Product Proposition Lead - Banking & Savings in West Bromwich

Product Proposition Lead - Banking & Savings in West Bromwich

West Bromwich Full-Time 55000 - 65000 £ / year (est.) No working from home possible
Coventry Building Society

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 matched pension plan.
  • Other info: Flexible working options and a commitment to diversity and inclusion.
  • 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 55000 - 65000 £ 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 and/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 in West Bromwich employer: Coventry Building Society

Coventry Building Society and The Co-operative Bank offer a dynamic and inclusive work environment where employees can thrive. With a strong focus on employee wellbeing, comprehensive benefits including a discretionary bonus scheme, and a commitment to diversity and equality, this role provides an excellent opportunity for personal and professional growth. The hybrid working model allows for flexibility, making it an attractive place for those looking to make a meaningful impact in the banking and savings sector.

Coventry Building Society

Contact Details:

Coventry Building Society Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Product Proposition Lead - Banking & Savings in West Bromwich

Tip Number 1

Network like a pro! Reach out to people in the banking and savings sector, 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 set you apart from other candidates.

Tip Number 2

Prepare for your interviews by diving deep into the company’s values and recent projects. Show us how your experience aligns with their mission and how you can contribute to shaping brilliant banking propositions. Tailor your examples to highlight your strategic thinking and stakeholder engagement skills.

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It’s a simple gesture that keeps you on their radar and shows your enthusiasm for the role.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team and contributing to our mission of supporting financial resilience.

We think you need these skills to ace Product Proposition Lead - Banking & Savings in West Bromwich

Understanding of UK Financial Services market
Experience in Personal Current Accounts
Experience in Savings products
Experience in Unsecured Lending
Commercially focused Proposition development
Commercial Product management
Digital Marketing experience

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 relevant experience to the table!

Show Off Your Skills:When writing your application, highlight your ability to create clear and impactful presentations. We love candidates who can communicate their ideas effectively, so don’t hold back!

Be Creative:We’re looking for someone who can generate innovative ideas and solutions. Use your application to showcase your creative thinking and how it can benefit our propositions.

Engage with Us:Don’t forget to connect with us through our website when applying! We’re all about collaboration and want to see how you can engage with our teams across different disciplines.

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 around Personal Current Accounts, Savings, and Unsecured Lending. Being able to discuss current trends and challenges in these areas will show that you're not just knowledgeable but also genuinely interested in the role.

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. This will demonstrate your ability to think strategically and deliver impactful results.

Engage Stakeholders Effectively

Since this role involves working closely with various teams, practice discussing how you've successfully engaged stakeholders in the past. Be ready to provide examples of how you’ve navigated differing opinions and built consensus to bring ideas to market.

Prepare for Agile Discussions

Familiarise yourself with agile delivery methodologies, as they are likely to come up during the interview. Be prepared to discuss any experience you have with agile projects, including how you’ve adapted to changes and delivered outcomes efficiently.