Fleet Pricing Specialist

6 days ago

Johannesburg, South Africa Bidvest Bank Full time

Primary Purpose

To provide expert advice to internal and external stakeholders with respect to pricing, maintenance plans and new business acquisitions. This should lead to improved customer satisfaction and profitability for the bank and continuously monitoring and adapting to pricing trends in ensure the bank pricing model remains competitive.

Overall, the candidate plays a key role in driving the bank's success and growth by leveraging on pricing acumen and industry knowledge to inform strategic decision-making and drive operational excellence.

Requirements

Qualifications

•BCom degree, Maths degree or equivalent

Experience

•2 years' previous experience in Fleet Pricing

•Thorough understanding of operations in a bank with 4+ years' experience in similar industry (fleet) and role (pricing) (IDEAL)

Competencies

  •  Strategic Planning: Ability to implement pricing strategies that align with the bank's overall business objectives and drive growth.
  • Pricing Analysis: Ability to understand and efficiently analyse information from multiple sources and use pricing models for customer profitability for the bank. Analysing market dynamics, pricing trends to inform strategic direction to the pricing policy.
  • Pricing: Knowledge of fleet pricing principles and practices, and ability to apply them to the pricing models. Strong analytical skills and numerical ability.
  • Pricing Models: Ability to design and implement pricing metrics to meet the bank's required return on investments.
  • Digital Modelling Tools: In today's fast-paced and digitally driven world, a Pricing Specialist should have a solid understanding of digital modelling tools and technologies. This includes proficiency in data analytics, data visualization, and software, as well as an understanding of emerging technologies. Ability to use data analytics tools and techniques to analyse pricing input data and generate best pricing model for the customer and the bank.
  • Investment Management: Ability to manage the bank's asset investment portfolio, including selecting investments, monitoring performance, and ensuring compliance with investment policies.
  • Risk Management: Ability to assess and manage financial risks, such as credit risk, market risk, and operational risk.
  • Regulatory Compliance: Understanding of regulations and compliance requirements that guard the fleet business, and ability to ensure that the bank is meeting these requirements.

This position is advertised in line with our commitment to Employment Equity.

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