Savings Analyst

Savings Analyst

Edinburgh Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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Vida Bank

At a Glance

  • Tasks: Analyse data to support our savings business and drive performance improvements.
  • Company: Vida Bank, a forward-thinking bank focused on helping underserved customers.
  • Benefits: Comprehensive benefits package, flexible working, and a supportive culture.
  • Why this job: Join a diverse team and make a real impact in the financial sector.
  • Qualifications: Degree educated with strong Excel and data analysis skills.
  • Other info: Dynamic environment with opportunities for personal and professional growth.

The predicted salary is between 36000 - 60000 £ per year.

About us

Vida Bank provides competitive savings products through Vida Savings and specialist mortgage solutions through Vida Homeloans.

Our mortgage business supports Buy to Let (BTL) and residential borrowers (ROO) who find themselves underserved elsewhere. Our mortgage customers range from Buy to Let investors, to the self-employed and customers with multiple jobs.

Our savings proposition is delivered online via our website, and is focussed on providing savers with fair, transparent and competitive rates. Our typical customers are active savers, who tend to look beyond their current account provider for savings accounts.

Our business model and strategy are underpinned by our core purpose to ‘Help More People Find a Place to call Home’.

We are here to help the under-served, especially those with more nuanced personal circumstances or borrowing needs who are not able to access a mortgage from a mainstream mortgage lender. Working exclusively with intermediary partners, we combine cutting-edge technology with skilled and caring underwriting expertise to solve complex customer problems.

As a fully regulated UK based bank with ambitious growth aspirations, we recognise the importance of having a clearly articulated culture strategy and the need to actively manage how it embeds in the business together with the behaviours which exemplify it.

As a recognised Best Companies Top 100 mid-sized company to work for in the UK and a finalist at the Financial Reporter Women’s Recognition Awards, we take pride in our diverse workforce, championing both ethic and gender diversity through our EDI commitments.

Having met the target set by being a member of the HM Treasury Women in Finance Charter we have 50% of senior management roles filled by women.

With offices in London, Newcastle and Skipton, we bring our teams together regularly to collaborate and empower our colleagues to have more choice around when and where they work on the days they are not in the office, with colleagues working remotely in various locations across the UK.

Our Culture

We are proud to have built a culture founded on an ethos of caring, and that sits at the heart of our Vida Values, driving the way we run our business, support our customers and other stakeholders on a daily basis.

We genuinely care about delivering the right outcomes for all our stakeholders who we consider through the cultural framework as our customers, colleagues, company and communities that we operate in.

By Joining Vida you will have a sense of belonging in what is a diverse and collaborative environment, where you will be empowered to take responsibility for driving delivery.

We embrace a diversity of backgrounds and experiences in our people, in the deeply held belief that better outcomes are achieved for customers when our colleagues are better placed to empathise with and understand their unique circumstances. From application to interview, we place inclusion at the heart of all we do.

Role Overview:

Support the delivery and understanding of our savings business through data analysis and visualisation.

Key Responsibilities:

Analysis of Savings book

  • Work with large volumes of data across multiple sources to problem-solve and find solutions to complex business questions and scenarios
  • Work with, and in some cases, build financial models to help run the savings business, e.g. price elasticity model
  • Produce reports and provide supporting commentary and analysis to assist management in its understanding of the savings business

Analysis of Savings market

  • Analyse savings market data to identify market trends and to help the business to understand both the wider market and Vida’s positioning within it
  • Read market reports, identifying the areas which are important to the Vida Savings business and producing concise summaries for the senior leadership team

Vision and Strategy for the Savings Business

  • Support development and implementation of the Retail Savings strategy to deliver business plan objectives and strategic priorities

Marketing team assistance

  • Analyse and interpret data from GA4 to uncover insights that drive performance improvements in Paid Search and Retargeting campaigns.
  • Build and maintain dashboards in Looker Studio to visualise campaign performance, and monitor KPIs (including CTR, CPC, ROAS, conversion rates, and customer acquisition cost).
  • Collaborate with the marketing team to optimise Google Ads, Microsoft Ads, and retargeting platforms (e.g., Meta, Display & Video 360).

Requirements:

  • Degree educated
  • Strong Excel proficiency, including ability to use PowerQuery and PowerPivot to build data models and analyse and interrogate datasets
  • Proficient with PowerBI – PowerBI programming skills are not required, but an ability to work with dashboards and data visualisations, and to export data for further analysis, is required
  • Able to build and manage relationships with key stakeholders to achieve long-term success
  • Good team player, gaining the benefits of working as a diverse team to achieve stronger results
  • Strong verbal and written communication skills with internal and external stakeholders
  • Proven ability to work on own initiative, solving problems where necessary, but ensuring collaborative approach to deliver high quality operational performance and customer journey

Our Values

Our values are well established and recognised throughout our organisation. They provide a frame of reference for the behaviours expected from our colleagues every day.

We find ways to break old conventions, especially those which cause exclusion or customer harm. We look for these qualities when hiring new talent into the organisation, and they underpin our approach to personal development and performance management for all our people. At the heart of this is the fact we care about our Customers, Our Colleagues and our Communities. We are:

Visionary– We innovate and break old habits, thinking big and pushing boundaries together as one team

Inclusive – We value each other’s differences and work to see people for who they really are

Dynamic – We are flexible and fast, cutting through complexity and never accepting second best

Authentic – We are honest and genuine, what you see is what you get

Benefits

We offer a comprehensive benefits package to support our employees’ professional and personal needs. Further details can be provided upon application.

Savings Analyst employer: Vida Bank

At Vida Bank, we pride ourselves on being a top employer, recognised for our commitment to diversity and inclusion, with 50% of senior management roles filled by women. Our collaborative work culture empowers employees to take ownership of their roles while enjoying flexible working arrangements across our London, Newcastle, and Skipton offices. With a strong focus on employee growth and a comprehensive benefits package, we are dedicated to supporting our team in achieving both personal and professional success.
Vida Bank

Contact Detail:

Vida Bank Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Savings Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Vida Bank. A friendly chat can open doors that a CV just can't.

✨Tip Number 2

Prepare for the interview by researching Vida Bank's values and culture. Show us how your skills align with our mission to help underserved customers. We love candidates who resonate with our ethos!

✨Tip Number 3

Practice your data analysis skills! Be ready to discuss how you've tackled complex problems in the past. We want to see your thought process and how you can contribute to our savings business.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Vida Bank.

We think you need these skills to ace Savings Analyst

Data Analysis
Data Visualisation
Financial Modelling
Excel Proficiency
PowerQuery
PowerPivot
PowerBI
Market Analysis
Report Writing
Stakeholder Management
Communication Skills
Team Collaboration
Problem-Solving Skills
Google Ads Optimisation
Dashboard Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Savings Analyst role. Highlight relevant experience and skills that match the job description, especially your data analysis and Excel proficiency. We want to see how you can contribute to our mission!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about working with Vida Bank and how your values align with ours. Show us your personality and let us know what makes you a great fit for our team.

Showcase Your Analytical Skills: Since this role involves a lot of data analysis, be sure to include examples of how you've successfully used data to solve problems in the past. We love seeing candidates who can think critically and provide insights from their analyses!

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, you’ll get a feel for our culture and values while you’re at it!

How to prepare for a job interview at Vida Bank

✨Know Your Numbers

As a Savings Analyst, you'll be working with data all day long. Brush up on your Excel skills and be ready to discuss how you've used data analysis in the past. Be prepared to share specific examples of financial models or reports you've created.

✨Understand the Market

Familiarise yourself with the current savings market trends and Vida Bank's position within it. Research recent market reports and be ready to discuss how these insights could impact the savings business. Showing that you understand the competitive landscape will impress your interviewers.

✨Showcase Your Communication Skills

Strong verbal and written communication is key for this role. Prepare to explain complex data findings in simple terms. You might even want to practice summarising a piece of data analysis as if you were presenting it to a non-technical audience.

✨Emphasise Team Collaboration

Vida Bank values teamwork and collaboration. Think of examples where you've successfully worked in a diverse team to achieve a common goal. Highlight how you build relationships with stakeholders and contribute to a positive team environment.

Savings Analyst
Vida Bank
Location: Edinburgh
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