Business Analyst - Cross Border Trade
StockX
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Posted:
August 10, 2023
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Onsite
About the position
This role is focused on empowering global customers to connect to culture through their passions. The main responsibility is to accurately monitor and model the costs associated with cross border trade expenses, such as duties, taxes, and freight, in order to set appropriate fees for buyers and sellers on the StockX marketplace. The role also involves finding opportunities for cost reduction and improving the financial performance of the marketplace. The Revenue Management team is responsible for global pricing strategy, analysis, and operations, and plays a critical role in driving the company's financial performance. The ideal candidate should have experience in customs and duties, revenue management, financial analysis, or business intelligence.
Responsibilities
- Support pricing strategy for shipping and cross border fees by maintaining a robust model for the costs associated with each lane: duties, taxes, and freight
- Work with Compliance and Tax teams to ensure correct application of duties and taxes to the correct import value
- Identify anomalies in duty and tax costs and rectify with carriers in a timely manner
- Analyze and update dynamic pricing formulas based on latest costs
- Forecast changes to lane mix based on pricing changes to optimize staffing of authentication centers
- Collaborate with Data Engineering to establish a clean pipeline of carrier costs and binning to duties vs. freight costs
- Optimize package routing to minimize total cost within a trade lane and across lanes via dynamic pricing levers
- Develop strategies and requirements for Product & Engineering to align fees with costs, including real-time predictive models
- Research changes to business model to reduce tax exposure for the company and users
Requirements
- Minimum of 2 years experience in roles related to customs & duties, revenue management, financial analysis, or business intelligence
- Possess necessary technical skills related to Excel, Google Sheets
Benefits
- Opportunity to dive deeper into cross border trade expenses
- Intellectually stimulating problem solving
- Immediate financial impact
- Ability to work with a dedicated team member
- Potential for low hanging fruit opportunities
- Exposure to global pricing strategy and analysis
- Opportunity to improve financial performance
- Support from cross functional teams
- Chance to drive company financial performance
- Possibility to reduce tax exposure for the company or users
- Access to real-time data for market visibility
- Equal opportunity employer
- Value diversity within the company