Director, Pricing and Analytics - Cash & Deposit Products

Ameriprise Financial Services, LLC•Minneapolis, MN

9d•$122,400 - $168,300•Hybrid

About The Position

As part of the Pricing and Analytics team within Banking and Cash Solutions, you will direct product pricing, ongoing rate-setting, data modeling, product analysis, and ad hoc reporting for Cash and Deposit products. Additionally, you will lead the analytics for the product pricing process and ensure accurate information is provided for business decision-making. The pricing team is responsible for driving revenue, margin, and sales through the delivery of optimized pricing guidance. Direct development and refinement of product pricing, profitability and financial models for Cash and Deposit Products using analytical and business expertise including collecting, evaluating, and analyzing pricing-related internal and external data and developing pricing models based upon current business, economic and market dynamics. Work with product management staff to develop pricing strategies for Cash and Deposit products that balance client value, profitability and growth of the business. Provide guidance to staff to apply the results of financial models to business decisions such as pricing strategies, investment strategies, and product design. Provide oversight for rate implementation and accuracy validation for weekly rate-setting processes. Provide fast turnaround product analysis through self and staff in support of business decisions and project activities for Cash and Deposit products. Develop subject matter expertise with respect to data sources as well as product features and benefits. Develop and deepen relationships with Finance, Investments, Treasury, and Risk Management to create and review model assumptions and output that impacts business decisions. Design executive communications for Cash and Deposit products that synthesize data to form a story to contrast or compare to industry or historical business trends. Find opportunities to develop these skills in staff. Oversee the preparation of sweep daily balance reports, monthly revenue validation, and other ad-hoc data and analysis requests as needed to support management decision-making. Audit existing pricing processes to ensure all risk and control processes are being met. Maintain a strong control environment through oversight of financial controls. Occasionally provide staff to participate in product implementation efforts and on project teams as product subject matter expert, including test planning and execution. Lead staff to review product materials such as prospectuses, marketing materials, webpages, etc. for accuracy and completeness. Lead and develop junior team members to perform key analyses, BAU, advanced analytics and process improvements.

Requirements

10+ years' relevant experience
3+ years' experience in pricing and business analysis for Cash and Deposit products
Bachelor's degree or equivalent
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

Nice To Haves

4+ years leading staff in pricing and analytical roles
Proven analytical, quantitative & problem-solving skills, especially strong financial product modeling skills
Ability to use data storytelling to design executive level communications from analysis results to meet stakeholder needs
Excellent computer skills including Excel, PowerPoint, Word and data analysis languages such as SQL and Python
Ability to build strong relationships and collaborate with key business leaders/partners throughout the organization to drive results
Ability to adapt complexity of analysis for self and staff to fit required timelines
Additional data software or programming languages
Experience using Microsoft Copilot or other Artificial Intelligence tools

Responsibilities

Direct product pricing, ongoing rate-setting, data modeling, product analysis, and ad hoc reporting for Cash and Deposit products.
Lead the analytics for the product pricing process and ensure accurate information is provided for business decision-making.
Direct development and refinement of product pricing, profitability and financial models for Cash and Deposit Products.
Collect, evaluate, and analyze pricing-related internal and external data and develop pricing models based upon current business, economic and market dynamics.
Work with product management staff to develop pricing strategies for Cash and Deposit products that balance client value, profitability and growth of the business.
Provide guidance to staff to apply the results of financial models to business decisions such as pricing strategies, investment strategies, and product design.
Provide oversight for rate implementation and accuracy validation for weekly rate-setting processes.
Provide fast turnaround product analysis through self and staff in support of business decisions and project activities for Cash and Deposit products.
Develop subject matter expertise with respect to data sources as well as product features and benefits.
Develop and deepen relationships with Finance, Investments, Treasury, and Risk Management to create and review model assumptions and output that impacts business decisions.
Design executive communications for Cash and Deposit products that synthesize data to form a story to contrast or compare to industry or historical business trends.
Oversee the preparation of sweep daily balance reports, monthly revenue validation, and other ad-hoc data and analysis requests as needed to support management decision-making.
Audit existing pricing processes to ensure all risk and control processes are being met.
Maintain a strong control environment through oversight of financial controls.
Occasionally provide staff to participate in product implementation efforts and on project teams as product subject matter expert, including test planning and execution.
Lead staff to review product materials such as prospectuses, marketing materials, webpages, etc. for accuracy and completeness.
Lead and develop junior team members to perform key analyses, BAU, advanced analytics and process improvements.