At a Glance
- Tasks: Lead the development of Open Banking capabilities and enhance customer experiences.
- Company: LHV Bank, a dynamic UK-licensed bank with a focus on innovation.
- Benefits: Competitive salary, private health insurance, generous holiday allowance, and team socials.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Join a forward-thinking team and shape the future of banking technology.
- Qualifications: Experience in Open Banking and strong product management skills required.
The predicted salary is between 60000 - 75000 £ per year.
Company Overview
LHV Bank Limited is a UK‑licensed bank operating across three core business segments: Retail Banking, SME Lending and Banking Services (BaaS). The bank supports over 200 fintech clients with embedded financial infrastructure, offers retail savings products via digital channels, and provides SME credit solutions across the UK. LHV Bank is committed to maintaining a robust and proportionate financial crime control environment.
Role Purpose
We are looking for an Open Banking Product Manager who will own and develop the bank’s Open Banking capabilities (AIS & PIS), ensuring regulatory compliance, strong governance and reliable operational performance. You will drive the evolution of Open Banking from compliance‑led delivery to customer and commercial value, improving implementation quality, technical understanding and customer outcomes.
This highly focused role involves platform capabilities (APIs, consent, authentication and integrations), operational performance (availability, incidents, reliability), regulatory reporting and controls, and vendor/partner management. You will oversee customer‑facing Open Banking use cases (e.g. payments, deposits) and identify opportunities to enhance the proposition.
Collaboration is key: you will work closely with Engineering, Operations, Risk and Compliance to deliver scalable, customer‑ready solutions, and will support other product areas as part of a small, high‑ownership team.
Key Responsibilities
- Product Ownership & Delivery: Own end‑to‑end delivery and prioritisation; Define problems, outcomes and success metrics; Make informed trade‑offs and drive optimisation.
- Performance & Operations: Lead incident management with Engineering and vendors; Continuously improve reliability; Collaborate on APIs, consent, authentication and integrations; Contribute to solution design and scalability.
- Customer & Proposition: Use data and insight to identify customer needs; Enhance the proposition beyond compliance; Own roadmap and align with wider product strategy; Track regulation, market trends and innovation opportunities.
- Platform & Partner Management: Manage vendors and platform performance; Ensure scalable, effective solutions.
- Regulatory & Governance: Ensure compliance with Open Banking regulation; Maintain strong controls, testing and audit readiness.
- Stakeholder Collaboration: Align Engineering, Risk, Compliance, Operations and Product teams; Communicate clearly and drive delivery.
Skills & Experience
Significant experience within Open Banking (AIS & PIS); API and integration knowledge; Proven delivery of Open Banking solutions; Strong product management and technical fluency; Clear communication and ownership mindset.
Benefits
Competitive salary and opportunities to learn, grow and progress professionally; Open and inclusive culture; Fantastic offices and great working environment; Vitality Health Plan (private health insurance, travel insurance, gym discounts); Life assurance – 4x salary; Income protection insurance – 75%; 28 days holiday plus 3 additional days, with further days for key life events and the option to sell up to 5 days per calendar year; Bank holidays each year for alternative days that align with personal, cultural or religious observances; Enhanced family‑friendly and family‑forming policies; Access to a wide range of retail discounts; Team socials.
Open Banking Product Manager employer: LHV Bank
LHV Bank Limited is an exceptional employer, offering a dynamic and inclusive work culture that fosters professional growth and collaboration. As an Open Banking Product Manager, you will thrive in a supportive environment with competitive benefits, including private health insurance and generous holiday allowances, all while contributing to innovative financial solutions for over 200 fintech clients. Located in the UK, LHV Bank provides a unique opportunity to be at the forefront of the evolving banking landscape, ensuring both personal and professional fulfilment.
StudySmarter Expert Advice🤫
We think this is how you could land Open Banking Product Manager
✨Tip Number 1
Network like a pro! Reach out to people in the Open Banking space, attend industry events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! Create a portfolio or case studies showcasing your previous Open Banking projects. This will help you stand out during interviews and demonstrate your hands-on experience.
✨Tip Number 3
Prepare for those tricky interview questions! Brush up on your knowledge of APIs, consent, and regulatory compliance. We want to see that you can talk the talk and walk the walk when it comes to Open Banking.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team at LHV Bank.
We think you need these skills to ace Open Banking Product Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Open Banking Product Manager role. Highlight your experience with APIs, compliance, and product management. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about Open Banking and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use metrics and examples to demonstrate how you’ve successfully delivered Open Banking solutions in the past. We’re all about results!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get to know you better. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at LHV Bank
✨Know Your Open Banking Stuff
Make sure you brush up on your knowledge of Open Banking, especially around Account Information Services (AIS) and Payment Initiation Services (PIS). Be ready to discuss how these services can drive customer value and compliance, as well as any recent trends in the industry.
✨Show Off Your Collaboration Skills
Since this role involves working closely with various teams like Engineering, Risk, and Compliance, be prepared to share examples of how you've successfully collaborated in the past. Highlight your ability to communicate clearly and drive projects forward with a team-oriented mindset.
✨Demonstrate Problem-Solving Abilities
Think about specific challenges you've faced in product management, particularly in Open Banking. Be ready to explain how you defined problems, set success metrics, and made informed trade-offs to optimise outcomes. This will show your analytical skills and ownership mindset.
✨Prepare Questions About Regulatory Compliance
Since regulatory compliance is crucial for this role, come prepared with insightful questions about how the bank ensures compliance with Open Banking regulations. This shows your understanding of the importance of governance and your proactive approach to staying informed.
