Associate - Pricing, Forecasting & Market Insights

What is the opportunity?

This is an exciting opportunity to join the UK Savings Business in a role that will see you be heavily involved in the optimisation of pricing to deliver target balances and support on the overall pricing strategy by using commercial, competitor and market insight to spot trends and opportunities in the competitor and wider UK savings environment.

Location - successful candidate can be based in Belfast, Bristol or London

In this role you will:

• Develop a detailed understanding of business financials and the key drivers.
• Assist with preparation of pricing recommendations supported by detailed analytics and commercial impacts on the business in a manner that ensures that needs of all partners are balanced, customer impacts are considered and risks (including conduct risk) are assessed and mitigated.
• Use commercial, competitor and market insight to spot trends and opportunities in the competitor and wider UK savings environment and suggest appropriate response.
• Contribute to forecast process by interpreting results and provide details on variances and work with the Savings Portfolio Modelling team to support on the continuous improvement of the Portfolio Forecasting model to maintain its relevance and also improve functionality, speed and accuracy over time.
• Support the Lead - Pricing, Forecasting, Market Insights and Fair Value on the development and enhancement of fair value assessments of all open and closed savings products (30+).

What will make you stand out?

• Good understanding of the UK retail financial services market and savings products
• Proven analytical and research skills, with the ability to interpret large volumes of data, and identify potential opportunities for efficiencies and improvements
• Skilled in internal and external stakeholder management
• Ability to summarise large amounts of data or information and distil into key messages
• Well-developed communication skills, both oral and written, with the confidence to present to senior management.
• Results oriented self-starter and great team mate, with the flexibility to operate effectively, under pressure in a dynamic business environment.

Essential Qualifications

There are no specific qualifications or minimum educational requirements needed for this role.

More about the team

Our UK strategy places emphasis on delivering improvements to our customers' experience, on generating efficiencies, on managing for value rather than volume and thereby improving returns, and on maintaining the quality of our lending.

UK Savings business is part of Savings & Lending business unit and has full P&L, customer experience, risk and regulatory responsibilities for all Consumer Savings products sold under, PO, AA and BOI UK brands. As well as ensuring that we can provide product and services that meet our customer needs, we ensure that we can meet the bank's funding requirements at optimum cost.

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Why work with us?

Bank of Ireland prioritises work-life balance with an opportunity for flexible working, along with 24 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy and working parent supports.

Your wellbeing is important to us; we have an employee assistance program along with other fantastic supports. We also encourage and support staff to pursue educational and professional qualifications to grow and enhance your career!

Key Competencies

• Customer Focused - Self
• One Group, one team - Self
• Accountable - Self
• Amplify Capability - Self
• Manage Risk - Self

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce.