At a Glance
- Tasks: Analyse product performance and customer behaviours to drive insights and optimise offerings.
- Company: Join Virgin Money, a forward-thinking bank committed to fairer banking for all.
- Benefits: Enjoy 25 days holiday, private medical insurance, and a competitive pension plan.
- Why this job: Make a real impact in banking while developing your analytical skills in a dynamic team.
- Qualifications: Strong analytical skills and a background in data or finance are essential.
- Other info: Flexible working options and opportunities for career growth await you.
The predicted salary is between 31600 - 39500 £ per year.
Overview
Business Unit: Business Banking
Salary range: £31,600- £39,500 per annum DOE + Benefits
Location: UK Hybrid - Glasgow, Leeds, Newcastle - With occasional requirement to meet in our Glasgow hub
Contract type: Permanent
Our Team
We operate on an end-to-end model, responsible for product and proposition development, portfolio and performance management, customer experience, relationship management alongside development and maintenance of business banking technology.
An exciting opportunity has arisen to join our dynamic, innovative and growing Business Transactional Products team as a Senior Product Analyst. The Transactional Products team are responsible for strategic vision, ongoing evolution, and delivery of Transactional Products, including business current accounts, business savings products and the business credit card.
In this fast-paced environment, you will support our Business Product Managers by providing insight into our product performance and customer behaviours, supporting the management of our suite of Business Transactional Products and identifying opportunities to improve, enhance and optimise our business propositions.
What you’ll be doing
- Performing analysis and providing insight on the performance and behaviours of our products, enabling us to understand and optimise our portfolio, driving commercial performance.
- Providing analytical support to the team, contributing to the management of our existing products, supporting the development of new products and using insight to drive customer journey enhancements.
- Supporting the product review cycle, ensuring our products are safe, compliant and adhere to policy, preventing potential customer harms and providing fair value to customers.
- Supporting Relationship Managers and the wider business with queries relating to Business Transactional Products.
- Product task management and analysis to support regulatory and internal reporting requirements.
- Supporting Business Product Managers with ad-hoc pieces of analysis to deliver wider team priorities.
We need you to have
- Strong data and analytical skills and a mindset that enjoys solving problems.
- Background in data or an analytical role or a degree in a relevant subject.
- Ideally experience in Financial Services or alternatively in Insurance, Technology, Telecoms or Utilities.
- A good understanding of the UK financial services market.
- A desire to develop and get involved in a variety of complex and interesting initiatives.
- Able to use data to drive insights, recommendations and actions.
- Able to roll your sleeves up and get stuck into the detail, being comfortable that your analysis will drive and support decision-making across the team.
- Experience in balancing multiple objectives and priorities.
- Strong communication skills and able to effectively present insight.
It’s a bonus if you have but not essential
- Business Banking experience
- Experience in Power BI or SAS
- Presentation and report writing skills.
Red Hot Rewards
- 25 days holiday per year, increasing over time to 30. Plus, an option to buy more.
- Private medical insurance
- A highly competitive pension to help you build a strong foundation for retirement
- Access to an annual performance-related bonus
- Training and development to help you progress your career
- A great selection of additional benefits through our flexible benefits scheme
- Life assurance to provide peace of mind for you and your loved ones
- Up to 2 days of paid volunteering a year
If we receive a lot of interest, we may close the advert early. Please ensure to submit your applications as soon as possible.
Say hello to Virgin Money
Virgin Money is so much more than just a bank. As part of the Nationwide group, together we’re the UK’s first full-service mutual bank serving millions of retail and business customers.
Be yourself at Virgin Money
At Virgin Money, we celebrate everyone. We have fun, think big, and relentlessly include each other, all in pursuit of our purpose: Banking - but fairer, more rewarding, and for the good of society.
As a Disability Confident Leader, we’re committed to removing any obstacles to inclusion. If you need any reasonable adjustments or support making your application, contact our Talent Acquisition team.
Please note: If we receive a high volume of eligible applications, we may need to prioritise candidates whose skills and experience most closely align with the role.
Now the legal bit
We’re in the process of bringing Virgin Money and Nationwide together which, subject to Court approval, will happen on 2 April 2026.
If you’re successful in securing a role with us, your employment will move automatically to Nationwide when this transfer goes ahead.
If you’re successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years’ worth of satisfactory references.
Senior Product Analyst in Newcastle upon Tyne employer: Virgin Money UK
Contact Detail:
Virgin Money UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Product Analyst in Newcastle upon Tyne
✨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 values and how they align with your own. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your analytical skills! Since this role is all about data, brush up on your ability to interpret and present insights. Use mock interviews to showcase how you can turn data into actionable recommendations.
✨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 you’re serious about joining our mission to make banking fairer and more rewarding.
We think you need these skills to ace Senior Product Analyst in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Product Analyst role. Highlight your data and analytical skills, and any relevant experience in financial services. We want to see how your background aligns with our mission of making banking fairer!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Don’t forget to mention any specific projects or experiences that showcase your problem-solving abilities.
Showcase Your Analytical Skills: In your application, be sure to include examples of how you've used data to drive insights and recommendations in previous roles. We love candidates who can roll up their sleeves and get into the detail, so let us know how you've done this before!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Virgin Money UK
✨Know Your Numbers
As a Senior Product Analyst, you'll be expected to have strong data and analytical skills. Brush up on key metrics related to product performance and customer behaviours. Be ready to discuss how you've used data to drive insights in your previous roles.
✨Understand the Market
Familiarise yourself with the UK financial services market, especially in relation to business banking. Research current trends and challenges in the sector, and think about how they might impact the role you're applying for. This will show your genuine interest and understanding of the industry.
✨Prepare for Scenario Questions
Expect questions that ask you to solve problems or analyse situations. Prepare examples from your past experience where you've successfully managed multiple objectives or provided analytical support. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice presenting your insights clearly and concisely. You might even want to prepare a short presentation on a relevant topic to showcase your ability to convey complex information effectively during the interview.