Product Manager

Working in our fast paced, successful Proposition & Delivery team in our London/Cardiff/Manchester office there has never been a better time to join Pepper Money, a specialist mortgage lender backed by a global financial institution offering first and second charge loans.

We really do believe that it’s our people who are our main competitive advantage – the ‘thing’ that sets us apart from our competitors. 

Our passion is to ‘Help People Succeed’. This is at the heart of everything we do and includes our valued customers, intermediary brokers and partners as well as all of our fantastic colleagues.

What you will be doing 

You’ll analyse the UK First and Second Charge mortgage markets, shape product strategy and pricing, and ensure our propositions remain competitive, commercially strong and aligned to customer needs.

Key responsibilities:

• Monitor competitors and market trends to identify risks and opportunities.
• Produce clear insights to inform pricing, product innovation and roadmap decisions.
• Recommend and deliver product roadmaps across all mortgage lines.
• Lead pricing evaluation, modelling and recommendations, presenting insights through Power BI.
• Maintain accurate pricing models and oversee pricing & product changes through governance.
• Identify new product features, digital improvements and enhancement opportunities.
• Work cross‑functionally with Change, Risk, Credit, Operations and Technology.
• Ensure all proposals meet Consumer Duty, Fair Value and regulatory expectations.

What we are looking for

A commercially minded, analytical Product Manager with strong mortgage market knowledge and the ability to turn insight into clear, actionable recommendations.

You will bring:

• Strong understanding of First & Second Charge mortgage markets and distribution dynamics.
• Knowledge of pricing levers, margin drivers and product P&L impacts.
• Experience delivering product and pricing changes within structured governance.
• Advanced Excel skills; VBA/SQL/DAX a plus.
• Ability to interpret data, build pricing models and produce clear insights (Power BI experience beneficial).
• Excellent communication, attention to detail and problem solving ability.
• Proactive mindset, confidence with senior stakeholders and ability to work cross functionally.
• Degree level education; numerate or analytical qualifications preferred.

Some of the benefits we provide are: 

• Competitive salaries and bonus schemes
• Hybrid home/office working arrangements
• Regular training and opportunities to learn and grow
• Holiday leave plus bank holidays
• Medical insurance cover
• Life insurance
• Health and wellbeing support

In return for your commitment, you’ll have the chance to develop your career in a dynamic environment, working alongside top talent and an exceptional leadership team. If you want to be involved in our exciting expansion plans and have the chance to really shape and influence the way the business grows, then we’d love to hear from you.

We also want our people to feel a sense of belonging at Pepper Money. We are committed to meeting our Diversity, Equality and Inclusion charter, further information can be found on the Careers section on our website.