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Pricing Analyst

Apply Req ID: 2102199 Date posted 05/21/2021

POSITION SUMMARY

The Pricing Analyst prepares reporting and analysis and assists in implementing corporate pricing strategies to increase gross profit by maximizing price through a combination of opportunistic pricing (high end) and standardization (low end) while optimizing market share.

RESPONSIBILITY STATEMENTS

  • Builds and maintains business landscape knowledge while sharing insight with other associates to provide foundational context for pricing initiatives
  • Drives relationships among business groups across the organization, and works with business leaders in pricing, interchange, finance, product, and technology teams to implement new pricing programs
  • Leads efforts to provide detailed quantitative analyses in support of identifying and vetting new opportunities to drive the organization's revenue and mitigate risk
  • Manages rate change opportunity vetting and forecasting, including but not limited to business case and stakeholder impact assessment development on Annual Operating Plan/Multi-Year Plan from proposed new fees/services and/or rate modifications
  • Monitors compliance activities on interchange rate programs
  • Supports global pricing strategy development and refinement, including global pricing opportunity identification and pricing change planning
  • Works within a cross-functional team and product/service owners to drive pricing development for new products and services

EDUCATION

Bachelor's Degree;, or equivalent work experience

WORK EXPERIENCE

5-10 years; Pricing and/or pricing processes experience, or FP&A, finance, or strategy background

SKILLS AND ABILITIES -

  • Ability to facilitate and communicate
  • Analytical and organized with relentless attention to detail
  • Attention to detail, excellent organization, ability to prioritize workload and meet deadlines
  • Balance of strategic and execution skills
  • Customer-focused, Data-driven, experience in customer behavior analysis to drive product insights, including experience with web/mobile analytics platforms/tools
  • Demonstrated ability to implement procedures and guidelines
  • Excellent customer experience intuition; demonstrated success in creating innovative and user-friendly software applications and customer-facing features
  • Excellent written and verbal communication skills
  • Highly motivated individual with the ability to convey a sense of urgency and drive issues/projects to closure
  • Overall proficiency with MS Office (Outlook, Word, PowerPoint); Advanced MS Excel skills)
  • Patient, willingness to learn new skills,
  • Personal presence and ability to clearly communicate compelling messages in written and verbal communications
  • Proven ability to establish and leverage credibility and rapport with peers and senior executives across disciplines and levels
  • Proven ability to lead cross-functional teams through influence versus direct management; excellent interpersonal skills
  • Rigorous and focus on results
  • Strong background in accounting, financial modeling, and forecasting
  • Strong communication and presentation skills with keen business acumen
  • Strong intellectual curiosity and affinity for numbers
  • Superior communication and analytical skills, including a strong ability to identify and solve ambiguous problems
  • Track record of successfully delivering results across organizational boundaries

PHYSICAL DEMANDS - Minimal physical effort such as sitting, standing, and walking.

COMPETENCIES

  • Anticipates the impact of change and creates an environment where change can be initiated with minimal disruptions and negative impact
  • Helps people to understand how proposed changes will affect them and the organization
  • Considers multiple business and financial factors when weighing the merits of alternative risk strategies
  • Has extensive experience in interpreting and analyzing a variety of financial data to diagnose significant or unusual operational risks
  • Designs, develops, and drives the adoption of risk management policies, processes, and procedures
  • Applies advanced skills in operational processes and uses it to improve work efficiency and quality
  • Ensures people receive the information they require and brings the team together to share information
  • Ensures required resources and skills are in place to maintain smooth day-to-day operations and tackle arising problems
  • Keeps up-to-date with external market events, pressures, and regulations which may impact the organization and assess whether similar issues exist in the organization
  • Can identify functional and organizational implications associated with major trends
  • Designs solutions to address industry activities that impact the organization
  • Stays up-to-date with needs, preferences, trends, and practices which impact customers
  • Acts as a role model by being a source of advice and knowledge regarding customer issues.
  • Knowledge of SQL & MS-Excel

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams.  We actively encourage everyone to apply.


Primary Location: Boston, Massachusetts, United States


Other Locations: Rhode Island-East Providence,New York-New York,Massachusetts-Boston


Organization: Santander Bank, N.A.

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