Pricing Analyst (Banking Exp.)

Job title: Pricing Analyst (Banking Exp.)

Job description: One of our major Printing and consulting clients is looking for a Pricing Analyst (Banking Exp.)

Length: 6 months contract with the possibility of extension

Hours: Monday -Friday 8.30am- 5:00 pm

Location: Toronto, ON (Hybrid)

‘The start date of this job is flexible and in order to find the best candidate the job may remain open much longer than the date mentioned on this posting… or you may be asked to start sooner than the expected start date if you are able to do so !’

Please read the job description below. If this interests you, please send a MS-Word version copy of your resume (ASAP) along with a telephone contact number: E-mail to padhikari@teamrecruiter.com

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The recruiter in charge of this role is Prakash

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Requirements:

JOB PROFILE:

This role is specific to dealing with corporate card contracts against the data. This is the main responsibility of this role is learning/understanding those contracts and terms versus how Bank operates and what they have in their payment calculation/data (which is a big excel file).

KEY ACCOUNTABILITIES:

As part of a team, effectively handle exception client pricing requests, recording, tracking and completing Deals in accordance with SLA and ensuring alternative price/structuring strategies are provided to the sales force where warranted. Cover cross border and cross product pricing desk as required

Understand the pricing methodology, models and calculations in order to provide explanations and guidance to Sales/Relationship Managers

Assist Senior Manager, NA Pricing Operations in developing strategies and in monitoring competitive and industry pricing/structuring practices, providing insights and recommendations

Adjudicate NA TPS non-standard pricing deals beyond division/region discretion, providing effective counselling and exploring alternatives with line officers and authorizing or declining deals within delegated discretion. Ensure retention of documentation to support Audit requirements.

Identify and escalate pricing issues that are contentious or that reflect disadvantaged competitive positioning for resolution and to ensure that all future decisions are made based on the most up to date information.

Revenue and pricing optimization

Lead/participate in projects as a subject matter expert as required.

Client & Relationship Management

Act as a subject matter expert for sales providing information and advice on pricing/structuring methodologies, strategies and specific TPS pricing.

Support the pricing desk in developing and communicating pricing and structuring guidelines, policies, and best practices, working in a cohesive manner with management and the sales force to ensure the highest level product for customers

Provide pricing insight as to competitive changes, standard pricing trends and standard price change needs.

RISK MANAGEMENT & CONTROL

As a subject matter expert, resolve pricing and structure problems using creative ideas and using internal and external resources as required.

Ensure accurate and timely Deal Pricing Review

Govern pricing models to ensure they are aligned to current profitability standards; retain approval documentation to support process audits.

Continually identifies opportunities for process improvement.

Ensure adherence to pricing policies and that proper approvals are received

Qualifications:

REQUIREMENTS:

Proficient in Excel (navigate, calculations, formals) – 4-6 years

Previous banking experience – 1-2 years

Analytical experience ( analyzing contracts, validating information, data reporting and modeling) – 1-2 years

Corporate card experience

NICE TO HAVES:

Corporate card experience

SOFT SKILLS:

Independent worker

Willingness to learn

EDUCATION:

Post Secondary

Please note that this is the most up to date version of job description available at this time – During Client Interview you will receive additional information – variance may apply !

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