Principal Pricing Specialist

Discover. A brighter future.

With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

Come build your future, while being the reason millions of people find a brighter financial future with Discover.

Job Description:

What You’ll Do

Responsible for pricing strategies and solutions that drive revenue yield and the advancement of pricing infrastructure. Manage and grow revenue yield thru creation of pricing strategies as well as determining system solutions, recommendations of pricing proposals and negotiation strategies that incorporate competitive pricing practices and cross-functional implications. Responsible for working with internal departments to ensure that necessary parties understand the explanation of those strategies, and that strategies are implemented and communicated properly. Applies knowledge of revenue drivers, rates and fees for a wide variety of external client types as well as systems support pricing components. Manage a pipeline of pricing initiatives and requests under evaluation for review and approval ensuring requests are evaluated in a consistent and manner and audit, risk and governance requirements are met. Works closely with personnel across all functions, including Senior Management, in determines solutions that contribute to various strategy efforts, pricing systems enhancements and other initiatives designed to grow the business, sales volume and revenue.

Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

How You’ll Do It

• Accountable for pricing strategy and communication of revenue, rates and fees for respective clients, markets or management. Drives revenue and manages yield for area of responsibility.

• Lead cross-functional teams to solve business problems using pricing solutions, collaborating and coordinating with a range of internal stakeholders to make recommendations on a wide range of business issues

• Formulate mathematical analytics or visual representations of business initiatives/problems, related constants and variables, alternatives, or requirements

• Create/enhance the procedures and business rules required to support stated policy, as well as the documentation and communication of policy both internally and externally

• Stay abreast of competitive pricing trends and used for key initiative and strategies as well as analytics, client and product strategies and risk assessments

• Responsible for annual plans, monthly forecasts and performance tracking for respective area

Qualifications You’ll Need
The Basics

• Bachelors degree in Finance, Economics, Business Administrative and Management, Accounting and Marketing

• 6+ years in Pricing, Financial Services, Transaction Processing, Management Consulting, or related

• In lieu of degree, must have at least 10+ years in Pricing, Financial Services, Transaction Processing, Management Consulting, or related

Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

• Primarily remain in a stationary position.

• Occasionally move about the work environment to complete the major responsibilities of the job.

• Primarily performed indoors in an office setting.

• Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.

• Ability to communicate verbally.; Ability to communicate in written form.

Bonus Points If You Have

• Master's degree in Finance, Economics, Business Administrative and Management, Accounting and Marketing

• 8+ years in Pricing, Financial Services, Transaction Processing, Management Consulting, or related

Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.

Application Deadline:

The application window for this position is anticipated to close on Dec-10-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.

Compensation:

The base pay for this position generally ranges between $91,000.00 to $153,400.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

Benefits:

We also offer a range of benefits and programs based on eligibility. These benefits include:

• Paid Parental Leave

• Paid Time Off

• 401(k) Plan

• Medical, Dental, Vision, & Health Savings Account

• STD, Life, LTD and AD&D

• Recognition Program

• Education Assistance

• Commuter Benefits

• Family Support Programs

• Employee Stock Purchase Plan

Learn more at mydiscoverbenefits.com.

What are you waiting for? Apply today

All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)

Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email HireAccommodation@discover.com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

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