Product Profitability and Pricing Manager

4 hours ago


Montgomery, Alabama, United States Flagstar Bank Full time
Job Title: Product Profitability and Pricing Manager

Flagstar Bank is seeking a highly skilled Product Profitability and Pricing Manager to join our team. As a key member of our pricing team, you will be responsible for assisting in the pricing of both Consumer and Commercial loans and deposits, using a relationship-based approach.

Key Responsibilities:
  • Assist in the ownership of the Precision Lender (PL) product for the Bank, including configuration, administration, security, TPVRM, and maintenance of business rules.
  • Provide strong analytical and technical expertise in identifying, evaluating, and developing solutions that are cost-effective and meet user requirements.
  • Partner with various stakeholders, including lines of business, risk, finance, compliance, IT, etc. to gain consensus and mutual understanding of business drivers, requirements, development approach, and plans for Commercial product profitability measurements and analysis.
  • Write detailed business and functional requirements based on business need and present research and recommendations to management.
  • Identify solutions to unusual and complex problems requiring ingenuity or innovative thinking and monitor implementation and user satisfaction.
  • Perform complex systems process analysis, design, and simulation, and understand technical problems and solutions in relation to the current and future business environment.
  • Lead, conduct, and facilitate meetings, and lead in the development and implementation of strategic technology plans.
  • Direct solutions to system/business problems, manage and resolve complex projects, and develop and execute an effective initial and ongoing training program.
  • Innovate with the PL vendor on upcoming capabilities and features and showcase how they can be aligned to the sales process and finance objectives.
  • Serve as a consultant to internal business groups on process improvement projects designed to improve their business results.
  • Use independent judgment and discretion to make recommendations/decisions about exception pricing of loans and deposits, looking holistically at the entire client relationship.
  • Analyze and resolve problems pertaining to balance sheet management, including evaluating proposed pricing changes.
Requirements:
  • Undergraduate Degree (4 years or equivalent) in Business, Accounting, Finance, or Data Science/Analytics.
  • Minimum experience required: 15 Years of deposit and loan relationship-based pricing, as well as overall balance sheet management.
  • Demonstrated team and project leadership experience.
  • Direct experience and expertise with Precision Lender, or similar pricing model is preferred.
Competencies:
  • Proven ability to prioritize work for team by dividing time, attention, and effort between assigned workload and ongoing support tasks/projects.
  • Proven ability to easily adapt to changes in processes, procedures, and priorities.
  • Strong analytical and problem-solving skills.
  • Strong communicator, both verbally and in technical writing to all levels of the organization in a proactive, contextually appropriate manner.
  • Strong organizational skills.
Travel Requirements:

Limited to no travel required.

The job requires a moderate degree of physical exertion and stamina such as standing, sitting, walking, driving, or infrequent lifting.

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity



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