Savings Product Manager at OneSavings Bank PLC

Wolverhampton, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

14 May, 26

Salary

45000.0

Posted On

13 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Pricing, Product Development, Implementation, Management, Stakeholder Management, Change Delivery, Process Improvement, Product Launch, Portfolio Management, Market Insight, Competitor Analysis, Risk Management, Regulatory Guidance, Consumer Duty, Efficiency Driving, Customer Experience

Industry

Financial Services

Description

About the team This is an exciting opportunity to join our Savings team, who are integral in keeping our finger on the pulse with product pricing and proposition. The role will be based in either our Chatham or Wolverhampton offices. What you will be doing? As a Savings Product Manager reporting to the Senior Savings Product Manager, you will play a key role in Driving growth and profitability of the business by ensuring pricing is aligned to key business targets for the Group’s savings brands. A proactive approach and in depth understanding of the Group’s performance is essential. You will be responsible for the development, implementation, and management of savings products and pricing across multiple markets and product lines, aiming to meet volume and margin targets while maintaining funding goals. Additionally, aiming to provide support to key stakeholders and lead conversations around change delivery. You will be focused on iterating and enhancing internal processes, driving improvements that increase the Group's agility in the Savings market and strengthen our competitive position. Your responsibilities will include; Lead the end‑to‑end launch of new product pricing, ensuring clear ownership and smooth delivery across all teams. Partner with Savings Product Managers to design, price and manage OSB Group’s savings portfolio, attracting and retaining balances at sustainable margins. Advise senior management across all OSB brands with up‑to‑date insight on the savings market and competitor activity. Ensure all products deliver good customer outcomes and meet Consumer Duty requirements. Monitor market positioning and intelligence to recommend pricing actions, highlight risks early and support informed decision‑making across the business. Carry out robust analysis and reviews as required to contribute to papers that support the delivery of proposed strategic activity Act as the savings subject‑matter expert, including regulatory guidance such as Consumer Duty, and take ownership of ongoing development. Identify and recommend product or process improvements that drive efficiency, growth, margin, customer reach and overall customer experience. What's in it for you? We offer a base salary dependent on experience of between £38000 - £45000 and a competitive benefits package including: Enhanced family-focused benefits Hybrid-working (3 days in office, 2 days from home) Annual discretionary bonus scheme Please use this link to see the fantastic benefits available at OSB: OSB Careers About us At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become ‘the bank of the future’. Our commitment to professional development, flexible working, and employee well-being fosters a dynamic and supportive workplace. Do you have the skills? We are looking for talented individuals who have the experience and knowledge set out below: Essential experience in a savings product or pricing role, ideally across large multi‑brand savings books with varied products and customer types. Proven track record of cross‑departmental delivery in a fast‑paced environment. Strong working knowledge of the UK savings market and customer needs. Robust understanding of the wider savings industry. Solid understanding of the regulatory landscape, including Consumer Duty and BCOBs. Next steps If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply. Still on the fence? Hear from our team or explore our process: OSB Careers Shortlisted candidates will go through a personalised recruitment process, that is relevant and conversational – inclusive any individual reasonable support required. We want to bring out the best in you! Diversity, Equity & Inclusion Not sure if you meet the spec? Let us decide. Research tells us that those from marginalised groups feel like they need to meet 100% of the criteria to apply. Here at OSB, we are committed to inclusivity and understand the value different experiences and perspectives can bring, so please don’t feel like you need to check every box to apply for a role internally. We champion diversity at all levels, with Board-level Diversity Champions tracking our progress. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.

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Responsibilities

The Savings Product Manager will drive business growth and profitability by aligning pricing with key business targets across multiple markets and product lines, aiming to meet volume and margin goals. Responsibilities include leading end-to-end new product pricing launches, advising senior management on market insights, and ensuring products meet Consumer Duty requirements.