Savings Pricing and Performance Manager
1 day ago
Job Title
Our client is a well-renowned FinTech company that is seeking a Savings Pricing and Performance Manager to join their team on a permanent basis
If you are looking to build your career with an ever-growing business, this may be your role
Key Responsibilities
- You will be working with the Head of Pricing & Performance responsible for retail deposit pricing and ensuring performance meets budgeted plans and evolving the Savings financial product proposition, including identifying and delivering opportunities in directand partner channels.
- Working closely with a range of internal stakeholders (Finance, Treasury, Data & insights, Operations, Marketing, Compliance, Legal)
- Responsibility for setting acquisition and retention forecasts to manage products/balances to agreed financial metrics -Margin over market swap rates, Overall cost of funds (interest cost), Liquidity cost targets, Retention targets
- Build insight into customer base and deeper segmentation to identify opportunities for deepening relationships, improving customer choice, meeting customer needs, and building a strong and sustainable savings franchise
- Report all issues of regulatory concern to the relevant divisions across 1st and 2nd line Risk, Compliance, and Legal
- Communicate and escalate potential issues/risks in a prompt and effective manner
- Ensuring accuracy of rates/product information/ summary boxes/ website content
- Front book pricing - efficiently price flow versus cost, taking into consideration the impact of smoothing inflows against the additional cost to carry
- Back book - ensuring the existing book is priced effectively in relation to the market and other products
Required
- At least 3-5 years experience in Product Management
- Relevant degree or Professional qualifications preferred (e.g. CIM, Accounting, Legal)
- Pricing and margin management experience
- Desirable to have experience in an agile working environment
- Putting customers (internal and external) at the heart of all decision making
- Adopting the values and behaviours that exemplify the corporate culture
Location
Glasgow
Package
Salary up to £65,000 with excellent benefits
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