1+ months

Network Pricing Manager (Third Party Issuers & Strategic Merchant Accounts) - 50774

Riverwoods, IL 60015
  • Job Code
    50774

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.

Responsible for leading the creation of, and executing pricing strategies and solutions that drive revenue results and the advancement of pricing infrastructure. Manages and grows revenue by creating pricing strategies as well as shaping system solutions, recommending proposals, and executing strategies that incorporate competitive pricing practices and account for cross-functional implications. 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 payments services revenue drivers, rates, and fees for a wide variety of external client types as well as systems support pricing components. Manages a pipeline of pricing initiatives and requests under evaluation for review and approval, ensuring requests are evaluated in a consistent manner and audit, risk, and governance requirements are met. Works closely with personnel across all functions, including Senior Management, in determining 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 Qualifications

At 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 field

Preferred Qualifications

If 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 field

#LI-DK1

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.



Categories

Industry

  • Banking / Finance
Posted: 2019-09-12 Expires: 2019-11-16

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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Network Pricing Manager (Third Party Issuers & Strategic Merchant Accounts) - 50774

Discover
Riverwoods, IL 60015

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