Senior Pricing & Cost Analyst

This role will take ownershipofanalysing, managing, andoptimisingthe economics ofMarTrust\’sand Navigator\’s global payment network. The role combines elements of cost control, pricing strategy, and treasury analytics to strengthen profitability and ensure a unified view of payment partner performance and network efficiency.

The Senior Pricing & Cost Analyst will act as the key liaison between Finance,Operations,Commercialand Productteams, ensuring that network cost data, pricing frameworks, and liquidity decisions areaccurate, data-driven, andcontrol focused.

Job Responsibilities

Payment Partner Cost and Performance

• Analyse partner cost structures, service levels, and transaction performance to ensure best-value routing across corridors.
• Benchmark contracted vs actual costs and performsample audits to validate accuracy of partner billing.
• Perform periodic checks on partner invoices to verify fees, spreads, and FX rates charged versus contractual terms.
• Provide monthly reporting on partner cost performance and route efficiency.
• Optimise internal and external payment network structures to support scale-up to ~100,000 payment transactions and $17bn annual flow.
• Evaluate alternative partner routes and corridor coverage based on cost, reliability, and FX efficiency.
• Provide analytics to support renegotiation and onboarding of partners to deliver measurable network savings.

Treasury & Liquidity Analytics

• Analyse liquidity usage across currencies, partners, and rails to identify trapped or underutilised balances.
• Analyse settlement cycles, float balances, and funding costs to identify idle or inefficiently deployed cash.
• Support Payment Operations in forecasting and allocating liquidity by corridor and payment partner.
• Develop insights linking liquidity use to partner billing, payout timing, and FX exposure impacts.
• Recommend actions to optimise prefunding levels and currency allocation efficiency.

FX Positions, Exposure and Hedging Recommendations

• Monitor FX gains and losses arising from daily transactions and settlements across MarTrust and Navigator.
• Track and explain variances between transactional FX rates and benchmark rates, identifying drivers such as timing mismatches or partner spread changes.
• Produce periodic exposure analysis by currency and recommend hedging or offset actions aligned to Treasury strategy eg weekend thresholds.

Payout and FX Pricing / Custom Price Proposals

• Support development of FX and payout pricing frameworks aligned to true network cost and target margins.
• Collaborate with Finance, Commercial and Product teams to prepare customer-specific price proposals and profitability analysis.
• Monitor realised versus target margins, identifying corrective actions or repricing needs.
• Recommend price tiering or routing adjustments based on corridor cost performance and market competitiveness.

Requirements

• 5-8 years\’ experience in payments, fintech, or banking, ideally focused on pricing analysis, partner cost control, or treasury analytics.
• Proven experience analysing payment network performance, FX costs, and partner fee structures.
• Exposure to cross-border payout networks, card scheme economics, and multi-currency settlement flows. Experience of working across Finance, Operations, Product, and commercial teams to drive cost savings and pricing improvements.
• Strong background in financial analysis, pricing, or payments network optimisation, ideally gained within a fintech or banking environment. Advanced skills in data modelling, cost analysis, and FX or treasury analytics preferred, supported by practical experience in partner cost or network performance analysis.
• Understanding of payment network architecture, partner pricing models, and FX margin drivers.
• Skilled in data modelling, cost benchmarking, and performance tracking using Excel, Power BI, or similar tools.
• Knowledge of cross-border payments, multi-currency treasury operations, and hedging principles.
• Ability to design and manage pricing frameworks and approval processes across payout and FX services.
• Familiarity with card scheme cost structures (MasterCard, VISA assessments & cross-border) is advantageous.