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Full-Time

Product Operations Manager

Business Banking

Posted on 2/3/2024

OakNorth Bank

OakNorth Bank

201-500 employees

Provides efficient lending solutions to UK businesses

Data & Analytics
Fintech
Financial Services

Senior

Manchester, UK

Category
Quality Control & Compliance
Supply Chain Management
Transportation & Distribution
Operations & Logistics
Required Skills
Communications
Customer Service
Requirements
  • 5+ years of experience in product operations, with a focus on business banking products
  • Proven track record of successfully launching and managing business banking products in a fast-paced and competitive environment.
  • Strong understanding of banking operations, including payment processing, customer service, and regulatory compliance
  • Excellent analytical, problem-solving, and project management skills
  • Experience leading and developing high-performing teams.
  • Ability to communicate effectively and build strong relationships with stakeholders at all levels of the organization.
  • Familiarity with industry best practices and emerging trends in business banking
Responsibilities
  • Develop and execute the customer-centric operational strategy and roadmap for business banking products, collaborating with cross-functional teams.
  • Lead the end-to-end operational implementation of new business banking products, ensuring stakeholder alignment and communication.
  • Identify, document, and seamlessly integrate operational process improvements, prioritizing customer satisfaction, and continually monitoring key performance indicators (KPIs) for enhancement.
  • Coordinate with Capacity, Forecasting, and Optimization teams to track and update processes and resource requirements for business banking Operations teams, monitoring resource mitigation.
  • Collaborate with internal and external partners to drive operational efficiency, including process automation, risk management, and compliance.
  • Address escalations and resolve issues related to business banking products, serving as a point of contact for customer and internal concerns.
  • Act as a bridge between Operations teams in Manchester and India, integrating improvements into the product strategy and roadmap.
  • Work with cross-functional teams to incorporate Operations teams' requirements in the development of business banking products and track their successful delivery ahead of new product releases.
  • Manage issue resolution stemming from product releases or development, coordinating with relevant cross-functional teams.
  • Stay attuned to industry trends, regulatory changes, and competitive offerings in the business banking space, using this knowledge to shape customer-centric product and operational strategies.

OakNorth offers fast and flexible finance to UK businesses, utilizing advanced financial technology to streamline the lending process and providing funding ranging from £250,000 to tens of millions. The company supports businesses across various sectors and ranks among the top 1% of commercial banks globally.

Company Stage

Grant

Total Funding

$15.8M

Headquarters

London, United Kingdom

Founded

2015

Growth & Insights
Headcount

6 month growth

32%

1 year growth

32%

2 year growth

32%
INACTIVE