Head of Proposition Governance

The opportunity

This role is a 12 month FTC

We’re looking for an experienced and strategic leader to take on the role of Head of Proposition Governance, responsible for leading and continually evolving Openwork’s proposition governance capability.

This is a key role within the business, ensuring our proposition remains robust, compliant, and aligned to both regulatory expectations and our broader strategy. Covering all Openwork products and services across wealth, insurance and mortgages, you’ll play an integral part in supporting strong client outcomes and sustainable growth.

This is a hybrid role 3 days a week in the Swindon office.

The Benefits:

Salary £75,000 to £95,000
Bonus scheme - on target bonus - 17.5%
Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
Critical illness cover
Income protection
Death in service - 4x salary
27 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days
A range of other flexible benefits to include private medical insurance, dental insurance and much more.

KEY ACCOUNTABILITIES

Designing, implementing and continuously improving a robust Proposition Governance Framework, aligned to regulatory requirements and group risk appetite
Ensuring the Openwork proposition operates in line with FCA expectations and Consumer Duty, supporting good customer outcomes
Leading and evolving the Proposition Development & Management Framework, including product review processes

Managing key governance forums, including:
- Proposition Management Committee
- Product Review Committee

Using market insight, customer data and competitor analysis to inform best practice and future development
Providing clear and effective governance reporting to internal committees and boards
Acting as an internal champion for proposition governance across the business
Building and leading a high-performing team, supporting capability and succession planning
Representing Openwork in relevant external forums and industry engagement

What will you need to succeed?

Significant experience (c.10+ years) within financial services, operating at a senior proposition or marketing leadership level
Strong experience of product proposition development and governance in a regulated environment
Deep understanding of regulatory requirements impacting propositions, including Consumer Duty
Broad market knowledge across wealth, insurance and mortgages, including competitor and provider landscape
Strong understanding of how advice businesses and advisers operate
Experience of supplier selection and commercial negotiation
Ability to operate effectively across internal functions and influence at senior level
Professional post-graduate qualification in financial services or marketing (desirable)
Strong working knowledge of core systems and tools (Excel, PowerPoint, SharePoint, Teams)

Why us?

At The Openwork Partnership, we're a dynamic, fast paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential. We’re also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague’s individual differences and identities – just like our financial advice, for us, it’s personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.

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Head of Proposition Governance

The opportunity

What will you need to succeed?

Why us?

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