22 days old

Global Transaction Pricing Specialist - P112182_S1

Riverwoods, IL 60015
  • Job Code

At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We're all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

This position is within the Payment Services' Global Pricing Organization and is responsible for supporting various departments within Payment Services. This Global Pricing role offers a challenging opportunity for someone to apply their skills in support of the fast-paced and growing portions of our business. The primary focus is supporting DGN's Global Acceptance and International Markets team in their efforts to successfully secure new acquiring and issuing opportunities, as well as other unique partnerships with DFS. Works with internal departments to ensure initiatives and strategies are implemented and communicated. With the direction of the Srnior Manager, this person will conduct pricing analysis to ensure account-level and program-level profitability and will assist in the implementation of pricing policies around the world.

Provide research and analysis that will aid in the evaluation of pricing strategies and solutions that drive revenue yield and the advancement of pricing infrastructure within Payment Services. The focus is to manage and grow revenue yield for Payment Services through research and conducting pricing analysis that ensure account-level and program-level profitability as well as monitoring current strategy or pricing proposal performance. This position is also responsible for working with internal departments to ensure that initiatives and strategies are implemented and communicated properly. This requires an introductory 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 details and cross-functional implications. This position also aids in the evaluation of 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 contribute to various strategy efforts, pricing systems enhancements, and other initiatives designed to grow acceptance, sales volume, and revenue. It is unlikely that this position manages direct reports.


  • Perform analysis of economics for various partnership programs, including impacts to network, acquiring and issuing partners
  • Develp strong, collaborative working relationships with Global Pricing, Global Participant Operations, International Markets and the Global Acceptance teams.
  • Researches competitive pricing trends and utilizes knowledge for analytics, assisting in policy recommendations, and risk assessment.
  • Assists in the delivering of the procedures and business rules required to support stated policy, as well as the documentation and communication of policy both internally and externally.
  • Performs thorough, detailed, and precise financial and mathematical analysis or visual representations of policy, volume, and revenue performance by partner and enterprise-wide to support business initiatives
  • 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.

Minimum Qualifications

At a minimum, here's what we need from you:

  • Bachelor's Degree in Finance, Economics, Pricing, Strategy, Accounting, Business, Marketing
  • In lieu of degree, 4+ years of experience in Pricing, Financial Services, Transaction Processing, Analytics

Preferred Qualifications

If we had our say, we'd also look for:

  • 2+ years of experience in Pricing, Financial Services, Transaction Processing, Analytics
  • Teradata, SQL

Discover Financial Services 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, age, protected veteran status, among other things, or as a qualified individual with a disability.



  • Banking / Finance
Posted: 2019-09-25 Expires: 2019-10-25

Welcome to Discover
We strive to be the leading direct bank and payments services company. Our mission is to help people spend smarter, manage debt better, and save more to achieve a brighter financial future.

Why Work with Us?
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.


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Global Transaction Pricing Specialist - P112182_S1

Riverwoods, IL 60015

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