Discover Financial Services

Principal Pricing Strategy - Discover Home Loans

Discover Financial Services

Riverwoods, IL 60015, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a strategic thinker with a passion for finance and a strong understanding of the mortgage industry? Are you looking for a leadership role where you can drive impactful pricing strategies and make a significant impact on a dynamic and growing organization? If so, we have an exciting opportunity for you as the Principal Pricing Strategy for Discover Home Loans at Discover Financial Services.In this role, you will be responsible for developing and implementing pricing strategies that drive profitable growth and competitive advantage for our home loans division. You will work closely with cross-functional teams to analyze market trends, identify opportunities for pricing optimization, and make data-driven recommendations to senior leadership. We are seeking a highly analytical and results-driven individual who is able to thrive in a fast-paced environment and effectively navigate complex business challenges.If you possess a strong background in finance and pricing strategy, along with excellent communication and leadership skills, we encourage you to apply for this role. Join our team and help us shape the future of home loans at Discover Financial Services.

  1. Develop and implement pricing strategies for Discover Home Loans in order to drive profitable growth and maintain competitive advantage.
  2. Conduct thorough analysis of market trends, competitor pricing, and customer behavior to identify opportunities for pricing optimization.
  3. Collaborate with cross-functional teams, including finance, sales, marketing, and risk, to gather insights and align pricing strategies with business objectives.
  4. Utilize data and analytics to make informed and data-driven recommendations to senior leadership.
  5. Continuously monitor and evaluate the effectiveness of pricing strategies and make adjustments as needed.
  6. Provide leadership and guidance to team members on pricing methodology, processes, and best practices.
  7. Communicate pricing strategies and updates to key stakeholders, including senior leadership, sales teams, and partners.
  8. Stay current on industry and regulatory changes related to mortgage pricing and incorporate them into pricing strategies.
  9. Identify and implement process improvements to streamline pricing processes and increase efficiency.
  10. Collaborate with product development teams to ensure pricing strategies align with product offerings and customer needs.
  11. Develop and maintain relationships with external partners and vendors to support pricing strategies.
  12. Serve as a subject matter expert on mortgage pricing and provide guidance to other teams within the organization.
  13. Monitor and report on key performance indicators related to pricing strategies and make recommendations for improvement.
  14. Stay informed on emerging trends and best practices in pricing strategy and make recommendations for implementation.
  15. Foster a culture of continuous learning and development within the pricing team.
Where is this job?
This job is located at Riverwoods, IL 60015, USA
Job Qualifications
  • Extensive Experience In Pricing Strategy Development And Implementation: The Ideal Candidate Should Have A Deep Understanding Of Pricing Models And Strategies, As Well As Hands-On Experience In Developing And Executing Pricing Strategies In A Financial Services Environment.

  • Strong Analytical Skills: A Principal Pricing Strategy At Discover Financial Services Should Possess Advanced Analytical Skills To Analyze Complex Data And Market Trends, Identify Opportunities For Pricing Optimization, And Make Data-Driven Decisions.

  • Knowledge Of The Mortgage Industry: The Candidate Should Have A Thorough Understanding Of The Mortgage Industry, Including Regulatory Requirements, Market Dynamics, And Competitive Landscape. This Knowledge Will Be Crucial In Devising Effective Pricing Strategies For Discover Home Loans.

  • Leadership And Team Management Experience: As A Principal At Discover, The Candidate Will Be Responsible For Leading A Team Of Pricing Analysts And Collaborating With Cross-Functional Teams. Therefore, Strong Leadership Skills And Experience In Managing Teams Are Essential Qualifications For This Role.

  • Strong Communication And Presentation Skills: The Candidate Should Be Able To Effectively Communicate Pricing Strategies And Recommendations To Senior Management And Stakeholders. This Requires Excellent Presentation Skills And The Ability To Convey Complex Pricing Concepts In A Clear And Concise Manner.

Required Skills
  • Risk Management

  • Financial Analysis

  • Strategic Planning

  • Data Analysis

  • Communication

  • Market Research

  • Negotiation skills

  • Forecasting

  • Budget management

  • Pricing strategy

  • Competitive analysis

  • Product Differentiation

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Principal Pricing Strategy - Discover Home Loans in Riverwoods, IL 60015, USA is $130,000-$160,000 per year. This range may vary depending on the individual's experience, education, and skills.

Additional Information
Discover Financial Services is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 17th, 2024
Apply BeforeJuly 20th, 2025
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About Discover Financial Services

Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.

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