Vice President, Wealth Management Product
Vice President, Wealth Management Product
Posted on :
05-05-2025
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1 Vacancy
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Job Description
Since our launch weve lent over 12bn to ambitious entrepreneurs. Thats led to the creation of over 56000 jobs and over 34000 new homes and were not about to stop there. Were dedicated to helping trailblazing businesses thrive and determined savers reach their financial goals.
We are evaluating an opportunity to build a new modern wealth management proposition. As the VP of Wealth Management Product you will play a foundational role in shaping launching and scaling this product. Youll wear multiple hats: strategist builder recruit and brand ambassador.
Key Responsibilities
- Lead the launchof OakNorths wealth management service
- Define the proposition:pricing service model technology stack and product suite.
- Build and managea highperformance team of advisers product specialists and client service staff.
- Develop gotomarket strategy: client acquisition partnerships (e.g. accountants lawyers) digital marketing and brand positioning.
- Work with internal teams (legal compliance tech product) to ensure FCA compliance and operational readiness.
- Track KPIs: AUM growth client satisfaction revenue per user and retention metrics.
- Serve as the internal champion for the business line reporting progress to senior leadership and investors.
What Were Looking For
- 815 years of experience in private banking/wealth management product
- Proven track record of building product pricing and proposition for wealth platforms
- Strong understanding of UK financial services regulation (FCA MiFID II Consumer Duty)
- Experience across product pricing customer P&L and distribution
- Entrepreneurial spirit: youre resourceful proactive and thrive in ambiguity
- Leadership skills
What We Offer
- Opportunity to build a new wealth management business from the ground up.
- Direct exposure to senior leadership and decisionmaking.
- Competitive compensation including equity participation.
- A missiondriven techforward culture that values innovation.
About Us
Were OakNorth Bank and we embolden entrepreneurs to realise their ambitions understand their markets and apply data intelligence to everyday decisions to scale successfully at pace.
Banking should be barrierfree. Its a belief at our very core inspired by our entrepreneurial spirit driven by the unmet financial needs of millions and delivered by our datadriven tools.
And for those who love helping businesses thrive Our savings accounts help diversify the high street and create new jobs all while earning savers some of the highest interest on the market.
But we go beyond finance to empower our people encourage professional growth and create an environment where everyone can thrive. We strive to create an inclusive and diverse workplace where people can be themselves and succeed.
Our story
OakNorth Bank was built on the foundations of frustrations with oldschool banking. In 2005 when our founders tried to get capital for their data analytics company the computer said no. Unfortunately all major banks in the UK were using the same computer and it was broken.
Why was it so difficult for a profitable business with impressive cashflow retained clients and clear commercial success to get a loan
The industry was backwardlooking and too focused on historic financials rather than future potential.
So what if there was a bank founded by entrepreneurs for entrepreneurs One that offered a dramatically better borrowing experience for businesses
No more what ifs OakNorth Bank exists.
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