Our client is a mortgage and savings provider, offering a range of mortgage loans to the market. They have an exciting opportunity for a pricing professional to join their Product team and you can be based in either Wolverhampton or Chatham.
The purpose of this role is to ensure pricing is aligned to key business targets for all of the lending arms within mortgages. You will maintain an indepth understanding of the multiple markets and lending lines, gain approval and bring pricing changes to the market.
Our client offers a hybrid approach to the working week, with ideally 3 days in the office and 2 working remotely (there could be further flexibility around that).
Duties of the Product Manager will include:
- Provide day to day advice to senior management across the business for all brands and lending lines, with a detailed knowledge of the Mortgage market and the competitors.
- Manage the product ranges ensuring the pricing for each line is set to achieve the business targets for balance growth, returns and within risk appetite, applying best practice knowledge to identify risks and opportunities to delivering our plans
- Regularly review market positioning (rate, criteria, etc.) using accessible market intelligence and research to provide summaries to the team and stakeholders to support business decisions and the early identification of problems, working to resolve or mitigate issues.
- Play a key role in the launch of new product pricing, from design inception to delivery and sign off, ensuring other teams are aware of their roles as part of delivery.
- Contribute towards ensuring all product launches are 100% accurate and on time. Work with IT and Mortgage Operations to facilitate product launches and manage expectations accordingly.
- Carry out robust analysis and reviews as required to contribute to pricing papers that support the delivery of proposed strategic activity
The successful candidate will possess:
- Previous Pricing experience in mortgages
Please note that our client doesn’t provide technical equipment so you must either have your own laptop or be prepared to purchase one. They do offer a purchasing scheme.