Senior Commercial Analyst

Tesco Bank; City of Edinburgh; Hybrid; GBP 43,000 - GBP 56,000; Full time

Job summary

A major financial institution is seeking a Senior Commercial Analyst to join their Pricing team in Edinburgh. This hybrid role focuses on the design and creation of Credit Card pricing strategies. You will analyze commercial performance, develop pricing models, and support cross-functional teams to implement pricing changes. Ideal candidates will have experience in regulated environments and skills in SAS/SQL, Power BI, and Excel. This position offers a salary between £43,600 and £55,500, alongside bonuses and numerous employee benefits.

Benefits

Non-contributory pension scheme

Private Medical Insurance

Discretionary annual incentive

25 days’ holiday plus 8 bank holidays

Enhanced maternity and paternity pay

Ongoing learning and development opportunities

Flexible benefits package

Qualifications

• Experience working within a highly regulated industry, ideally with lending or savings products knowledge.
• Strong communication skills necessary for fast-paced environments.
• Ability to provide data-driven insights for strategic decision-making.

Responsibilities

• Interpret commercial performance and provide insight and recommendations.
• Support the development of analytical models for pricing.
• Review existing processes and generate new ideas for improvements.
• Implement pricing changes across products with cross-functional teams.
• Conduct in-depth analysis on pricing-related issues.

Skills

Experience in regulated industries

Strong Commercial acumen

Fast-paced environment experience

Analytical capability

Proficient in SAS/SQL

Proficient in Power BI

Proficient in Excel

Job description

Serving our customers, communities, and planet a little better every day.

Salary - Between £43,600 - £55,500 + annual bonus & benefits

Location – Edinburgh, Permanent

Office Attendance- Our roles are hybrid, however you should be able to travel to our Edinburgh office, 2 days per week for this position.

Closing Date - Applications 20th February at 5pm

A chance to thrive

We’re looking for a Senior Commercial Analyst to joint our Pricing team at Tesco Bank.

This role is pivotal in the design and creation of Credit Card pricing, giving you close access to senior leadership, as well as the opportunity to influence the pricing strategy of the business.

You’ll have exposure to the bank’s plan, and you’ll be key in delivering margin and lending targets as well as having plenty of opportunity to showcase your talent, through presenting at senior forums and leading projects.

What you’ll be doing

• Interpret commercial performance and provide insight and recommendations on commercial trends. Help senior management make effective decisions based on the data and ensure they are clear on the implications.
• Support the development of analytical models and use these tools to price existing and new products, based on historical data, market data, and input of commercial teams.
• Contribute to reviewing existing processes and decision settings and generate new ideas to assist in identifying continuous improvements.
• Support the implementation of BAU pricing changes across products. Coordinate with cross-functional teams to ensure seamless execution of pricing strategies.
• Conduct in-depth analysis on pricing-related issues and opportunities as they arise. Provide data-driven insights to support strategic decision-making.

We need you to have

• Experience working within a highly regulated industry, ideally with lending or savings products knowledge
• Strong Commercial acumen
• Experience of working in a fast-paced environment with strong communication skills
• Analytical capability
• Proficient in SAS/SQL, Power BI and Excel

We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us.

What’s in it for you

• Plan confidently for the future with our non-contributary colleague pension scheme.
• Access Private Medical Insurance, including a convenient GP service.
• Enjoy a discretionary annual incentive.
• Take time to rest and recharge with 25 days’ holiday plus 8 bank holidays.
• Make the most of our family-friendly benefits, including enhanced maternity pay, shared parental leave and paid paternity leave.
• Grow your skills with our ongoing learning and development opportunities, designed to help you build the career you want.
• Choose from a range of flexible benefits so you can tailor a package that works best for you.

Everyone’s welcome

We want all our colleagues to always feel welcome and be themselves at Tesco Bank. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.

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How to apply

We value our people anddiverse teams and believe the variety of backgrounds and experiences make usstronger to achieve our goals.

Our colleagues are workinghybrid, taking time to meet with colleagues in our offices for moments thatmatter, such as team catch ups, planning meetings and more. If you’reinterested in finding out more about what a career at Tesco Bank looks like,click apply to find out more!

Why Tesco Bank?

Whether we’re helping our customers or looking afterour people, you’ll find there’s a warmth and friendliness to everything we do.

It means we put your wellbeing first and give you bagsof support, training and development, so you can build the career that’s rightfor you. It’s about looking after each other with the same care that we give toour customers.

We’ve created an environment where everyone feelsincluded, accepted and welcome. Which means you can bring your whole self towork every day and totally thrive at the same time.