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Job Description Summary

Job Description

JOB TITLE: Loans Pricing Manager

SALARY: The salary banding for this role is £59,850 - £79,800

LOCATION: Edinburgh, Leeds, Chester or Newport,

HOURS: 35 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.

About this opportunity

We’re offering the unique opportunity to influence the strategic direction of the UKs largest consumer finance provider. You’ll be responsible for leading the team to optimise individual customer pricing across our four brands – Lloyds, Halifax, BoS and MBNA – and via our own and third-party digital channels, delivering fair value for customers and ensuring responsible lending within risk appetite.

Our Pricing team delivers high quality pricing strategy, profitability analytics capabilities to support the commercial performance and strategic objectives of the Loans business. As a pricing manager, you’ll provide actionable insight to optimise our performance, pricing, proposition development, and customer loan demand within our channels and journeys.

What will I be doing?

• Responsibility for the Loans ‘Best in Class’ pricing strategy, delivering front-book margin plan, and optimising individual customer pricing across all brands using advanced analytics pricing models, with approvals from Loans Director and/or CEO Consumer Lending.
• Making recommendations based on extensive market knowledge to shape the Loans commercial agenda.
• Building strong relationships internally and externally, including with third-party suppliers, to maximise commercial impact.
• Maintaining pricing risk, ensuring product and pricing deliver fair value to customers, and decisions stay within credit risk appetite.
• Owning and maintaining an accurate view of front-book profitability, including funding costs, expected loss rates, and capital assumptions.
• Forecasting pricing and profitability, including lending, balance sheet, market share, and margin outlook.

Why Lloyds Banking Group

We aim to build a sustainable business and a workplace where people love to work. We seek colleagues eager to challenge boundaries and drive change, growing with purpose.

What you’ll need

• Strong leadership and interpersonal skills to inspire and develop an inclusive team, role model values, and foster continuous improvement.
• Commercial acumen, understanding financial metrics and performance drivers to maximise performance.
• Curiosity and innovation mindset, eager to challenge the status quo and solve problems with data.
• Ability to extract insights from data, simplify complex information, and tell compelling stories using tools like VBA, SQL, Python, SAS, Power BI, and Tableau.
• Effective communication and influence skills, capable of engaging at all organisational levels, including senior management.

We are committed to diversity and inclusion and welcome applications from underrepresented groups. We are disability confident and can provide reasonable adjustments during the recruitment process.

Benefits include:

• Up to 15% pension contribution
• Annual performance bonus
• Share schemes including free shares
• Flexible benefits like discounts
• 30 days’ holiday plus bank holidays
• Wellbeing initiatives and parental leave policies

Join us to do meaningful work that impacts millions. Join our journey.

At Lloyds Banking Group, our purpose is to help Britain prosper. We focus on making a difference for our customers, businesses, and communities. Our scale offers many opportunities to learn, grow, and develop.

We ensure your data is safe, requesting confidential information only after a formal invite or offer, and explaining our needs clearly.

We value a culture of inclusion and aim to reflect the diversity of the communities we serve, building an environment where all colleagues can thrive.