VP - Pricing & Terms

VP - Pricing & Terms 
Wilmington, DE

As a Barclays Vice President - Pricing & Terms this is an exciting opportunity where you will be responsible for leading the monitoring and development of pricing, repricing and fee strategies leveraging good benchmarking, credit bureau data, application data, alternative data, partner data and other new data sources for credit card and deposit products.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

Working Flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?

•    Supporting and handling team of analysts to monitor portfolio and acquisition strategy pricing trends  
•    Developing insights about internal trends by product, risk band, as well as developing insights about participant comparisons
•    Building strategies and programs to improve the pricing and terms structure for new account acquisition offers and existing customer accounts across credit card and deposit products  
•    Collaborating with cross-functional teams (business strategy, 2nd Line Risk, Legal and Compliance, Technology) to gain organizational alignment and effective execution
•    Ensuring we are setting pricing and terms commensurate with the risk of the account and market dynamics
•    Analysing changes in strategies’ performance and ensuring they are in line current market positioning
•    Overseeing and monitoring the implementation of pricing programs

What we’re looking for:

•    Bachelor's degree in an analytical /statistical discipline is required (e.g. Statistics, Economics, Mathematics, Finance, Operations Research or related quantitative)
•    Significant years of analytical experience in financial services industry 
•    Solid understanding of financial profit and loss (P&L) constructs, particular P&L components and their interactions, cash flows and NPV
•    Experience and understanding in developing pricing strategies for credit card and deposit products

Skills that will help you in the role:

•    Master's degree in analytical /statistical discipline is preferred (e.g. Statistics, Economics, Mathematics, Finance, Operations Research or related quantitative)
•    Experience and understanding of Marketing optimization, risk strategy or model development  

Where will you be working?

Barclays' Wilmington campus includes two beautiful buildings located along the historic Wilmington Riverfront. A glance out our windows reveal a scenic look at the Christina River, along with a growing riverfront community of luxury apartments, shops, and restaurants. Additionally, the Wilmington train station is a short walk away making travel from New York and Washington, DC convenient.

#LI-Hybrid