Pricing Manager - Business Transaction Banking
Join to apply for the Pricing Manager - Business Transaction Banking role at Lloyds Banking Group
Pricing Manager - Business Transaction Banking
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Join to apply for the Pricing Manager - Business Transaction Banking role at Lloyds Banking Group
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JOB TITLE: Pricing Manager - Business Transaction Banking
LOCATIONS: Birmingham / Bristol / Edinburgh / Glasgow / Leeds / Manchester
HOURS: Full-Time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites
About This Opportunity
We have a fantastic new opportunity in the Pricing & Forecasting Team within our Business Transaction Banking team (BTB), a part of the wider Business & Commercial Banking (BCB) business unit. This team covers pricing and forecasting current accounts, savings, client money & term and notice products supporting customers with their day-to-day banking needs. This helps to grow our business through co-ordinated client propositions managing £bns worth of deposits across customers from Business Banking to Mid-Corporates.
The team is responsible for shaping the end-to-end strategy, pricing approach & balance sheet forecast & NIM guidance. We do this at a sector, segment & Divisional levels.
Reporting to the Director of Deposit Pricing, the Pricing Manager is responsible for:
Developing and providing rolling updates to commercial revenue forecasts across BTB portfolio working within agreed financial calendar and drawing in SMEs from across wider product teams as appropriate
Enhanced forecasting & value analysis by client, segment & sector based on what we have learned over time
Consistent drive to improve analytics and supporting data sets that underpin effective pricing and forecasting decisions
Assessment on impact of (and realising benefits from) both tactical and strategic initiatives that support underlying budget and forecast assumptions
Key Accountabilities
Contribute to a successful and dynamic organisation through strategic change and optimisation
Accountable for regular business updates across partners and overall execution of the strategy agreed.
Contribute to customer & colleague happiness through improvement in performance to metrics as measured by balance actuals to forecast / NIM actuals to forecast / hedge to balance actuals / creation of value
Manage balances to meet the BCB balance sheet requirements
Drive improvement in the overall pricing experience for customer & colleagues through the development of effective analysis & tools as measured by client 360 at product level
Ensure all processes are manged in line with Group risk appetite.
Work with multiple partners in BCB to ensure effective collaboration and build a "One Team" environment.
Build a strong, dynamic, mentoring culture within the team
Review, analyse and present management information to senior management, recommending actions to ensure achievement of business objectives.
As a member of the Pricing and Forecasting team build & be responsible for upholding the LBG values.
Work with the supplier management and procurement to ensure all key internal and external supplier relationships have focused control and supervision. Retain accountability at all times for building strong partnerships and ensuring an appropriate balance between commercial and risk objectives.
Build, encourage and maintain continuous feedback loops and training to ensure that market & competitor trends and customer requirements are fully understood and that LBG are fully equipped to meet those requirements.
Drive diversity and inclusion agenda and strong talent and performance management approach.
What You'll Need
Track record of delivery in a banking service provision environment, demonstrating a clear focus on meeting agreed business targets, priorities and objectives - including commercialise investment projects.
Business strategy and model - Consistent track record to craft strategy and continuously improve the business through the generation of new and practical ways of operating to address problems and gain advantage.
Financial and Non-financial analysis - interpret the financial and non-financial information, thereby identifying key issues and putting in place appropriate actions, controls and measures.
Product/Procedural/Specialist Knowledge - A deep understanding pricing & customer behaviour with supporting operational processes with extensive knowledge of the wide variety of constructs appropriate to deliver compliant best in market pricing approach.
Large scale change - validated experience in delivering customer focused, ground-breaking change across a large organisation and sophisticated partner matrix. Ability to deliver both business and client value drivers to effectively meet critical metrics and SLAs across both performance and budget.
Customer - able to lead the customer relationship in order to understand their needs and translate sophisticated business requirements into a clear product line plan, ensuring its effective delivery to client needs and resultant business for the bank.
Collaboration - a strong teammate willing to take the broader view for the benefit of the wider team, taking into account the needs of all partners.
Influencing - ability to influence across LBG Group leadership teams as appropriate. Needs to influence at all levels of the Bank and likely to be required to lead partners up to and including MD. An effective communicator with ability to communicate sophisticated topics up to MD level.
About Working For Us
Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We're committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best.
As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern.
If you have a disability, you can also apply via our Disability Confident Scheme (DCS). Through the DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria for the advertised job role.
We also provide reasonable adjustments throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you'd like an adjustment to the recruitment process just let us know.
We also offer a wide-ranging benefits package, which includes:
A generous pension contribution of up to 15%
An annual performance-related bonus
Share schemes including free shares
Benefits you can adapt to your lifestyle, such as discounted shopping
30 days' holiday, with bank holidays on top
A range of wellbeing initiatives and generous parental leave policies
If you're excited by the thought of becoming part of our team, get in touch. We'd love to hear from you.
Seniority level
* Seniority level
Mid-Senior level
Employment type
* Employment type
Full-time
Job function
* Job function
Product Management and Strategy/Planning
* Industries
Banking, Financial Services, and Investment Banking
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