Lending Product Development Manager overseeing development and launch of consumer lending products. Collaborating with multiple departments and driving product performance post-launch.
Responsibilities
The role focuses on developing and launching lending products, mainly in consumer lending area.
Reporting to Head of Lending, the role holder works closely with Digital Personal Banking, Business Banking, Credit Risk, Legal, Compliance, Project Management Office, Information Technology and other relevant departments of the Bank and the Group.
Responsible for end-to-end journey of preparing and overseeing introduction and management of new lending products.
Drive preparations for introduction of the assigned lending product and oversee the launch.
Work closely with Business heads to drive origination. Take ownership of your product P&L.
Monitor product performance through existing and new reports, customer feedback, media and other sources.
Conduct post-implementation review.
Monitor risk reports and collaborate with Bank and Group stakeholders in managing risks.
Requirements
Direct hands-on experience in launching lending products in UK market - preferably in consumer loans, mortgages, credit cards space - is a must.
Experience in preparing documentation for Variation of Permission application to the Regulator and achieving positive approval outcome is a strong plus.
Experience in building underwriting decisioning engine for consumer lending is a strong plus.
Comfortable operating in a high-pace and complex environment requiring stepping out of comfort zone.
Proven analytical, research and problem-solving skills.
Bachelor’s or Master’s degree preferably in business, finance, marketing or computer science.
Advanced knowledge of MS Office.
High attention to detail.
Strong work ethics.
Benefits
25 days annual leave entitlement plus 8 bank holidays
Pension scheme, 4% employer contribution
Private Medical Insurance
60-40 Hybrid working after successful probation period
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