Job Category: Banking and Financial Services Do you want to be part of using the business of banking as a force for good? Do you want to create positive impact for people and the planet? Bank Australia is the bank for people who want to be part of a movement creating a fairer and more just world.We're growing fast as more people choose to align their banking with their values. We're a customer owned, B Corp certified bank. We empower our staff and 190,000+ customers to be part of the clean money movement.We currently have a fantastic permanent, full time opportunity for an experienced Product Manager to work in our Collingwood office. With responsibility for a range of lending and deposit products, this role will require delivery of product and pricing strategy, profitability, governance, growth and efficiency.The Product Manager is also responsible for managing the Bank's pricing strategy, market insights and product pricing governance across all portfolios. The role will involve assessing market conditions and making pricing recommendations for Bank Australia to maintain strong growth, manage customer expectations and ensure market competitiveness. The Product Manager will demonstrate their extensive experience in supporting product initiatives and roadmaps, determining appropriate pricing margins and providing stakeholder support.Reporting to the Head of Product, this role will work alongside experienced Product Portfolio Managers to develop and design values aligned products and manage product performance across product lifecycles. This role will also work closely with Treasury, Finance and Retail teams. The role may also manage smaller product portfolios and relevant internal/external partnerships.May suit a Product Manager with a strong interest in pricing and financial modelling, or someone with Finance, Risk or Business Analyst experience looking to move into Product Management.We have big plans to become Australia's most trusted bank and a leading purpose-driven business.As a certified B Corp, we're part of a global business community who meet the highest social and environmental standards, putting purpose over profit.Every role and person in our bank is essential to bringing our values, purpose and aspiration to life.We offer flexible working options, competitive salary and 13% super.Our staff have access to a range of meaningful benefits to support their physical and mental wellbeing including 24/7 free counselling, free flu vaccinations and discounted gym memberships.We also support staff with study assistance, paid parental leave (regardless of gender), volunteer, bereavement, gender affirmation and family violence leave; and the opportunity for bonus annual leave.We support our staff to grow their careers through learning and development and an organisational culture where we reward and recognise innovation and values, not long hours.We are committed to building an inclusive culture and a diverse workforce that reflects the Australian community.We care for a conservation reserve – where we work with key partner organisations to protect threatened species and involve staff in conservation.What you will be doingAssist with the ongoing development of product portfolios and pricing strategyAnalyse, report and implement strategies and tactics on price competitivenessPerform regular data analysis and industry benchmark research to support pricing recommendationsManage competitor pricing reviews and trends analysisEngage with the business to understand the drivers of trends in margin, pricing exceptions and opportunities to reduce price leakagePartner with Product Portfolio Managers for new product launches, promotional pricing and strategic initiatives including go-to-market pricing strategiesPartner and work closely with the Finance and Treasury teamsMonitor and evaluate the performance of pricing strategies, trends and key data pointsSupport key strategic initiatives by developing business cases and support the ongoing monitoring of the performance of pricing actionsContinuously seek opportunities for process improvement, enhanced analytics and automationManage product portfolios, initiatives and internal/external relationships as requiredReview, monitor and manage the financial reporting and commerciality of third party arrangementsAlign commercial management of products to regulatory and strategic product changesWhat you will bringPrevious product management and pricing experience, specifically working on banking productsAdvanced spreadsheet and financial modelling skillsDisciplined approach to product management and ability to implement and educate the wider business on product management techniquesDrive for best in class outcomes and creating delightful experiences for customersA collaborative and hands on style with the ability to lead cross functional teams to create valueExcellent interpersonal and communication skills, written and verbalA flexible and results focussed mind-set and a pro-active attitude Commitment to Bank Australia's purpose, aspiration, values and brand as well as the B Corp ethos.By submitting an application you agree to Bank Australia's Privacy Policy for applicants and confirm that you are legally able to work in Australia. Bank Australia is an equal opportunity employer committed to sustainable development. We encourage people from different backgrounds to apply, including Aboriginal and Torres Strait Islander people, people from different cultural backgrounds and people with disabilities because we want to reflect the diversity of our communities. We are committed to making reasonable adjustments to provide a positive, barrier-free recruitment process and supportive workplace.Bank Australia reserves the right to withdraw this advertisement at any time. Candidates will be progressed as applications are received, rather than after the advertisement closure date. If you wish to be considered, please submit your application as soon as possible. Please note, the successful candidate will be subject to satisfactory background checks including but not limited to police and previous employment.
#J-18808-Ljbffr