Pricing Manager
$126.82k - $149.2kU.S. Bank
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Portfolio and pricing managers at U.S. Bank are focused on supporting proactive pricing strategies, product planning, technology development, management, and customer experience to deliver on our enterprise and business line strategic initiatives, staying one step ahead of an evolving economic and technological environment. Responsibilities of the role include, but are not limited to: PRICING STRATEGY, VISION, AND PLANNING Support Portfolio and Pricing Team Lead in creating and implementing pricing strategies (target customer segments, markets, channels, go to market approach, and value propositions). Has technical know-how, understands product technical architecture and the economic impacts of product pricing strategies. CHANNEL ALIGNMENT AND MANAGEMENT Gather competitive, customer, market, and internal business priorities to design, develop, and continually optimize solutions that drive adoption, engagement, and growth. Leverage enterprise platforms and capabilities, to improve speed to market and drive both development and ongoing support efficiencies e.g., provide more functionality for same investment or same amount of functionality for less investment. BUSINESS LINE ADVOCACY Serve as point of contact for specific segments or portfolios, collaborate to drive business objectives, act as a liaison to ensure effective communication and execution of priorities. Participate in pricing discussions and negotiations for the business line, in collaboration with Relationship Managers, Division Managers, and Business Line Leadership. Advocate on behalf of the bank for pricing that is in service of prudent balance sheet management while taking into account strong client relationships. Engage with enabling functions (e.g., marketing, sales, training, operations, etc.) to position and promote supported and planned pricing and product changes to achieve business goals. PERFORMANCE MEASUREMENT AND OPTIMIZATION Develop, analyze, monitor, and report performance metrics from internal and external sources to identify key trends and opportunities for continuous improvement. Utilize analytics to derive pricing performance insights to improve progress on identified strategies and initiatives. Influence and drive alignment across functions, channels, and lines of business to set pricing strategy, manage performance, and optimize execution. TECHNOLOGY IMPLEMENTATION Heavy involvement in the rollout, implementation, and adoption of pricing tools and strategies. Drive education of sales tools and increase accountability standards to create consistency and structure of routines. Identify new applications and approaches with existing technology to achieve beneficial business line outcomes. Basic Qualifications Product Management experience Bachelor’s degree in Business, Finance, Economics, Technology or equivalent work experience Demonstrated analytical and pricing strategy experience Preferred Skills/Experience 6+ years of experience in pricing, product, portfolio, or strategy roles within commercial/corporate banking or financial services. Proven ability to lead cross-functional pricing programs with measurable impact on revenue, rate beta, and customer experience. Strong financial acumen and experience influencing senior stakeholders. Expertise in pricing strategy, product P&L ownership, and go-to-market execution. Ability to anticipate shifting market priorities, internal, and external customer needs in a manner that consistently adds value. Experience with pricing tools, analytics, and BI dashboards; skilled in data-driven decision-making. Track record in performance measurement, optimization, and channel alignment. Skilled negotiator with ability to balance client relationships and balance sheet goals. Location expectations This role requires working from a U.S. Bank location three (3) or more days per week If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants. Benefits: Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following: Healthcare (medical, dental, vision) Basic term and optional term life insurance Short-term and long-term disability Pregnancy disability and parental leave 401(k) and employer-funded retirement plan Paid vacation (from two to five weeks depending on salary grade and tenure) Up to 11 paid holiday opportunities Adoption assistance Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law Review our full benefits available by employment status here. U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $126,820.00 - $149,200.00 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Posting may be closed earlier due to high volume of applicants. #J-18808-Ljbffr
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