Pricing Head B

7 months ago

Johannesburg, South Africa FirstRand Full time

About us, purpose, experience and qualifications

**about us**:

- make a promise
- be deeply invested
- value our differences
- build trust, not territory
- have courage
- always do the right thing

**purpose**:

- To create the vision, culture and strategic direction for the Department and contribute to the business overall strategy. Develop strategic relationships and lead transformation in the team. Influence the behaviour of a large team by leading and directing to ensure the Bank's financial performance is enhanced by exceeding agreed performance objectives. Provide support in the successful management of the pricing and profit margins written on new and existing business.**experience and qualifications**:

- Honours degree in Finance/Actuarial or related degree preferential.
- A minimum of 5 years’ experience in a strategic leadership role in a corporate environment.
- Previous experience in the Financial Sector would be an advantage.
- Minimum 2 years managerial and leadership experience.
- At Least 5 Years Pricing and Profitability experience in an asset financing or consumer loans environment.**additional requirements**:
**responsibilities**:

- Manage overall running costs in relation to productivity ratios, maintaining targeted outputs and financial discipline i.r.o. budget, growth strategies.
- Conduct budget analysis, forecast and prepare budget for New Business and Sales opportunities based on Pricing.
- Focuses on new markets and new business opportunities and or activities to generate additional income and revenue growth with pricing.
- Develop and maintain partnership relationships with Internal and External Stakeholders and Line Management to ensure the strategic initiatives are relevant to their needs.
- Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholders.
- Achieve integration of processes in area of responsibility in collaboration with other departments, delivering required service levels.
- Creates the vision, culture and strategic direction for the Department and contributes to the business overall strategy through pricing analysis and opportunity growth of the business by providing support in the successful management of the pricing & amp profit margins written on new and existing business.
- Review and improve on an ongoing basis workflow processes and procedures to maintain quality and achieve optimal operational targets and manage delivery within set budgetary requirements in accordance with the business plan and monitor compliance.
- Monitor changes in legislation, regulations, initiatives and relevant industry practices and implement appropriate interventions to ensure compliance with audit requirements for pricing policies and processes.
- Assess pricing projects and initiative appropriately in terms of cost/benefit analysis to ensure alignment to business objectives and manage pricing exceptions.
- Accountable for achievement of maximum productivity levels and positive climate in this results based operational environment.
- Improve business decisions by providing accurate and reliable business intelligence (information) on Pricing in the Business.
- Manage own development to increase own competencies.
- Plan and manage performance, skills development, employment equity, talent and culture of team in order to improve innovation, achieve efficiencies and increase competencies.
- Contribute to the development and execution of the business unit strategy through the development and implementation of the People Strategy and operational objectives by managing pricing exceptions, instill a pricing discipline and up-skill the frontline on pricing methodology in order to directly influence profitability of products.

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