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- Tasks: Develop pricing strategies and analyse performance to drive business success.
- Company: Join the UK's 7th largest mortgage lender with a focus on mutual banking.
- Benefits: Enjoy 28 days holiday, a bonus scheme, and a matched pension plan.
- Other info: Hybrid working model with opportunities for career growth and collaboration.
- Why this job: Make a real impact in a dynamic team while shaping customer outcomes.
- Qualifications: Experience in pricing, forecasting, and strong Excel skills required.
The predicted salary is between 44200 - 66300 £ per year.
The Combination of the Coventry Building Society and the Cooperative Bank creates the UK's 7th largest mortgage lender and a mutual retail banking alternative to the big banks. The Group Commercial Office will be integral to the future development of the customer proposition and the commercial success of the combined business.
As a Product Performance Manager in the Homes team, you will:
- Develop and deliver pricing strategies that ensure strong commercial performance and customer outcomes.
- Shape pricing decisions balancing margin, risk, balance sheet sustainability and customer growth.
- Support the production of the annual strategic plan and ongoing forecasts that inform pricing decisions and value stream objectives.
- Develop high‑quality performance analysis and insight to track business performance, identify risks and opportunities and produce evidence‑based pricing proposals aligned to the Group's growth ambitions.
- Build trusted relationships with stakeholders across product, commercial, finance, treasury and insight teams and manage expectations to ensure decisions are well understood.
Location and working: Team‑led hybrid working on either Coventry or Manchester sites.
Benefits:
- 28 days holiday a year plus bank holidays and a holiday buy/sell scheme.
- Annual discretionary bonus scheme.
- Personal pension with matched contributions.
- Life assurance (6 times annual salary).
About you
Essential skills and experience:
- Experience in pricing, forecasting, performance analysis or financial modelling.
- Experience in planning, forecasting and financial interpretation.
- Strong experience creating performance analytics and commercial insight.
- Ability to develop and report on key value drivers and commercial outcomes.
- Strong Excel skills and data interpretation capability.
- Strong communication skills with the ability to translate complex analysis into clear insight.
- Proven stakeholder management and collaborative working style.
Desirable experience:
- Pricing experience within UK financial services, ideally mortgages.
- Understanding of mortgage market dynamics, competitor activity and commercial trade‑offs.
- Experience using analytical tools and advanced techniques to support pricing and strategy.
We celebrate diversity and are committed to equality. We are a Disability Confident Employer.
Performance Manager employer: The Coventry Building Society
Contact Detail:
The Coventry Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Performance Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Coventry Building Society. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to performance management and pricing strategies. We recommend using the STAR method to structure your answers – it really helps you shine!
✨Tip Number 3
Showcase your analytical skills! Bring examples of your past work where you've developed pricing strategies or performance analysis. Numbers speak louder than words, so let them do the talking.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Performance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Performance Manager role. Highlight your experience in pricing, forecasting, and performance analysis. We want to see how your skills align with 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 the perfect fit for the role and how you can contribute to our team. Be sure to mention your stakeholder management skills and any relevant experience in financial services.
Showcase Your Analytical Skills: Since this role involves a lot of data interpretation and performance analytics, make sure to showcase your strong Excel skills and any analytical tools you've used. We love seeing evidence of your ability to turn complex data into clear insights!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at The Coventry Building Society
✨Know Your Numbers
As a Performance Manager, you'll need to demonstrate your expertise in pricing and performance analysis. Brush up on key metrics related to financial modelling and be ready to discuss how you've used data to drive decisions in previous roles.
✨Showcase Your Stakeholder Skills
Building relationships is crucial in this role. Prepare examples of how you've successfully collaborated with different teams, like finance or commercial, to achieve common goals. Highlight your communication skills and how you translate complex data into actionable insights.
✨Understand the Market
Familiarise yourself with the mortgage market dynamics and competitor activities. Be prepared to discuss how these factors influence pricing strategies and customer outcomes. Showing that you’re informed will impress the interviewers.
✨Excel at Excel
Since strong Excel skills are essential, make sure you're comfortable with advanced functions and data interpretation. You might even want to prepare a quick example of how you've used Excel to analyse performance or forecast trends in your past work.