Commercial Manager

About the role

Serving our customers, communities, and planet a little better every day.

Salary - up to £54,600 + annual bonus & benefits

Work Level - 2

Location - Edinburgh, Permanent

Office Attendance - Our hybrid working model gives you the best of both worlds - flexibility to work from home and valuable face-to-face time with colleagues. This role typically requires 2-3 days per week onsite.

Closing Date - Applications close on 23rd September at 5pm

Why this role?

Are you passionate about using commercial expertise to create better outcomes for customers? As a Commercial Manager, you'll help shape the future of Tesco's self-service banking proposition, balancing commercial performance with customer needs. From enhancing customer journeys and driving innovation to developing revenue growth strategies, you'll have the opportunity to make a real difference while working in a collaborative, agile environment that supports your development and growth.

What you’ll be doing

• Drive revenue growth across in-store channels through commercial analysis, forecasting, and performance optimisation.
• Own financial planning and performance management for the ATM value stream, including budgeting, forecasting, cost control, and P&L support.
• Deliver data-driven insights and market intelligence to support strategic decision-making and identify growth opportunities.
• Develop business cases and lead initiatives that improve profitability, enhance customer propositions, and optimise business performance.
• Build strong stakeholder relationships across Finance and the wider business, providing leadership through effective people and matrix management.
• Uploading, validating and maintaining supplier data within commercial models that support strategic decision-making and drive business performance.

What we’re looking for (minimum criteria)

• Strong commercial acumen with experience managing budgets, forecasting, and driving revenue growth.
• Advanced analytical skills, including Excel modelling and the use of Power BI (or similar) to deliver actionable business insights.
• Experience building business cases and using data to support strategic decision-making.
• Ability to influence and collaborate with senior stakeholders across Finance, Operations, Technology, and external partners.
• Proven track record of identifying opportunities to improve business performance, customer outcomes, and profitability.

And if you have any of these, even better

• Experience within Financial Services, Payments, Banking, or a similarly regulated commercial environment is advantageous.

We welcome applications from everyone. If you’re excited about this role but your experience doesn’t align perfectly with every requirement, we’d still love to hear from you.

What’s in it for you

• A generous pension, with up to 7.5% employer contribution, depending on what you put in.
• Private Medical Insurance (WL2+) and virtual GP Service for you and your family.
• Performance related annual bonus.
• 7.2 weeks holiday, with the opportunity to buy more.
• Colleague Clubcard discount (10-15% + second card to share with someone else).
• Enhanced parental leave.
• Opportunities to Save and Buy as you earn.
• A place to get on - take advantage of our ongoing learning opportunities to help you achieve the job and career you want.

Interviews

As a Disability Confident Employer (Level 2), we’re committed to creating an accessible and supportive environment for all. We offer reasonable adjustments throughout the recruitment process, including interviews, to ensure every candidate has a fair opportunity to succeed.

We also know the importance of balancing work with life’s other commitments. Please talk to us at interview about the flexibility you need, as we’re committed to exploring part time and flexible working opportunities, at every level of the organisation.

Interviews are expected to be held shortly after closing date.

Don't miss out. We're assessing applications throughout the recruitment process and may close this opportunity ahead of the closing date if we receive a high volume of applications.

Why Tesco Insurance and Money Services?

Seeing your impact all around you: there's no better feeling.

Lucky for us, we get to feel it all the time. Because whatever our role, we're helping our colleagues and serving our customers, communities and planet a little better every day.

We deal in the personal - from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you’ve worked hard for.

Everything we do is about making things better. Not just for others, but for you too. It's why you'll get bags of choice and plenty of development. It's why you'll always be heard and find balance that works for you. It's why you'll feel totally at home in a place where everyone's welcome.

So, if you want a career where you can do good and feel good, you've found it.

Let's make everyday a little better.

Our story

Making Insurance and Money Services more rewarding and offering great value and choice - because we know little wins can make a big difference.

We began life in 1997 and now help more than 2 million customers protect what matters to them.

We want to deliver a helpful service in everything we do and to make life easier for our customers. Our policies are really easy to manage online for our customers, but we know that being able to speak to our customer service staff when you need to is really important. This is why our customer service centers are open seven days a week.

Delivering great customer service means having great people behind the scenes - people who understand our customers and are driven by doing the right thing for them. We offer colleagues a place where they can feel totally at home in a place where everyone's welcome, where they can be part of a great team focused on making a real difference for our customers.

How to apply

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Insurance and Money Services looks like, click apply to find out more!