Fifth Third Bank is looking to improve its home equity line of business by developing analytics and reporting to manage pricing strategy and meet revenue goals
Requirements
- Proficient in a wide range of analytical, quantitative, and statistical techniques and tools to derive insights from large, complex data environments
- Advanced Excel skills required
- Experience with statistical analysis software packages (e.g., SAS) required
- Office computer skills required; preference for Microsoft application experience
- Exceptional ability to extract strategic insights from large data sets
- Experience with data visualization tools
- Proficient in programming languages such as Python or R
Responsibilities
- Lead the development and implementation of best practice pricing by creating and defining the tools, process, guidelines, and standardized reporting that will help define a pricing strategy, set prices, and execute pricing plans to achieve revenue, profit and market share goals
- Collaborate with internal partners when appropriate to develop process and analytics that are needed to strengthen baseline pricing recommendations that drive bottom line results
- Ensure timely & actionable reports are provided to leadership team, on routine or ad-hoc basis, that story tells product positioning through data visualization and quantitative and qualitative analysis
- Produce reporting that helps the LOB operate and monitor performance and KPIs related to profitability production, as well as provide forecasting of future performance
- Conduct competitive analysis to assess competitor impacts to localized pricing and promos, market share, and product features / benefits
- Define data requirements and resources to support analysis and reporting of overall pricing effectiveness
- Apply advanced analytical thinking to key pricing issues, including but not limited to the development of demand curves and price elasticity calculations
Other
- Bachelor's Degree in Statistics, Mathematics, Economics, or equivalent experience required
- 3-5 years experience in retail, analysis or pricing preferred
- Excellent communication skills: listening, verbal and written
- Strong organizational, planning, and time management skills
- Strong work ethic complemented with a positive, can-do attitude
