Private Bank Pricing Profitability Sr Manager

Citizens • Boston, MA

8h • Hybrid

About The Position

The Private Bank Pricing & Profitability Manager partners with Private Bank Product leadership and Finance to develop, govern, and maintain holistic pricing and profitability strategies across the Private Bank product suite. The role ensures pricing structures attract Private Bank client profiles, align to the relationship banking model, and achieve Private Bank business, risk, and financial objectives. This role leads pricing analytics, profitability modeling, competitive insights, back-testing, and governance to ensure pricing decisions are well-informed, consistently applied, and rigorously monitored. The Pricing & Profitability Manager operates across consumer, commercial, and specialty lending and deposit products within the Private Bank and serves as a key advisor to Product, Sales, Finance, Risk, and Governance stakeholders.

Requirements

• Experience in pricing, profitability analysis, finance, or related analytical roles within financial services.
• Strong quantitative skills and experience building pricing and profitability models.
• Experience partnering with Product, Finance, Risk, and Sales in a regulated environment.
• Strong executive communication and presentation skills.
• Ability to balance business objectives with governance and risk discipline.

Responsibilities

• Partner with Private Bank Product Directors and Product Managers to develop pricing strategies aligned to product intent and relationship banking objectives.
• Ensure pricing frameworks support Private Bank growth, profitability, and competitive positioning.
• Incorporate structured sales and business feedback into pricing strategy within disciplined governance frameworks.
• Partner with Finance to project back-book and front-book performance including balances, yields, spreads, and returns.
• Prepare pricing models, pro formas, and financial analysis to support new initiatives and pricing changes.
• Develop executive-level presentations, business reviews, and recommendations.
• Lead competitive pricing analysis across markets and client segments.
• Monitor regulatory, market, and competitive trends impacting pricing and profitability.
• Identify emerging opportunities and risks and incorporate insights into pricing recommendations.
• Lead back-testing and analytics to validate pricing assumptions and approved deals.
• Ensure assumptions are documented, refreshed, and updated based on observed performance.
• Collaborate with Finance, Risk, and Product to improve pricing and profitability methodologies.
• Support pricing governance processes including pricing committees and model risk management.
• Ensure adherence to pricing policy, fair banking requirements, and enterprise risk standards.
• Produce and maintain pricing sheets and supporting materials for sales teams, including bespoke deal guidance.
• Ensure pricing activities are documented, controlled, and auditable.
• Serve as lead pricing and profitability expert on cross-functional initiatives.
• Provide thought leadership on margin optimization and return frameworks.
• Lead or participate in special projects supporting Private Bank strategy.

Benefits

• competitive pay
• comprehensive medical, dental and vision coverage
• retirement benefits
• maternity/paternity leave
• flexible work arrangements
• education reimbursement
• wellness programs
• paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees