Product Pricing Manager

Nottingham Building Society; Nottingham; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Discretionary bonus

Medicash healthcare

29 days annual leave + bank holidays

Enhanced family leave

35-hour working week

Volunteer days / community giving

Job summary

Nottingham Building Society is seeking a Product Pricing Manager to drive pricing strategy for our mortgage portfolio, optimise risk-adjusted returns and maintain a competitive product range. You will apply analysis, testing and market insights to improve trading performance, build pricing and retention models, and communicate decisions across teams and external partners.

We offer a competitive salary, discretionary bonus, 29 days leave plus bank holidays, enhanced family leave, and a 35-hour

Qualifications

• Proven experience in mortgage pricing, product management, or a similar commercial role within a regulated financial services environment.
• Highly analytical with advanced Excel capability; experience in Power BI, SAS or similar data interrogation tools.
• Strong understanding of UK mortgage market, regulatory landscape and customer needs.

Responsibilities

• Manage mortgage pricing and product range activity to optimise risk-adjusted returns and support growth.
• Use analysis, testing and market insights to improve trading performance and pricing propositions.
• Develop and enhance pricing, retention and customer behaviour models.
• Lead communications on pricing decisions, product changes and trading performance.
• Implement controls and automation to ensure robust pricing processes.
• Support budgeting, forecasting and proposition development with pricing input.

Skills

Mortgage pricing

Pricing strategy

Analytical mindset

Advanced Excel

Power BI

SAS

UK mortgage market knowledge

Communication skills

Tools

Power BI

SAS

Excel

Job description

Location: Head Office, Nottingham (Hybrid working, minimum 2 days per week)

We’re hiring a Product Pricing Manager!

In this role, you'll help drive the commercial delivery of our mortgage strategy through pricing optimisation and range maintenance, ensuring our products remain competitive and aligned to customer and business needs.

Here’s a taste of what you will be doing as a Product Pricing Manager at Nottingham Building Society: -

• Manage mortgage pricing and product range activity to optimise risk-adjusted returns, support balance sheet growth, and deliver great customer outcomes, helping more people achieve home ownership.
• Use analysis, testing, and market insights to improve trading performance and enhance customer propositions, including launching new products and assessing price elasticity.
• Apply a strong understanding of profitability, risk-adjusted returns, and commercial drivers to support both day-to-day trading and strategic decision-making.
• Develop and enhance financial models, including pricing, retention, and customer behaviour models, to drive commercial and customer value.
• Lead internal and external communications on pricing decisions, product changes, and trading performance across colleagues, brokers, and sourcing systems.
• Implement controls and automation to ensure pricing processes are robust, efficient, and scalable.
• Partner with Product Performance Managers to maintain a competitive product range that meets customer needs and delivers sustainable returns.
• Support budgeting and forecasting activities, translating business strategy into meaningful financial insights and recommendations.
• Contribute to proposition development, providing pricing expertise to shape compelling customer and broker offerings.

About you: -

• Proven experience in mortgage pricing, product management, or a similar commercial role within a regulated financial services environment, with a strong understanding of trading performance, profitability, risk-adjusted returns, and financial risk management.
• Highly analytical with excellent numerical skills and advanced Excel capability. Experience using tools such as Power BI, SAS, or similar to interrogate data, generate insights, build robust models, and support informed decision-making.
• Strong understanding of the UK mortgage market (or wider retail financial services sector), regulatory landscape, and customer needs, with a track record of improving commercial performance through product, pricing, or retention strategies.
• An organised and detail-oriented professional who can manage multiple priorities, develop efficient processes across stakeholder groups, and deliver accurate results to tight deadlines.
• A clear and confident communicator, able to present complex information in a simple and compelling way to a range of internal and external audiences.

Reward & Benefits -

• A fair and competitive salary evaluated against market data, annual discretionary bonus scheme, Medicash healthcare scheme, 29 days annual leave plus bank holidays and enhanced family leave.
• Commitment and dedication to your ongoing personal and professional development. We help you to own and grow your potential so you can be at your best in your current role and to support your future career aspirations.
• For all full-time roles we work a 35-hour working week to promote a work/life balance, we want you to be at your best inside and outside of work.
• A friendly and inclusive culture where teams genuinely strive to do the right thing by their colleagues and our customers.
• A strong sustainability agenda – we’re continually finding new ways to be kinder to the environment by reducing our carbon footprint.
• We’re passionate about giving back to the communities in which we serve as well as supporting local charities as part of the Samuel Fox Foundation. One of the many ways you can get involved is to use the 2 days per year paid leave to volunteer for causes or charities that are important to you.
• Your health and wellbeing is our priority, we encourage this through a suite of support resources, including a team of trained mental health first aiders.

Embracing Diversity Together: -

We proudly embrace and celebrate diversity as a fundamental cornerstone of our values. We believe that a diverse and inclusive workplace is not just essential for our success but is also a reflection of the vibrant communities we serve. Our commitment to diversity extends beyond our internal culture to the way we approach advertising and engage with our customers.

Our commitment means actively working to eliminate barriers and biases that may hinder equal opportunities within our organisation. We strive to ensure that all individuals, regardless of background, have an equal chance to thrive and advance in their careers.

We acknowledge that diversity is not just a goal to be achieved but a continuous journey toward creating an environment that embraces differences and promotes equal opportunities for all. We are committed to fostering an inclusive culture that encourages collaboration, creativity, and a sense of belonging for every member of our community.

About us: -

Together we overcome barriers and shape brighter futures for our customers, colleagues and our communities.

We are a mutual, which means we don’t have shareholders. Instead, we’re owned by our members and use our money to do good, investing in our community, responsible causes, and – well, you. So, we’re always striving to do the right thing for our colleagues, communities and members.

Although our history spans over 170 years, our purpose of helping our members save, plan for and protect their financial futures is enduring. At Nottingham Building Society, we are dedicated to overcoming obstacles and turning challenges into opportunities. At the heart of our mission is our unwavering commitment to breaking down barriers and building better futures by helping our customers achieve the significant milestone of owning their own home.