Pricing & Commercial Manager

What is the opportunity?

Reporting to the Product Lead for Northern Ireland, this is an exciting opportunity to join the Everyday Banking Product & Solutions Team. You'll be responsible for enhancing our pricing and commercial capabilities across Current Accounts, Overdrafts, Cards and Business Savings to support our growth ambitions. Initially, we'll focus on Business Savings.

Location - successful candidate can be based in Belfast or London

In this role you will:

• Be responsible for designing and delivering all strategic and tactical product pricing initiatives across Products and Solutions, building advanced knowledge of our product financials and key commercial drivers, using insight trend analysis to build and improve forecasting capabilities and identify commercial opportunities.
• Build and enhance our pricing capabilities to meet enhanced regulatory standards including Fair Value Assessments across all open and closed product portfolios.
• Deliver Products and Solutions led pricing governance, business performance and competitiveness reporting including management of pricing mandates, Business Management Committee updates and monthly reporting packs.
• Monitor competitor pricing propositions, pricing strategies and market movements to protect and grow market share.
• Monitor and understand the drivers of commercial performance, developing forecasts and tracking performance.
• Support capability uplift by coaching and mentoring colleagues to share knowledge, standard methodology and commercial experience.

What will make you stand out?

• Significant hands-on commercial experience in pricing and forecasting ideally in financial services.
• Strong commercial judgement, proven analytical and research skills with the ability to interpret large data sets and set out clear and unambiguous commercial recommendations including pricing propositions.
• Advanced Microsoft Excel, Word and PowerPoint skills with the ability to manipulate and analyse complex data sets. Experience of using statistical software suites would be highly beneficial.
• Advanced communication skills including well-developed presentation skills including an ability to "story tell" across a range of complex topics as well as experience preparing C-level papers
• Relationship management focussed with a collaborative style; strong ability to challenge constructively and influence a range of stakeholders to deliver the best outcomes
• Knowledge of the evolving UK financial services industry with an awareness of the opportunities and threats from new and emerging technologies as well as the impacts of the regulatory landscape.

Ideally, you will be of graduate calibre from a STEM background with Professional or Chartered Banker status or a willingness to work towards accreditation.

Essential Qualifications

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

More about the team

The Everyday Banking business brings together all our direct-to-customer businesses in Northern Ireland and through our partnerships with the Post Office. The Products & Solutions team is a critical component of this business unit and exists to design and deliver market leading products that meet the everyday banking needs of personal and business customers.

The team is responsible for achieving great customer outcomes with products, services and experiences that truly meet the needs of our customers, within the framework of compliance and regulation. As the focal point of a critical range of activities and fields, the team is pivotal in our mission to transform the bank.

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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
• Accountable - Self
• One Group, one team - Self
• Amplify Capability - People Manager
• Champion Transformation - People Manager

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.

We offer reasonable accommodation at every stage of the application and interview process. If you require assistance, please contact recruitdirect@boi.com.