Senior Pricing Analyst - Auto Finance

The Senior Pricing Analyst at Santander is responsible for analyzing pricing strategies across a diverse portfolio of auto lending channels. This includes developing consistent and reliable reporting, researching competitive auto loan pricing products, and implementing action plans based on multi-organizational reviews. The analyst will also monitor corporate pricing and collaborate with various teams to adjust pricing policies that align with market trends.

To qualify for the Senior Pricing Analyst position at Santander, candidates should have at least 5 years of experience in finance or data analytics, preferably in the banking or financial services industry. A bachelor's degree in Finance, Accounting, Management, or Economics is required, with an MBA or a master's degree in a STEM-related field being preferred. Advanced proficiency in SQL, SAS, and experience with Python, as well as strong skills in Excel and PowerPoint, are also essential.

The Senior Pricing Analyst plays a vital role in the product development cycle by researching, developing, and implementing competitive auto loan pricing products. They ensure these products meet regulatory requirements and industry standards, facilitating all phases from inception to market introduction, thereby driving profitability and market competitiveness.

Essential skills for a Senior Pricing Analyst at Santander include advanced proficiency in SQL, excellent analytical capabilities for data reporting, and a strong understanding of pricing strategies within the auto finance sector. Good communication skills are also crucial for collaborating with team members and educating stakeholders on pricing rules and policies.

The salary range for a Senior Pricing Analyst at Santander is between $69,375 and $117,500 per year. This competitive compensation reflects the importance of the role in contributing to strategic pricing decisions and overall profitability within the auto finance division.

When answering this question, highlight specific projects or tasks where you've utilized SQL to gather and analyze data, explaining the impact your findings had on pricing decisions. Emphasize any complex queries you constructed and how they contributed to understanding market trends or improving pricing strategies.

To tackle this question, discuss your methodology for researching market conditions, analyzing competitor pricing, and collaborating with stakeholders. Illustrate how you balance consumer needs with company profitability, perhaps by sharing a specific example of a product you helped to develop.

Explain your familiarity with relevant regulations and highlight your systematic approach to ensuring compliance. Discuss your process for monitoring pricing policies and updating them as necessary, along with any audits or reviews you’ve been involved in.

This question provides an opportunity to showcase your commitment to professional development. Mention relevant publications, seminars, or networking opportunities you engage with, and describe how you apply new insights to your pricing strategies at Santander.

Share a specific instance where you devised a pricing strategy, detailing the data analysis process and actions taken. Emphasize the outcomes, such as increased sales, market share growth, or improved profits, demonstrating your impact on the organization.

Discuss your organizational skills, tools you use for project management, and strategies for effective time management. Provide an example of how you successfully balanced competing deadlines while ensuring each project met quality standards.

Explain how collaboration is key to your role, detailing interactions with teams such as sales, marketing, and compliance. Share a specific example of how teamwork contributed to a successful pricing initiative or product development.

Describe your process for monitoring pricing effectiveness, including the metrics you track and how you analyze data to assess performance. Discuss any adjustments you've made based on your evaluations to improve results.

List the tools and software that you are proficient in, such as SQL, Excel, SAS, and any BI tools. Describe how you use each in pricing analysis and how they contribute to more efficient decision-making processes.

Articulate your passion for the auto finance sector and your desire to contribute to Santander's innovative pricing strategies. Mention alignment with the company's values and how you see your skills uniquely positioning you to add value to the team.