Pricing Product Manager

About the team

The Mortgage Product Pricing team are a highly energetic and proactive team that are responsible for setting the pricing for our mortgage range across all of the OSB brands for both new and existing customers. They monitor movements in the mortgage market, the wider economy and business performance versus target to then design products and pricing to ensure we keep on track to deliver the Group’s goals, as well as delivering the best customer outcomes.

The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

Alongside passion for our products and customers, we’re passionate about our people and want to continue building a collaborative and engaging environment. We’re dedicated to Diversity, Equity and Inclusion, encouraging differences and recognising that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.

In this role, you will be in a key position to contribute to the growth and continued profitability of the business by ensuring pricing is aligned to key business targets for the Precise Mortgages, KRFI and Inter Bay Commercial brands. In this important and valued role, you will have a direct impact on the success and growth of The Group.

• Providing day to day advice to senior management across the business for all OSB brands and lending lines, with a detailed knowledge of the Mortgage market and the competitors.
• Managing the product ranges ensuring the pricing for each line is set to achieve the business targets for balance growth, returns and within risk appetite.
• Playing 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.
• Regularly reviewing 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.
• Proactively developing and maintaining effective relationships with other teams to bring products to market effectively, including Marketing, Sales, Key Accounts and New Product Development.
• Take a proactive approach by making recommendations and proposals based on the latest market trends, not waiting for requests to make changes.

We offer a base salary dependent on experience and location of between £38,000 - £50,000 and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 15%
• 28 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan
• Maternity & Adoption Leave – Occupational Maternity / Adoption Pay provided at 100% of salary for the first 13 weeks and at 50% of salary for the next 13 week period.
• Paternity Leave – 4 weeks of paid leave to be taken within 8 weeks of childbirth.
• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme.

We are looking for talented individuals who have the experience and knowledge set out below:

• Previous experience in a mortgage pricing role, including larger complex cases is essential.
• IT skills in use of Microsoft Word & Excel are essential.
• Advanced organisational / prioritisation and attention to detail skills essential.
• Detailed…