Product Manager - Pricing & Performance

Banking is changing at Nationwide. With an increased focus on growing our business and meeting more of our member’s unsecured borrowing needs, we are looking to add to our talented and experienced team that monitor the trading performance and set pricing strategies for our unsecured lending products.
We are looking for a Product Manager who is highly numerate with a track record of adding value through analysis and insight. You will enjoy working in a fast-paced environment in a role where you can make a real difference.
You will be responsible for setting and monitoring trading objectives for our unsecured lending products, monitoring what’s happening across the industry to understand how our propositions and pricing benchmark against other lenders. You will produce data driven insight to solve business problems and develop pricing proposals to meet trading objectives whilst considering customer outcomes.
At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.
For this job you'll spend at least two days per week, or if part time you'll spend 40% of your working time, at one of our offices. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.

If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.

What you’ll be doing

• Use internal and external information and data to build understanding and insight of product performance and effectively communicate this to key stakeholders.
• Use your commercial, numerical and analytical skills to identify opportunities to develop product and pricing proposals.
• Play an instrumental role in setting financial objectives and operational forecasts based on historical book performance and broader market influences.
• Develop quality written proposals that facilitate formal decision making and broadens the understanding of key issues.
• Proactively manage your own work and the work of others

About you

As a minimum you’ll need to have or be:

• A strong background in analysis and insight with the drive to develop your knowledge and take on new challenges.
• Experienced in using software such as SAS, SQL, Python for analysis and leading/coaching less experienced analysts.
• You’ll think strategically with the ability to identify challenges and develop solutions through market and member insight.
• You’ll work well on your own and as part of a team, producing insight and developing pricing proposals which balance commercial and customer outcomes.
• You’re able to work collaboratively, with good relationship building and influencing skills and the confidence to communicate up to Board level.
• Have excellent organisational skills and the ability to proactively manage your own work and the work of others.
• Flexible, creative, positive with a high attention to detail.

You’ll preferably have

•  Prior experience in a pricing role and/or working with unsecured products – credit cards, personal loans, or overdrafts.

 Our Customer First behaviours are all about putting customers and members at the heart of how we work together. You can strengthen your application by showing the behaviours that resonate with you, and how you might have already demonstrated these.

• Say it straight - This is about being honest and direct with good intent and saying what needs to be said in the room. It’s also about being clear, precise, and using language that we and, importantly, our customers and members can understand.
• Push for better - This is about aiming high and constantly looking for better in how we work together and serve our customers and members.
• Get it done - This is about prioritising what will have the greatest impact, being decisive and taking accountability for delivering on the end-to-end outcome.

We’d love to We know applying for jobs can sometimes feel like you’re sending an application into a black hole. We review each application individually. So, it’s a good idea to call out your most relevant experience on your application to give yourself the best chance.

We’re also interested in who you are as a person. Why? Because our membership is made up of so many different kinds of people, so we want our employees to be just as diverse. We’d love to hear about:

• Your values, and what makes you who you are
• How you’d make a difference to our members in this role

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

• A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%.
• Up to 2 days of paid volunteering a year.
• Life assurance worth 8x your salary.
• A great selection of additional benefits through our salary sacrifice scheme.
• Access to an annual performance related bonus.
• Access to training to help you develop and progress your career.
• 25 days holiday What makes us different Nationwide is the world’s largest building society.
• Gympass – Access to a range of free and paid options for health and wellness.

What makes us different

With over 15 million customers, we have a relationship with almost a quarter of the UK’s population. We’ve got the scale to compete with the big banks, but we’re not a bank.

As a building society, we’re owned by our members – that’s our customers who have their current account, mortgage, or savings with us. It means we can do things differently to deliver our Purpose – Banking – but fairer, more rewarding, and for the good of society.

When you work at Nationwide, you can experience that difference for yourself. You’ll be part of a high-performing, purpose-driven organisation that offers rewarding career experiences and a highly competitive range of benefits to match. You’ll also be joining us at an important NBS Internal time as we seek to reach more and more people in the UK. We want everyone in the UK to know that they don’t have to bank with a bank. They can choose a modern mutual instead.

What to do next

If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.

We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.

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