Product Governance Manager

Job Description

Location: Home basedSalary: £53,000 - £57,000 depending on experienceMy client specialises in providing financial services to some of the nations most trusted professions: GPs, hospital doctors, dentists and teachers.. Their success comes from a history of evolving to embrace new challenges. TRole:Support the Companys lifelong partner strategy by managing its products to provide excellent customer outcomes and improve commercial performance.Responsibilities:

• Manage the performance of the products to ensure they are meeting the current needs of customers and regulatory requirements;
• Regular and timely product reviews and value-for-money assessments using appropriate performance measures to identify improvement actions;
• Working collaboratively with other teams to ensure product performance improvement actions are completed to agreed quality standards and budget;
• Owning and delivering a well governed process for reviewing and updating product and fund literature that is customer friendly and meets regulatory requirements;
• Monitoring and responding to regulatory changes impacting product design and disclosure in a timely and proportionate manner.
• Ensuring that where relevant to our manufactured products the requirements of the FCAs consumer duty regulation is fully understood and embedded within our products.
• Owning the product development process/policy and ensuring it is followed on all relevant product development.
• Provide product management support to deliver product governance and outsourced investment administration changes resulting from the project portfolio. Manage and organise resources for your team to complete the work of the department effectively and withinbudget.
• Ensure the upcoming sustainability reporting requirements (product/fund labels etc) is delivered and compliant ahead of the relevant regulatory deadline.
• Prepare reports for the Head of Product Strategy, Chief Product Officer, Lead Product Proposition Manager, and draft Reports to the Board, Executive and various Board or Executive Committees as appropriate, accurately and within timescales.
• Complete the necessary recruitment, training and development for Product Governance.
• Work closely and effectively with the other teams in Group Finance and the rest of the business, including the Product Proposition and Product Pricing teams. Provide support to the Risk Function to enable it to meet its risk management responsibilities.
• Manage the operational risk for the team by maintaining appropriate controls, establishing detailed documentation and dealing with audit issues in a timely manner.

Skills / experience :Essential

• Knowledge of protection, investment and pension regulations;
• Product management, review or governance experience;
• Excellent communication and influencing skills;
• Excellent problem solving and business analysis skills;

Desirable

• Knowledge of regulations affecting life insurance;
• Knowledge of regulations within the fund management industry;
• Experience of working within a life office environment or similar;
• Experience in supplier performance management;
• Excellent people management and development skills;
• Excellent problem solving and business analysis skill

On offer:

• Annual salary of £53,000 - £57,000 depending on skills and experience per annum (dependent on experience), reviewed annually
• Annual Performance based Bonus
• A great pension scheme

• They operate truly flexible working - keep a healthy work-life balance with days from home and in the office - we anticipate for this role you may be in the office 1 day per month.

Reward and Recognition (The core benefits youd probably expect)

• 25 days holiday plus bank holidays (rising to 28 days with service anniversaries).
• Buy extra holiday days or sell holiday you dont need.
• Life assurance - worth four times your base pay
• Flexible benefits - includes travel loan/car parking scheme, cycle to work programme plus others
• Discounts - across major brands in retail, health, wellbeing and leisure.
• Employee assistance programme

Flexible & Inclusive (The extras):

• Culture day- an additional day off to utilise in any way you personally choose
• Volunteering days - 2 paid days per year
• Health checks - access to unlimited video GP consultations
• Enhanced Maternity Pay: 16 weeks at 100% average earnings (decreasing over time)
• Enhanced Paternity Pay: 100% of average earnings for up to 8 weeks
• Menopause Support Plans
• Access to Mental Health First Aiders
• Salary sacrifice scheme for ultra-low emission cars (electric and plug in hybrids)

This is a fantastic opportunity to join a progressive business who offer development within a supportive and positive working environment.