At a Glance
- Tasks: Drive growth and profitability of Plum's savings products while collaborating with cross-functional teams.
- Company: Join Plum, a leading fintech app transforming personal finance for over 2 million users.
- Benefits: Enjoy stock options, private health insurance, flexible working, and generous holiday allowances.
- Why this job: Make a real impact in a fast-paced environment while shaping the future of savings.
- Qualifications: Experience in financial products, strong analytical skills, and a passion for problem-solving.
The predicted salary is between 60000 - 80000 £ per year.
Hey! We’re Plum, your smart saving and investing app on a mission to help grow money for life. Whether you’re saving for your first home or planning for retirement, Plum makes it easier to build wealth through automation and AI. Since 2016, over 2 million people across 10 European markets have trusted Plum to help them save and invest more than £3 billion. Backed by a team of 250+ talented Plumsters across Europe, we're building the future of personal finance and we're just getting started.
The Role
We're looking for a Commercial Manager to own the growth, pricing, and profitability of Plum's savings products. Reporting into senior leadership, you'll be responsible for managing and optimising our savings book, including Cash ISAs, LISAs, and other deposit products. Working closely with Product, Engineering, Finance, and Partnerships, you'll develop pricing strategies, drive deposit growth, and ensure our savings proposition remains competitive and commercially successful. This is a high-impact role for someone who enjoys combining commercial thinking, data-driven decision-making, and product strategy within a fast-growing fintech environment.
Your Key Responsibilities
- Own the commercial performance and P&L of Plum's savings products, driving growth, profitability, and customer value.
- Develop and optimise pricing and yield strategies in response to market conditions, competitor activity, and interest rate movements.
- Manage the performance of the savings book, including balances, inflows, outflows, retention, and customer behaviour.
- Build financial models, forecasts, and scenario analyses to support commercial planning and decision-making.
- Partner with Product and Engineering teams to shape the savings roadmap and launch new propositions and features.
- Analyse product performance, customer behaviour, and unit economics to identify growth and optimisation opportunities.
- Provide strategic recommendations to senior leadership based on market insights, commercial performance, and financial analysis.
Who You Are
- Experience managing or working closely with savings, deposits, lending, or other consumer financial products.
- Strong analytical and commercial mindset, with experience building pricing models, forecasts, and business cases.
- Strong understanding of financial services economics, including interest margins, pricing, and funding models.
- Experience operating within a regulated financial services environment.
- Comfortable working cross-functionally with Product, Engineering, Finance, and Commercial teams.
- Strong stakeholder management and communication skills.
- Thrives in fast-paced, high-growth environments and enjoys solving complex business problems.
Plum's Perks
- Own part of the company through stock options.
- Private health insurance.
- Annual training budget.
- Plum Premium Referral scheme: earn competitive rewards.
- Flexible approach to remote working: we encourage at least 2 days a week in one of our beautiful offices in London, Athens or Cyprus.
- Team breakfasts and team lunches.
- 25 days holiday + bank holidays.
- 45 work-from-anywhere days: giving you the flexibility to work your way.
- 2 weeks sabbatical after 4 years to take the break you deserve.
- Enhanced parental leave.
- 1 paid volunteering day annually.
- Annual team trip: to a surprise destination!
- A fun, inclusive company culture.
If this sounds like you, we’d love to hear from you!
Commercial Manager - Savings employer: Plum Fintech
At Plum, we pride ourselves on being a forward-thinking employer that champions innovation and personal growth. Our vibrant work culture fosters collaboration across teams, allowing you to make a significant impact in the fast-paced fintech landscape while enjoying benefits like flexible working arrangements, generous holiday allowances, and opportunities for professional development. Join us in our beautiful offices in London, Athens, or Cyprus, where you'll not only contribute to our mission of transforming personal finance but also enjoy a fun and inclusive environment that values every Plumster's contribution.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Manager - Savings
✨Tip Number 1
Network like a pro! Reach out to people in the fintech space, especially those who work at Plum or similar companies. A friendly chat can open doors and give you insider info on what they're really looking for.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Dive deep into Plum's products, especially their savings offerings. Show us that you understand the market and can bring fresh ideas to the table.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Commercial Manager. Highlight your analytical skills and how you've driven growth in previous roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you're genuinely interested in being part of the Plum team.
We think you need these skills to ace Commercial Manager - Savings
Some tips for your application 🫡
Show Your Passion for Fintech:When you're writing your application, let us see your enthusiasm for the fintech world! Share why you’re excited about helping people save and invest, and how you can contribute to Plum's mission.
Be Data-Driven:Since this role is all about optimising savings products, make sure to highlight your analytical skills. Use specific examples of how you've used data to drive decisions or improve performance in previous roles.
Tailor Your Application:Don’t just send a generic application! Take the time to tailor your CV and cover letter to reflect the key responsibilities and requirements mentioned in the job description. Show us that you understand what we’re looking for.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining the Plum team!
How to prepare for a job interview at Plum Fintech
✨Know Your Numbers
As a Commercial Manager, you'll need to demonstrate your strong analytical skills. Brush up on key financial metrics related to savings products, such as interest margins and pricing models. Be ready to discuss how you've used data to drive growth in previous roles.
✨Understand the Market
Familiarise yourself with current trends in the fintech space, especially around savings and investment products. Research Plum's competitors and be prepared to share insights on how you would position Plum's offerings to stand out in the market.
✨Cross-Functional Collaboration
This role requires working closely with various teams like Product and Engineering. Think of examples from your past where you've successfully collaborated across departments. Highlight your communication skills and how you can bridge gaps between technical and commercial teams.
✨Prepare Strategic Recommendations
Be ready to present strategic ideas based on your understanding of Plum's savings products. Think about potential pricing strategies or new features that could enhance customer value. Show them that you can think critically and provide actionable insights to senior leadership.
