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Lloyds Banking Group · 2 days ago

Loans Pricing Manager

Newport

Full-time

Hybrid

Mid, Senior Level

£60K/yr - £66K/yr

Lloyds Banking Group is the UK's largest consumer finance provider, and they are seeking a Loans Pricing Manager to lead the pricing strategy across their brands. This role involves optimizing customer pricing, managing pricing risk, and providing actionable insights to enhance commercial performance.

BankingFinanceFinancial Services

Responsibilities

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

Qualification

Data analysisPricing strategyFinancial metricsCustomer analyticsMarket awarenessCommunicationProblem solvingTeam leadership

Required

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)

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, competitor strategies, and regulatory developments