Product Profitability and Pricing Manager
2 weeks ago
The Product Profitability and Pricing Manager plays a crucial role in the pricing of Consumer and Commercial loans and deposits, utilizing a relationship-based approach. This individual will work closely with the Chief Pricing Officer to develop and implement pricing strategies that drive profitability and growth.
This position requires a strong analytical and technical expertise in identifying, evaluating, and developing solutions that meet user requirements. The successful candidate will have excellent communication and interpersonal skills, with the ability to partner with various stakeholders, including lines of business, risk, finance, compliance, and IT.
The Product Profitability and Pricing Manager will be responsible for configuring, administering, and maintaining the Precision Lender tool, ensuring compliance with regulatory requirements and business rules. This individual will also be responsible for providing training and support to teammates, as well as identifying and implementing process improvements.
Key responsibilities include:
- Configuring and maintaining the Precision Lender tool
- Developing and implementing pricing strategies
- Providing training and support to teammates
- Identifying and implementing process improvements
- Partnering with stakeholders to gain consensus and mutual understanding of business drivers and requirements
The ideal candidate will have a strong background in finance, accounting, or data science, with a minimum of 15 years of experience in deposit and loan relationship-based pricing and balance sheet management. Direct experience with Precision Lender or similar pricing models is preferred.
Required Qualifications:
- Undergraduate degree in Business, Accounting, Finance, or Data Science/Analytics
- 15 years of experience in deposit and loan relationship-based pricing and balance sheet management
- Direct experience with Precision Lender or similar pricing models
Preferred Qualifications:
- Master's degree in Business, Accounting, Finance, or Data Science/Analytics
- Project management experience
- Strong analytical and problem-solving skills
Travel Requirements:
Limited to no travel required.
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