Hours 35 per week Mon-Fri 9am-5pm
Up to £30,000 pa depending on experience + annual bonus
Cardiff City Centre
MotoNovo Finance has an exciting opportunity for a Pricing Analyst to join our Pricing Department.Based in the heart of the Cardiff City Centre, in our state of the art brand new building, we are looking for passionate individuals to support our expanding Pricing Department by providing a professional service throughout the pricing lifecycle.As a MotoNovian you can enjoy a fantastic benefits package ranging perks such as extra days off for your birthday, Christmas shopping days and so much more in between.Please note that candidates must successfully complete a credit check prior to attending an interview.We are committed to the achievement of equal opportunities.Thank you for your interest in MotoNovo Finance. We endeavour to respond to all applicants however due to the volume of CV's received if you do not receive a response within two weeks please treat your application as unsuccessful on this occasion.Please continue reading more information regarding the role.SummaryTo support the Pricing department to review, analyse and report on dealer performance throughout the pricing lifecycle (proposal, origination and portfolio). Support the Head of Pricing in the Turbo securitisation work stream.Responsibilities
Review and assess new pricing proposals received from the sales division. Providing in-depth insight and analysis backed up by analysis, evaluation and recommendations
Compare actual new business originated (Profit League) with original new business proposals (Pricing Models), and report key variances to the relevant sales manager and Pricing Committee. Liaise with account manager to understand and explain performance issues. Oversee the production and distribution of month end “profit league” reports.
Compare actual dealer performance (Portfolio reporting) against expected at proposals and at time of origination.
Review and audit mid-tier accounts pricing proposals to ensure mandate are adhered to.
Share knowledge and best practice with sales intelligent, dealer services and MI teams in order to improve the pricing process and pricing lifecycle.
Work with the team to ensure the models are appropriate models to analyse portfolio, loan profitability, segmentation and pricing.
Identify and monitor emerging issues and trends
Deputise for Pricing and MI officer in PPC.SecuritisationBecome the point of contact for the securitisation work stream.Coordinating the delivery and production of company information, investors presentation pack, quarterly reporting pack, due diligent queries and reports to parent companies, stakeholders and investors.GeneralEnsure operational procedures and technical documentation is complete and regularly updated.Provide expert financial advice and guidance to each business unit as required, including attending dept. meetings, providing workshops or support in whatever form is suitable.To provide financial analysis and recommendations on any other ad hoc project as directed by the Head of Pricing. Maintain a comprehensive and up to date knowledge and understanding of MotoNovo Finance products and services, providing accurate information and proactively promoting them where appropriate. Ensure that TCF outcomes are adopted and good customer outcomes are achieved within the areas of responsibility.Maintain an up-to-date knowledge of accounting, legal and regulatory requirements including but not exhaustively; IFRS, tax, data protection, money laundering, health & safety, FCA, employment matters together with other legislative requirement as appropriate.Maintain good knowledge and understanding of all relevant policies and procedures relevant to the role, being compliant with these policies and procedures at all times.Treat customers fairly and aim to deliver fair customer outcomes in all of our day-to-day processes.Recognise, recommend and where appropriate implement improvements to processes and procedures, ensuring that the efficiency, effectiveness and compliance of the department is maintained and activities are in line with current methods.Ensure that all system based records are maintained in an accurate and timely manner (and ensure that data integrity is maintained at all times) as prescribed by regulatory, legislative and company procedures.Continue to develop self and role by studying relevant training materials and product information and continually develop and improve product knowledge.Ensure that prompt and regular communication and support is maintained between all internal and external parties to ensure seamless and consistent service levels are maintained at all times, reporting exceptional matters to line management.Maintain and review department policies and procedures, or create new ones as required to ensure they are sufficiently robust. Ensure processes are adhered to fully, recognising, recommending and where suitable implementing improvements.Ensure department compliance with legislative and regulatory requirements, including not exhaustively; Credit Consumer Act, Data Protection, Anti Money Laundering, Health and Safety, FLA, Employment and other legislative requirements (as applicable).Undertake any other reasonable tasks as requested by line management.
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