Loans Pricing Manager

End Date

Salary Range

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Job Description Summary

Job Description

JOB TITLE: Loans Pricing Manager - Unsecured Lending

LOCATION(S): Edinburgh, Leeds, Chester, Cardiff

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.

This is a chance to help shape the pricing strategy for the UK’s largest personal loans provider, supporting customers to borrow responsibly while helping the business grow in a fair, sustainable and commercially disciplined way.

Lloyds Banking Group is the UK’s number one provider of personal loans, with 24% stock market share and £11bn of customer balances. Our Loans business has grown consistently over recent years, and we have ambitious plans to continue growing balance sheet, market share, income and profit across our six-year operating plan.

As Loans Pricing Manager, you’ll play a key role in optimising customer pricing across Lloyds, Halifax, Bank of Scotland and MBNA, as well as our own and third-party digital channels. You’ll use data, analytics, market insight and commercial judgement to shape pricing decisions that deliver fair value for customers, support responsible lending and remain within risk appetite.

You’ll own and develop our “best in class” loans pricing strategy, leading front-book margin planning and individual customer pricing using advanced analytics and pricing models. You’ll also work closely with senior leaders across Loans, Credit Risk, Finance, Treasury and our third-party partners to develop pricing recommendations, secure approvals and influence the wider commercial agenda.

You’ll be responsible for maintaining a clear view of front-book profitability, including funding costs, expected loss rates, cost assumptions, capital impacts and wider market dynamics. You’ll also own pricing and profitability forecasts, covering lending, balance sheet growth, market share and margin outlook.

If you think all banks are the same, you’re wrong. We’re a pioneering, fast-changing business that’s shaping finance as a force for good. If you’re after a role where you can have an impact and do the best work of your career, you’ve just found it.

• 3+ years’ experience in pricing, commercial analytics, credit risk, financial services analytics, or a highly numerical commercial role, with a strong understanding of financial performance drivers, profitability and margin management.

• 3+ years’ experience using data, insight and analytics to shape commercial recommendations, influence decisions and identify opportunities that balance customer outcomes with business performance.

• 3+ years’ experience building, validating or interpreting analytical models used for pricing, forecasting, segmentation, customer analytics or profitability analysis.

• 3+ years’ experience working with data and visualisation tools such as Python, SQL, SAS, Power BI, Tableau, machine learning tools, cloud-based data platforms or similar analytical technologies.

• Proven experience influencing senior stakeholders, translating complex data into clear recommendations, and presenting insight in a way that supports decision-making.

• Strong market awareness, with the ability to interpret customer trends, competitor activity, external market conditions and regulatory developments to shape commercial strategy.

• Experience in unsecured lending, personal loans, credit cards, consumer finance, retail banking or another regulated lending environment.

• Experience working with pricing governance, credit risk appetite, fair value, responsible lending or regulatory pricing considerations.

• Experience partnering with Treasury, Finance, Credit Risk, Product, Digital or third-party suppliers to deliver commercial outcomes.

• Experience using advanced analytics, machine learning, agentic AI or cloud-native tools such as Google Cloud Platform.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

• A generous pension contribution of up to 15%

• An annual performance‑related bonus

• Share schemes including free shares

• Benefits you can tailor to your lifestyle, such as discounted shopping

• 30 days’ holiday, plus bank holidays

• A range of wellbeing initiatives and generous parental leave policies

Ready for a career where you can have a positive impact as you learn, grow and thrive? Apply today and find out more!

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 keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

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.