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Pricing Specialist

2 weeks ago

Johannesburg, South Africa eSmart Group Full time

Department:
CVM Modelling and Pricing
Job Purpose:
We are looking for a Pricing Specialist to facilitate accurate and reliable business decisions and the optimisation of risk through the development and implementation of client profitability tools and pricing calculators. This role provides you with exposure to various aspects of the business and opportunities to provide insights for differentiated solutions.

**Responsibilities**:

- Facilitate accurate and reliable business decisions and the optimisation of risk through the development and implementation of client profitability tools and pricing calculators.
- Pricing Analytics and Reporting
- Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis.
- Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
- Ensure business needs are met by engaging and assisting business through face to face interaction and attendance at forums and committees.
- Assist the business to address queries by extracting and analysing data. Perform ad hoc analysis and complete data requests through monitoring of data as per client specification.
- Establish understanding of processes by bridging the gap between operational and analytical concepts through communication.
- Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
- Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
- Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction
- Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders’ businesses by highlighting benefits in support of the implementation of recommendations.
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
- Research and make recommendations for corporate citizenship initiatives in area of influence
- Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).

Experience & Skills required:

- Advanced excel, VBA, (SAS, SQL advantageous)
- Pricing experience
- Strong communication skills when dealing with internal clients and fellow colleagues
- Focus on assisting with operational aspects of the Business Unit
- Knowledge of transactional banking products

Qualifications Required:
Degree in Economics, Mathematics, Engineering, Mathematical Statistics, Actuarial Science, IT