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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 hybrid working model.
- 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: This role offers flexibility with travel between 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 demonstrate your commitment to staying updated, which is crucial for a leadership position.
✨Tip Number 2
Network with professionals who are currently working in product governance or related fields. Engaging with industry peers can provide valuable insights into the role and may even lead to referrals, increasing your chances of landing an interview.
✨Tip Number 3
Prepare to discuss your experience in managing stakeholder relationships and driving alignment across teams. Be ready to share specific examples that highlight your leadership skills and ability to influence decision-making at a senior level.
✨Tip Number 4
Research Coventry Building Society's recent initiatives and strategic goals. Understanding their current challenges and objectives will allow you to tailor your discussions during interviews, showcasing how your expertise aligns with their needs.
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 teams across different levels. This could include instances where you've driven alignment or secured stakeholder buy-in.
Showcase Analytical and Communication Skills: Illustrate your strong analytical abilities by discussing how you've translated complex challenges into actionable insights in previous roles. Highlight your communication skills by mentioning any experience in producing high-level outputs or reports for senior management.
How to prepare for a job interview at Coventry Building Society
✨Showcase Your Leadership Experience
Make sure to highlight your proven leadership experience in governance or planning roles within financial services. Prepare specific examples that demonstrate how you've successfully led teams and influenced stakeholders at various levels.
✨Demonstrate Regulatory Knowledge
Familiarise yourself with key regulatory frameworks, especially around Consumer Duty. Be ready to discuss your experience with regulatory reporting and how you've managed first line risk in previous roles.
✨Prepare for Stakeholder Engagement
Since the role involves collaboration with multiple stakeholders, practice articulating how you’ve effectively engaged and secured buy-in from diverse teams. Think of instances where you’ve navigated complex stakeholder landscapes.
✨Emphasise Analytical Skills
Be prepared to discuss how you've used your analytical skills to translate complex challenges into actionable insights. Consider bringing examples of high-level outputs you've produced that had a significant impact on product governance or strategy.
