Pricing Modelling Lead Analyst

The Vacancy

The Pricing Modelling team operates as a Centre of Excellence to develop, maintain and evolve the capability of pricing models across the bank's products (Credit Cards, Vehicle Finance, Second Charge Mortgages, Savings). These models play a pivotal role in enabling the business to achieve its financial objectives, by embedding advanced data-driven modelling in to commercial strategy and pricing decisions, to drive sustainable profitability.

As a Lead Analyst, you will own the design, development, and maintenance of our profitability and pricing models and tracking suite. You will play a leading role in designing and shaping the next generation of models in a cloud-based, data-driven environment, to unlock greater flexibility and granularity to unlock faster, smarter, and more responsive decision making.

Responsibilities:

Lead the design, development, innovation, and maintenance of our profitability & pricing models and tracking suites

Evolve the capability of Pricing models, through developing further automation, enhanced granularity, and streamlined user interfaces, on a next generation cloud-based analytics platform

Combine business strategies and levers, with data driven customer performance, within the models, to translate key performance drivers into financial measures and outcomes, such as RoTE & PBT

Working to ensure we take the right decisions for our shareholders and customers by supporting other teams around the business in a wide range of profitability & financial analysis

Place strong and robust controls and automation around everything you do - to make sure that our tools and models are precise, accurate, and trusted throughout the business

Ensure all models in operation are fit for purpose through the development of dynamic model monitoring suites, recalibrating and redeveloping these models when necessary

Identify new opportunities and improvements in current modelling practices, processes and tools, through inquisitive and innovative analysis

Coaching junior team members; conducting peer-review of team members work, and role modelling exceptional behaviours and standards

Deputise for Senior manager as and when required

Experience required:

• Pricing Modelling: Previous experience developing NPV / profitability / pricing / financial models in Python/SAS/SQL/Excel/or similar technologies, with a full understanding of the purpose, design, mechanics and outputs

• Coding & Forecasting: Experienced with Python, Snowflake, SQL, or SAS; confident developing code from scratch to manipulate and interrogate data, with strong knowledge of forecasting techniques/tools/libraries

• Financial Metrics: Familiarity with the components and structure of the P&L / balance sheet, and key financial measures and metrics

• Lending Products: Credit Cards, Loans, or Vehicle Finance product experience with knowledge of the profitability drivers & modelling approaches

• Model Development: A good understanding of the model development lifecycle and key principles

• Communication: Excellent verbal and written communication skills, capable of presenting complex findings to non-technical stakeholders, and building strong relationships with key stakeholders

What We Offer

We don't just care about your work, we care about your health, wellbeing and life outside your working hours. That's why we offer we offer flexibility, empathy, and a wide range of resources to help you navigate life's ups and downs and feel your best. We encourage you to take ownership of your work-life blend, support others and make time to prioritise your wellbeing, our benefits include:

• Holidays: 25 days of annual leave (rising to 30 with service), and tailor your time off by buying or selling up to 5 extra days. Plus, with our flexible bank holiday policy, you can swap up to 4 days to celebrate what matters most to you-whether that's skipping Easter or switching up your Christmas plans.
  
• Pension: We'll boost your future with up to 10% employer contributions-because your tomorrow matters.
  
• Enhanced Leave: Enhanced maternity (post-probation) and 4 weeks paternity leave to paid neonatal and carers leave - we've got your back when it matters most.
  
• Workations: Why not take your laptop somewhere sunny? Work abroad for up to 20 days a year in approved countries. Yes, really.
  
• Paid Birthday Leave: Your birthday, your rules-take the day off and celebrate in style!
  
• Volunteering: 2 paid days a year to volunteer for a cause close to your heart.
  
• Learning & Development: Access to Learning for all colleagues - because your growth matters.
  
• Financial Wellbeing: Stay on top of your finances with a free Snoop Premium subscription.
  
• Healthcare: Take care of your wellbeing with our easy self-pay Denplan scheme for dental care and feel confident knowing you can also choose Private Medical Insurance for extra reassurance when it matters most.

The Benefits

Competitive base salary and rewards

Private Medical Insurance

25 days holiday entitlement

one day accrued for each year of service (max 30 days)

Defined contribution pension scheme

Discretionary bonus scheme

Perks at Work

A perks platform of over 30,000 unique discounts

Volunteering

2 paid days to support a charity of your choice

Flexible, hybrid, & dynamic working policies

Personal & career development opportunities

Monthly and Quarterly Colleague Socials

Discounted gym membership

BUPA GP Service

Workplace Gallery

Documents