Senior Product Analyst

Senior Product Analyst

Manchester Full-Time 31600 - 39500 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse product performance and customer behaviours to optimise business banking products.
  • Company: Join Virgin Money, a dynamic and inclusive company focused on fair banking for all.
  • Benefits: Enjoy a competitive salary, hybrid work options, and a supportive team culture.
  • Why this job: Be part of a fast-paced team driving innovation in business banking with real social impact.
  • Qualifications: Strong analytical skills, a background in Financial Services, and a passion for problem-solving required.
  • Other info: We celebrate diversity and are committed to creating an inclusive workplace.

The predicted salary is between 31600 - 39500 £ per year.

Business Unit:  Business Banking Salary range: £31,600- £39,500 per annum DOE + benefits  Location:  Hybrid – With occasional requirement to meet in Glasgow hub Contract type: Permanent   Our Team An exciting opportunity to join our dynamic, innovative and growing Business Transactional Products team. At the forefront of Business Banking commercial performance and proposition development, 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’ll 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 current account, savings and credit card propositions. What you’ll be doing Performing analysis and providing insight on the performance and behaviours of our Transactional products, enabling us to understand and optimise our portfolio of products, driving commercial performance. Providing analytical support to Business Product Managers in the management of our products and supporting product development and enhancements. Supporting the product review cycle, ensuring our products are safe, compliant and policy, procedures and processes are aligned for colleagues and business customers, preventing potential customer harms and providing fair value to customers. Supporting colleagues throughout Business Bank to adhere to product requirements, policies and procedures to prevent potential customer harms and provide fair value to customers. Management of the Business Current Account mailboxes, supporting Relationship Managers and the wider business with queries relating to Transactional Products. BAU product task management and analysis to support whilst undertaking the necessary analysis to support regulatory and internal reporting requirements. Supporting Product Managers with ad-hoc pieces of work to deliver wider team priorities. We need you to have Strong excel / data skills and an analytical mindset that enjoys solving problems. A strong desire to develop and get involved in a variety of complex and interesting initiatives. Able to roll your sleeves up and get stuck into loads of detail, being comfortable that the judgements we ask you to make impact a lot of customers and some big values. Experience in balancing multiple objectives and managing a wide range of priorities and demands. Background in Financial Services or a relevant degree. Understanding of the UK financial services market. It’s a bonus if you have but not essential Knowledge of business products and/or processes. Experience collaborating and networking with other areas of Virgin Money Presentation and report writing skills. Knowledge of VM systems and processes in relation to people, outcomes, sales, risk and credit. 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.  We’re committed to creating an inclusive culture where colleagues feel safe and inspired to contribute, speak up and be heard.     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, while still ensuring fair and equitable consideration for all applicants. Now the legal bit  Although some of our roles allow you to be based anywhere in the UK, we\’ll need you to confirm you have the right to work in the UK.   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. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks – we\’ll ask for six years of regulatory references, and once in the role, you\’ll be subject to periodic employment checks

Senior Product Analyst employer: Virgin Money

At Virgin Money, we pride ourselves on being an excellent employer, offering a vibrant and inclusive work culture that fosters innovation and collaboration. Our hybrid working model allows for flexibility while our Glasgow hub serves as a dynamic meeting point for team synergy. With a strong commitment to employee growth, we provide numerous opportunities for professional development, ensuring that our team members can thrive in their careers while contributing to our mission of fairer banking for all.
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Contact Detail:

Virgin Money Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Product Analyst

✨Tip Number 1

Familiarise yourself with the latest trends in the UK financial services market. Understanding the competitive landscape and emerging products will help you demonstrate your analytical mindset and insight during discussions.

✨Tip Number 2

Network with professionals in the financial services sector, especially those involved in product management. Engaging with others can provide valuable insights into the role and may even lead to referrals.

✨Tip Number 3

Brush up on your Excel skills, particularly in data analysis and reporting. Being able to showcase your proficiency in handling complex data sets will set you apart from other candidates.

✨Tip Number 4

Prepare to discuss specific examples of how you've previously supported product development or enhancements. Highlighting your experience in managing multiple priorities will show that you're ready for the fast-paced environment at Virgin Money.

We think you need these skills to ace Senior Product Analyst

Strong Excel Skills
Data Analysis
Analytical Mindset
Problem-Solving Skills
Understanding of UK Financial Services Market
Product Management
Attention to Detail
Ability to Manage Multiple Priorities
Communication Skills
Report Writing Skills
Collaboration and Networking Skills
Knowledge of Business Products and Processes
Regulatory Compliance Awareness
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Senior Product Analyst role. Focus on your analytical skills, experience in financial services, and any specific achievements related to product performance.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your understanding of the UK financial services market and how your background makes you a great fit for the Business Transactional Products team.

Highlight Analytical Skills: In your application, emphasise your strong Excel and data analysis skills. Provide examples of how you've used these skills to solve problems or improve product performance in previous roles.

Showcase Team Collaboration: Demonstrate your ability to work collaboratively by mentioning any past experiences where you supported colleagues or worked across teams. This is particularly important as the role involves supporting Product Managers and other stakeholders.

How to prepare for a job interview at Virgin Money

✨Showcase Your Analytical Skills

As a Senior Product Analyst, your analytical mindset is crucial. Be prepared to discuss specific examples of how you've used data analysis to drive product performance or customer insights in previous roles.

✨Understand the Financial Services Landscape

Familiarise yourself with the UK financial services market and the specific products mentioned in the job description. Demonstrating knowledge about business current accounts, savings products, and credit cards will show your genuine interest in the role.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities and how you handle multiple priorities. Think of scenarios where you've successfully managed competing demands and be ready to explain your thought process.

✨Emphasise Collaboration and Communication

Highlight your experience in collaborating with different teams and stakeholders. Since the role involves supporting Product Managers and Relationship Managers, showcasing your communication skills will be key to demonstrating your fit for the team.

Senior Product Analyst
Virgin Money
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  • Senior Product Analyst

    Manchester
    Full-Time
    31600 - 39500 £ / year (est.)

    Application deadline: 2027-08-08

  • V

    Virgin Money

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