Strategic Analytics Manager

Strategic Analytics Manager

Location: London, Petersfield, Bradford, Chatham

Salary:

Closing Date: Friday 08 November 2024

We’re Vanquis Banking Group plc, a FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.

Lending responsibly and acting responsibly has always been at the centre of everything we do. What’s more, helping to aid financial inclusion and social mobility for our customers and the communities they live in, is a big part of why we’re here.

We offer credit cards and loans as Vanquis, Vehicle Finance as Moneybarn and through the award‑winning fin‑tech brand Snoop, our group provides people with a free credit score and personalised insights to help them better manage and understand their finances. All our credit products are delivered online and are built with customer flexibility in mind. We have a great team of colleagues working in our call centres and offices to support our customers and the development of more products to help meet their needs.

Our purpose is simple: to deliver caring banking so our customers can make the most of life’s opportunities.

Reporting to the Senior Manager, Pricing and Portfolio Management, this role will help shape the commercial management of the Vehicle Finance business, driving profitable growth across our target market.

You will be pivotal in driving a more analytically led approach to support the transformation of the Vehicle Finance business, using internal / external data and insight to drive channel and portfolio optimisation and evolution of product / pricing strategy, whilst driving good customer outcomes. This role will also be central to shaping and defining how we develop the right data infrastructure within Gateway to facilitate the analytical requirements of the commercial team.

An ability to work effectively with multiple cross‑functional stakeholders is required.

• Lead the formulation of a robust commercial analytical framework to understand and manage the key drivers of the Vehicle Finance productrst portfolio performance
• Optimise new business portfolio profitability to balance volume growth with unit returns, ensuring that we deliver good customer outcomes
• Gathering and analysing sufficient range of internal and external reference points/data and benchmarks to identify opportunities to drive commercial value and continuous improvement
• Work closely with Newark team to monitor market movements to ensure competitiveness of the product range and drive change, identifying and leveraging new data sources where possible
• Identify opportunities to optimise conversion for new to Group and existing customers
• Work closely with the Product Management team to support the creation and enhancement of Vehicle Finance products and services ensuring they meet consumer needs and stay ahead of market demands
• Establish and maintain strong relationships across finance, credit risk and data and analytics to ensure pricing models are fit for purpose and assumptions appropriately reflect current performance and achieve target returns.
• Support VBG core values and risk culture – becoming the champion of our customers
• Coach, mentor and support development of other members of the product management team
• Develop a network and work collaboratively across the Group to contribute to the culture and deliver against the Group’s objectives
• Be a strong member of the Commercial leadership team – deputising for the Senior Manager, Commercial Management and Pricing when required.

• Experienced Commercial Analytics Manager, who has been part of a team focused on management of a Lending P&L
• SAS / SQL coding
• Strong understanding of consumer lending, preferably the non‑prime /digital lending sector
• Exceptional quantitative skills, with a strong foundation in credit analytics and portfolio management. Able to resolve complex business problems in a logical and persuasive way for the good of the customer and business
• Proven strong stakeholder engagement and collaboration skills – achieved in a…