Senior Pricing Analytics Analyst
RateSetter, United Kingdom

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
Unspecified
Total Vacancies
1 Job
Posted on
Apr 28, 2021
Last Date
May 28, 2021
Location(s)

Job Description

Do you enjoy working in a fast-paced environment, solving real problems with data and analytics?

Are you able to understand and work within pricing frameworks and balance business needs with delivering positive customer outcomes?

Do you have a passion for advanced analytics and machine learning algorithms and how they can be applied in financial services to add value?

If yes, then we could have the perfect role for you!


RateSetter specialises in delivering market-leading personal loans along with consistently excellent customer service. As part of Metro Bank since September 2020, RateSetter is at the heart of the bank’s strategy to grow unsecured personal lending.

We have an excellent opportunity for a Senior Analyst to develop and optimise RateSetter’s personal loans pricing across a range of distribution channels. You will need to appropriately balance risk and returns whilst ensuring that you understand and engage with our customers’ needs and put them at the heart of the strategy.

Role responsibilities will include:

  • Extract, manipulate and analyse data to understand trends in customer behavior and implement improvements in our origination and retention strategies to achieve growth
  • Define, develop, evaluate and oversee the implementation of innovative and optimal pricing models and strategies
  • Create high-value analysis, synthesising quantitative and qualitative data to provide clear, actionable insights on originations and customer management approaches
  • Carry out complex scenario analysis and work on opportunities for initiatives to generate incremental revenue for the business
  • Investigate our exposure to different kinds of pricing and market risks, and our resilience in times of stress, and propose frameworks and/or activities to manage these
  • Develop a commercial understanding of key business metrics relevant to consumer finance analytics and prepare accurate and timely MI/reports for senior management
  • Support our range of business growth initiatives
  • Coach and mentor more junior members of the team effectively


Requirements


And. we are a regulated financial services organisation so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and RateSetter and have the courage to call out any concerns.

  • Understand the risks associated with your job and what that means for you, RateSetter and all our stakeholders
  • Degree educated in a quantitative/numerical/statistical discipline (economics, maths, physics, engineering) or relevant experience working in a similar role within financial services
  • Data analytics and modelling expertise within a regulated financial services environment, preferably within consumer finance (e.g. mass-market loans, credit cards, etc.)
  • Hand on experience with core analytical and statistical techniques, including regression analysis, ideally applied to large scale analytics and pricing models
  • Ideally, applied experience of neural network models, machine learning, stochastic models, tree networks, etc. and the ability to adapt those in the real world
  • Advanced SQL coding and Excel skills (up to Macro level)
  • Solid experience working with SAS, R or Python and a desire to develop those coding skills further
  • Functional understanding of how consumer lending products operate and how key parts of the Pamp;L might interact
  • Knowledge of FCA regulations and experience applying them in a practical capacity within a fast-growing organisation
  • Experience disseminating complex information to all stakeholders in a "user-friendly" manner and turning insight into action
  • Demonstrable track record in successfully working on multiple projects concurrently, managing possible conflicting priorities and delivering within agreed parameters, especially under pressure
  • Ability to challenge in a constructive way, and influence others to deliver processes and solutions in line with regulatory requirements



IMPORTANT FOOTNOTE;

Diverse teams really are the best teams. We know that candidates (especially women, research tells us) may be put off applying for a job unless they can tick every box. We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request, we are happy to be asked. So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet why not give it a whirl? Good luck!

Given the current pandemic we are working in line with government guidelines and where possible colleagues are working remotely. However, this is an office based role, w

Job Specification

Job Rewards and Benefits

RateSetter

Information Technology and Services - London, United Kingdom
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