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Product Governance Manager

  • Location: London
  • Salary: £55,000 basic + package per year
  • Job Type:Permanent

Posted about 1 month ago

  • Sector: Compliance, Governance
  • Contact: Edward Manson
  • Contact Email: emanson@merje.com
  • Contact Phone: 0203 637 1601
  • Expiry Date: 09 January 2025
  • Job Ref: 12248
  • Flexible Working: Partially Remote

MERJE is currently working with a highly reputable discretionary wealth management business in their search for a Product Governance Manager.

You will:

  • Develop, implement, and maintain a strong product governance framework, ensuring full compliance with FCA regulations and Consumer Duty requirements.
  • Coordinate and oversee periodic reviews of existing products and services to ensure they remain suitable and compliant.
  • Oversee the process for new products and services, including conducting risk assessments, securing necessary approvals, and coordinating Central Business Cases.
  • Oversee and periodically review Target Market Assessments and Fair Value Assessments ensuring these are accurately maintained.
  • Manage and review Risk of Harms assessments, with a focus on the proper treatment of Vulnerable Clients.
  • Maintain oversight of Consumer Duty Dashboards and metrics, keeping everything in line with compliance requirements.
  • Oversee due diligence processes across the value chain, including those with asset managers and IFAs.
  • Keep an eye on regulatory developments, implementing new processes as needed to stay compliant.
  • Prepare board papers, annual attestations, and regular reports on product governance matters, including conducting peer group comparisons and competition analysis.

Experience/Skills/Qualifications:

  • Relevant Governance experience preferably gained in a wealth or investment management environment
  • In-depth knowledge of UK financial regulations, particularly Consumer Duty
  • Strong project management skills
  • Excellent communication skills, both written and verbal
  • Excellent report writing and presentation skills

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.

If you would like this job advertisement in an alternative format, please contact MERJE directly.