Rathbones
Proposition Lifecycle and Governance- Senior Manager
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Proposition Lifecycle and Governance- Senior Manager
Proposition Lifecycle and Governance – Senior Manager
Role Title: Proposition Lifecycle and Governance – Senior Manager
Division: Wealth Management Propositions and Client Care
Location: London
Contract: Permanent
Working Pattern: Hybrid
About the Role
In this role, you will play a key role in ensuring that every proposition Rathbones offers delivers, sustains, and can clearly evidence good client outcomes throughout its lifecycle. You will be instrumental in embedding the identification, prevention, monitoring, and remediation of foreseeable harm within proposition design and governance. This includes:
- Ensuring propositions are suitable for their defined target markets
- Representing fair value
- Supporting consumer understanding in line with Consumer Duty
You will own the governance infrastructure—including frameworks, forums, documentation, metrics, and decision-making cadences—that ensures propositions are consistently well-defined, properly challenged, and actively managed in the best interests of clients.
Responsibilities
Proposition Governance & Outcomes-Based Decision-Making
- Maintain and evolve the proposition governance framework, making sure good client outcomes and foreseeable harm are explicit decision criteria at every lifecycle stage.
- Own the forums, terms of reference, decision rights, escalation routes, and documentation standards that underpin proposition governance.
- Provide secretariat and chairing support for proposition governance forums where needed.
- Ensure governance decisions are evidence-led, outcome-focused, and consistently applied across the proposition set.
Lifecycle Management with Embedded Harm Prevention
- Operate the proposition lifecycle as an outcome-focused process, covering:
- New proposition development and approval
- Material changes and re-approvals
- Periodic outcome-based reviews
- Controlled withdrawal of propositions that no longer deliver good outcomes or present unacceptable harm
- Ensure foreseeable harm is assessed at the design stage and revisited whenever propositions, markets, or client behaviours change.
Additionally, you will:
- Own and operate Rathbones’ fair value assessment programme for in-scope propositions.
- Ensure every proposition has a clearly defined, evidenced target market.
- Define and operate proposition performance metrics, ensuring insights inform governance decisions and lifecycle action.
- Maintain the proposition hub and library as the authoritative source of truth for proposition information.
- Act as the authoritative first-line voice on proposition governance, client outcomes, and foreseeable harm across the Wealth division.
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About You
If you meet some or all of these criteria and are excited by the role, apply today:
Essential
- Substantial experience in UK wealth management, advice, or asset management, with accountability for proposition/governance lifecycle management, fair value, or Consumer Duty delivery.
- Practical experience of identifying, evidencing, and addressing foreseeable harm within product or proposition frameworks.
- A strong track record of building or operating governance infrastructure that drives real decisions and action.
- The judgement, credibility, and confidence to engage with senior stakeholders, while challenging constructively where outcomes are at risk.
- Excellent written communication skills, able to produce regulator-ready, clear, and disciplined documentation.
Desirable
- Experience supporting regulatory engagement or thematic reviews relating to products, fair value, or Consumer Duty.
- Experience with remediation activity following poor outcomes or harm-related incidents.
- Familiarity with vulnerable customer considerations and accessibility in proposition design.
What We Offer
Remuneration & Benefits
We prioritise your fulfilment and offer a comprehensive, regular benchmarked remuneration package, along with competitive benefits:
- Company Pension:
- 9% non-contributory
- 10% (employer’s contribution) if you contribute 5%
- Private Medical Insurance:
- Individual coverage from day one
- Extended to family after 1 year of service
- Life Assurance: 8x salary
- Income Protection: 75% salary
- Company Share Scheme
- Flexible Holidays: Purchase up to 5 extra days
- Discretionary Bonus
- Green Car Scheme
- Family-Friendly Policies:
- Enhanced family leave for parents and carers
- Study Support:
- Study days and funding for qualifications/courses
- Seasonal Travel Ticket Loan
- Volunteering Days
- Gym Discounts
- Additional Voluntary Benefits – customise your package
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Workplace Culture
Our employees participate in numerous social groups and initiatives to support wellbeing, growth, and community building, including:
- Sports & Social Committees:
- Cricket | Football | Netball | Running | Yoga | Quiz Nights | Charity Bake Sales
- Inclusion Networks promoting diversity:
- Gender Balance
- Multicultural Network
- Abilities Count
- Pride
- Social Mobility
- ‘Take a Moment to Pause’ (Menopause Support)
- Armed Forces
- NextGen IM Network: Connectivity and career development for early-stage professionals
Life at Rathbones
Rathbones strives to be an employer of choice in wealth management, fostering a diverse, equal, and inclusive workplace that nurtures talent, encourages engagement, and values everyone's unique strengths.
- Commitment to diversity and inclusion, welcoming and supporting individuals from all backgrounds.
- Level 1 Disability Confident employer under the UK Government scheme.
- Bearer of commitments around disability recruitment, retention, and development.
- Additional support available via email: recruit@rathbones.com
- Reasonable adjustments made for applications/interviews, tailored to needs related to ** disability, neurodiversity, or protected characteristics**.
Mission & Values
We believe in a long-term approach—building sustainable results, earning trust, and doing what’s right for our clients, colleagues, and communities.
Our values shape our approach:
✺ We aim high ✺ We get it done ✺ We show we care ✺ We do the right thing
These are not just words; they reflect how we engage with each other, make decisions, and build lasting relationships.
Application Note: Applications will close once sufficient candidates reach the next stage. Submit yours promptly to avoid missing the opportunity.
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