Savings Product Analyst

Savings Product Analyst

Salary: £30,000 per annum

Hours: 35 hours per week

Contract: Permanent

Location: Hybrid (Office: West Bromwich)

Are you a motivated and passionate individual who wants to make a real impact helping people to grow and make the most of their cash savings? If so, the Savings Product Analyst role may be for you.

Here at the West Bromwich Building Society we are all about making a you-shaped career. We understand it’s not always easy juggling your career with all the important things outside of work. But with the right opportunities and support we can help you build a career that works for you.

As a Savings Analyst In this role you will play an integral part in ensuring the Society’s savings product ranges meet the needs of our customers and deliver good customer outcomes, whilst also delivering key business objectives within risk appetites.

What the role will look like

• Tracking and analysing competitor activity to ensure market positions are achieved/maintained as per business needs.
• Monitoring and analysing performance of existing savings products to identify opportunities to change pricing and/or introduce new products and propositions to support delivery of the Society’s savings targets.
• Presenting your proposals to committees attended by senior leaders and executives and take minutes of these committees as required.
• Identifying and managing associated risks and ensuring products are compliant with regulation and internal frameworks throughout the product lifecycle.
• Ownership of savings product procedures to drive efficiency and effectiveness improvements.
• Supporting the Senior Product Manager to deliver the Savings Plan and new savings propositions.
• Becoming a savings product expert, sharing knowledge and providing support and guidance to colleagues across the business.
• Delivering good customer outcomes by putting the customer at the heart of everything you do.

For more information about the role, please refer to the job description attached at the bottom of the advert

What you will bring to the role

• A basic understanding of savings products, and what customers need from these.
• Strong analytical skills and the ability to extract and interpret data to inform decision making.
• Strong communication skills, both verbal and written, with an ability to tailor your style to be appropriate for difference audiences.
• Good working knowledge/practical skills of Microsoft Office software, specifically PowerPoint and Excel.
• A passion to help customers become financially resilient by building their savings.

Desirable but not essential

• Previous experience working in savings in the UK market.
• Graduate-level (or equivalent) education in a relevant field, such as finance, economics, marketing, or data/business analytics.
• Familiarity with Power Bi.

We Value a diverse range of skills and experiences here at the West Brom. So even if you don't meet every single requirement listed in the job description but are passionate about the role, we still encourage you to apply.

What's in it for you

• We pride ourselves on our development opportunities and always look to promote from within wherever possible,
• Holiday starting at 175 hours (25 days) plus bank holidays that grow with your time with us and the opportunity to buy or sell up to 5 days holiday each year,
• 2 paid volunteering days a year,
• Living Pensions: Pension scheme starting at 5% contribution from you and 7% contribution from us, and we’ll match your further contributions up to 10.6%
• Enhanced maternity, paternity and adoption leave with paid fertility treatment, neonatal and pregnancy loss leave,
• Life assurance provided by the Society at 4 times your salary,
• Yearly performance related pay scheme and pay review,
• Private medical insurance that’s discounted when your time with us grows, with the option to include family members,
• Salary Sacrifice Electric/Hybrid Car Scheme,
• A Perkbox account – giving you 24/7 access to perks, benefits, discounts, wellbeing tools and loads more!
• And much more, from flexible working options, wellbeing support and a whole heap of warm West Bromness.

Why choose the West Brom?

At the West Brom we appreciate that our employees are unique individuals with differing needs depending on their specific circumstances and stages in life. When we say our people are the West Brom’s biggest asset that doesn’t mean just viewing them as employees. We’re proud of our heritage and absolutely believe that the West Brom is a great place to work. Our employers are the heart of bringing our new vision to life- where our customers and communities own a more secure future. Everyday, through the work they do together and the care they show, they’re helping turn that vision into real and lasting.

We’re a Disability Confident Leader and encourage disabled applicants and all from diverse backgrounds to apply. We’ll do what we can to adjust our recruitment journey and offer a guaranteed interview to disabled applicants who meet what we’re looking for. If you need any support with applying to one of our roles, get in touch at ***email_hidden***.

Do it today and click apply!

*Please note – We reserve the right to withdraw our adverts earlier than the original published expiry date, therefore if you are interested please submit your application as soon as possible*

Head Office: 2 Providence Place West Bromwich B70 8AF. www.westbrom.co.uk The West Brom is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Register no. 104877. ‘the West Brom’ is a trading name of West Bromwich Building Society.