Product Analyst in West Bromwich

Product Analyst in West Bromwich

West Bromwich Full-Time 24000 - 36000 £ / year (est.) No home office possible
W

At a Glance

  • Tasks: Join us as a Product Analyst to shape mortgage and savings products for our customers.
  • Company: The West Brom is a supportive building society focused on customer impact and employee growth.
  • Benefits: Enjoy hybrid working, generous holiday, private medical insurance, and a range of perks.
  • Why this job: Make a real difference while developing your skills in a collaborative and inclusive environment.
  • Qualifications: A passion for learning, analytical skills, and proficiency in Microsoft Office are key.
  • Other info: We value diversity and encourage all backgrounds to apply, offering guaranteed interviews for disabled applicants.

The predicted salary is between 24000 - 36000 £ per year.

Are you a motivated and passionate individual who wants to make a real impact for customers? If so, the Product Analyst may be for you.

In this role you will learn all about product development and management, playing an integral part in ensuring the Society's mortgage and savings product ranges meet the needs of our customers and deliver good customer outcomes, whilst also delivering key business objectives within risk appetites. You will work with colleagues across the business and will have the opportunity to present to senior leadership.

What the role will look like:

  • Monitor and analyse performance of mortgage and savings products and propositions, tailoring how information is presented so that it is suitable for various audiences.
  • Track and analyse competitor activity and provide up to date market insights to support product pricing decisions and proposition development.
  • Develop new business and retention pricing proposals for mortgage and savings product ranges.
  • Use a range of Excel-based financial models to support your decision-making and recommendations.
  • Identify and manage risks (financial, conduct and operational) within the product range and ensure compliance with regulation and internal frameworks and processes throughout the product lifecycle.
  • Ensure good customer outcomes are delivered by putting the customer at the heart of everything you do.
  • Present your proposals to Product Consideration Group (PCG) and take minutes of this and other Committees, as required.
  • Effectively communicate with internal and external stakeholders on all things related to Product.
  • Become a Product expert, sharing knowledge and providing support and guidance to colleagues across the business.

What you will bring to the role:

  • A good understanding of mortgage and savings products, and what customers need from these.
  • Numerate, analytically minded and the ability to use logic to solve problems.
  • Good working knowledge/practical skills of Microsoft Office software, specifically PowerPoint to create engaging presentations and Excel to manipulate data using a range of formulas.
  • Strong communication skills, both verbal and written, with an ability to tailor your style to be appropriate for different audiences.
  • High level of attention to detail.
  • Highly organised and able to prioritise.
  • A passion to learn all about products.

We Value a diverse range of skills and experiences here at the West Brom. So even if you don't meet every single requirement listed in the job description but are passionate about the role, we still encourage you to apply.

What's in it for you:

  • We pride ourselves on our development opportunities and always look to promote from within wherever possible.
  • Holiday starting at 175 hours (25 days) plus bank holidays that grow with your time with us and the opportunity to buy or sell up to 5 days holiday each year.
  • 2 paid volunteering days a year.
  • Living Pensions: Pension scheme starting at 5% contribution from you and 7% contribution from us, and we'll match your further contributions up to 10.6%.
  • Enhanced maternity, paternity and adoption leave with paid fertility treatment, neonatal and pregnancy loss leave.
  • Life assurance provided by the Society at 4 times your salary.
  • Yearly performance related pay scheme and pay review.
  • Private medical insurance that's discounted when your time with us grows, with the option to include family members.
  • Salary Sacrifice Electric/Hybrid Car Scheme.
  • A Perkbox account giving you 24/7 access to perks, benefits, discounts, wellbeing tools and loads more!
  • And much more, from flexible working options, wellbeing support and a whole heap of warm West Bromness.

Why choose the West Brom?

At the West Brom we appreciate that our employees are unique individuals with differing needs depending on their specific circumstances and stages in life. When we say our people are the West Brom's biggest asset that doesn't mean just viewing them as employees. We are proud of our heritage and absolutely believe that the West Brom is a great place to work.

We're a Disability Confident Leader and encourage disabled applicants and all from diverse backgrounds to apply. We'll do what we can to adjust our recruitment journey and offer a guaranteed interview to disabled applicants who meet what we're looking for. If you need any support with applying to one of our roles, get in touch.

*Please note: We reserve the right to withdraw our adverts earlier than the original published expiry date, therefore if you are interested please submit your application as soon as possible.*

Head Office: 2 Providence Place West Bromwich B70 8AF. The West Brom is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Register no. 104877. The West Brom is a trading name of West Bromwich Building Society.

Product Analyst in West Bromwich employer: West Bromwich Building Society

At the West Brom, we pride ourselves on being an exceptional employer, offering a supportive and inclusive work culture that values individual contributions. Located in West Bromwich, our hybrid working model allows for flexibility while fostering collaboration across teams, ensuring you can make a meaningful impact on our customers' lives. With a strong focus on employee development, generous benefits including enhanced leave options, and a commitment to promoting from within, we provide a rewarding environment where your career can thrive.
W

Contact Detail:

West Bromwich Building Society Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Analyst in West Bromwich

✨Tip Number 1

Familiarise yourself with the mortgage and savings products offered by the West Brom. Understanding their features, benefits, and customer needs will help you demonstrate your knowledge during interviews and discussions.

✨Tip Number 2

Brush up on your Excel skills, especially in using financial models and data manipulation. Being able to showcase your analytical abilities with real examples can set you apart from other candidates.

✨Tip Number 3

Prepare to discuss how you would approach competitor analysis and market insights. Think of specific strategies or tools you could use to track competitor activity and how that information could influence product development.

✨Tip Number 4

Practice your presentation skills, particularly using PowerPoint. Since you'll be presenting to senior leadership, being able to create engaging presentations and communicate effectively is crucial for this role.

We think you need these skills to ace Product Analyst in West Bromwich

Understanding of mortgage and savings products
Analytical Skills
Numerical Proficiency
Problem-Solving Skills
Microsoft Excel (advanced formulas and data manipulation)
Microsoft PowerPoint (presentation creation)
Attention to Detail
Organisational Skills
Communication Skills (verbal and written)
Ability to tailor communication for different audiences
Market Analysis
Risk Management
Customer-Centric Approach
Presentation Skills
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Product Analyst role. Emphasise your analytical abilities, knowledge of mortgage and savings products, and any experience with Excel and PowerPoint.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific examples of how your skills can contribute to the team and how you can help deliver good customer outcomes.

Highlight Communication Skills: Since strong communication is key for this role, provide examples in your application that demonstrate your ability to communicate effectively with different audiences, both verbally and in writing.

Show Enthusiasm for Learning: Express your eagerness to learn about product development and management. Mention any relevant courses or self-study you've undertaken that shows your commitment to growing in this field.

How to prepare for a job interview at West Bromwich Building Society

✨Understand the Product Landscape

Before your interview, make sure you have a solid understanding of mortgage and savings products. Research current trends and customer needs in this area to demonstrate your knowledge and passion for the role.

✨Showcase Your Analytical Skills

Be prepared to discuss how you've used data analysis in previous roles. Highlight your experience with Excel and any financial models you've worked with, as these skills are crucial for the Product Analyst position.

✨Tailor Your Communication Style

Since you'll be presenting to various audiences, practice adapting your communication style. Think about how you can explain complex information clearly and concisely, especially when discussing product performance or market insights.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities and risk management skills. Prepare examples from your past experiences where you identified risks and implemented solutions, showcasing your attention to detail and organisational skills.

Product Analyst in West Bromwich
West Bromwich Building Society
W
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>