Pricing Modelling Lead Analyst

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