At a Glance
- Tasks: Lead product governance and ensure compliance for cash-based products in Wealth Management.
- Company: Join Rothschild & Co, a prestigious firm with a focus on client outcomes.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to work with cutting-edge tools and AI to enhance governance efficiency.
- Why this job: Make a real impact on client outcomes while innovating governance processes.
- Qualifications: 3+ years in Product Governance or Management, strong analytical skills, and a proactive mindset.
The predicted salary is between 60000 - 80000 £ per year.
This role is centred on Product Governance within Rothschild & Co's Wealth Management business, with responsibility for ensuring robust oversight, regulatory compliance, and the delivery of good client outcomes across the product lifecycle. The role holder will also take on direct ownership of cash‐based products, ensuring their commercial effectiveness and alignment to client needs, alongside governance responsibilities.
Product Governance (Core Focus)
- Lead and support key governance forums, including the Product Approval Committee, Product Review groups, and product related working groups.
- Ensure all products adhere to governance standards across the full product lifecycle (design, approval, launch, and ongoing review).
- Own and deliver core governance activities, including:
- New Product Post‐Implementation Reviews (PIRs)
- Annual Product & Service Reviews
- Ongoing product monitoring and value assessments
- Committee papers and packs
- Management Information (MI) and reporting
- Meeting minutes and decision tracking
Consumer Duty & Client Outcomes
- Maintain Consumer Duty principles across all governance processes and product activities.
- Ensure products deliver good client outcomes, supported by robust MI and clear evidence frameworks.
- Oversee:
- Fair value assessments
- Target market alignment
- Customer understanding and communications
- Ongoing monitoring of outcomes and risks
Governance Innovation (Tooling & AI)
- Identify opportunities to enhance the efficiency, scalability, and effectiveness of product governance with focus on:
- Streamlining governance processes and workflows.
- Improving reporting, MI, and insight generation.
- Enhancing tracking of product risks, actions, and outcomes.
Product Management (In Addition to Core Role)
- Own the lifecycle and performance of cash‐based products (e.g. deposits, liquidity solutions).
- Ensure products remain competitive, commercially viable, and aligned with client needs.
- Monitor:
- Product performance and usage.
- Client outcomes and feedback.
- Market and competitor developments.
Stakeholder Management
- Build strong relationships across Front Office, Risk, Compliance, Legal, and Operations.
- Act as a key contact for product governance and cash product‐related matters.
- Influence stakeholders through clear, data‐driven communication and insight.
Key Skills & Experience
- 3+ years' experience in Product Governance or Product Management within Wealth Management or Private Banking.
- Strong understanding of product governance frameworks and regulatory environments.
- Knowledge of cash‐based products (preferred).
- Experience delivering product reviews, governance forums, and lifecycle oversight.
- Strong understanding of Consumer Duty and client outcome frameworks.
- Excellent analytical and problem‐solving skills, project management and organisational capability, ability to prioritise and deliver under pressure, interest in leveraging tooling and AI to improve governance processes, proficiency in Microsoft Excel and PowerPoint, and excellent written and verbal communication skills.
Personal Attributes
- High level of ownership and accountability.
- Strong attention to detail and quality.
- Proactive and solution‐oriented mindset.
- Collaborative, with the ability to build trusted relationships.
- Committed to continuous improvement and innovation.
Product Governance Manager, Wealth Management in London employer: Rothschild & Co
Contact Detail:
Rothschild & Co Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Governance Manager, Wealth Management in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their governance processes and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds as they make decisions.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, it’s the best way to ensure your application gets seen by the right people.
We think you need these skills to ace Product Governance Manager, Wealth Management in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product Governance Manager role. Highlight your experience in product governance and any relevant skills that match the job description. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about product governance and how you can contribute to our Wealth Management team. Keep it engaging and relevant to the role.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your expertise in product management and governance. We love numbers and results, so don’t shy away from sharing metrics that highlight your impact!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Rothschild & Co
✨Know Your Product Governance Inside Out
Make sure you brush up on product governance frameworks and regulatory environments, especially in wealth management. Be ready to discuss how you've applied these principles in your previous roles, as this will show your understanding of the core focus of the position.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to demonstrate your problem-solving skills and analytical abilities. Think of specific examples where you've led governance forums or conducted product reviews, and be prepared to explain your thought process and the outcomes.
✨Showcase Your Stakeholder Management Skills
This role requires strong relationships across various departments. Prepare examples of how you've influenced stakeholders through data-driven communication. Highlight any successful collaborations that led to improved client outcomes or streamlined processes.
✨Demonstrate a Proactive Mindset
The interviewers will be looking for candidates who are solution-oriented and committed to continuous improvement. Share instances where you've identified opportunities for innovation, particularly in governance processes or product management, and how you implemented those changes.