Senior Pricing Manager responsible for pricing strategies across bank products at Old Mutual Bank. Collaborating with various teams and ensuring compliance with banking regulations.
Responsibilities
Responsible for setting, managing, and optimizing pricing strategies across the bank’s CVP — specifically fees, interest (lending & savings), and insurance premiums on bank products
Work closely with the product, risk, treasury, finance, marketing, legal/compliance, credit, data/analytics, operations, and technology teams to design, approve, implement, monitor, and adjust pricing strategies
Ensure compliance with relevant banking regulations
Drive the execution of price changes and coordinate with required teams to roll out new rates, fees, rules
Engage with senior management and the exco, providing pricing insights, proposals and impact assessments
Requirements
Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Engineering or related field — postgrad / honours / master’s preferred
Minimum 7–10 years’ experience in financial services / banking, with strong exposure to product pricing, interest rate modelling, fee income strategy, or revenue management
Experience with fee & interest pricing in banking, and ideally rewards / loyalty programme economics
Exceptional technical proficiency, including advanced Excel skills, financial modelling expertise, and familiarity with data analytics and database tools
Deep understanding of financial principles, encompassing balance sheet management, cost of funds, liquidity, credit risk, and the broader regulatory landscape
Strong stakeholder engagement capabilities, with excellent communication, influencing, and presentation skills to effectively collaborate across diverse teams and senior leadership.
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