At a Glance
- Tasks: Lead the development and management of mortgage products while analysing market trends.
- Company: Join a customer-focused organisation dedicated to innovative mortgage solutions.
- Benefits: Enjoy flexible working, competitive salary, and a supportive work environment.
- Why this job: Be at the forefront of product innovation in a dynamic industry with growth potential.
- Qualifications: Experience in product management and understanding of mortgage propositions required.
- Other info: Opportunity to expand into Savings offerings in the future.
The predicted salary is between 36000 - 60000 £ per year.
Are you an experienced, product professional seeking an exciting opportunity within mortgages? Our client is seeking a Mortgage Product and Proposition Lead to join their customer focussed organisation, to be responsible for the management and development of their mortgage products.
The role will work closely with the Head of Mortgages and Executive team to ensure they have a competitive and relevant product offering, enabling the success of the business strategy. This is a fantastic opportunity to lead the development of mortgage products, with the potential to also add responsibility for their Savings offerings in the future.
Duties of the Mortgage Product and Proposition Lead will include:
- Maintain an up to date understanding of the UK mortgage market and the products/propositions of our key competitors
- Undertake competitor pricing and behaviour monitoring and use this insight to develop pricing proposals for both new and existing business
- Create product and proposition development proposals
- Lead the post implementation review following new product launches and undertake the annual product reviews for the product portfolio.
The successful individual will possess:
- Previous experience in product management, specifically with mortgages.
- Previous experience and understanding of propositions and pricing.
Our client can offer a flexible approach to the working week; ideally, they would like office presence at least one day per week, however, are open to an individual’s preference. Along with a competitive salary, they offer a great benefit package and a wonderful, supportive environment.
Mortgage Product and Proposition Lead employer: Ultimate Banking
Contact Detail:
Ultimate Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Mortgage Product and Proposition Lead
✨Tip Number 1
Make sure to stay updated on the latest trends and changes in the UK mortgage market. This knowledge will not only help you in interviews but also demonstrate your passion and commitment to the role.
✨Tip Number 2
Network with professionals in the mortgage industry, especially those who have experience in product management. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed mortgage products in the past. Highlighting your achievements will show your capability and readiness for this role.
✨Tip Number 4
Familiarise yourself with the company's current mortgage offerings and their competitors. Being able to articulate how you can enhance their product portfolio will set you apart from other candidates.
We think you need these skills to ace Mortgage Product and Proposition Lead
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Mortgage Product and Proposition Lead. Tailor your application to highlight relevant experience in product management and your understanding of the mortgage market.
Highlight Relevant Experience: In your CV and cover letter, emphasise your previous experience in product management, particularly within mortgages. Use specific examples to demonstrate your skills in developing products and understanding pricing strategies.
Showcase Market Knowledge: Demonstrate your knowledge of the UK mortgage market in your application. Mention any insights you have on competitor products and how you can leverage this information to benefit the company.
Craft a Compelling Cover Letter: Write a tailored cover letter that connects your experience with the job requirements. Explain why you are passionate about the role and how you can contribute to the company's success in developing competitive mortgage products.
How to prepare for a job interview at Ultimate Banking
✨Know Your Market
Make sure to research the UK mortgage market thoroughly. Understand the latest trends, key competitors, and their product offerings. This knowledge will help you demonstrate your expertise and show that you're proactive about staying informed.
✨Prepare for Product Discussions
Be ready to discuss specific mortgage products and propositions you've worked on in the past. Highlight your experience in product management and how it relates to the role. Prepare examples of successful product launches or improvements you've led.
✨Showcase Analytical Skills
Since the role involves competitor pricing and behaviour monitoring, be prepared to discuss how you analyse data to inform product decisions. Bring examples of how you've used insights to develop pricing proposals or improve product offerings.
✨Emphasise Team Collaboration
This position requires working closely with the Head of Mortgages and the Executive team. Be ready to talk about your experience collaborating with cross-functional teams and how you ensure alignment on product strategies.