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- Tasks: Analyse commercial performance and influence pricing strategies for credit cards.
- Company: Join Tesco Bank, a supportive and inclusive workplace.
- Benefits: Competitive salary, annual bonus, private medical insurance, and 25 days holiday.
- Why this job: Make a real impact on pricing strategy while developing your career.
- Qualifications: Experience in regulated industries, strong analytical skills, and proficiency in SAS/SQL.
- Other info: Hybrid working with opportunities for continuous learning and development.
The predicted salary is between 43600 - 55500 £ per year.
Serving our customers, communities, and planet a little better every day.
Salary - Between £43,600 - £55,500 + annual bonus & benefits
Location – Edinburgh, Permanent
Office Attendance - Our roles are hybrid, however you should be able to travel to our Edinburgh office, 2 days per week for this position.
A chance to thrive
We’re looking for a Senior Commercial Analyst to join our Pricing team at Tesco Bank. This role is pivotal in the design and creation of Credit Card pricing, giving you close access to senior leadership, as well as the opportunity to influence the pricing strategy of the business. You’ll have exposure to the bank’s plan, and you’ll be key in delivering margin and lending targets as well as having plenty of opportunity to showcase your talent, through presenting at senior forums and leading projects.
What you’ll be doing:
- Interpret commercial performance and provide insight and recommendations on commercial trends. Help senior management make effective decisions based on the data and ensure they are clear on the implications.
- Support the development of analytical models and use these tools to price existing and new products, based on historical data, market data, and input of commercial teams.
- Contribute to reviewing existing processes and decision settings and generate new ideas to assist in identifying continuous improvements.
- Support the implementation of BAU pricing changes across products. Coordinate with cross-functional teams to ensure seamless execution of pricing strategies.
- Conduct in-depth analysis on pricing-related issues and opportunities as they arise. Provide data-driven insights to support strategic decision-making.
We need you to have:
- Experience working within a highly regulated industry, ideally with lending or savings products knowledge
- Strong Commercial acumen
- Experience of working in a fast-paced environment with strong communication skills
- Analytical capability
- Proficient in SAS/SQL, Power BI and Excel
We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us.
What’s in it for you:
- Plan confidently for the future with our non-contributory colleague pension scheme.
- Access Private Medical Insurance, including a convenient GP service.
- Enjoy a discretionary annual incentive.
- Take time to rest and recharge with 25 days’ holiday plus 8 bank holidays.
- Make the most of our family-friendly benefits, including enhanced maternity pay, shared parental leave and paid paternity leave.
- Grow your skills with our ongoing learning and development opportunities, designed to help you build the career you want.
- Choose from a range of flexible benefits so you can tailor a package that works best for you.
Everyone’s welcome
We want all our colleagues to always feel welcome and be themselves at Tesco Bank. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.
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 Bank looks like, click apply to find out more!
Why Tesco Bank?
Whether we’re helping our customers or looking after our people, you’ll find there’s a warmth and friendliness to everything we do. It means we put your wellbeing first and give you bags of support, training and development, so you can build the career that’s right for you. It’s about looking after each other with the same care that we give to our customers. We’ve created an environment where everyone feels included, accepted and welcome. Which means you can bring your whole self to work every day and totally thrive at the same time.
Senior Commercial Analyst employer: Tesco Underwriting Ltd.
Contact Detail:
Tesco Underwriting Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Commercial Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Tesco Bank on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for those interviews by brushing up on your analytical skills. Be ready to discuss how you've used data to drive decisions in past roles. Show us you can think critically about commercial trends!
✨Tip Number 3
Don’t underestimate the power of a follow-up! After your interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds!
✨Tip Number 4
Make sure to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Tesco Bank.
We think you need these skills to ace Senior Commercial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Commercial Analyst role. Highlight your analytical capabilities and any experience in regulated industries, as these are key for us.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about this role and how you can contribute to our pricing team. Be specific about your commercial acumen and any relevant projects you've led.
Showcase Your Analytical Skills: Since this role involves a lot of data interpretation, mention your proficiency in SAS/SQL, Power BI, and Excel. Give examples of how you've used these tools to drive insights or improve processes in previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.
How to prepare for a job interview at Tesco Underwriting Ltd.
✨Know Your Numbers
As a Senior Commercial Analyst, you'll be expected to interpret commercial performance. Brush up on your analytical skills and be ready to discuss how you've used data to influence pricing strategies in the past. Prepare specific examples that showcase your ability to derive insights from complex datasets.
✨Understand the Market
Familiarise yourself with current trends in the lending and savings industry. Be prepared to discuss how these trends could impact Tesco Bank's pricing strategy. Showing that you understand the competitive landscape will demonstrate your strong commercial acumen.
✨Communicate Clearly
Strong communication skills are key for this role, especially when presenting to senior leadership. Practice articulating your thoughts clearly and concisely. Consider doing mock presentations to friends or family to build your confidence and refine your delivery.
✨Showcase Your Problem-Solving Skills
The role involves reviewing existing processes and generating new ideas for continuous improvement. Think of examples where you've successfully identified issues and implemented solutions. Be ready to discuss your thought process and the impact of your actions during the interview.
