Business Analyst (Pricing Calculator)
Posted 1 day ago by Damia Group LTD
£540 Per day
Inside
Remote
England, UK
Summary: The role of Business Analyst focuses on leading the validation of an in-house Origination Pricing Calculator, requiring the creation of business, functional, and regulatory requirements. The analyst will assess key pricing components and collaborate with stakeholders to ensure compliance and accuracy in calculations. This position is remote with occasional travel to South Wales and is classified as inside IR35. The contract duration is expected to be three months or longer, with a daily rate between £500 and £540 depending on experience.
Key Responsibilities:
- Lead the creation of business, functional, and regulatory requirements for the independent validation of the in-house Origination Pricing Calculator.
- Define expected calculation behaviours across finance products such as lease, hire purchase and loan, including APR, IRR, flat rate, margin, NPV, cost of funds, payment amount, balloon/residual, subsidy, commission, and fees.
- Interpret applicable regulatory requirements and industry standards, including requirements relating to customer pricing, APR disclosures, auditability, transparency, and calculation consistency.
- Identify key business scenarios, edge cases, and boundary conditions to be tested, including different repayment frequencies, structured payment profiles, deposits, fees, balloon values, subsidies, commissions, tax/VAT treatment.
- Create the expected results framework, including calculation rules, tolerances, rounding approach and benchmark comparison.
- Work with client, CGI testing teams, and technical teams to clarify assumptions, confirm calculation interpretation and resolve requirement or logic gaps.
- Produce clear and auditable requirements, assumptions, calculation rules, and traceability documentation to support independent assurance.
- Define acceptance criteria and maintain traceability between requirements, expected outcomes, test scenarios, test results, and validation conclusions to support independent assurance.
Key Skills:
- Strong asset finance, lending or regulated financial services domain experience.
- Good understanding of pricing calculators, finance quotations, APR/IRR, amortisation, cashflows, interest rates and repayment structures.
- Experience defining business, functional, and regulatory requirements.
- Awareness of FCA regulated environments and compliance led validation.
- Strong analytical ability to interpret complex calculation logic.
- Ability to translate business and regulatory expectations into testable requirements.
- Strong stakeholder management and documentation skills.
Salary: £540 daily
City: undetermined
Country: UK
Working Arrangements: remote
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: Other
Detailed Description From Employer:
Business Analyst ( Pricing Calculator) - 3 months+ £500-540pd Inside IR35 DOE - Remote with Ad-hoc trvael to South Wales
Looking for a Business Analyst who will lead the definition of the independent validation baseline for the in house Origination Pricing Calculator. This includes creating the business, functional and regulatory requirements, defining expected calculation outcomes, identifying applicable scenarios and tolerances, and confirming the validation approach to be used by the testing team.
The SME will assess the calculator across key pricing components such as payment amount, interest rates, APR/IRR, net advance, deposits, fees, commissions, subsidies, balloon/residual values, repayment profiles, settlement calculations and reporting outputs, which are typical components within asset finance pricing calculators.
Responsibilities
Definition of validation requirements:
- Lead the creation of business, functional, and regulatory requirements for the independent validation of the in house Origination Pricing Calculator.
Calculation logic and methodology review:
- Define expected calculation behaviours across finance products such as lease, hire purchase and loan, including APR, IRR, flat rate, margin, NPV, cost of funds, payment amount, balloon/residual, subsidy, commission, and fees.
Regulatory and industry alignment:
- Interpret applicable regulatory requirements and industry standards, including requirements relating to customer pricing, APR disclosures, auditability, transparency, and calculation consistency.
Scenario and coverage definition:
- Identify key business scenarios, edge cases, and boundary conditions to be tested, including different repayment frequencies, structured payment profiles, deposits, fees, balloon values, subsidies, commissions, tax/VAT treatment.
Expected outcome definition:
- Create the expected results framework, including calculation rules, tolerances, rounding approach and benchmark comparison.
Stakeholder collaboration:
- Work with client, CGI testing teams, and technical teams to clarify assumptions, confirm calculation interpretation and resolve requirement or logic gaps.
Validation documentation:
- Produce clear and auditable requirements, assumptions, calculation rules, and traceability documentation to support independent assurance.
Traceability and assurance framework:
- Define acceptance criteria and maintain traceability between requirements, expected outcomes, test scenarios, test results, and validation conclusions to support independent assurance.
Ideal Candidate:
. Strong asset finance, lending or regulated financial services domain experience.
. Good understanding of pricing calculators, finance quotations, APR/IRR, amortisation, cashflows, interest rates and repayment structures.
. Experience defining business, functional, and regulatory requirements.
. Awareness of FCA regulated environments and compliance led validation.
. Strong analytical ability to interpret complex calculation logic.
. Ability to translate business and regulatory expectations into testable requirements.
. Strong stakeholder management and documentation skills.
Business Analyst ( Pricing Calculator) - 3 months+ £500-540pd Inside IR35 DOE - Remote with Ad-hoc trvael to South Wales
This temporary contract is inside IR35 and will require working under the direction of the client delivery manager as part of a multi-disciplinary team. The successful candidate will follow established delivery processes and working practices.
Damia Group Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept our Data Protection Policy which can be found on our website.
Please note that no terminology in this advert is intended to discriminate on the grounds of a person's gender, marital status, race, religion, colour, age, disability or sexual orientation. Every candidate will be assessed only in accordance with their merits, qualifications and ability to perform the duties of the job.
Should the role require the successful candidate to undergo and be eligible for UK Security Vetting. Clearance sponsorship will be provided where required. Due to the nature of the work, candidates should meet the relevant residency requirements. If applicable, Reserved Post nationality restrictions will be confirmed by the client. Damia is committed to inclusive recruitment and welcomes applicants from all backgrounds.
Damia Group is acting as an Employment Business in relation to this vacancy and in accordance to Conduct Regulations 2003.
