Pricing Analyst

at  BNP Paribas

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.

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.

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