At a Glance
- Tasks: Lead the strategy and design of innovative banking solutions for businesses.
- Company: Join Nationwide, a trusted mutual bank with a commitment to fairness and transparency.
- Benefits: Enjoy hybrid working, competitive pay, and a range of rewarding benefits.
- Other info: Be part of a dynamic team driving transformation in the banking sector.
- Why this job: Shape the future of business banking and make a real impact on SMEs and corporates.
- Qualifications: Experience in banking strategy and a passion for customer-focused solutions.
The predicted salary is between 80000 - 100000 £ per year.
The Head of Transactional Banking is accountable for the end-to-end strategy, design, commercial performance and transformation of Nationwide’s Business Banking transactional proposition across business current accounts, payments, cash management, digital money movement, open banking and related value-added services. The role will shape a differentiated, market-relevant proposition that helps SMEs and corporates run their day-to-day finances with confidence, capture greater primary-bank share, deepen deposits and payments income, and deliver fair, transparent and sustainable outcomes in line with Nationwide’s mutual purpose.
You will play a pivotal role in building the everyday banking engine for the Business Bank. This is a once-in-a-career opportunity to help create a full-service mutual business bank that can compete with digital challengers on speed and simplicity, while outperforming traditional banks on trust, fairness, relationship depth and breadth of capability.
Reporting to the Director of Group Business Products, the role will lead the strategy, roadmap and in-life management of business current accounts, payments and cash-management propositions, ensuring they are commercially compelling, digitally excellent, operationally scalable, well controlled and aligned to the needs of sole traders, micro businesses, SMEs, mid-market businesses and larger corporate customers.
You’ll be accountable for creating the products and services that businesses use every day: accounts that are easy to open and operate, payments that are reliable and efficient, and digital tools that reduce admin, improve cash-flow control and strengthen the customer relationship.
Across the transactional portfolio, you’ll own the full lifecycle from market and customer insight through to proposition design, pricing, payment capabilities, partner integration, digital journey requirements, distribution, launch, customer outcomes, risk and controls, and ongoing performance optimisation.
At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.
Virgin Money is now part of Nationwide. Nationwide acquired Virgin Money in October 2024. Virgin Money continues to serve customers on the high street, and there will be a phased and considered integration over the coming years.
You’ll be employed by Nationwide from day one, delivering real impact and benefitting from a highly competitive range of benefits. We’re a workplace where you’re rewarded, recognised and celebrated.
Head of Transactional Banking - Business Banking in Glasgow employer: Nationwide Building Society
At Nationwide, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Strategic Finance team. Located in Yorkshire and the North-East, we provide flexible working arrangements, competitive benefits, and ample opportunities for professional growth, ensuring that our employees feel valued and empowered to make a meaningful impact in corporate banking.
Contact Details:
Nationwide Building Society Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Head of Transactional Banking - Business Banking in Glasgow
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Nationwide Building Society. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Transactional Banking - Business Banking in Glasgow
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Nationwide Building Society.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Nationwide Building Society's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Nationwide Building Society
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nationwide Building Society.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Nationwide Building Society will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Nationwide Building Society employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
