End Date

Salary Range

We support agile working – click here for more information on agile working options.

Agile Working Options

Job Description Summary

Job Description

At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best bank for our customers. What we do makes a genuine difference to families, businesses and communities, and we're playing a central role in building a growing UK economy.

Our brands, our services and our business span every aspect of banking and finance, including some of the biggest names on the UK's high streets. That gives us a big responsibility to support the UK economy, and we have a clear strategy to put customers first.

Motor Finance & Leasing (MFL) is a key part of the Retail Bank, the largest division in Lloyds Banking Group. We help our customers by fulfilling their mobility needs through Lex Autolease, Black Horse and Online Car Finance (OCF). We strive to deliver customer service excellence that responds to constantly evolving customer needs.

You'll join us as a Pricing Manager, at the forefront of our Black Horse and Lex Autolease brands. You'll understand and optimise our lending profitability, develop pricing strategies for new customers, and provide analysis, tool and process enhancements. There'll also be scope to get involved with a wider range of initiatives, including honing future strategies for Rate for Risk, developing the automation of pricing for dealer segments, and establishing volume and margin plans alongside our finance business partners.

Working closely with colleagues from Finance, Distribution, Credit Risk, and Operations to build robust pricing and profitability capability, you'll draw up effective proposals to share with the MF&L Head of Commercial Insight.

Accountabilities will include:

• Monitoring existing pricing deals to ensure performance is as expected

• Crafting new pricing proposals in conjunction with the sales teams, providing well-considered challenge, to ensure optimum returns are achieved

• Supporting the pricing governance process, using your expertise and judgement to help shape decision making

• Improving overall pricing processes through automation, improved MI provision and up to date modelling.

Working in partnership with others will be key - you'll collaborate closely with colleagues to encourage and maintain best practise. And you'll work alongside Finance and Risk teams to ensure pricing remains in line with the financial and risk goals of the overall business.

The role is flexible in location terms, and can be based from our London, Edinburgh, Cardiff or Stockport office. As a team we follow a hybrid working model, combining working from home with travel to our offices.

About you

You'll enjoy working in a dynamic environment and are looking for opportunities to hone and develop your capabilities, both from a pricing and a relationship management perspective, whilst utilising your broad range of analytical skills.

Essential Skills and Experience:

• Significant experience in an analytical role within Financial Services, or similar commercial sector

• Proficiency in Excel and PowerPoint

• Accustomed to stakeholder management in the workplace, up to senior level

• Well-honed written and verbal communication skills, with audiences at all levels of the work hierarchy.

Desirable Skills and Experience:

• Previous experience of pricing within Financial Services or similar commercial sector would be advantageous but isn't essential

• Prior exposure to SQL, SAS or similar would be an advantage, but can be learnt on the job.

So what can we offer you in return?

We're dedicated to giving you opportunities and support to develop you both professionally and personally to optimise your potential.

You'll also receive a package that includes:

• Discretionary performance share award

• Private Medical Insurance

• Generous pension contribution

• 30 days leave plus bank holidays

• Flexible cash pot (4% on top of base salary) to spend on benefits.

We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit.

We support the principles of agile working and will be pleased to consider applications from candidates seeking flexible working arrangements.

So if you’d like to be part of an inclusive, values-based culture focused on making a difference, we’d love to hear from you!

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain recover. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.