At a Glance
- Tasks: Drive revenue growth and enhance customer journeys in a collaborative environment.
- Company: Join Tesco Insurance and Money Services, making a real difference every day.
- Benefits: Generous pension, private medical insurance, performance bonuses, and 7.2 weeks holiday.
- Other info: Flexible working options available to balance work and life commitments.
- Why this job: Shape the future of self-service banking while developing your career.
- Qualifications: Strong commercial acumen and advanced analytical skills required.
The predicted salary is between 51750 - 63250 £ per year.
Location: Edinburgh - 2 South Gyle Crescent, Edinburgh, EH12 9FQ
Department: IMS - Self-Service Banking
Business Area: Money Services
Working time: Full-Time
Salary: up to £54,600 + annual bonus & benefits
Work Level: 2
Office Attendance: Our hybrid working model gives you the best of both worlds - flexibility to work from home and valuable face-to-face time with colleagues. This role typically requires 2-3 days per week onsite.
Closing Date: Applications close on 23rd September at 5pm
Why this role?
Are you passionate about using commercial expertise to create better outcomes for customers? As a Commercial Manager, you'll help shape the future of Tesco's self-service banking proposition, balancing commercial performance with customer needs. From enhancing customer journeys and driving innovation to developing revenue growth strategies, you'll have the opportunity to make a real difference while working in a collaborative, agile environment that supports your development and growth.
What you’ll be doing:
- Drive revenue growth across in-store channels through commercial analysis, forecasting, and performance optimisation.
- Own financial planning and performance management for the ATM value stream, including budgeting, forecasting, cost control, and P&L support.
- Deliver data-driven insights and market intelligence to support strategic decision-making and identify growth opportunities.
- Develop business cases and lead initiatives that improve profitability, enhance customer propositions, and optimise business performance.
- Build strong stakeholder relationships across Finance and the wider business, providing leadership through effective people and matrix management.
- Uploading, validating and maintaining supplier data within commercial models that support strategic decision-making and drive business performance.
What we’re looking for (minimum criteria):
- Strong commercial acumen with experience managing budgets, forecasting, and driving revenue growth.
- Advanced analytical skills, including Excel modelling and the use of Power BI (or similar) to deliver actionable business insights.
- Experience building business cases and using data to support strategic decision-making.
- Ability to influence and collaborate with senior stakeholders across Finance, Operations, Technology, and external partners.
- Proven track record of identifying opportunities to improve business performance, customer outcomes, and profitability.
And if you have any of these, even better:
- Experience within Financial Services, Payments, Banking, or a similarly regulated commercial environment is advantageous.
We welcome applications from everyone. If you’re excited about this role but your experience doesn’t align perfectly with every requirement, we’d still love to hear from you.
What’s in it for you:
- A generous pension, with up to 7.5% employer contribution, depending on what you put in.
- Private Medical Insurance (WL2+) and virtual GP Service for you and your family.
- Performance related annual bonus.
- 7.2 weeks holiday, with the opportunity to buy more.
- Colleague Clubcard discount (10-15% + second card to share with someone else).
- Enhanced parental leave.
- Opportunities to Save and Buy as you earn.
- A place to get on - take advantage of our ongoing learning opportunities to help you achieve the job and career you want.
Interviews:
As a Disability Confident Employer (Level 2), we’re committed to creating an accessible and supportive environment for all. We offer reasonable adjustments throughout the recruitment process, including interviews, to ensure every candidate has a fair opportunity to succeed. We also know the importance of balancing work with life’s other commitments. Please talk to us at interview about the flexibility you need, as we’re committed to exploring part time and flexible working opportunities, at every level of the organisation.
Interviews are expected to be held shortly after closing date. Don't miss out. We're assessing applications throughout the recruitment process and may close this opportunity ahead of the closing date if we receive a high volume of applications.
Why Tesco Insurance and Money Services?
Seeing your impact all around you: there's no better feeling. Lucky for us, we get to feel it all the time. Because whatever our role, we're helping our colleagues and serving our customers, communities and planet a little better every day. We deal in the personal – from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you’ve worked hard for. Everything we do is about making things better. Not just for others, but for you too. It's why you'll get bags of choice and plenty of development. It's why you'll always be heard and find balance that works for you. It's why you'll feel totally at home in a place where everyone's welcome. So, if you want a career where you can do good and feel good, you've found it. Let's make everyday a little better.
Our story:
Making Insurance and Money Services more rewarding and offering great value and choice - because we know little wins can make a big difference. We began life in 1997 and now help more than 2 million customers protect what matters to them. We want to deliver a helpful service in everything we do and to make life easier for our customers. Our policies are really easy to manage online for our customers, but we know that being able to speak to our customer service staff when you need to is really important. This is why our customer service centres are open seven days a week. Delivering great customer service means having great people behind the scenes – people who understand our customers and are driven by doing the right thing for them. We offer colleagues a place where they can feel totally at home in a place where everyone's welcome, where they can be part of a great team focused on making a real difference for our customers.
How to apply:
We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals. Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Insurance and Money Services looks like, click apply to find out more!
Commercial Manager in Edinburgh employer: Tesco Bank
Tesco Insurance and Money Services is an exceptional employer, offering a dynamic work culture that prioritises flexibility and collaboration. With a generous benefits package including a robust pension scheme, private medical insurance, and extensive learning opportunities, employees are empowered to grow their careers while making a positive impact on customers and communities. Located in Edinburgh, the role of MI/BI and Analytics Manager provides a unique chance to lead innovative data initiatives within a supportive environment that values every team member's contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Manager in Edinburgh
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Tesco Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Commercial Manager in Edinburgh
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Tesco Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Tesco Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Tesco Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Tesco Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Tesco Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Tesco Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
