Product Governance Manager - Scotland, United Kingdom - Resource Matters Ltd

Resource Matters Ltd

Verified Company

Scotland, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Location:
Home based

Salary:
£53,000 - £57,000 depending on experience

My client specialises in providing financial services to some of the nation's most trusted professions: GPs, hospital doctors, dentists and teachers. Their_ success comes from a history of evolving to embrace new challenges. T_

Role:

Support the Company's '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 valueformoney 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 FCA's 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 worklife 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 you'd probably expect)

25 days holiday plus bank holidays (rising to 28 days with service anniversaries).
Buy extra holiday days or sell holiday you don't 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):