As the Product Manager – Regulated Lending (6 months fixed term contract), you will be at the forefront of transforming the way borrowers access funding. You will lead a cross-functional team to deliver the Bank’s first regulated lending product and enable faster, better, more transparent lending decisions for our customers.
Reporting to the Head of Product, you’ll own the delivery and launch of this new product, ensuring it meets customer/broker needs, complies with regulatory standards, and drives business growth. You’ll work with senior stakeholders across Recognise and third-party technology providers to deliver our ongoing MVP build, pilot and full launch, then shape future phases to iteratively improve the product.
Key Responsibilities
- Lead product development for a new Regulated Bridging product
- Work closely with the project Business Analyst to translate business requirements into clear product specifications and user stories
- Partner with engineering and third‑party platform providers to ensure requirements are understood, edge cases are designed for, and solutions are delivered on time and to standard
- Document and communicate progress, risks, decisions and trade‑offs clearly to stakeholders, ensuring alignment across the programme.
- Support readiness for launch by coordinating UAT, operational process design, broker onboarding, and internal training.
- Use broker, borrower and market insights to refine our MVP scope and pilot design, while shaping the roadmap for future phases.
- Work with ExCo, Risk, Compliance, Credit and Operations to shape the product and processes, ensure regulatory alignment (including MCOB and Consumer Duty), and mitigate risks throughout development.
- Be the central point of coordination between internal teams and external vendors (including Mambu, nCino and other technology partners) to ensure smooth, integrated delivery.
- Collaborate with marketing, distribution and partnerships teams to design and support broker engagement, pilot execution and go‑to‑market activities.
- Define and track success metrics and KPIs for the MVP, pilot and full launch – including operational efficiency, decisioning speed, customer outcomes, conversion and broker satisfaction.
- Identify opportunities to optimise processes, platform functionality and user journeys as part of post‑launch iterations and future roadmap phases.
- Read and follow all relevant company policies and procedures
- Adhere to all risk-related responsibilities applicable to your role, as set out in the Risk Management Policy
- Abide by all compliance and financial crime related policies, procedures and reporting obligations applicable to your role
Discovery & delivery
Collaboration & coordination
Performance & optimisation
Corporate Responsibilities
Required Skills & Experience
- 4+ years in Product within Regulated Lending at a bank or fintech
- Leading cross-functional teams to launch and grow products that have solved customer problems and delivered measurable business outcomes
- In-depth knowledge of customer/broker needs in the specialist property lending market, including Regulated Bridging
- Collaborating with commercial, credit and operational teams to deliver seamless lending experiences
- Working within a regulated environment, ensuring compliance with Consumer Duty, MCOB and other relevant regulations
- Working with Mambu, nCino or similar banking platforms
Skills Required
- 4+ years in Product within Regulated Lending at a bank or fintech
- Leading cross-functional teams to launch and grow products
- In-depth knowledge of customer/broker needs in the specialist property lending market
- Experience collaborating with commercial, credit and operational teams
- Experience within a regulated environment, ensuring compliance with relevant regulations
- Working with Mambu, nCino or similar banking platforms
What We Do
Recognise Bank was founded in 2017 by experienced business owners who recognised the disconnect between traditional business banking and the needs of modern SMEs. We were frustrated with the lack of understanding, certainty and flexibility offered within the industry. In short, we believed that we could build a better bank. And so, we did. We received our banking licence in 2021 and quickly grew our community of loyal business and personal customers, with the help of our dedicated, diverse, and expert team. Recognising our customers is at the heart of what we do. Today, our hard work and customer centricity is demonstrated by our excellent rating on Trustpilot. We offer a range of award-winning, secure FSCS protected savings accounts with competitive interest rates for individuals and businesses alike. Recognise Bank is authorised by the Prudential Regulatory Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA). Our eligible saving products are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 for individuals and businesses and £170,000 for joint accounts. We also offer a range of specialist lending products, and we aim to be as flexible as possible with all of our offerings and services, no matter what your business needs. It’s why our customers, brokers and partners love working with us. 🌟 Rated ‘Excellent’ on Trustpilot 🌟 Rated 4.88/5 on Smart Money People 🌟 Rated 4.6/5 on Google 🏆‘Commended’ for the Best Business Variable Rate Deposit Account Provider at the 2024 Business Moneyfacts Awards 🥇Winner of the Best Monthly Interest Savings Provider at the 2024 Moneynet Personal Finance Awards
