Product Governance Lead

Overview

Title:

Product Governance Lead

Location:

London (Hybrid)

Division:
Research

Contract:

Permanent

Date: 2 Feb 2026

At Rathbones, we help people invest their money well, so they can live well. That means more than financial returns – it’s about helping people feel confident in their decisions and supported in their future. We don’t just manage money, we guide people through life’s big moments, helping them stay on track and focus on what matters most. We’re proud to be one of the UK’s leading wealth managers, with over £109bn
* in assets under management and 20+ offices across the UK and Channel Islands. We’re a FTSE 250 company with national reach and a local feel – and we’re growing.
* As of June 2025

Purpose

To deliver processes to support the approval, monitoring, review and distribution of investment instruments and services in line with regulatory requirements. Ensure that product governance controls, Target Market Assessments (TMAs), product markers, and approval workflows are maintained, operated, and continuously improved, helping the firm deliver good client outcomes and meet its regulatory and internal governance obligations. Produce and analyse management information, manufacturer reports and fair value assessments and maintain policies and procedures to support product governance.

• Lead on the development and implementation of the product approval and review framework, governed by the Product Governance Committee (ProdGovC).
• Lead and co-ordinate work ensure regulatory and policy requirements are implemented and reported on
• Maintain and enhanced a suite of product templates, working cross-functionally to ensure compliance with proposition, operational and technical policy and procedures.
• Lead on responses to regulatory and ad-hoc reporting requirements, including responding to target market information requests, co-ordinating data collation and SME input as required to support.
• Engage with external stakeholders such as manufacturer, industry and regulatory consultation groups to ensure the incorporation of best industry practice.
• Develop, produce, analyse and report MI on product governance information, including target market assessment outcomes, to support product governance processes and decision-making.
• Respond to manufacturer requests relating to product governance
• Lead on continuous improvement through analysis of product governance outcomes
• Present proposals and MI to Product Governance Committee and other relevant governance, investment and management committees as required.

• At least five years  prior experience of the wealth management or investment management industry
• Direct experience in the field of product governance, preferably on the buy side
• Good knowledge of relevant regulation, including Consumer Duty, PROD, MiFID II
• Knowledge of industry norms and approach to regulatory implementation
• Strong analytical and numerical skills
• Process analysis, design and documentation
• Highly organised, experienced in planning workloads against the background of changing priorities
• Highly motivated self-starter able to work independently, taking the initiative to address complex problems
• Thorough and accurate
• Team player

We want everyone at Rathbones to fulfil their potential, in an environment where you are proud to work and feel like you belong.

We offer a comprehensive remuneration package, which we review regularly, and benefits include:

• A company pension - 9% non-contributory or 10% if you contribute 5%
• Private medical insurance – Individual on joining, family after 1 year’s service
• Life assurance - 8 x salary
• Company share scheme
• Discretionary bonus
• Flexible holidays – purchase up to 5 additional days
• Green Car Scheme
• Family friendly policies – enhanced family leave for parents & carers
• Study support – study days and funding for courses and qualifications
• Season travel ticket loans
• Other voluntary benefits you can choose to suit you

Our employees can choose to take part in various social groups and communities to support their wellbeing, growth, development and sense of community. These include:

• Sports & Social Committees, such as…