At a Glance
- Tasks: Lead and evolve proposition governance for Openwork's diverse financial products.
- Company: Join a dynamic and ambitious team at The Openwork Partnership.
- Benefits: Competitive salary, bonus scheme, pension, and 27 days holiday plus more.
- Other info: Hybrid role with a focus on personal and professional development.
- Why this job: Make a real impact in a key leadership role within a growing business.
- Qualifications: 10+ years in financial services with strong governance and product development experience.
The predicted salary is between 75000 - 95000 € per year.
This role is a 12 month FTC. We’re looking for an experienced and strategic leader to take on the role of Head of Proposition Governance, responsible for leading and continually evolving Openwork’s proposition governance capability. This is a key role within the business, ensuring our proposition remains robust, compliant, and aligned to both regulatory expectations and our broader strategy. Covering all Openwork products and services across wealth, insurance and mortgages, you’ll play an integral part in supporting strong client outcomes and sustainable growth. This is a hybrid role 3 days a week in the Swindon office.
The Benefits:
- Salary £75,000 to £95,000
- Bonus scheme - on target bonus - 17.5%
- Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
- Critical illness cover
- Income protection
- Death in service - 4x salary
- 27 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days
- A range of other flexible benefits to include private medical insurance, dental insurance and much more.
KEY ACCOUNTABILITIES
- Designing, implementing and continuously improving a robust Proposition Governance Framework, aligned to regulatory requirements and group risk appetite
- Ensuring the Openwork proposition operates in line with FCA expectations and Consumer Duty, supporting good customer outcomes
- Leading and evolving the Proposition Development & Management Framework, including product review processes
- Managing key governance forums, including: Proposition Management Committee, Product Review Committee
- Using market insight, customer data and competitor analysis to inform best practice and future development
- Providing clear and effective governance reporting to internal committees and boards
- Acting as an internal champion for proposition governance across the business
- Building and leading a high-performing team, supporting capability and succession planning
- Representing Openwork in relevant external forums and industry engagement
What will you need to succeed?
- Significant experience (c.10+ years) within financial services, operating at a senior proposition or marketing leadership level
- Strong experience of product proposition development and governance in a regulated environment
- Deep understanding of regulatory requirements impacting propositions, including Consumer Duty
- Broad market knowledge across wealth, insurance and mortgages, including competitor and provider landscape
- Strong understanding of how advice businesses and advisers operate
- Experience of supplier selection and commercial negotiation
- Ability to operate effectively across internal functions and influence at senior level
- Professional post-graduate qualification in financial services or marketing (desirable)
- Strong working knowledge of core systems and tools (Excel, PowerPoint, SharePoint, Teams)
Why us?
At The Openwork Partnership, we're a dynamic, fast paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential. We’re also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague’s individual differences and identities – just like our financial advice, for us, it’s personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.
Head of Proposition Governance in Swindon employer: Openwork
At The Openwork Partnership, we pride ourselves on being a dynamic and inclusive employer that invests in the growth and development of our colleagues. With a strong commitment to work-life balance and a culture that celebrates individuality, we offer a supportive environment where you can thrive both personally and professionally. Located in Swindon, our hybrid working model allows for flexibility while being part of a team recognised as one of the Best 100 Large Companies to work for in 2022.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Proposition Governance in Swindon
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by researching Openwork's values and recent developments. Tailor your responses to show how your experience aligns with their mission and how you can contribute to their proposition governance capability.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your experience in product proposition development and governance.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Openwork family.
We think you need these skills to ace Head of Proposition Governance in Swindon
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Proposition Governance role. Highlight your experience in financial services and governance, and don’t forget to showcase your leadership skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements in proposition governance and how they align with our values at Openwork.
Showcase Your Regulatory Knowledge:Since this role involves ensuring compliance with regulatory expectations, make sure to highlight your understanding of relevant regulations like Consumer Duty. We’re looking for someone who can navigate these waters with ease!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, you’ll get to explore more about our culture and values while you’re there!
How to prepare for a job interview at Openwork
✨Know Your Proposition Governance Inside Out
Before the interview, make sure you thoroughly understand the principles of proposition governance, especially in a regulated environment. Brush up on FCA expectations and Consumer Duty, as these will be crucial in demonstrating your expertise.
✨Showcase Your Leadership Skills
As a strategic leader, it's essential to highlight your experience in building and leading high-performing teams. Prepare examples of how you've supported capability and succession planning in previous roles, as this will resonate well with the interviewers.
✨Bring Market Insights to the Table
Familiarise yourself with current market trends, customer data, and competitor analysis related to wealth, insurance, and mortgages. Being able to discuss these insights during your interview will show that you're proactive and informed about the industry landscape.
✨Prepare for Governance Forum Discussions
Since you'll be managing key governance forums, think about how you would approach governance reporting and committee management. Be ready to discuss your strategies for effective communication and collaboration across internal functions.