Lending Pricing Associate Director, Business & Commercial Banking

Tuesday 28 March 2023 £61,911 - £68,790 Hybrid Working There couldn’t be a better time to join our Lending & Working Capital team within Business & Commercial Banking (BCB), as we work to help support Small to Medium-sized Enterprises and make it easier for them to succeed. The team builds the products and services our customers need, delivering a compassionate banking experience throughout the life of their business. Our purpose has clear connection to the broader purpose of LBG, with the real ability to touch the lives of our customers, and to have an impact on the overall prosperity of the country.

Pricing underpins margin management of BCB’s lending products and plays an integral role in delivery of our financial commitments. The pricing team own the pricing strategy and commercial management aspects. The role involves understanding and optimising Lending profitability by developing and improving Profitability models, reporting and analysing margin performance and developing pricing strategies for small business customers.

• Support internal customers to ensure their needs are met
• Analyse key themes using data from a range of sources and identify possible impacts on the business
• Own margin management for Business banking and take corrective actions where needed
• Lead price change projects
• Write and edit material for a variety of partners, tailoring the tone and content to match the needs and expectation of each audience
• Support development and delivery of plans for financial management and risk controls from a pricing perspective
• Identify short comings, then suggest and implement improvements to business practices
• Understand internal risk controls as well as external regulations to ensure as a division we always adhere to these requirements

• We’re looking for a Pricing professional who is passionate about data; It’s essential that you have a strong numerical background and good attention to detail.
• You should have the ability to understand financial concepts (e.g. margins, returns, capital etc), identify performance trends and translate them into practical pricing strategies that are in line with our strategic objectives.
• You’ll also need to have a commercial and strategic attitude.
• You should be able to provide analytical solutions to business objectives and problems.
• Desirable: Having a Financial Services/ Lending background is preferred but not essential, however having a sound understanding and/or interest in Business banking and a desire to apply and grow your technical skills with us, will be.

• Discretionary Performance Share Award
• Generous pension contribution
• A flex benefits cash pot you can adjust to suit your lifestyle (4% on top of your basic salary)
• Private health cover
• 30 days holiday plus bank holidays