Job Title: Pricing Analyst
Location: Solihull; a flexible hybrid working model which supports you as well as enabling you to work collaboratively with your colleagues
Hours: Full time, Permanent
______________________________________________
A bit about us:
At BNP Paribas Personal Finance, we are proud to be part of a global banking group. Our mission is simple: to provide straightforward consumer finance solutions that empower customers to make responsible financial decisions. We partner with some of the UK’s most well-known retailers and brands to help their customers finance purchases in a responsible way.
The Role:
The Pricing Analyst is a critical role supporting the development of pricing strategies for the personal loans business unit during a period of significant business growth, driving increased margin in the personal loans business unit.
Key Responsibilities:
- Support the management of pricing across multiple products, channels, and partners. Continually review effectiveness of pricing and develop recommendations for pricing changes.
- Effectively optimise commercial levers to ensure profitability and fair value.
- Operating within a framework of authority delivering price changes within prescribed mandate
- Ensure that pricing is appropriate for the level of risk for each customer segment by working with Risk to understand expected risk by channel, partner, and customer segment.
- Ensure that pricing changes are implemented to meet representative rate regulatory requirements and in place for promotional activity.
- Daily performance monitoring of relevant KPIs.
- Ensure risks are identified and mitigated while adhering to appropriate controls and processes to meet both internal and regulatory requirements.
- Utilising channel specific pricing analysis, statistical modelling and strategy development to ensure a balance of commercial performance, market competitiveness and customer interests is maintained across highly competitive pricing environments
Skills & Attributes:
- Previous experience / background in Pricing, Revenue generation, statistics.
- Experience working with SAS, SQL, or Python. (Desirable)
- Experience in Excel (Key)
- Pricing experience in Financial Services (Desirable).
- Proven knowledge of key drivers of margin through effective pricing.
- Ability to build out profitable pricing models.
- Proven data analysis experience.
What’s in it for you?
Joining BNP Paribas Personal Finance means becoming part of a Top Employer UK dedicated to making a difference to the lives of our customers. Along with a fulfilling career, you'll be able to enjoy a benefits package which you can tailor to your lifestyle and needs, with key highlights including;
- Competitive salary and a contributory pension scheme
- Access to our Health Cash Plan Scheme
- A multi-award-winning flexible benefits platform offering life insurance, private medical insurance, or lifestyle benefits that include discounts on dining, cinema, and days out
- The opportunity to buy and sell holidays, giving you even more control over your work-life balance
Could this be you?
Making a positive impact is at the heart of everything we do – whether for our colleagues, customers, partners, or the community. We live by our values: We’re positive, we’re brave, and we own it. We believe a positive attitude and a passion for making things happen matter most. Don’t let confidence hold you back – there’s no such thing as a ‘perfect’ candidate. If you meet 75% of the requirements for this role, we want to hear from you! Whether you're considering a career change or exploring a sector jump, we welcome applicants with transferable skills.
Apply now to express your interest and discover how you can make a meaningful contribution to our dynamic team.
To learn more about careers at BNP Paribas Personal Finance UK, visit our website: https://www.bnpparibas-pf.co.uk/careers.
Equal Opportunities Disclaimer
BNP Paribas Personal Finance promotes equality of opportunity and is committed to ensure that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation.
