At a Glance
- Tasks: Lead a £2.5bn savings portfolio and drive strategic growth.
- Company: Join Vanquis, a leader in financial services focused on customer innovation.
- Benefits: Enjoy hybrid working, 25-30 days holiday, and opportunities for workations.
- Why this job: Make a real impact in a dynamic team while shaping the future of savings.
- Qualifications: Experience in UK financial products and strong analytical skills required.
- Other info: Flexible arrangements available to support your work-life balance.
The predicted salary is between 43200 - 72000 £ per year.
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Responsible for a growing portfolio of £2.5bn in balances, the Savings Senior Manager will play a key leadership role as we seek to sustainably grow our customer franchise through our Vanquis and Snoop Savings Brands.
The agile nature of the team will give the role holder a unique opportunity to vary and specialise their role across a range of product management disciplines, including Balance Sheet and P&L delivery, Forecasting & Pricing, Data Science, Product, Customer & Conduct Governance and overall Strategic development.
If you’re a commercially minded self-starter with knowledge of managing financial services products, this role represents a high impact opportunity to help Vanquis grow our award-winning Savings Business, with the Customer and Digital innovation at the heart of everything we do.
Responsibilities:
Balance Sheet and P&L delivery: Work closely with the Treasury function to ensure optimised funding and liquidity planning. Ongoing focus and improvement of our income and Cost profitability levers and effective discussion and action on Business Performance information.
Forecasting, Pricing and Data Science: Work with group partners to develop and manage cutting edge forecasting and price optimisation engines, that leverage latest machine learning and AI modelling techniques, alongside best in class visualisation tools.
Product, Customer and Conduct Governance: Ensuring our end-to-end product lifecycle management drives outstanding customer journeys with customer fair value, consumer duty, regulatory compliance and risk control embedded at every step.
Strategic development: Help articulate and execute the Brand, Proposition, Platform and Distribution strategy for the next 5 years, anticipating changes in customer behaviour to make sure our proposition is at the forefront of the market.
Experience required:
• Significant experience in UK financial products.
• Demonstrable experience in business management, strategic programme leadership, or senior support to executive leadership.
• Experience in working in cross-functional teams and working across product, finance, risk and data domains.
• Understanding of regulatory, legislative and compliance requirements in the UK financial services sector.
• Experience of working in the Savings market desirable.
• Familiarity with model governance, performance monitoring, and regulatory expectations (e.g., model risk management).
• Proficiency in data analysis tools and software, such as Excel, SQL or similar.
• Strong understanding of pricing and financial modelling methodologies.
• Adept at operating at both strategic and detail levels, with high analytical literacy.
• Highly structured, organised and methodical, with excellent planning skills.
• Capable of handling sensitive issues discreetly and operating with resilience in high-pressure environments.
• Strong data fluency, including the ability to interpret model logic, assess data pipelines, and engage confidently with technical colleagues.
• Demonstrated ability to drive financial performance and achieve business targets.
• Knowledge of Consumer duty and Customer fair Value frameworks and their application to Retail Financial Products.
Location: London, Bradford, Petersfield or Chatham (Hybrid working)
Working Pattern: Hybrid—typically a couple of days a week in the office. Part-time or flexible arrangements are considered to support work-life balance. A fear of losing your current working flexibility shouldn\’t hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible.
What We Offer:
- Holidays: 25 days holiday up to 30 days (depending on service)
- Pension: We know it is important to save for the future, that is why we willcontribute up to 10%
- Maternity/Paternity: We realise that family time is important, we offer enhanced maternity (after successful completion of probation) and 4 weeks paternity leave
- Workations: opportunity to work abroad 20 days a year (approved list of countries) enabling you to visit family and friends or extend your trip
- Volunteering: 2 paid days to ‘give back’ to the charity of your choice
- Development: LinkedIn Learning for all
- Finance: Snoop Premium available to all colleagues
- Opportunities to connect: via quarterly socials, in-person and virtual company updates
- Medical: Opportunity to opt in forPrivate Medical Insurance
- Bonus: Discretionary annual bonus
Equal Opportunity Statement
Here at Vanquis Banking Group, we embrace everyone’s unique strengths and identities to be themselves at work. Regardless of how you identify yourself, your sexual orientation, martial or civil partner status, race, colour, nationality, ethnic or national background, faith, disability, or age – your experiences and background help enrich our teams, and most importantly help support our customers in the best way possible. At the end of the day, its our people that help us to fulfil the reason why we’re here in the first place: to help put people on a path to a better everyday life.
If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available to help. You can contact us at careers@vanquis.com
Seniority level
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Seniority level
Mid-Senior level
Employment type
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Employment type
Full-time
Job function
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Job function
Product Management
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Industries
Financial Services and Banking
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Senior Manager Savings employer: Vanquis
Contact Detail:
Vanquis Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager Savings
✨Tip Number 1
Familiarise yourself with the latest trends in financial services, particularly in savings products. Understanding how Vanquis and Snoop Savings Brands differentiate themselves in the market will help you articulate your insights during discussions.
✨Tip Number 2
Network with professionals in the financial services sector, especially those with experience in product management. Engaging with industry peers can provide valuable insights and potentially lead to referrals that enhance your application.
✨Tip Number 3
Brush up on your data analysis skills, particularly with tools like SQL and Excel. Being able to demonstrate your proficiency in these areas during interviews will show that you're ready to tackle the analytical aspects of the role.
✨Tip Number 4
Prepare to discuss your experience with regulatory compliance and consumer duty frameworks. Highlighting your understanding of these areas will be crucial, as they are integral to the role and the company's operations.
We think you need these skills to ace Senior Manager Savings
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial services, particularly in managing products similar to those at Vanquis. Use specific examples that demonstrate your ability to drive financial performance and achieve business targets.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Senior Manager Savings role. Discuss how your skills in data analysis, strategic development, and cross-functional teamwork align with the responsibilities outlined in the job description.
Highlight Relevant Skills: Emphasise your proficiency in data analysis tools like Excel and SQL, as well as your understanding of pricing and financial modelling methodologies. These skills are crucial for the role and should be clearly stated in your application.
Showcase Leadership Experience: Since the role involves significant leadership responsibilities, provide examples of your previous leadership roles or projects. Highlight your experience in strategic programme leadership and working with executive teams to showcase your capability for this position.
How to prepare for a job interview at Vanquis
✨Showcase Your Financial Expertise
Make sure to highlight your significant experience in UK financial products during the interview. Be prepared to discuss specific examples of how you've managed financial services products and contributed to business performance.
✨Demonstrate Strategic Thinking
Since this role involves strategic development, come ready to share your insights on market trends and customer behaviour. Discuss how you would articulate and execute a brand strategy over the next five years.
✨Familiarise Yourself with Regulatory Requirements
Understanding regulatory, legislative, and compliance requirements is crucial for this position. Brush up on relevant regulations in the UK financial services sector and be ready to discuss how you've navigated these in past roles.
✨Prepare for Data-Driven Discussions
Given the emphasis on data science and forecasting, be prepared to talk about your proficiency in data analysis tools like Excel or SQL. Share examples of how you've used data to drive decision-making and improve product performance.