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 - and achieve our vision of becoming the best bank for customers.

There couldn't be a better time to join Business Banking, as we work to help Britain recover, supporting Small to Medium-sized Enterprises with turnover up to £3m.

The Products & End to End Journey (P&E2EJ) team is here to make it easier for businesses to succeed. The team builds the products and services our customers need, delivering a compassionate banking experience throughout the life of their business. Our purpose has clear connection to the broader purpose of LBG and Business Banking, with the real ability to touch the lives of our customers, and to have an impact on the overall prosperity of the country.

Pricing underpins margin management of Business Banking's product holdings and plays an integral role in delivery of our financial commitments. The pricing team will own the pricing strategy and commercial management aspects. The role involves understanding and optimising Lending profitability by developing and improving Profitability models, reporting and analysing margin performance and developing pricing strategies for small business customers.

As a Pricing Manager you'll work closely with a variety of partners from Finance, Distribution Channel, Transformation, Credit Risk & Capital teams to build robust pricing and profitability capability as well as draw up effective proposals to share with Head of and Senior Product managers. You'll also be responsible for ensuring we adhere to all risk controls applicable to pricing, including regulatory compliance with CMA. This will be an excellent opportunity for you if you're keen to broaden your product knowledge, and further develop your technical capabilities.

Location & ways of working

Our team is based across our London, Bristol, Birmingham and Edinburgh hubs therefore we'll need you to be based a commutable distance from one of these areas. We work in a hybrid model, splitting our time between the office and working from home.

As a Pricing Manager, you'll:

• Support internal customers to ensure their needs are met

• Analyse key themes using data from a range of sources and identify possible impacts on the business

• Own margin management for Business banking and take corrective actions where needed

• Write and edit material for a variety of target population, tailoring the tone and content to match the needs and expectation of each audience

• Support development and delivery of plans for financial management and risk controls from a pricing perspective

• Identify short comings, then suggest and implement improvements to business practices

• Lead price change projects as and when needed

• Understand internal risk controls as well as external regulations to ensure as a division we always adhere to these requirements

• Act as a Benchmark Officer for Business Banking, review and maintain a Benchmark Log for all Benchmarks annually to ensure the information remains current and to re-perform the due diligence test of its fitness for purpose according to criteria contained in the Benchmark

About you:

Essential skills

• We're looking for a Pricing professional who is passionate about data; It's essential that you have a strong numerical background and good attention to detail

• You should have the ability to understand financial concepts (e.g. margins, returns, capital etc), identify performance trends and translate them into practical pricing strategies that are in line with our strategic objectives.

• You'll also need to have a commercial and strategic attitude.

• You should be able to provide analytical solutions to business objectives and problems.

Desired skills

• Having a Financial Services/ Lending background is preferred but not essential, however having a sound understanding and/or interest in Business banking and a desire to apply and grow your technical skills with us, will be.

What would you get in return?

In return for your expertise and creative thinking, you'd be working in a fully supportive team. We've got a fast pace and dynamic culture - with lots of humour. We care deeply about development and this role provides a fantastic opportunity to widen your network as you collaborate with teams across the Group and work directly with our Senior Leaders in Retail Bank.

Does this sound like you?

If so then please get in touch, we'd love to hear from you! In return for bringing us your passion and engagement, we're offering a strong platform to fulfil your career potential.

We're dedicated to giving you opportunities and support to develop you both expertly and personally to optimise your potential. You'll join us on our journey to build a 21st century bank that reflects modern Britain and craft an inclusive culture where all colleagues feel encouraged and valued.

You'll also receive a benefits package which includes:

• A performance related award

• Generous pension contribution

• 30 days leave plus bank holidays

• Access to share schemes

• A flexible cash pot (4% of base salary) to spend on benefits

We're an equal opportunity employer and deeply value diversity within our organisation. We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Together we make it possible.