Loans Pricing Manager

time left to apply End Date: September 3, 2025 (13 days left to apply)

SALARY: The salary banding for this role is £59,850 - £79,800

LOCATION: Edinburgh, Leeds, Chester or Newport,

HOURS: 35 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're offering the unique opportunity to influence the strategic direction of the UKs largest consumer finance provider. You'll be responsible for leading the team to optimise individual customer pricing across our four brands - Lloyds, Halifax, BoS and MBNA - and via our own and third-party digital channels, delivering fair value for customers and ensuring responsible lending within risk appetite.

Our Pricing team delivers high quality pricing strategy, profitability analytics capabilities to support the commercial performance and strategic objectives of the Loans business. As a pricing manager, you'll provide actional insight to optimise our commercial performance, pricing, proposition development and customer loan demand within our channels and journeys.

What will I be doing?

Responsibility for the Loans 'Best in Class' pricing strategy. Delivering front-book margin plan, optimising individual customer pricing across all brands using advanced analytics pricing models, navigating pricing approvals secured from Loans Director and/or CEO Consumer Lending

Extensive market knowledge and awareness - making recommendations from your insight to shape the Loans commercial agenda

Strong interpersonal skills to maximise commercial impact, demonstrating and maintaining internal and external customer relationships - including our third-party suppliers

Ultimately responsible for the maintenance of pricing risk, ensuring product and pricing delivers fair value to customers and that pricing decisions are within credit risk appetite

Ownership and maintenance of an accurate view of front-book profitability, including funding cost via hedging process with Treasury, expected loss rates via credit risk, cost and capital assumptions via Finance and CRDIV programme

Ownership of pricing and profitability forecasts, including lending, balance sheet, market share and margin outlook

Why Lloyds Banking Group

From building a truly sustainable business to creating a place where people love to work, we need colleagues who are up for the challenge of our bold ambitions. Who are excited to push boundaries and make change happen. Together, we can grow with purpose.

What you'll need

We'll be looking for these skills and experiences. But we know careers, like life, don't always go in a straight line. So, if you don't have some of these but think you've got what it takes, get in touch. We're hiring for attitude, experience, and expertise in equal measure.

Strong People Leadership and interpersonal Skills: You'll inspire and empower an inclusive team, be able to stretch, coach and develop to improve performance and provide a great team environment. As a member of the leadership team, you'll role model the LBG Values & Leadership behaviours with a passion for continuous improvement

Commercial Acumen: Leading the team to maximise commercial performance, with a clear understanding of financial metrics and performance drivers. Highly numerical, data-driven individual, responsible for maximising commercial performance, having a clear understanding of financial metrics and performance drivers

Intellectually & Analytically Curious: Unafraid to challenge the status quo, have an intellectually curious outlook, where you seek to innovate and adapt quickly from setbacks. Passionate about solving problems and finding innovative ways to bring data to life

Data Insights and Storytelling: Guiding the team to extract customer and performance insights from customer-level datasets, simplifying the complex to be an effective storyteller and influence a diverse range of customers. The ability to analyse data using coding languages and data visualisation tools such as Pricing Optimisation packages, VBA, SQL, Python, SAS, Power BI and Tableau

Communicate & Influence: Present and influence effectively at all levels of the organisation, including Managing Director level.

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 want our people to feel that they belong and can be their best, regardless of background, identity or culture.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.

And it's why we especially welcome applications from underrepresented groups.

We're disability confident. So if you'd like reasonable adjustments to be made to our recruitment processes, 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

Want to do amazing work, that's interesting and makes a difference to millions of people? Join our journey.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. 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 keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

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.

With 320 years under our belt, we're used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers.

Here, you'll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.

For more Flexible Working Options please use the free text search, e.g. job sharing, variable hours, to identify relevant matches.