About the role

AI summarised

The AVP, Unsecured Loans Pricing Manager is responsible for developing and managing pricing strategies for unsecured loan products at a bank. This role involves analyzing market trends, competitor pricing, and risk factors to optimize profitability while ensuring regulatory compliance.

BusinessFull-timeGeneral

Key Responsibilities

Develop and implement pricing strategies for unsecured loan products to maximize profitability and market share.
Monitor market trends, competitor pricing, and economic indicators to adjust pricing models accordingly.
Collaborate with risk management to incorporate credit risk assessments into pricing decisions.
Analyze portfolio performance and customer behavior to identify opportunities for pricing optimization.
Prepare and present pricing recommendations to senior management and stakeholders.
Ensure pricing strategies comply with regulatory requirements and internal policies.
Work with product, marketing, and sales teams to align pricing with business objectives.
Conduct scenario analysis and stress testing to evaluate the impact of pricing changes.

Requirements

Bachelor's degree in Finance, Economics, Business, Mathematics, Statistics, or a related field.
Minimum 8 years of experience in pricing, risk management, or financial analysis within banking or financial services.
Strong analytical and quantitative skills with proficiency in financial modeling and data analysis.
Experience with SQL and advanced Excel for data manipulation and reporting.
Knowledge of unsecured lending products, credit risk, and regulatory frameworks (e.g., Basel, SOX).
Excellent communication and stakeholder management skills.
Ability to work independently and manage multiple priorities in a fast-paced environment.
Proven track record of driving pricing strategies that balance profitability and risk.
Experience with pricing optimization tools or platforms is a plus.
Advanced degree (MBA or Master's) preferred.