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Pricing Strategy Implementation Analyst

Pricing Strategy Implementation Analyst

Country: United States of America

The Pricing Strategy Implementation Analyst assists in the oversight of pricing activities with respect to committee governance and the Pricing Operating policy for the team. They serve as a main point of contact for the department by responding to internal inquiries regarding procedures, regulatory requirements, and project status updates.

  • Develop and maintain origination simulators to perform origination scenarios for the pricing and modeling groups.

  • Coordinate all phases of the pricing strategy into the marketplace.

  • Ensures new and existing products meet business requirements.

  • Partner closely with the Pricing and Modeling teams to ensure complete, consistent and accurate implementation of models, pricing, and policies.

  • Serves as a point of contact and subject matter expert for the Decision Science to respond to internal inquiries regarding decisioning processes.

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Education: Bachelor's Degree or equivalent work experience, Bachelor's Degree preferred.

  • Work Experience: 3+ years experience of relevant work experience. Experience in consumer lending/auto originations preferred.

  • Working knowledge of relationship databases: SQL and/or SAS.

  • Ability to analyze risk and provide recommendations and/or resolutions to minimize risk.

  • Ability to build and foster internal relationships.

  • Ability to change direction as project demand dictates.

  • Ability to effectively and clearly communicate instructions to others, summarize and articulate issues, and document findings in a clear and concise manner.

  • Ability to stay abreast of industry best practices, procedures, and techniques.

  • Ability to summarize, document, and communicate information in a clear and concise manner.

  • Ability to work independently as well as collaboratively within a team environment.

EEO Statement: At Santander, we value and respect differences in our workforce.  We actively encourage everyone to apply.   

Santander 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, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range

Minimum:

$52,500.00 USD

Maximum:

$95,000.00 USD
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Average salary estimate

$73750 / YEARLY (est.)
min
max
$52500K
$95000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Pricing Strategy Implementation Analyst, Santander

Are you passionate about pricing strategies and looking to make an impact? Join Santander as a Pricing Strategy Implementation Analyst in Dallas! In this exciting role, you'll be at the forefront of our pricing activities, helping to oversee committee governance and ensuring our Pricing Operating policies are up to snuff. As a central point of contact for the department, you'll field inquiries about procedures, regulatory requirements, and project status updates with confidence. If you love data modeling, you’ll thrive here! You’ll develop and maintain origination simulators to run crucial scenarios for our pricing and modeling groups. Collaboration is key, so partner closely with our Pricing and Modeling teams to guarantee that our product offerings are meeting business needs. You’ll be a critical subject matter expert for our Decision Science team, guiding them through internal inquiries regarding decision-making processes. If you have a Bachelor’s degree, 3+ years of relevant work experience—especially in consumer lending or auto originations—and a strong understanding of SQL and/or SAS, we’d love to hear from you! Come help us shape the future at Santander, where every team member's input is valued and respected, and where diverse perspectives are always welcome!

Frequently Asked Questions (FAQs) for Pricing Strategy Implementation Analyst Role at Santander
What are the primary responsibilities of a Pricing Strategy Implementation Analyst at Santander?

As a Pricing Strategy Implementation Analyst at Santander, you'll be responsible for overseeing pricing activities, maintaining origination simulators, and ensuring compliance with pricing policies. You'll coordinate the pricing strategy's implementation in the marketplace and work closely with the Pricing and Modeling teams. Your role will also involve responding to internal inquiries about decision-making processes.

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What qualifications are required to become a Pricing Strategy Implementation Analyst at Santander?

To become a Pricing Strategy Implementation Analyst at Santander, you should ideally have a Bachelor's degree or equivalent work experience, along with at least 3 years of relevant experience. Experience in consumer lending or auto originations is preferred. Proficiency in SQL and/or SAS and strong analytical skills are also essential.

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What skills are essential for success as a Pricing Strategy Implementation Analyst at Santander?

Essential skills for a Pricing Strategy Implementation Analyst at Santander include strong analytical abilities, effective communication skills, and proficiency with relationship databases like SQL. You should be adept at risk analysis and capable of fostering productive internal relationships, all while being adaptable to changing project requirements.

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How does the role of a Pricing Strategy Implementation Analyst impact Santander's pricing decisions?

The Pricing Strategy Implementation Analyst plays a crucial role in shaping Santander's pricing decisions by ensuring that models, pricing policies, and new products align with business requirements. Your analysis and recommendations help minimize risk and enhance decision-making processes, directly influencing the company's pricing strategies.

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What is the work environment like for a Pricing Strategy Implementation Analyst at Santander?

The work environment for a Pricing Strategy Implementation Analyst at Santander is typically office-based in Dallas, involving minimal physical effort, with occasional requirements for moving equipment for meetings. The role requires both independent work and collaboration within teams, creating a dynamic atmosphere that values input and creativity.

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Common Interview Questions for Pricing Strategy Implementation Analyst
Can you describe your experience with pricing strategies in your previous roles?

When answering this question, focus on specific examples of how you contributed to pricing strategies in your previous roles. Highlight any analytical tools or methods you used and the outcomes of your pricing initiatives.

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How have you utilized SQL to support your pricing analysis?

Provide specific instances where you used SQL to extract or manipulate data that informed pricing decisions. Discuss the impact of your work on pricing strategies and how it benefited your team.

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What steps do you follow to ensure that pricing models align with business objectives?

Outline your methodology for aligning pricing models with business objectives, including stakeholder involvement, data analysis, and validation processes. Demonstrating a structured approach shows your analytical mindset.

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Describe a time when you had to communicate complex pricing information to a non-technical audience.

Share a specific situation where you successfully simplified complex pricing concepts for a non-technical audience. Focus on your communication strategy and how you ensured understanding while maintaining engagement.

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How do you handle unexpected changes in project demands?

Describe a situation where project requirements shifted unexpectedly and how you adapted your approach to meet new deadlines or requirements. Emphasize your flexibility and problem-solving skills.

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What methods do you use to stay informed about industry best practices in pricing?

Discuss your proactive approach to staying informed, such as attending industry seminars, reading relevant publications, or participating in professional networks. This shows your commitment to continuous learning and improvement.

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Can you give an example of a successful pricing model you've developed?

Provide details about a specific pricing model you created, outlining the objectives, methodology, and results. Quantifying the impact of your model can strengthen your answer.

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What challenges do you foresee in the role of a Pricing Strategy Implementation Analyst?

Reflect on potential challenges such as data accuracy, aligning diverse stakeholder interests, or adapting to rapid market changes. Offering solutions or strategies to tackle these challenges can demonstrate your problem-solving abilities.

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How do you prioritize tasks when managing multiple projects simultaneously?

Explain your prioritization strategy, including how you assess urgency and importance. Discuss any tools or techniques you use to track progress and ensure timely delivery.

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What role do teamwork and collaboration play in your success as a Pricing Strategy Implementation Analyst?

Emphasize the importance of collaboration in achieving shared goals, particularly in pricing strategy. Discuss how your relationships with team members enhance your work and contribute to overall success.

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