Product Analyst - Equity Release Mortgages

Salary: £25-35k depending on skills and experience plus bonus and benefits package
Location: Leeds, LS15
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Reports To

Head of Product

Location

Thorpe Park, Leeds 15, with office and home working available.

Hours of Work

37.5 hours per week (hours of work will be flexible and dictated by the needs of the business, therefore it is expected that the successful applicant will work those hours necessary to successfully discharge the duties of the role).

Benefits

  • 25 days holiday with the option to buy or sell up to 5 days holiday per year
  • Birthday off
  • Monthly bonus scheme
  • Cash healthcare plan
  • Auto enrolment pension scheme
  • Learning & Development programme
  • Life assurance
  • Flexible working options
  • Volunteering days
  • Gym discounts

The Role

Overview

A unique opportunity to join a leading specialist mortgage lender based in Leeds working in a pivotal role, central to the future growth of the business and the market. The Product Analyst will support the Product Managers to develop and implement new products and propositions, and manage existing products, including market pricing insight, repricing, product lifecycle governance and develop funder relations for equity release mortgage products.

Key Outputs

  • Product analysis & pricing MI – Develop insightful MI and analysis to support the development of new products and the management of existing product propositions.
  • Retail pricing decisions – Develop deep market pricing insight and knowledge of mortgage funding to identify retail pricing opportunities, present pricing recommendations to funder partners and secure competitive pricing decisions.
  • Retail price changes – Deliver prompt and accurate price changes by managing the end-to-end delivery of retail repricing, including specification, development, testing and coordinating market communications.
  • Product sourcing – Ensure the accurate delivery of products, retail pricing and quotes (Key Facts Illustrations) to professional advisers via market sourcing platforms and optimise the sourcing outcomes for commercial gain
  • Product literature – Ensure existing product literature remains accurate at all times through approval of the relevant product content.
  • Financial promotions – Approve relevant product content in customer facing materials in accordance with MCOB 3A "Financial promotions and communications with customers" ensuring materials are fair, clear and not misleading, at all times.
  • Funder relationships – Develop exceptional funder relationships through communication, developing understanding, by building trust and demonstrating our market expertise to maximise the funding opportunity and deliver the best commercial outcomes.

This job description is not exhaustive and serves only as a broad outline of the duties required. This job description may be amended as necessary.

The Person

Overview

A well organised and creative individual, who enjoys problem solving, with strong analytical skills, good commercial acumen and exceptional communication. The role would suit a graduate (or similar) seeking to develop a career in financial services or an individual who has experience in a similar role within the financial services industry.

Skills & Experience

Mandatory

  • Analytical with the ability to understand and interpret data.
  • Highly numerate, with strong Microsoft Excel skills.
  • Well organised with the capacity to handle multiple deadlines.
  • Exceptional communication skills both written and verbal.
  • The ability to author presentations and reports.

Desirable

  • Previous experience in a similar role within the financial services industry is not required but would be advantageous.
  • Exposure to Equity Release Mortgages (ERMs), an understanding of ERM funding and manufacturing is not required but would be advantageous.

Qualifications

Mandatory

  • Educated to A Level standard or equivalent

Desirable

  • Educated to degree level with a Business, finance, analytical or numerate subject preferred.

This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.