Full-Time

Lead Pricing Specialist

Posted on 1/9/2025

Discover

Discover

Compensation Overview

$77.5k - $131.5kAnnually

+ Incentives

Mid

No H1B Sponsorship

Wheeling, IL, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelors in Finance, Economics, Business Administration and Management, Accounting, Marketing or related.
  • 2+ years of experience in Pricing, Financial Services, Transaction Processing, Analytics or related.
  • Deep Excel Expertise.
  • Masters in Business Administration and Management (Bonus).
  • 4+ years of experience in Pricing, Financial Services, Transaction Processing, Analytics (Bonus).
Responsibilities
  • This position in Payment Services' Global Pricing Organization is responsible for evaluation of pricing strategies and solutions that drive revenue yield and the advancement of pricing infrastructure within Payment Services.
  • The primary focus is to manage and grow revenue yield for Payment services thru conduction of pricing analysis that ensure account-level and program level profitability, delivery of pricing solutions and monitoring of current strategy or pricing proposal performance.
  • This position is also responsible for working with internal departments to ensure that strategies are implemented and communicated properly.
  • This requires a fair knowledge of competitive pricing practices, the drivers of the revenue, rates and fees for a wide variety of external client types (i.e., merchants, acquirers, networks, issuers, etc.) as well as an ability to identify cross functional implications and system support of pricing components.
  • This position also evaluates a pipeline of pricing initiatives and requests under evaluation for review and approval ensuring requests are evaluated in a consistent and rigorous manner and that all audit, risk and governance requirements are met.
  • This position works closely with personnel across all functions to make recommendations that contribute to various strategy efforts, pricing systems enhancements and other initiatives designed to grow acceptance, sales volume and revenue.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
  • Performs thorough, detailed and precise financial and mathematical analysis or visual representations of business initiatives/problems in support of the identification of pricing proposals, solutions or performance monitoring.
  • Collaborates with management and other key business area decision makers to identify and solve a variety of issues, clarify management objectives, and ensure successful implementation of chosen solutions.
  • Presents the results of mathematical modeling and data analyses to management or other key business area decision makers.
  • Manage and track policy, volume, and revenue performance by partner and enterprise wide.
  • Responsible for delivering the procedures and business rules required to support stated policy, as well as the documentation and communication of policy both internally and externally.
  • Stay abreast of competitive pricing trends and utilize knowledge for policy recommendations as well as analytics, client and product strategies and risk assessment.

Company Stage

N/A

Total Funding

N/A

Headquarters

N/A

Founded

N/A