Savings and Strategy Manager

Savings and Strategy Manager

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Newcastle Building Society

At a Glance

  • Tasks: Lead savings strategy and market insights to drive client growth and commercial performance.
  • Company: Join Newcastle Strategic Solutions, a community-focused mutual with a diverse culture.
  • Benefits: Competitive salary, corporate bonuses, flexible working, and generous leave policies.
  • Other info: Inclusive workplace with excellent career development opportunities.
  • Why this job: Shape the future of savings products and influence key business decisions.
  • Qualifications: Experience in savings strategy and strong analytical skills required.

The predicted salary is between 60000 - 80000 £ per year.

About the role

As Savings Strategy Manager, you’ll be the key subject matter expert for the UK retail and SME savings market within NSSL. You’ll shape and maintain a clear, forward-looking view of market trends, competitor activity and regulatory developments—turning insight into actionable recommendations that support commercial performance and client growth. Working closely with senior stakeholders, you’ll influence proposition development, funding strategy and client engagement, while providing high-quality insights to executive and board-level forums. This is a strategic role where your market expertise will help define NSSL’s “house view” and guide decision-making across the business.

About you

You’re a commercially minded savings specialist with deep knowledge of the UK retail and SME savings market. You bring strong analytical capability and a strategic mindset, with experience translating complex market and regulatory insight into clear, actionable recommendations.

  • Proven experience within savings, deposits or funding strategy (ideally within a bank or building society)
  • Strong understanding of savings products such as ISAs, fixed-term and instant access accounts
  • Excellent market awareness, including competitor activity and regulatory developments
  • Confidence presenting to senior stakeholders, including executive or board-level audiences
  • Strong communication, influencing and stakeholder management skills

You’re naturally curious, insight-driven and comfortable operating at a strategic level—able to challenge thinking, spot opportunities and help shape the future direction of the savings proposition.

About Us

The Newcastle Building Society Group comprises of Newcastle Building Society, Manchester Building Society, Newcastle Financial Advisers and Newcastle Strategic Solutions. Our purpose, connecting our communities with a better financial future inspires and directs our activities. As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.

What do you get in return?

  • Financial
    • Corporate bonus scheme (on target 10%, up to a maximum 15%)
    • Pension scheme (up to 9% employer contribution)
    • Annual performance related pay reviews
    • Colleague mortgage scheme
    • Electric car salary sacrifice scheme
    • Life assurance (4x salary) and income protection
    • Access to our financial advisers
    • Access to a range of high street and online discounts
  • Work/Life Balance
    • A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions
    • 30 days’ annual leave + bank holidays
    • The option to buy and sell up to 5 days’ holiday
    • Hybrid working (typically 3 days’ home based)
    • Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood
  • Health and Wellbeing
    • Private medical insurance
    • Access to a health cash plan through a Medicash scheme
    • Access to an employee assistance programme
    • Free onsite gym at our Cobalt head office and access to discounted gyms
    • Two paid volunteering days each year
    • Cycle to work scheme

Recognising there’s no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you, you can contact your Recruiter for this vacancy at kate.wilkinson@newcastle.co.uk

Savings and Strategy Manager employer: Newcastle Building Society

Newcastle Building Society is an excellent employer, offering a dynamic work culture that prioritises employee engagement and development. With a competitive salary package, including a corporate bonus and pension scheme, alongside a hybrid working model, employees are empowered to thrive both personally and professionally in a supportive environment that values creativity and strategic thinking.

Newcastle Building Society

Contact Details:

Newcastle Building Society Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Savings and Strategy Manager

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 Newcastle 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 Savings and Strategy Manager

Market Analysis
Savings Product Knowledge
Regulatory Awareness
Analytical Capability
Strategic Mindset
Stakeholder Management
Communication Skills

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 Newcastle 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 Newcastle 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 Newcastle 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 Newcastle 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 Newcastle 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 Newcastle 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.