Pricing Associate - European Merchant Services
This role provides you with a fantastic opportunity to work in one of the world`s most innovative banks. In this role you will develop financial models and scenarios which help to inform critical business decisions for Europe’s largest Ecommerce Merchant Acquirer.
As a Pricing Associate within European merchant services, you will play an integral part in the development & execution of the regions pricing strategy. You will manage revenue/cost and scenario models which will drive key business decisions, compile ad-hoc impact analysis for pricing structure changes & unique pricing scenarios and manage the deal approval process. This role is European focused but there will be exposure to other MS markets (Americas & APAC)
Job Responsibilities
- Owns the European pricing model – European pricing model SME, maintaining the model and updating as required for new products & pricing strategies. Provide training and support to model users
- Runs custom modelling for unique pricing scenarios, representing pricing at deal review committees
- Manages BAU pricing approval process & tracking approvals, maintaining EU pricing SOP’s and ensuring the team is audit ready
- Ad Hoc analysis as required including financial modelling, support of customer requests and customer profitability analysis
- Collaborates with cross functional teams understand upcoming interchange fee, scheme fee & internal product changes and assess impact from a pricing perspective
- Reviews client contracts and pricing models to ensure accuracy, supporting onboarding teams with queries around pricing and pricing model outputs.
- Supports other management directives as prescribed
Required qualifications, capabilities and skills
- Degree in Business/Finance/Maths/Economics or equivalent.
- Experienced MS excel user (intermediate to advanced)
- Strong analytical skills with high attention to detail
- Ability to work on own initiative and problem solve independently.
- Strong interpersonal skills, role requires working with other employees across all levels and multiple different teams.
Preferred qualifications, capabilities and skills
- Accounting/Finance background
- Payments/Merchant acquiring experience
- Demonstrable financial modelling and/or pricing experience
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