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Savings Analyst

Job LocationTunbridge Wells
EducationNot Mentioned
SalarySalary negotiable
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Savings Product Analyst / Financial Services1 year Fixed Term ContractFull Time - Office Hours Monday - Friday - Hybrid options available following training - Remote working with 2 days per week in West Kent office Salary - £up to 40,000 per annum depending on experienceTunbridge Wells / West Kent Excellent benefits package included.We are looking to recruit a Savings Product Analyst for our prestigious client based in the West Kent area. This role requires specialist knowledge of savings products in order to update customers of new products or changes to products.Duties of this position include:

  • Manage savings products, overseeing interest rate changes, and updating other departments
  • Notify savers about changes in interest rates, products, or terms, ensuring clear and timely communication of regulatory information
  • Maintain and update the website, including savings product, customer support, and FAQ pages
  • Develop and upkeep operating procedures and checklists to enhance efficiency within the Savings team
  • Advocate for new processes to improve quality and productivity
  • Contribute to defining and executing product strategy and new propositions
  • Support key risk, conduct, regulatory, and saver experience management initiatives
  • Stay informed about market trends, competitors, technology, and industry changes, sharing knowledge with the team
  • Ensure a thorough understanding of products, including processes, client types, commercial drivers, and regulations
  • Assist in managing risk including governance processes at launch, in-life, and end-of-life
  • Provide support for the production and changes to regulatory returns
Key Accountabilities:
  • Deliver new deposit and capital raising products or changes in line with product development framework
  • Implement changes in deposit pricing, considering capital and liquidity needs, regulatory requirements, and conduct risk standards
  • Ensure marketing material is up-to-date for existing deposits and new product launches
  • Support deposit and capital-gathering activities, building relationships with service providers and key depositors
  • Monitor trends in the UKs deposit and savings markets, identifying opportunities and making recommendations for action
  • Provide analysis and MI on new or changed savings products, aiding strategic decision-making
  • Produce, review, and maintain operating manuals, checklists, and savings literature, ensuring compliance with regulations
The successful candidate will have previous and proven experience working within Financial Services and have savings product knowledge gained within either Financial Services / Lending / Insurance Industries.You will be a self-starter, able to work to deadlines and work in line with company compliance including FCA guidelines and Anti Money Laundering frameworks.If you are interested in this role and would like to hear more, please apply with your up to date CV for consideration and further information on the process.Closing date for this role is Monday 11th March.This role is being managed by Debbie Foster and Katrina Smith - Office Angels - Tunbridge WellsOffice Angels acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. Office Angels UK is an Equal Opportunities Employer.By applying for this role your details will be submitted to Office Angels. Our Candidate Privacy Information Statement explaining how we will use your information is available on our website.Required skills
  • Savings FCA Financial Services Saving Products

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