The Business
If you possess good commercial awareness and a flare for product management, this is an opportunity to take on a role with great scope for development in our Trade & Working Capital team in Commercial & Private Banking (CPB). You will have responsibility for a defined set of Trade Services products and you will be managing the complete life cycle for the product set. You will have a great platform to hone your product management expertise, as you help us shape a robust and innovative product strategy, which resonates with our customers and responds to their changing needs.
Our priority in Commercial & Private Banking (CPB) is to deepen our relationships with commercial clients and open up new opportunities for them. As the number one bank for small and medium-sized enterprises in the UK, we have a strong foundation to build on. By incorporating our market-leading wealth management franchises, we can also connect successful entrepreneurs with our leading private bankers.
In Trade & Working Capital we are responsible for the end to end delivery of the Trade & Working Capital products to the whole spectrum of RBS’ business customers: from SMEs who are just starting out, right up to multinational corporations. We help our customers finance their businesses in a quickly changing commercial and technological world, and we are committed to changing too, to keep pace with their varied banking needs.
What you'll do
You will have responsibility for the design and development of a specific set of Trade Services products, with the view to delivering a simple, integrated and responsive customer experience, that clearly sets our business apart. This will involve managing the complete product life cycle. You'll be overseeing the commercial and operational performance of existing products, decommissioning products when the time is right, and driving the development of new products that respond to market patterns and meet our customers' diverse and evolving needs.
You will be working with colleagues in the Trade & Working Capital team, as well as Coverage, Origination and Digital teams, to determine product strategy and ensure delivery against agreed balance sheet targets for our products.
For both new and existing products, you will be defining pricing frameworks and strategies, as well as ensuring regulatory compliance across the defined product suite. You will also be adopting a proactive approach to risk management, ensuring that robust mechanisms are in place to identify, report, manage and mitigate risk within your area of responsibility.
Line manager responsibilities
You will manage a team of 1 or 2 product managers who will be dedicated to Trade Services products.
What you'll bring
We are looking for a highly motivated individual with good commercial and financial acumen and the determination to make a difference for our customers. You'll need product management experience, and you'll have the ability to develop and deliver innovative products which are tailored to meet both customer and business needs. A detailed knowledge of the Trade Services product set is essential together with a good knowledge of the ICC international rules for the products.
You will have experience of supporting high quality, complex projects, and working effectively across business units and functions, while managing risks, issues, stakeholders and governance requirements. As a key part of this, you will be an assured communicator, able to talk convincingly about both the practical details and wider goals involved in product management strategy. You will be able to build trusting and productive relationships with a wide range of colleagues across our business, and you'll also possess the developing strategic vision to make a real contribution to our Trade Services product proposition.
How we'll reward you
In return, we offer a competitive salary plus 30% cash and benefit funding programme that can be tailored to suit your individual needs. In addition, we provide a wide selection of exclusive lifestyle offers, development and learning programmes, services and support designed to help you manage and balance your work/life priorities. For more information on our benefits, please visit our website .
At RBS, we want everyone to feel welcome. That’s why we want you to know that we will work with you to make the application process as smooth as possible. So please just let us know if you need any adjustments or support – we will do whatever we can to help.
If we offer you a job, we’ll discuss with you how we can help set you up for success, including by making adjustments to your working environment if required.
If you're a new joiner to the bank, please note that we carry out a credit check as part of our referencing process.
If you are experiencing any technical issues when applying for this role, please refer to our FAQ section for assistance.
At RBS, we are focused on becoming the UK’s number one bank for trust, customer service and advocacy by 2020. We are simplifying our business, concentrating on the areas where we can lead the market, and placing our customers at the heart of everything we do.
Industry
Banking
Employment type
Full-time
Experience
Not Applicable
Job function
Product Management
