Pricing Head

Job Description
To create the vision, culture and strategic direction for the Department and contribute to the business overall strategy Develop strategic relationships and lead transformation in the team. Influence the behaviour of a large team by leading and directing to ensure the Banks financial performance is enhanced by exceeding agreed performance objectives Provide support in the successful management of the pricing and profit margins written on new and existing business.

Hello, future Pricing Head
Role Purpose
This role is within FNB Personal Core Banking and will be responsible for creating the vision and strategic direction for the Department as well as, contribute to the business overall strategy. The Pricing Head will be required to develop strategic relationships and lead transformation in the team. The role also involves influencing the behavior of a large team by leading and directing to ensure the Banks financial performance is enhanced by exceeding agreed performance objectives. Key to this role is the provision of support to ensure the successful management of the pricing and profit margins written on new and existing business.
Key responsibilities
  • Manage overall running costs in relation to productivity ratios, maintaining targeted outputs and financial discipline i.r.o. budget, growth strategies.
  • Conduct budget analysis, forecast, and prepare budget for New Business and Sales opportunities based on Pricing.
  • Focuses on new markets and new business opportunities and or activities to generate additional income and revenue growth with pricing.
  • Develop and maintain partnership relationships with Internal and External Stakeholders and Line Management to ensure the strategic initiatives are relevant to their needs.
  • Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholders.
  • Achieve integration of processes in area of responsibility in collaboration with other departments, delivering required service levels.
  • Creates the vision, culture and strategic direction for the Department and contributes to the business overall strategy through pricing analysis and opportunity growth of the business by providing support in the successful management of the pricing & amp profit margins written on new and existing business.
  • Review and improve on any ongoing basis workflow processes and procedures to maintain quality and achieve optimal operational targets and manage delivery within set budgetary requirements in accordance with the business plan and monitor compliance.
Qualifications and Experience
  • Qualification: A relevant Bachelor’s degree (e.g. Finance, Economics, Business, Statistics, Mathematics, or Engineering).
  • Experience: A minimum of 7–15 years relevant experience in Pricing and Revenue management.
  • A strong background in financial modelling, pricing strategy and data analytics is essential.
  • Previous leadership or management experience is required (ideally leading a pricing team).
  • Strategic thinking and the ability to align pricing strategy with business goals.
  • Analytical mindset and adept at interpreting large data sets to make pricing decisions.
  • Strong commercial awareness and understanding of market trends, customer behaviour, and competitor pricing.
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Job Details
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
02/05/25

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

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