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Senior Commercial Manager

We are looking for a Senior Commercial Manager to join our Argos Financial Services (AFS) Cards Product team. Ideally you will come from a background in retail finance.

In this role you’ll be working closely with Head of Cards Product Management and hold responsibility for the delivery of the Argos Store Card P&L via the management of the existing card & identification of new opportunities. Commercial development of the product will be driven from the analysis of performance with initiatives to grow income. Management of the product will include the tracking and regular assessment of the product KPIs to ensure performance to budget it understood and delivery of any initiatives to grow income, are to time.

You will be joining Argos Financial Services where our aim is to make life better every day for Argos customers. We help customers afford and protect what matters most, offering products and services including Credit, Warranties & Insurance. We are part of Sainsbury’s Bank, part of the wider Sainsbury’s Group, we’re an exciting and growing organisation and as our customers seek more innovative services and technology, being part of one of the UK’s most trusted brands brings our colleagues exciting opportunities to fulfil their potential. Here, you can be part of something bigger and help to create a new approach that puts the customer at the heart of everything we do.

As Senior Commercial Manager, you will;

Deliver Store Card P&L by collaborating closely within own Product team along with Credit Risk, Operations, Marketing and Finance teams.
Identify new opportunities to expand the product offer palette, address customer needs, enhance balance build and sustain portfolio income build.
Drive front-of-wallet card usage, working with Marketing to deliver tactical spend promotions and trigger-based actions, as well as longer-term change to product propositions and marketing platforms.
Work closely with the Credit Risk and Operations teams to optimise portfolio programmes such as authorisations, card re-issue and exposure management programmes.
Identify and implement initiatives to improve overall group profitability.
Develop a structured test-and-learn campaign management process and tracker, working closely with Marketing, to continuously feed into all existing customer marketing activities.
Own all customer-level KPIs, including forecasting and performance tracking.
Provide input into financial planning process and proactively address risks and opportunities.
Represent AFS at various industry forums and keep abreast of market trends, assessing the impact of these on the product suite and make recommendations.

As a Senior Commercial Manager, you will have;

A minimum of five years’ experience in a commercial product ownership role within the Financial Services industry, preferably in retail finance or credit cards
Extensive experience in delivering customer engagement and development programmes, again preferably in a credit card business.
Experience with P&L management and financial analysis.
Experience of tracking delivery in complex environments & excellent programme management skills.
A highly commercial approach with outstanding problem-solving skills and a strong customer instinct.
Outstanding verbal and written communication skills, you’ll be able to communicate with impact and articulate complex data to a wide array of audiences.
Strong influencing and relationship-building skills across all levels.
A passion for delivering the best products & service to the customer.
Part of the future plan is to introduce a direct report for this role, so you’ll need experience of managing a Junior Manager level colleague.

As well as the opportunity to join a great team you will also receive a competitive salary & bonus, 24 days’ holiday, and a range of other great benefits including healthcare and retail discounts. We will support you in developing your skills to build the career you want through access to personal development tools.

There’s never been a more exciting time to join Argos Financial Services. We are capitalising on our success and going through a great transformation. It’s a period of expansion and rejuvenation; we’re shaking things up and creating more opportunities than ever before.

As this role involves working in a regulated environment any offer made will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.

We know that candidates may be put off applying for a job unless they can tick every box. We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request we are happy to be asked. So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet… why not apply and see how it goes?

Here at Sainsbury’s Argos we’re a proud equal opportunities employer that values diversity at every level of our business. Inclusion and Diversity are fundamental to our culture and values, fostering an innovative, collaborative and fast paced work environment that means we can build a better future for our colleagues and our customers. Everyone is welcome at Sainsbury’s Argos. Want to find out more? Then visit our Diversity & Inclusion page on our Careers site –

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