Pricing Analytics

Published by Jobstanzania on 12:57:00 am

POSITION: Pricing Analytics
PLACE: National Bank of Commerce (NBC)

Reporting to:Manager Non Interest Income

To develop and maintain Advanced Analytical Models within NBC's Pricing Business Unit, thus enabling continuous improvement through the provision of accurate and applicable analytical measures, with a specific focus on Funded and especially Non-funded income.

Key Responsibilities

  • To liaise regularly with line management and work closely with them to extract business requirements, evaluate and recommend possible business solutions, make assessments and produce feasibility analysis.
  • Develop hypotheses by holding regular project meetings to achieve project goals based on the outcomes of the project definition workshop and use these to guide the fact gathering and analysis.
  • Identify project risks (e.g. data constraints, time constraints, capacity, etc.) either by consultation with the business stakeholder’s e.g Corporate, Retail and/or a risk assessment workshop and develop mitigating action plans based on the outcome of the workshops held in agreement with the project Sponsor/Project Owner/Project Manage (PM). Thereafter document such risks and actions in the project risk register for ongoing monitoring.
  • Identify project milestones based on the high level project plan and prepare planning estimates in terms of timelines resources, design, etc for the project.
  • Develop and maintain tools and analytical techniques by monitoring the business and project activities to simulate
  • Asset and Liability (A&L) interest / Net Interest Income (Nil) pricing changes across the Group and potentially the impact on Pricing Operations.
  • Develop and maintain monthly and ad-hoc reporting by generating the relevant and appropriate reports to measure the effectiveness of A&L interest / Nil pricing.
  • Develop and maintain competitor pricing analyses including international pricing trends / activities by completing benchmark competitor analyses in order to remain competitive in the banking industry.
  • To make sure that the business requirements are understood on all analytical projects given (to the team) by the Project Owner/Project Sponsor (e.g. Corporate, Retail etc.) by continuously communicating with the different project teams to make sure it is understood in order to ensure project delivery.
  • To liaise regularly with line management and work closely with them to extract business requirements. Evaluate and recommend possible business solutions, make assessments and produce feasibility analysis.
  • Collaborate and enforce integration across product lines and market segments by managing all the relevant relationships to elimitate A&L I Nil/ Operational pricing arbitrage risk and optimal impact and contribution of A&L / Nil/ Operational to pricing.
  • Provide relevant A&L interest / N II pricing / Operations input to new product developments by being part of the product development meetings, and the project meetings.

Competencies and Technical Skills:

  • Ability to work under pressure
  • Stakeholder Engagement
  • Attention to Detail whilst applying strategic thinking
  • Presentation and Influencing skills
  • Personal Credibility and Integrity
  • Stakeholder Engagement
  • Interpret and analyse financial information
  • Excellent Communication Skills

Qualifications & Experience
  • Bachelor Degree specializing in Analytics/informatics
  • Two (2) years experience in business analyst type role

Attractive salary including performance based bonus on achieving targets and overall business performance.

Contract: Tenure
Conveniently Everywhere.

NBC is an Equal Opportunity Employer
Applicants are invited to submit their application letter, CV's, copies of certificates, 2 referees and their contacts to;

Human Resources Business Partner
National Bank of Commerce (NBC)
7th Floor, NBC House
P.O. Box 1863
Dar es Salaam
Fax no: +255222134662

Or through the Email: humanresources@nbctz.com

If you are not contacted by NBC within thirty (30) days after the closing date, you should consider your application as unsuccessful.

Deadline: Jun 10, 2013
Source: The Guardian May 31, 2013



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