Job Profile
Position Overview
At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a Merchant Payment Senior Analyst within PNC's Linga organization, you can sit in the United States.
- Responsible for supporting the profitability and growth of Company’s Merchant Services including the execution and approval of pricing for MS products/services
- Support business development teams in contract negotiations, request for proposal's (RFP’s) and other proposals regarding pricing by analyzing merchant statements to determine competitive pricing.
- Reviews contract specific pricing, financials, key business terms, and provide ad-hoc analysis for focus areas (e.g., new customer pricing, gain share arrangements, retentions/renewals, and the implementation of pricing strategies)
- Gather and analyze market data, providing recommendations on pricing adjustments to maximize volume and profitability
- Conduct competitive intelligence and pricing analysis on fee changes across segments
- Lead on interchange tracking from card issuing networks
- Maintain pricing models, plans and policies for use across the Issuer business segment, strategic analysis to identify actionable opportunities and risks
- Analyze and validate sub-agent commission information; coordinate and prepare commission reports and issue payments
Assist with month-end and year-end financial reporting.
This is a remote position. Work may be performed from a quiet, confidential space in a home location, approved by PNC. This position may not be available in all geographic locations.
Job Description
Manages a portfolio of assets or liabilities with a primary focus on developing and executing pricing strategies. Performs duties relating to tax management as needed, including, but not limited to, the knowledge of and the ability to utilize tax laws, organizational tax practices, obligations, issues and trends.
Develops, recommends and executes pricing strategy with joint accountability for results with key partners. Applies business insight and pricing tools to optimize pricing, including risk-based strategies for lending. Identifies and shares best practices with team members.
Develops and utilizes reporting and insights to present strategy recommendations and results to senior management. Creates and provides insights to market leaders on pricing trends and results. Surveys and analyzes the competitive landscape continuously to identify risks and opportunities. Performs and oversees ad hoc pricing analysis and reporting.
Manages rate exception process and strategy and provides guidance to front-line employees and managers. Creates, develops, executes and tracks exception rate policy and compliance. Recommends policy enhancements.
Manages pricing inputs into annual planning process and quarterly and interim forecasts. Collaborates with key partners for overall product forecasts and plans. Identifies macroeconomic trends and drivers that influence market-wide volume fluctuations.
Qualifications
Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
Preferred Skills Budget Analysis, Budget Management, Competitive Advantages, Data Analytics, Enterprise Resource Planning (ERP), Executive Relationship Management, Pricing Strategies, Pricing Tools, Taxes
Competencies Business Acumen, Data Gathering and Analysis, Effective Communications, Financial Forecasting and Modeling, Pricing Models and Analytics, Products and Services, Retail Pricing, Sales Support and Administration
Work Experience Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Education Bachelors
Certifications No Required Certification(s)
Licenses No Required License(s)
Pay Transparency
Base Salary: $55,000.00 – $129,350.00
Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.
Application Window
Generally, this opening is expected to be posted for two business days from 09/13/2024, although it may be longer with business discretion.
Benefits
PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.
In addition, PNC generally provides the following paid time off, depending on your eligibility*: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.
To learn more about these and other programs, including benefits for full time and part-time employees, visit pncbenefits.com > New to PNC.
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