Pricing Decisioning Associate
Company: Santander Holdings USA Inc
Location: Dallas
Posted on: January 27, 2023
Job Description:
Pricing Decisioning AssociateDallas, United States of
AmericaWHAT YOU WILL BE DOINGThe 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.Qualifications:
- Education: Bachelor's degree or equivalent work experience.
Master's or Ph.D. in a quantitative field (engineering, economics,
statistics, math, physics, etc.) preferred.
- 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. Bachelor of Science (BS) English
Primary Location: -Dallas, Texas, United States of America
Other Locations: -Texas-Dallas
Organization: -Santander Consumer USA Inc.
Keywords: Santander Holdings USA Inc, Dallas , Pricing Decisioning Associate, Other , Dallas, Texas
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