At a Glance
- Tasks: Conduct fair value assessments and collaborate with teams to ensure compliance.
- Company: Join Timeline, a fast-growing fintech disrupting traditional financial services.
- Benefits: Competitive salary, flexible hours, hybrid working, and professional development support.
- Other info: Remote-first culture with team members across 13 countries.
- Why this job: Make a real impact in a dynamic environment while enhancing your skills.
- Qualifications: 4+ years in product or compliance roles, with hands-on Consumer Duty experience.
The predicted salary is between 50000 - 60000 £ per year.
The Company Timeline is a financial technology company on a mission to help millions of people plan, invest for, and enjoy retirement with confidence. As a privately owned fast-growing fintech company providing Platform, MPS and financial planning solutions, we are well placed to disrupt the traditional financial services market. Our technology cuts out unnecessary costs, inefficiencies and anxiety for financial advisers, while improving the long‑term investment returns for their clients. We are a remote‑first company with team members in over 13 countries. Given our diversity of thought, backgrounds and life experiences, we are constantly striving to celebrate individual uniqueness, while achieving our common mission. As a scaling, high‑growth company, developing and adapting are the norm. If you’re after a dynamic company where you will make a real difference, then read on!
We are seeking an experienced Product Associate to join Timeline’s first line of defence on a three month fixed‑term contract. This role has been created to support delivery of Timeline’s Consumer Duty activities, with a particular focus on fair value assessments. The role sits within the first line and works closely with the investment, distribution and risk and compliance teams. It requires a candidate with direct, hands‑on experience of Consumer Duty implementation in a DFM or MPS context, and the analytical rigour to translate regulatory requirements into well‑evidenced, documented assessments.
Key responsibilities include:
- Fair Value Assessments
- Conduct fair value assessments (FVAs) across MPS models and risk profiles, including bespoke
- Conduct FVAs for the Multi Asset Funds range
- Maintain Timeline FVA procedures
- Target Market Analysis
- Review and update target market analysis (TMA) across the MPS and Multi Asset Funds range, ensuring alignment with PROD rules and Consumer Duty requirements
- Ensure TMA documentation is comprehensive and complete
- Outcome Testing
- Support outcome testing activities
- Define methodologies, data sources and assessment criteria
- Collate and analyse MI
- Prepare outcome testing results for reporting to the Investment Committee
- Consumer Duty MI and Board Reporting
- Support the Consumer Duty Board reporting
- Contribute to the development of Consumer Duty MI frameworks, including data sources, collection processes and assessment criteria
- Stakeholder Collaboration
- Work closely with the investment team, sales and distribution functions and risk and compliance team to gather data, validate assumptions and ensure consistency across assessments
Role Requirements
Core knowledge & experience:
- 4+ years’ experience in a product, investment, or compliance role within an FCA-regulated investment firm
- Direct, hands‑on experience of Consumer Duty implementation, including conducting fair value assessments and target market analysis - essential
- Strong working knowledge of PRIN 2A, PROD, and the FCA’s Consumer Duty guidance and related publications
- Experience in a discretionary fund manager, MPS provider, or investment platform business - essential
- Analytical and numerically confident, with the ability to interpret cost, performance, and value data and translate findings into well‑structured written assessments
- Excellent written communication skills, with the ability to produce board and committee-level documentation
- Ability to work independently, manage multiple workstreams, and deliver to tight deadlines
Ideal knowledge & experience:
- Experience working with distributor data and managing data gaps in the context of fair value and PROD assessments
- Understanding of MiFID II product governance requirements and their interaction with Consumer Duty
- Professional qualifications (e.g., CISI, CFA, IMC) desirable but not essential
The Package
- Competitive salary, dependent on experience
- Non-contributory pension scheme
- 28 days’ holiday plus bank holidays
- Non-contractual bonus scheme
- Potential to join company option scheme
- Insurance plans
- Cost of relevant professional qualifications and memberships
- Hybrid working
- Flexible hours (depending on team requirements)
- Wellbeing support
Product Associate, Consumer Duty (3 month contract) employer: Timelineapp Tech Limited
Timeline is an exceptional employer, offering a dynamic and inclusive work environment where innovation thrives. As a remote-first fintech company, we provide our employees with the flexibility to work from anywhere while fostering a culture that celebrates diversity and individual uniqueness. With competitive salaries, a non-contributory pension scheme, and support for professional development, we empower our team members to grow and make a meaningful impact in the financial services industry.
StudySmarter Expert Advice🤫
We think this is how you could land Product Associate, Consumer Duty (3 month contract)
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
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✨Connect with Alumni from Your Uni
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We think you need these skills to ace Product Associate, Consumer Duty (3 month contract)
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Timelineapp Tech Limited will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Timelineapp Tech Limited. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Timelineapp Tech Limited confidence in your short-term commitment to the role.
How to prepare for a job interview at Timelineapp Tech Limited
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Timelineapp Tech Limited.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Timelineapp Tech Limited that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
