Loans Pricing Manager

End Date

Salary Range

We support flexible working –  for more information on flexible working options

Flexible Working Options

JOB TITLE:

Loans Pricing Manager

SALARY:
The salary banding is £59,850 - £66,500

LOCATION:

Chester, Newport, Leeds or Edinburgh

HOURS:

35 hours, full time

WORKING PATTERN:
Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

We’re offering you the unique opportunity to influence the strategic direction of the UKs largest consumer finance provider. You’ll be responsible for leading the team to optimise individual customer pricing across our four brands – Lloyds, Halifax, BoS and MBNA – and via our own and third-party digital channels, delivering fair value for customers and ensuring responsible lending within risk appetite.

Our Pricing team delivers high quality pricing strategy, profitability analytics capabilities to support the commercial performance and strategic objectives of the Loans business. As a pricing manager, you'll provide actional insight to optimise our commercial performance, pricing, proposition development and customer loan demand within our channels and journeys.

• Responsibility for the Loans ‘Best in Class’ pricing strategy. Delivering front-book margin plan, optimising individual customer pricing across all brands using advanced analytics pricing models, navigating pricing approvals secured from Loans Director and/or CEO Consumer Lending
• Extensive market knowledge and awareness – making recommendations from your insight to shape the Loans commercial agenda
• Maximising commercial impact, employing and maintaining internal and external partner relationships – including our third-party suppliers
• Ultimately responsible for the maintenance of pricing risk, ensuring product and pricing delivers fair value to customers and that pricing decisions are within credit risk appetite
• Ownership and maintenance of an accurate view of front-book profitability, including funding cost via hedging process with Treasury, expected loss rates via credit risk, cost and capital assumptions via Finance and CRDIV programme
• Ownership of pricing and profitability forecasts, including lending, balance sheet, market share and margin outlook

We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

• Highly numerical, data-driven individual, responsible for maximising commercial performance, having a clear understanding of financial metrics and performance drivers. Ability to think long-term and identify commercial opportunities that align with customer needs and business goals
• Unafraid to challenge the status quo, have an intellectually curious outlook, where you seek to innovate and adapt quickly from setbacks. Passionate about solving problems and finding new ways to deliver value
• Proficiency in data analysis, customer analytics, building and validating models for forecasting, pricing, and segmentation and visualisation tools (e.g. Agentic AI, Machine Learning, Python, SQL, SAS, Power BI, Tableau) and experience with cloud-based data platforms (e.g. GCP native tools) providing actionable insight and analytics for the business
• Data Insights and Storytelling:
  Apply product led thinking to reporting and analytics initiatives, ensuring solutions are user centric, iterative, and aligned to evolving business needs. Translate complex datasets into clear, actionable insights that support operational and strategic goals across Colleague Success. Lead initiatives with urgency and efficiency, managing multiple data projects simultaneously
• Communicate & Influence:
  Present and influence effectively at all levels of the organisation, including the Group Executive Committee (GEC)
• Market Awareness:
  Strong understanding of the external environment, including customer trends,…