Senior Manager - Partnerships & Propositions

BELONG – There’s no place like Principality 

At Principality, belonging isn’t just a value — it’s how we work every day. As a colleague, you’re already part of a supportive and inclusive community where your wellbeing, individuality, and life outside of work are genuinely respected. This internal opportunity is a chance to continue your journey with us, build on your experience, and grow your career within Principality. 

We know that great work happens when people feel connected — to each other, to our purpose, and to the communities we serve. That’s why we focus on balance, invest in wellbeing, and encourage continuous learning and development across the organisation. 

Why consider this opportunity? 

This role offers an opportunity to further develop your skills and make a meaningful contribution within Principality, while continuing to benefit from the culture and ways of working you already know: 

These achievements are built by our people and reflect our shared commitment to supporting one another and delivering for our members. When it comes to belonging, there truly is no place like Principality — and this role is an opportunity to continue growing as part of it. 

Are you passionate about building high-impact partnerships and shaping meaningful commercial propositions? Do you want to play a key role in driving large-scale regeneration across Wales and the wider region? If so, this could be your next career move.

Principality Commercial is looking for a Senior Manager - Partnerships & Propositions, a unique dual-focused role that blends relationship leadership, commercial insight and strategic innovation.

This is a pivotal position within Principality Commercial, responsible for both:

Partnership Development

You will:

• Build strong, collaborative relationships with local authorities, Welsh Government, Regional Corporate Joint Committees, private developers and other key stakeholders.
• Identify large-scale redevelopment and regeneration opportunities within our core markets.
• Structure and oversea complex multi-stakeholder deals that deliver commercial and social value.
• Act as the relationship lead for secured schemes from sanction through to final repayment.
• Represent Principality in external meetings, forums and partnership discussions.

Propositions Strategy & Commercial Innovation

You will:

• Work closely with the Commercial Lending Director to develop and evolve our commercial product propositions.
• Conduct research, competitor analysis and financial modelling to inform pricing, product structure and new sector opportunities.
• Prepare business cases and present recommendations to senior leaders and governance forums.
• Support the launch and marketing of new propositions to maximise market visibility.
• Create strong feedback loops across the Commercial team and contribute to coaching and mentoring activities.

What we’re looking for:

• Strong credit risk skills
• Previous experience in commercial lending or commercial real estate finance
• Knowledge of security, risk, regulatory and legal frameworks
• Excellent presentation skills and confidence using MS Office
• Strong negotiation and relationship-building abilities
• Experience in development finance
• Ability to create, manage and execute strategic plans
• Knowledge of professional environments in Wales and/or London & the South East
• ACIB qualifications or relevant degree (Banking, Finance, ACT)

If you’re excited by the opportunity to blend strategic thinking, partnership development and commercial impact – we’d love to hear from you.

If you have any questions in relation to this role, please contact the recruitment team – recruitment@principality.co.uk