Product Owner Pricing Design, Execution and Controls
Your business
The Everyday Business Banking team supports the full spectrum of customers’ needs from the smallest businesses to the largest corporates. We have end to end accountability for Cash Management, Deposits and Transactions customer experience.
Our purpose is to improve the financial wellbeing of our customers and communities.
See yourself in our team
Our Crew has accountability to acquire, optimise and retain transact and deposit customers with broad responsibility to drive NPS+30 aspirations and at the same time deliver better volume/ margin outcomes across deposits. We are part of the Everyday Business Banking team comprising of Deposits, Transaction Banking, Merchants, Corporate Cards and Customer etc.
We manufacture and manage products that service small businesses all the way through to Institutional clients.
Do Work That Matters
Your accountabilities include:
- Develop and industrialize pricing and portfolio strategy across the Everyday business banking (EBB) product suite and execute the pricing recommendations.
- Working in collaboration with the broader Product, Finance and Segment teams.
- Lead the team to ensure we have a cohesive pricing strategy and recommendation based on insights and pricing analytics/ models and assist in the development and execution of it.
- Achieve customer satisfaction, sales, balance growth and NIM targets.
- Develop and generate key portfolio and pricing initiatives across the EBB products (acquisition and in life) on an ongoing basis and drive outcomes that benefit the customers and the business.
- Understand the voice of the customer, be across and pre-empt impact of macro, micro and product landscapes that pertain to our business.
- Proactively identify, understand, and manage risks across the business ensuring they are captured in our tracking and reporting tool and are being rectified in a timely manner.
- Build and maintain current and new pricing controls for the Everyday Business Banking products.
- Play a lead role across the broader team, fostering collaborative culture and ensuring all CBA values are always demonstrated.
- Build strong networks and collaborative teams across key stakeholders.
Help us deliver a better future in Business Banking by:
- Risk mindset – all CommBank employees are expected to proactively identify and understand, openly discuss and act on current and future risks.
- Excellent stakeholder engagement, influencing and relationship-building skills.
- A deep understanding of banking, commercials and a passion for growth and service.
- Exceptional communication skills and the ability to translate technology solutions into customer benefits.
- Strong commercial acumen and the ability to prioritise effectively.
- Ability to deliver written and verbal updates to senior executive level.
- Demonstrated ability to drive business growth and strategically problem solve.
- Strong collaboration with teams on work streams/ project activities end-to-end and independently manage deliverables.
- Experience working in an agile environment advantageous.
- 7+ years’ experience in financial services.
- Pricing, Analytics and Product Management experience is desirable.
Your Development
Our team is committed to supporting your development. You will have the opportunity to build a strong network and demonstrate your potential with high impact. You will be coached and supported in focusing on your own growth and development. If you live the values and demonstrate the people capabilities, we can offer great opportunities.
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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Advertising End Date: 03/10/2024
What We Do
Australia’s leading provider of financial services including retail, premium, business and institutional banking, funds management, superannuation, insurance, investment and sharebroking products and services.
We are a business with more than 800,000 shareholders and over 52,000 employees. We offer a full range of financial services to help all Australians build and manage their finances.
