Revenue Management Analyst

Bank of Montreal•Chicago, IL

22h

About The Position

Treasury and Payment Solutions (TPS) Revenue Management seeks a dynamic individual to drive the evolving Cash Management business . This role involves developing innovative data strategies and reporting to enhance business profitability Focus on TPS fee pricing strategies working with TPS Product to help determine standard fee pricing Work with TPS Sales teams to evaluate exception pricing opportunities Work with benchmarking and industry data to evaluate TPS fee pricing Research revenue leakage by improving processes and procedures Build/Maintain TPS pricing tools to monitor pricing changes Ensures financial results are well understood and how they impact to business results Develops knowledge related to business/group strategy, plans and financial activities Gathers and formats data into regular and ad-hoc reports, and dashboards Coordinates and executes specific activities for the implementation of strategic initiatives; includes tracking metrics and milestones Collaborates with internal and external stakeholders to deliver on business objectives Employs systems e.g. customized exception reports, tracking reports, etc. to manage information Executes routine tasks such as adhoc requests, transactions, queries etc. within relevant service level agreements Completes complex & diverse tasks within given rules/limits and may include handling escalations from other employees Analyzes issues and determines next steps Broader work or accountabilities may be assigned as needed

Requirements

Typically between 4-6 years of relevant experience and post-secondary degree in related field of study desirable or an equivalent combination of education and experience
Data Analysis experience is a must have
Verbal & written communication skills - Proficient
Organization skills - Proficient
Collaboration & team skills - Proficient
Analytical and problem solving skills - Proficient
Excel - Expert
Power BI - Proficient

Nice To Haves

Treasury Services/Cash Management Banking Knowledge is an asset
Experience in Alteryx, Business Objects or similar data analytics and visualization platforms is an asset

Responsibilities

Focus on TPS fee pricing strategies working with TPS Product to help determine standard fee pricing
Work with TPS Sales teams to evaluate exception pricing opportunities
Work with benchmarking and industry data to evaluate TPS fee pricing
Research revenue leakage by improving processes and procedures
Build/Maintain TPS pricing tools to monitor pricing changes
Ensures financial results are well understood and how they impact to business results
Develops knowledge related to business/group strategy, plans and financial activities
Gathers and formats data into regular and ad-hoc reports, and dashboards
Coordinates and executes specific activities for the implementation of strategic initiatives; includes tracking metrics and milestones
Collaborates with internal and external stakeholders to deliver on business objectives
Employs systems e.g. customized exception reports, tracking reports, etc. to manage information
Executes routine tasks such as adhoc requests, transactions, queries etc. within relevant service level agreements
Completes complex & diverse tasks within given rules/limits and may include handling escalations from other employees
Analyzes issues and determines next steps
Broader work or accountabilities may be assigned as needed