Newcastle Building Society
Savings and Strategy Manager
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Savings and Strategy Manager
Salary Band: £49, 734 - £72, 312
Grade: MP1
About the Role
As Savings Strategy Manager, you’ll be the key subject matter expert for the UK retail and SME savings market within NSSL. You’ll shape and maintain a clear, forward-looking view of market trends, competitor activity and regulatory developments—turning insight into actionable recommendations that support commercial performance and client growth. Working closely with senior stakeholders, you’ll influence proposition development, funding strategy and client engagement, while providing high-quality insights to executive and board-level forums.
This is a strategic role where your market expertise will help define NSSL’s “house view” and guide decision-making across the business.
About You
You’re a commercially minded savings specialist with deep knowledge of the UK retail and SME savings market. You bring strong analytical capability and a strategic mindset, with experience translating complex market and regulatory insight into clear, actionable recommendations. You’ll have:
- Proven experience within savings, deposits or funding strategy (ideally within a bank or building society)
- Strong understanding of savings products such as ISAs, fixed-term and instant access accounts
- Excellent market awareness, including competitor activity and regulatory developments
- Confidence presenting to senior stakeholders, including executive or board-level audiences
- Strong communication, influencing and stakeholder management skills
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You’re naturally curious, insight-driven and comfortable operating at a strategic level—able to challenge thinking, spot opportunities and help shape the future direction of the savings proposition.
About Us
The Newcastle Building Society Group comprises of Newcastle Building Society, Manchester Building Society, Newcastle Financial Advisers and Newcastle Strategic Solutions. Our purpose, connecting our communities with a better financial future inspires and directs our activities.
As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.
What Do You Get in Return?
As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:
- Financial Corporate bonus scheme (on target 10%, up to a maximum 15%)
- Pension scheme (up to 9% employer contribution)
- Annual performance related pay reviews
- Colleague mortgage scheme
- Electric car salary sacrifice scheme
- Life assurance (4x salary) and income protection
- Access to our financial advisers
- Access to a range of high street and online discounts
Work/Life Balance
- A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions
- 30 days’ annual leave + bank holidays
- The option to buy and sell up to 5 days’ holiday
- Hybrid working (typically 3 days’ home based)
- Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood
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Health and Wellbeing
- Private medical insurance
- Access to a health cash plan through a Medicash scheme
- Access to an employee assistance programme
- Free onsite gym at our Cobalt head office and access to discounted gym’s
- Two paid volunteering days’ each year
- Cycle to work scheme
Recognising there’s no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you. You can contact your Recruiter for this vacancy at kate.wilkinson@newcastle.co.uk
Company: Newcastle Strategic Solutions Limited
People are the focus of absolutely everything we do. We believe in people, we care deeply about their hopes, their dreams and their wellbeing. And that applies equally to our customers, our communities and our colleagues – which means you, if you choose to work here. It’s important to us that you know if you join us we will welcome you, respect you, encourage you and help you to achieve your goals.
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