What are the responsibilities and job description for the Pricing & Profitability Analyst II position at PSECU?
Members Achieve More isn't just a tagline for us, it's part of everything we do! We're looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that's remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on...
The Pricing & Profitability Analyst II provides valuable insights into product returns, risk, and profitability, to be used for strategic pricing decisions. Maintains the credit union’s profitability system by capturing and allocating all costs and revenues associated with products and services, produces profitability reports to be used by decision makers throughout the credit union, and makes pricing recommendations. Performs ad hoc analysis and provides operational support to the Pricing & Profitability team.
Performs work under general supervision. Handles moderately complex issues and problems and refers more complex issues to higher-level staff. Possesses solid working knowledge of subject matter.
Schedule: Monday - Friday, 8:00am -4:00pm.
This position will be a hybrid model both in person and remote with minimum of onsite expectation of 40% or as needed.
In this position, you will
BS: Finance
Reasonable accommodation may be made to enable a qualified individual with a disability or disabilities to perform the essential duties and responsibilities of the job.
Physical Demands And Sensory Abilities
Repetitive movement of hands and fingers (e.g. typing, writing).
Lifting and carrying containers weighing as much as 20-30 pounds (e.g. to/from building and vehicle to a storage area).
Sitting for long periods of time (e.g. at a desk, in meetings).
Ability to reach above, at, and below the waist.
Ability to reach above, at, and below shoulder level.
Occasional bending, kneeling, stooping and/or squatting.
Visual acuity.
Auditory acuity.
LI-Hybrid
The Pricing & Profitability Analyst II provides valuable insights into product returns, risk, and profitability, to be used for strategic pricing decisions. Maintains the credit union’s profitability system by capturing and allocating all costs and revenues associated with products and services, produces profitability reports to be used by decision makers throughout the credit union, and makes pricing recommendations. Performs ad hoc analysis and provides operational support to the Pricing & Profitability team.
Performs work under general supervision. Handles moderately complex issues and problems and refers more complex issues to higher-level staff. Possesses solid working knowledge of subject matter.
Schedule: Monday - Friday, 8:00am -4:00pm.
This position will be a hybrid model both in person and remote with minimum of onsite expectation of 40% or as needed.
In this position, you will
- Profitability Analysis and Reporting: Maintain PSECU’s Profitability software by allocating all costs and revenues associated with the credit union’s products and services. Develop model assumptions required for calculating Funds Transfer Pricing (FTP). Report on the profitability of the organization, lines of business, member segments, and product offerings, and make recommendations as needed.
- Competitive Analysis and Pricing Recommendations: Analyze competitor offering rates and prepare routine and ad hoc analysis to assist with weekly rate recommendations on all product offerings. Effectively communicate study results and make recommendations as needed to the AVP, Strategic Finance & Planning, or as assigned.
- Credit Risk Modeling and Monitoring: Maintain portfolio level credit risk modeling and monitoring through static pool analysis, to identify risk factors and explain credit risk trends. Utilize model results to forecast future losses and determine lifetime loss for each product.
- Collaboration and Decision Support: Collaborate with business units to gather the information required for measuring profitability, and provide information, reporting, and financial analysis to assist with fiscally sound decision making. Develop financial models and analyses (i.e. break-even analysis and incremental revenue & cost analysis) to assist business units with evaluating product rate changes, promotional opportunities, new product offerings, business cases, etc.
- Knowledge and Skills Maintenance: Maintain required knowledge, skills and abilities in assigned area of expertise, including the laws, standards, fundamentals, methods, procedures, and techniques required for the job. Maintain up-to-date knowledge of PSECU’s Collective Bargaining Unit Agreement, processes, related business processes, and the business world outside PSECU.
- Other duties as assigned.
BS: Finance
Reasonable accommodation may be made to enable a qualified individual with a disability or disabilities to perform the essential duties and responsibilities of the job.
Physical Demands And Sensory Abilities
Repetitive movement of hands and fingers (e.g. typing, writing).
Lifting and carrying containers weighing as much as 20-30 pounds (e.g. to/from building and vehicle to a storage area).
Sitting for long periods of time (e.g. at a desk, in meetings).
Ability to reach above, at, and below the waist.
Ability to reach above, at, and below shoulder level.
Occasional bending, kneeling, stooping and/or squatting.
Visual acuity.
Auditory acuity.
LI-Hybrid
