AVP, Pricing Decisioning AssociateApply Req ID: Req0939495 Date posted 07/21/2022
WHAT YOU WILL BE DOING
The Pricing Decision Associate is a senior role with more experience and increased autonomy than the Pricing Decision Analysts, and this role is responsible for analysis, sales and pricing of a large portfolio of products. Key activities are to lead consistent and reliable reporting and analysis to manage and communicate trends, metrics, and indices needed to drive better planning, pricing, and sales activities. A key part of this role is to proactively review the reports to identify trends that are inconsistent with existing plans so that appropriate action can be taken. This would include price changes, forecasting changes, and agent, customer and dealer level incentives/corrective actions.
Researches, develops and implements competitive pricing programs and/or banking products and services for various lines of business to appropriately price based on risk, deposit, or credit goals while maintaining profitability.
Continuously monitors the market and competitor strategies to ensure pricing is in line to provide consumers and/or clients a fair price while maintaining market share and/or deposit levels.
Plans, directs and facilitates all phases of the pricing strategy changes from inception through introduction into the marketplace. Ensures products meet regulatory and industry standards.
Independently analyzes and reviews results of pricing and promotional initiatives in terms of sales growth, margin and profitability growth.
Utilizes data mining and statistical techniques to develop analytic insights, sound hypotheses, and informed recommendations.
Acts as a thought leader in the team
Develops a thorough understanding of the firm’s operations and business practices.
Applies statistical techniques to perform root cause analysis, analyze trends, and uncover risks and opportunities relative to portfolio management and originations.
Produces monthly profitability reporting on originations and proactively monitors pricing and profit key performance indicators.
Works across the organization to help develop initiatives, solidly based on data results, to drive improved business performance.
Evaluates Pricing/Rebate structure for key customers and significant industry/peer groups identifying opportunities to improve profitability.
Education: Master's or Ph.D. in a quantitative field (engineering, economics, statistics, math, physics, etc.)
Experience: 5+ years of analytics and quantitative problem solving experience.
Attention to detail, excellent organization, ability to prioritize work load and meet deadlines
Superior quantitative problem solving skills and customer experience intuition
Strong written and verbal communication skills
Rigorous focus on results
Focused on customer experience
Patient, willing to learn new skills and build industry knowledge
Strong intellectual curiosity and affinity for numbers
Analytical and organized with relentless attention to detail
Demonstrated ability to implement procedures and guidelines
Proficiency with two or more of SQL, SAS, Python, and R
Overall proficiency with MS Office (Outlook, Word, PowerPoint)
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.
Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.Masters of Science (MS) English
Primary Location: Dallas, Texas, United States of America
Other Locations: Texas-Dallas
Organization: Santander Consumer USA Inc.
As a part of our commitment to the health and safety of our employees and clients, we have implemented COVID-related health and safety requirements for our workforce. These requirements may include all or some combination of: disclosing your vaccination status, being fully vaccinated, regular testing, mask wearing and social distancing. As you go through our selection process, the requirements will be clearly disclosed to you.