Principal Pricing & Strategy- Discover Home Loans

Company: Discover
Location: Deerfield
Posted on: May 8, 2022

Job Description:

Discover. A brighter future.With us, you ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine. Come build your future, while being the reason millions of people find a brighter financial future with Discover.Job Description Responsible for pricing strategies and product enhancements Discover Home Loans. Manage and grow revenue yield thru creation of pricing strategies as well as determining system solutions, recommendations of pricing proposals and negotiation strategies that incorporate competitive pricing practices and cross-functional implications. Support development of product development initiatives that expand DHL's product reach while managing credit risk and profitability.Responsible for working with internal departments to ensure that necessary parties understand the explanation of those strategies, and that strategies are implemented and communicated properly. Applies knowledge of revenue drivers, rates and fees for a wide variety of external client types as well as systems support pricing components. Manage a pipeline of pricing and product initiatives and requests under evaluation for review and approval ensuring requests are evaluated in a consistent and manner and audit, risk and governance requirements are met. Works closely with personnel across all functions, including Senior Management, in determines solutions that contribute to various strategy efforts, pricing systems enhancements and other initiatives designed to grow the business, sales volume and revenue.Responsibilities

• Accountable for pricing strategy and communicating revenue, rates, and fees for respective clients, markets, or management. Drives revenue and manages yield for area of responsibility.
• Leads cross-functional teams to solve business problems using pricing solutions, collaborating, and coordinating with a range of internal stakeholders to make recommendations on a wide range of business issues.
• Formulates mathematical analytics or visual representations of business initiatives/problems, related constants and variables, alternatives, or requirements.
• Creates/Enhances the procedures and business rules required to support stated policy, as well as the documentation and communication of policy both internally and externally.
• Stays abreast of competitive pricing trends used for key initiative and strategies as well as analytics, client and product strategies, and risk assessments.
• Responsible for annual plans, monthly forecasts, and performance tracking for respective area.Minimum QualificationsAt a minimum, here s what we need from you:
  • Bachelor's Degree in Finance, Economics, Pricing, Strategy, Accounting, Business, Marketing, or related field
  • 6+ years of experience in Pricing, Financial Services, Transaction Processing, Management Consulting, or related field
  • In lieu of a degree, 10+ years of experience in Pricing, Financial Services, Transaction Processing, Management Consulting, or related fieldPreferred QualificationsIf we had our say, we d also look for:
    • Master's Degree in Finance, Economics, Pricing, Strategy, Accounting, Business, Marketing, or related field
    • 8+ years of experience in Pricing, Financial Services, Transaction Processing, Management Consulting, or related fieldWhat are you waiting for? Apply today!And by the way, while you re waiting to hear from us, don t forget to check out the great benefits Discover offers. The same way we treat our employees is how we treat all applicants with respect. Discover Financial Services is an equal opportunity employer (). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other characteristic protected by federal, state, or local law in consideration for a career at Discover.What are you waiting for? Apply today!The same way we treat our employees is how we treat all applicants with respect. Discover Financial Services is an equal opportunity employer . We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.

Keywords: Discover, Arlington Heights , Principal Pricing & Strategy- Discover Home Loans, Other , Deerfield, Illinois