Remote Deposit Pricing Lead & Analytics Strategist

Huntington National Bank; Minnetonka (MN); Hybrid; USD 93,000 - 189,000; Full time

Benefits offered by this job

Health insurance

Retirement savings plan

Paid time off

Paid holidays

Wellness program

Life and disability insurance

Job summary

Huntington National Bank seeks a senior pricing strategist to design and implement deposit pricing for Regional Banking products, aiming to achieve interest expense and profitability targets while growing deposits at the lowest cost.

You will forecast trends, monitor competitor activity, and collaborate with treasury, finance, technology, marketing, and sales to craft actionable pricing actions.

Qualifications

• Bachelor's Degree required.
• 7 years of product development, deposit pricing, forecasting, and/or finance experience.

Responsibilities

• Interpret and forecast business-driver trends: current and future.
• Independently evaluate previous month's results to plan; review product-rate driver trends and update economic scenarios and forecasts for the current month, quarter and year.
• Monitor progress weekly: competitor's rates and advertisements, economy, Huntington's balances-revenue, plan targets, balances at risk, product driver trends, and optimal pricing targets.
• Communicate changes to scenarios, risks, rates, positioning, financials, trends and other analysis within regular meetings, emails, updates to partners and communication channels.
• Partner with other disciplines sharing insights from competitor, price elasticity and break-even analysis for enhancing sales, cross-selling, and client retention initiatives.
• Manage exception pricing process for Regional Banking clients.
• Drive analytics required to find customer & sales insights needed to effectively craft and implement pricing strategy.

Skills

Deposit pricing

Forecasting

Data analysis

Pricing strategy

Negotiation

Communication

Cross-functional collaboration

Quantitative analysis

Education

Bachelor's Degree

Master’s degree

Tools

SAS

Price Elasticity modeling software

Essbase

Microsoft Office

Job description

Huntington National Bank seeks a senior pricing strategist to design and implement deposit pricing for Regional Banking products, aiming to achieve interest expense and profitability targets while growing deposits at the lowest cost.

You will forecast trends, monitor competitor activity, and collaborate with treasury, finance, technology, marketing, and sales to craft actionable pricing actions.