Senior Commercial & Bridging Proposition Manager

West Midlands, England, United Kingdom

12/18/2024

About the team:

The Mortgage Product team are a proactive team that focuses on the lending proposition for the Group, looking for ways to develop new products and enter new product sectors whilst ensuring we are meeting customers' needs and expectations.

The Senior Commercial and Bridging Proposition Manager is a newly created role for someone with deep specialist sector knowledge and experience that is looking for an opportunity to have real autonomy and play a leading-role in shaping and developing the Commercial & Bridging proposition - with responsibilities ranging from ideation all the way through to market launch.

The role reports into the Head of Mortgage Proposition Development and will be key to developing and delivering innovative propositions across our Commercial and Bridging offerings. This role can be based from any of our offices and will require occasional travel between all OSB Group locations.

About us:

The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.

Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB's unique cost-efficient operating model is supported by our wholly-owned subsidiary OSB India.

Alongside passion for our products and customers, we're passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.

What you will be doing:

As Senior Commercial and Bridging Proposition Manager you will have a hands-on approach to manage activities that deliver new and enhanced Propositions, designed to achieve and optimise lending volume and margin targets in the Commercial & Bridging lending markets in line with Group objectives and commercial strategies.

Your responsibilities will include:

• Lead the end-to-end development of mortgage propositions for Commercial & Bridging lending markets, from concept through to launch, ensuring they are aligned with market trends, customer needs, and business objectives
• Lead cross-functional stakeholders across Sales, Credit Risk, Underwriting, Operations and IT to define, agree and deliver enhancements to Commercial & Bridging propositions, providing solutions that address the specific needs of the Group's target market in key Commercial & Bridging sub-segments
• Lead detailed market research and competitor analysis to identify opportunities for new products and enhancements to existing propositions in the Regulated space and use insights to shape product strategy and positioning
• Develop and execute go-to-market strategies for new and enhanced products, including pricing, positioning, and promotional activities
• Creating and presenting Governance papers and progress/ performance updates regarding Commercial & Bridging sectors to senior stakeholders at key forums
• Work with the wider Product & Proposition team to develop effective and timely MI to track and analyse the performance of Commercial & Bridging propositions

With a number of exciting opportunities in this role, you will be part of the transformation project which will create a new operating platform for the business. As the company and team grows, so should you!

In return for your commitment:

We offer a base salary dependent on location and up to £65,000 and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 15%.
• 28 days annual leave plus bank holidays.
• Contributory pension (8% employer 5% employee).
• Life Assurance (4x salary) plus Group Income Protection.
• Access to Private Medical Insurance and Medical Cash Plan.
• Maternity & Adoption Leave - Occupational Maternity/Adoption Pay provided at 100% of salary for the first 26 weeks.
• Paternity Leave - 8 weeks of paid leave to be taken within 12 months of birth or adoption.
• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme.

Could you be the one?

We are looking for talented individuals who have the experience and knowledge set out below:

• Substantial experience developing new Commercial & Bridging lending propositions with a strong track record of delivering change and driving growth in these market sectors
• Previous experience of building propositions using a combination of market, competitor, customer and staff insights
• Experience and ability to write business requirements/cases showcasing designed end-to-end journeys and develop Go-to-Market strategies
• Detailed knowledge and understanding of regulatory requirements
• Knowledge and experience of Commercial Mortgage & Bridging products, market trends, and customer needs within the UK Mortgage market, including specialist lending sector
• Strong communication skills, both written and verbal, with the ability to present complex information in a clear and concise manner with the ability to work collaboratively with cross-functional teams and influence stakeholders at all levels

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

What to do next

If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply.

If shortlisted from your initial application, we operate a personalised recruitment process. Interviews are a two-way street; we aim for them to be relevant and conversational to get the best out of you!

OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.

As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don't stop there though; we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and receive monthly updates on our progress.

Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not just productive in an office and tied to the 9 to 5. Flexible-working opportunities are important for establishing a healthy work-life balance so if you see a role of interest, we are happy to be asked about flexibility and explore together if we can make it work.

All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.

Desired Skills and Experience

proposition, product management, mortgages, commercial, bridging, lending, lending propositions, proposition manager,commercial mortgage