At a Glance
- Tasks: Implement pricing policies and manage contract hire pricing processes.
- Company: Join Hyundai Capital UK, a dynamic joint venture in automotive finance.
- Benefits: Competitive salary, annual bonus, flexible holidays, and healthcare benefits.
- Other info: Hybrid working model with excellent career growth opportunities.
- Why this job: Make an impact in the automotive finance sector with data-driven insights.
- Qualifications: Strong analytical skills and experience with large data sets required.
The predicted salary is between 32750 - 36750 £ per year.
HCUK Pricing Analyst Country: Reino Unido
Background
Hyundai Capital UK Ltd is a joint venture established in 2012 by Santander Consumer UK and Hyundai Capital Services Korea. It operates under the Hyundai Finance, Kia Finance, and Genesis Finance brands, providing funding solutions to both retailers and consumers.
Job Purpose
The Pricing Analyst reports to the Head of Pricing and supports the development, implementation, and review of pricing policies, models, and processes. Key functions include maintaining and updating pricing models, supporting contract hire pricing, analysing data to inform pricing decisions, improving reporting, providing input on portfolio performance and contributing to wider business activities as needed.
Key Accountabilities
- Price Modelling Manage and maintain dynamic pricing models. Validate and update key assumptions. Support the Head of Pricing in building pricing proposals.
- Price Analysis Provide timely and accurate pricing information, ensuring profitable products and tactical initiatives are created, reviewed and maintained effectively. Understand how data inputs influence pricing Analyse and monitor product performance and escape potential issues affecting future losses.
- Technical Advice Stay informed on external factors influencing pricing such as economic conditions, automotive market trends, and regulations. Understand and explain pricing methodologies for products including loan, lease, and wholesale products, including tax considerations. Demonstrate awareness of the impact of pricing methodology changes on business profitability.
- Reporting Maintain and enhance management information (MI) reporting suites and dashboards. Identify and explain key monthly report movements to line management, demonstrating accuracy, insight and understanding the financial data being reported.
- Stakeholder Engagement Build effective relationships with internal teams, manufacturer partners, joint venture partners, data providers, outsourced operational teams, and third party suppliers. Collaborate with Finance, Risk, Sales, and other departments to support effective pricing activity and decisions.
- Risk and Compliance Identify risks, incidents, and breaches in line with company policies and procedures.
- Responsible Use of AI Confidently use approved AI tools to support role objectives. Ensure AI outputs are accurate, explainable, and compliant with company policies and data protection. Develop AI competency and identify opportunities to improve quality and efficiency through AI.
- Other Duties Perform additional tasks as reasonably requested.
Key Competencies
- Analytical Thinking: Ability to break down complex tasks into component parts and consider each part in detail. Able to grasp ideas quickly.
- Problem Solving: Ability to identify issues, assess available information and develop practical, evidence-based solutions.
- Recognising Patterns: Linking concepts and data for deeper insight into factors influencing pricing.
- Attention to Detail: Maintaining accuracy under pressure.
- Communication: Clear written and verbal communication, and able to engage effectively with diverse stakeholders.
- Teamwork: Collaborative working relationships.
- Time Management: Ability to effectively plan and prioritise workload independently and across multiple projects.
Key Expertise
Relevant pricing, risk, or financial analysis experience in financial services, preferably automotive or asset finance. Strong data analysis and manipulation skills. Advanced Microsoft Excel and Office skills. Experience with MI/reporting and technical knowledge. Broad understanding of financial services operations, automotive market dynamics, and residual value data management. Knowledge of financial services regulatory and compliance policies. Demonstrable finance experience or degree-level education in Business Administration, Economics, Statistics, Mathematics, or related fields.
Desirable but not essential
- Part-qualified or studying towards accountancy qualifications (ACA, CIMA, ACCA, AAT).
- Knowledge of SAS.
Other Information
The role is hybrid, requiring a minimum of two days per week at the Reigate, Surrey head office.
Remuneration Package
Starting salary range: approximately £33,750 to £40,000, dependent on experience / expertise. Eligibility for an annual bonus based on company and individual performance.
Benefits
- 27 days annual leave plus public / bank holidays, with a flexible holiday scheme.
- Additional one day of annual leave after five years of continuous service.
- Company pension with generous employer contributions.
- Private medical insurance after one year of continuous service.
- £500 voluntary benefits allowance annually.
- Death in service and income protection benefits.
- Voluntary discounted healthcare benefits including dental and health assessments.
- Employee car scheme via salary deductions (available post probation).
- Employee assistance program.
- Inclusive leave and family-friendly policies.
- Flexible working opportunities.
To find out more about this role and our company.
O Efeito SantanderNosso trabalho atinge 140 milhões de vidas todos os dias. Como? Sempre inovando, compartilhando nossas experiências, questionando como fazemos as coisas e nos adaptando a novos desafios. À medida que continuamos nos reinventando para a era digital, você descobrirá que, conosco, até mesmo sua menor ação terá um impacto enorme. Esse é o Efeito Santander.
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HCUK Pricing Analyst in Redhill employer: Banco Santander SA
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StudySmarter Expert Advice🤫
We think this is how you could land HCUK Pricing Analyst in Redhill
✨Tip Number 1
Network like a pro! Reach out to people in the automotive finance sector, especially those connected to HCUK. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by diving deep into pricing models and market trends. Show us you know your stuff about the automotive finance world, and don’t forget to have examples ready that highlight your analytical skills!
✨Tip Number 3
When you apply, do it through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at HCUK.
✨Tip Number 4
Follow up after your interview with a thank-you note. It’s a simple gesture that keeps you on their radar and shows your enthusiasm for the role. We love seeing candidates who are proactive!
We think you need these skills to ace HCUK Pricing Analyst in Redhill
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the HCUK Pricing Analyst role. Highlight your experience with pricing analysis, data manipulation, and any relevant financial services background. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the automotive finance sector and how your analytical skills can contribute to our team. Keep it concise but impactful – we love a good story!
Show Off Your Data Skills:Since this role involves handling large data sets, make sure to showcase your proficiency in Excel and any experience with reporting tools. We’re keen to see examples of how you've used data to drive decisions or improve processes.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at HCUK!
How to prepare for a job interview at Banco Santander SA
✨Know Your Numbers
As a Pricing Analyst, you'll be dealing with large data sets and pricing models. Brush up on your Excel skills, especially formulas and VBA, so you can confidently discuss how you've used these tools in past roles. Be ready to share specific examples of how your analytical skills have led to successful pricing strategies.
✨Understand the Market
Familiarise yourself with the automotive finance sector and current economic factors that influence pricing. Research Hyundai Capital UK and its competitors to understand their pricing policies. This knowledge will help you articulate how external influences affect pricing decisions during the interview.
✨Communicate Clearly
Strong communication skills are key for this role. Practice explaining complex pricing methodologies in simple terms. Prepare to discuss how you've effectively communicated with stakeholders in previous positions, as this will demonstrate your ability to engage with various teams within the company.
✨Showcase Problem-Solving Skills
Be prepared to discuss specific challenges you've faced in pricing analysis and how you approached solving them. Highlight your attention to detail and ability to recognise patterns in data. This will show that you can not only analyse data but also use it to make informed decisions that benefit the business.
