At a Glance
- Tasks: Shape the future of banking by developing and launching innovative propositions.
- Company: Join a purpose-led organisation with a strong ethical foundation.
- Benefits: Enjoy 28 days holiday, a bonus scheme, and a supportive work culture.
- Other info: Flexible working options available; recognised as a 'Great Place to Work'.
- Why this job: Make a real impact on financial resilience for diverse customers.
- Qualifications: Experience in UK Financial Services and strong stakeholder engagement skills.
The predicted salary is between 50000 - 60000 £ per year.
About the role
Our Family & Everyday Proposition team has a 12-month FTC opportunity for a Product Proposition Manager within the Group Commercial Office. This role sits at the heart of shaping the future customer offering of the newly combined Coventry Building Society and The Co-operative Bank.
The role is responsible for identifying, developing and launching compellingly brilliant banking and savings propositions, growing market share, building a strong pipeline for future opportunity, whilst appealing to a broader and more diverse customer and member base. Working across the full product lifecycle, from idea-shaping and research, through to value case and governance, and into Change portfolios for technical delivery.
The role partners closely with teams across Product, Marketing, Digital, Customer Office, Finance, Change and Compliance to bring ideas to market at pace and with rigour. Alongside new proposition development, there is a strong focus on optimising existing products to deliver enhanced value for customers and members, as well as providing subject matter expertise to regulatory change and wider business initiatives, all within established governance and risk frameworks.
The role offers exposure to a wide range of disciplines, meaningful ownership of work, and the chance to influence propositions that support financial resilience for retail members/customers across Personal Current Accounts, Savings, and Unsecured products.
We operate on a team led hybrid approach with at least 1 day a week in the Coventry & / or Manchester office.
Our benefits include:
- 28 days holiday a year plus bank holidays and a holiday buy/sell scheme
- Annual discretionary bonus scheme
- Personal pension with matched contributions
- Life assurance (6 times annual salary)
We reserve the right to close this advert early if we receive a high volume of suitable applications.
About you
For this role you'll need to have:
- A good understanding of the UK Financial Services market and experience working within at least one of these segments: Personal Current Account, Savings, Unsecured Lending
- Good experience of working within at least one of the environments below: Commercially focused Proposition, Commercial Product management, Digital, Marketing, or Change
- The ability to develop clear and impactful written and verbal presentations
- The ability to generate creative ideas and proposition solutions is important to the role
- Strong stakeholder engagement
Experience in these areas would be helpful:
- Strategic thinking
- Outcomes focused/strong desire to deliver
- Development of commercial value/business cases
- Agile delivery experience
- Insight and data analysis
About us
In 2025, Coventry Building Society purchased The Co-operative Bank. Bringing together our purpose-led building society with the UK's original ethical bank was the start of an exciting journey. Trusted by over four million people, we're a mutually owned business free from shareholders, and with our combined experience of almost 300 years, our ethics and dedication will continue to guide us. Together, we have shared values and an ethical approach towards our members, customers and colleagues.
We're officially recognised as a 'Great Place to Work' and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing. We're serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know you'll build more than just a career with us.
Flexibility and why it matters
We understand the need for flexibility, so wherever possible, we'll consider alternative working patterns. Have a chat with us before you apply to see what the possibilities are for this role.
Proud to be a Disability Confident Committed Employer
We're proud to offer an interview or assessment to every disabled applicant who meets the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria.
Feedback
We are currently receiving a high number of applications for our roles and, while we review each one carefully against the advertised criteria, unfortunately we're unable to provide individual feedback. We will contact shortlisted candidates directly.
Product Proposition Lead - Banking & Savings employer: Coventry Building Society
Coventry Building Society and The Co-operative Bank offer an exceptional work environment that prioritises employee wellbeing, diversity, and professional growth. With a strong focus on ethical banking and a commitment to flexibility, employees enjoy a culture of recognition, comprehensive benefits including a discretionary bonus scheme, and the opportunity to influence meaningful financial propositions that support customers' financial resilience. This role not only provides exposure to various disciplines but also allows for impactful contributions within a supportive team atmosphere in Coventry or Manchester.
StudySmarter Expert Advice🤫
We think this is how you could land Product Proposition Lead - Banking & Savings
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Coventry Building Society or The Co-operative Bank. A friendly chat can open doors and give you insights that might just help you stand out.
✨Tip Number 2
Prepare for interviews by practising your storytelling skills. We want to hear about your experiences in product management and how you've tackled challenges. Make it engaging and relevant to the role!
✨Tip Number 3
Showcase your creativity! Think of innovative ideas for banking and savings propositions that could appeal to a diverse customer base. Bring these ideas to the table during interviews to demonstrate your proactive approach.
✨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, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Product Proposition Lead - Banking & Savings
Some tips for your application 🫡
Know Your Stuff:Make sure you understand the UK Financial Services market, especially in areas like Personal Current Accounts and Savings. We want to see that you can bring valuable insights to the table!
Show Off Your Skills:When writing your application, highlight your experience in commercial product management or proposition development. We love seeing how you've made an impact in previous roles!
Be Creative:Don’t be afraid to showcase your creative side! We’re looking for innovative ideas and solutions, so let your imagination run wild in your application.
Engage with Us:Remember, this is a two-way street! If you have questions about the role or our flexible working options, reach out before applying. We’re here to help you through the process!
How to prepare for a job interview at Coventry Building Society
✨Know Your Market
Make sure you brush up on your understanding of the UK Financial Services market, especially in Personal Current Accounts, Savings, and Unsecured Lending. Being able to discuss current trends and challenges will show that you're not just familiar with the role but also passionate about it.
✨Showcase Your Creativity
Prepare to share examples of how you've generated creative ideas or solutions in previous roles. Think about specific propositions you've developed or optimised, and be ready to explain your thought process and the impact they had on the business.
✨Engage Stakeholders Effectively
Since this role involves a lot of collaboration, think of instances where you've successfully engaged stakeholders. Be prepared to discuss how you navigated differing opinions and built consensus to drive projects forward.
✨Present with Impact
Practice your presentation skills! You’ll need to convey complex ideas clearly and persuasively. Consider preparing a short presentation on a relevant topic to demonstrate your ability to communicate effectively during the interview.
