Pricing Associate, Merchant Services

3 weeks ago

London, United Kingdom Lloyds Banking Group Full time

End Date

Sunday 05 March 2023

Agile Working Options

Hybrid Working

Job Description Summary

Business & Commercial Banking (BCB) provides a diverse range of products and services to its customers. The customers in these market segments are demanding and expect a significant level of expertise from the business. BCB and specifically Merchant Services has received significant investment under the Group Strategic Review demonstrating its strategic importance

An exciting opportunity has arisen for a motivated and ambitious colleague to join our Merchant Services - Pricing, Performance & Analytics Team, to help with the strategy and achieve the growth aspirations within the overall Cardnet Business and as part of the Merchant Services Growth Acceleration Programme.

**Job Description**:
As a Pricing Associate, you'll work closely with Cardnet sales and relationship management teams to help advise and support them in their engagement with merchants on pricing. You'll assist the overall team in delivering strategic pricing and performance initiatives including our annual pricing reviews.

You'll help to shape the future of pricing for the new Merchant Services proposition. Engagement will be required across a wide range of partners in product, risk, and coverage across BCB, along with our central Delivery colleagues and joint venture partner, Fiserv.

Responsibilities include:
- Analyse and respond to day-to-day merchant pricing proposals- Reprice analysis and execution- Assist the team with ongoing management of the Cardnet Pricing framework and execute pricing controls- Oversee merchant price monitoring (loss makers, etc.) actioning where required- Sales/RM engagement and pricing training as required- Support ad hoc merchant queries and rectifications

What are we looking for

Essential skills- Ability to think laterally, take initiative and develop and recommend solutions- Financial analysis skills and commercial acumen- Adept at excel and technologically savvy (Analytics a plus)- Organised and methodical in approach- Good understanding of merchant services market and pricing- Excellent communication skills and customer service oriented- Delivery focused and adept at partner management- Previous sales experience preferred

What we offer you

BCB represents a diverse team of motivated colleagues from a range of different backgrounds. We believe that having a diverse team helps us to deliver the best outcomes for our clients and for the bank. In our team we champion an inclusive culture where everyone is welcome and respected.

We'll provide you with continuous training and development opportunities and regular career development conversations to help you fulfil your career potential, whatever your aspirations may be.

We encourage a flexible working approach across our team. This is about more than just offering flexible working hours; it is about having trust in our team members to manage their work and their time as they see fit to allow them to deliver their best.

Alongside a competitive base salary (£45,198 - £52,731 for London based colleague) you’ll receive:
- Generous pension contribution and 28 days leave plus bank holidays- A flexible cash pot (4% of base salary) to spend on benefits- A Discretionary Performance Share Award- Private health cover and access to Share Schemes

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'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.

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