (i.e. Consumer Duty reporting) as well as first line product risk monitoring.
The role holder will chair product prioritisation forum – ensuring teams are working On the right things at the right times, that we have solid business cases and understand feasibility, dependencies and trade-offs.
It will manage the 5-year roadmap of product change contributing to the long-term strategic plan (3-5 years), OKRs, team goals, and target operating model.
Benefits:
- Car allowance
- Private medical and health screenings
- 28 days holiday a year plus bank holidays and a holiday buy/sell scheme
- Annual discretionary bonus scheme
- Personal pension with matched contributions
- Maternity, paternity and shared parental leave
- Extensive wellbeing support
- Life assurance (6 times annual salary)
Find out more about the fantastic benefits of joining Coventry Building Society here
This role can operate from either our Head Office campus in Binley, Coventry or our Manchester office but as a Group role, travel to both locations will be required. A team-led hybrid working arrangement is in place.
We reserve the right to close this advert early if we receive a high volume of suitable applications.
Taking a leading role across the organisation to drive integration and transformational change for the Group Business Banking business, this role requires strategic influence, high-level decision-making to shape critical initiatives, and ensure strategic cohesion across the combined Group structure.
To be successful in this role it’s essential you have:
- Proven leadership experience in a senior-level governance or planning role in financial services
- Demonstrable expertise in first line risk management, and regulatory reporting including Consumer Duty
- Adept at producing high-level outputs and coordinating stakeholder engagement across multiple teams
- Strong analytical, organisational, and communication skills, capable of translating complex challenges into actionable insights.
- Exceptional leadership and interpersonal abilities, with a track record of fostering cross-functional collaboration and influencing
- Experience of operating in a fast-paced and rapidly changing environment with multiple high-priority demands
- Adept at managing relationships, securing stakeholder buy-in, and driving alignment across diverse teams
Desirable experience will be:
- Leadership experience in a product, finance or strategy role
- Evidence of leading through an integration
- Skilled at navigating shifting priorities and evolving market conditions in a dual organisational setting.
Head of Product Governance employer: Coventry Building Society
Contact Detail:
Coventry Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Product Governance
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in product governance within the financial services sector. This knowledge will not only help you understand the role better but also enable you to engage in meaningful conversations with stakeholders during interviews.
✨Tip Number 2
Network with professionals who are currently working in product governance or related fields. Attend industry events or webinars to connect with potential colleagues and gain insights into the challenges they face, which can be valuable during your discussions with us.
✨Tip Number 3
Prepare to discuss your leadership style and how you've successfully managed cross-functional teams in the past. Be ready to provide examples of how you've influenced strategic decisions and driven alignment across diverse groups, as this is crucial for the Head of Product Governance role.
✨Tip Number 4
Research Coventry Building Society's current product offerings and any recent changes in their governance structure. Understanding our business model and strategic goals will allow you to tailor your approach and demonstrate how you can contribute to our long-term vision.
We think you need these skills to ace Head of Product Governance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your leadership experience in governance or planning roles within financial services. Emphasise your expertise in risk management and regulatory reporting, particularly in relation to Consumer Duty.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your understanding of the role's responsibilities, such as chairing committees and managing product change portfolios. Use specific examples from your past experiences to showcase your strategic influence and decision-making skills.
Highlight Stakeholder Engagement Skills: Since the role requires collaboration with various stakeholders, ensure you provide examples of how you've successfully engaged and influenced diverse teams in previous positions. This will show your ability to foster cross-functional collaboration.
Showcase Analytical and Communication Skills: Illustrate your strong analytical and organisational skills by discussing how you've translated complex challenges into actionable insights in your previous roles. Clear communication is key, so make sure your application reflects this.
How to prepare for a job interview at Coventry Building Society
✨Showcase Your Leadership Experience
Be prepared to discuss your previous leadership roles in governance or planning within financial services. Highlight specific examples where you successfully led teams and influenced strategic decisions.
✨Demonstrate Regulatory Knowledge
Familiarise yourself with key regulatory frameworks, especially around Consumer Duty. Be ready to explain how you've managed compliance and reporting in past roles, showcasing your expertise in first line risk management.
✨Prepare for Stakeholder Engagement
Think about how you’ve engaged with various stakeholders in the past. Prepare examples that illustrate your ability to secure buy-in and drive alignment across diverse teams, especially at senior levels.
✨Emphasise Analytical Skills
Be ready to discuss how you've tackled complex challenges using analytical skills. Prepare to share instances where your insights led to actionable outcomes, particularly in fast-paced environments.
