At a Glance
- Tasks: Lead the development of Everyday Banking product strategy and drive execution.
- Company: Join NatWest, a major UK retail bank with a focus on innovation.
- Benefits: Inclusive culture, learning opportunities, and a focus on wellbeing.
- Other info: Work on complex initiatives and influence senior leaders.
- Why this job: Shape the future of banking while making a real impact.
- Qualifications: Experience in strategy or commercial roles within financial services.
The predicted salary is between 54000 - 84000 £ per year.
AMS is the world's leading provider of Talent Acquisition and Management Services. Our contingent Workforce Solutions (CWS) service partner with NatWest to support contingent recruitment processes. On behalf of NatWest, we are looking for a Product Strategy and Commercial Manager - Everyday Banking for a 12 Month Day Rate Contract based in London. NatWest is a major UK retail bank, providing everyday banking services to over 17 million retail customers. The bank's expertise and services span across Business Services, Corporate banking, Wealth Management, Group Functions, Retail and Investment Banking.
Job Description - The Role
Join us as a Product Strategy and Commercial Manager in Product Strategy & Simplification, where you'll lead the end-to-end development and delivery of Everyday Banking product strategy. You'll shape the future of current accounts and savings by setting direction, driving execution, and ensuring strategies translate into measurable customer and commercial outcomes. We're looking for a strategic leader with strong commercial acumen and a customer-led mindset, capable of owning complex strategic initiatives from concept through to delivery. You'll use strategic, commercial, and data-driven insight to define priorities, make decisions, and influence senior leaders across the Retail Bank.
What you'll do:
- You’ll lead key initiatives within the Everyday Banking product strategy, from defining the strategic ambition through to design and execution.
- Owning the development and delivery of elements of the Everyday Banking product strategy, ensuring alignment with customer needs, regulatory requirements, and commercial objectives.
- Setting clear strategic direction and priorities for current accounts and savings, making trade-offs and decisions where required.
- Leading complex strategic initiatives from ideation through to implementation, working closely with proposition, technology, finance, risk, and change teams.
- Developing and owning robust commercial cases, including financial modelling, forecasting, scenario and sensitivity analysis.
- Using internal and external data to identify opportunities, risks, and emerging trends, translating insight into clear strategic actions.
- Crafting and presenting compelling strategic narratives to senior leadership forums, including ExCo audiences.
- Building and maintaining strong senior stakeholder relationships across Retail Banking and enabling functions, influencing without authority where needed.
The skills you’ll need:
- Experience in a consultancy or financial services in a strategy or commercial based role.
- A strong understanding of retail banking products and systems - particularly current accounts and savings.
- Proven experience leading strategy or product initiatives end to end, from problem definition through to delivery and benefits realisation.
- Strong commercial acumen, with a deep understanding of income drivers, balance sheet mechanics, and how retail banking products create value.
- Experience influencing and advising senior stakeholders, with the credibility to challenge constructively and drive decisions.
- The ability to translate complex analysis into clear, actionable recommendations linked to strategic and commercial outcomes.
- Excellent communication skills, including the ability to produce and present high-quality materials for senior leadership.
- Well-developed leadership skills, with experience coaching, guiding, or line-managing others.
Next steps
With an inclusive culture, excellent learning and development, and focus on wellbeing, there are plenty of reasons why NatWest is a great place to work in a temporary job. And you’ll be helping to build a sustainable bank, committed to helping people, families, and businesses to thrive. We will only accept workers operating via an Umbrella or PAYE engagement model. If you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course.
Product Strategy and Commercial Manager - Everyday Banking employer: NatWest CWS
At NatWest, we pride ourselves on fostering an inclusive work culture that prioritises employee wellbeing and professional growth. As a Product Strategy and Commercial Manager, you will have the opportunity to lead impactful initiatives within Everyday Banking while benefiting from excellent learning and development resources in the vibrant city of London. Join us in shaping the future of banking and making a meaningful difference for our customers and communities.
StudySmarter Expert Advice🤫
We think this is how you could land Product Strategy and Commercial Manager - Everyday Banking
✨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 NatWest CWS. 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 Product Strategy and Commercial Manager - Everyday Banking
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 NatWest CWS.
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 NatWest CWS'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 NatWest CWS
✨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 NatWest CWS.
✨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 NatWest CWS 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 NatWest CWS 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.
