Business Analyst – Pricing Calculator Validation

Job Category: Business Analysis (Functional & Technical)

Job Type: Contract

Location: United Kingdom (Primarily Remote)

Number of Openings: 1

Role Overview

A highly experienced SME/Business Analyst is required to support the independent validation of an internally developed pricing calculator used within a financial services origination platform. The successful candidate will define the validation baseline, requirements, expected outcomes, and assurance framework required to assess whether the calculator is accurate, fit for purpose, and aligned with relevant business, industry, and regulatory standards.

Assignment Details

Start Date: July 2026

Duration: Initial 3-month contract

Location: Primarily remote with occasional travel to a client site in South Wales

Working Pattern: Full-time

Security Clearance: Baseline pre-employment screening required

Engagement Type: Inside IR35

Day Rate: Competitive, dependent on experience

Key Responsibilities

• Validation Requirements Definition
• Lead the creation of business, functional, and regulatory requirements for the independent validation of an in-house pricing calculator.
• Define the validation approach, scope, assumptions, and acceptance criteria.
• Calculation Logic & Methodology Review
• Define expected calculation behaviours across finance products such as loans, hire purchase, and leasing solutions.
• Review pricing components including: Payment calculations Interest rates APR / IRR Net advance Fees and commissions Subsidies Balloon/residual values Settlement calculations Reporting outputs
• Regulatory & Industry Alignment
• Interpret applicable regulatory obligations and industry standards.
• Ensure requirements address pricing transparency, disclosure obligations, consistency, auditability, and customer outcomes.
• Scenario & Test Coverage Definition
• Identify core business scenarios, edge cases, and boundary conditions.
• Define coverage across varying repayment frequencies, structured payment profiles, deposits, fees, commissions, subsidies, residual values, and tax considerations.
• Expected Outcome Framework
• Establish benchmark calculations and expected results.
• Define calculation rules, rounding approaches, tolerances, and comparison methodologies.
• Stakeholder Collaboration
• Work closely with business, testing, and technical teams to clarify assumptions, validate calculation interpretations, and resolve gaps.
• Documentation & Assurance
• Produce clear and auditable requirements, calculation rules, assumptions, and traceability documentation.
• Define and maintain traceability between requirements, test scenarios, expected outcomes, execution results, and validation conclusions.

Required Skills & Experience

• Strong experience within asset finance, lending, banking, or regulated financial services environments.
• Deep understanding of pricing calculators and financial calculations, including: APR / IRR Amortisation Cashflow modelling Interest calculations Repayment structures
• Experience defining business, functional, and regulatory requirements.
• Understanding of regulated financial environments and compliance-driven validation activities.
• Strong analytical skills with the ability to interpret complex calculation logic.
• Experience translating business and regulatory requirements into measurable and testable outcomes.
• Excellent stakeholder management, communication, and documentation skills.

Desirable Experience

• Independent assurance, validation, or audit-related assignments.
• Origination platforms, lending systems, or financial calculation engines.
• Test strategy, test design, or quality assurance frameworks within financial services.