Product Owner Pricing Strategy Optimisation

vor 3 Wochen


Sydney, Österreich Commonwealth Bank Vollzeit

Permanent Full-time opportunity at the Executive Manager Level You will be accountable for pricing strategy on the largest lending portfolio in Australia to deliver solutions across Acquisition, Repricing, Customer Retention Unit, and Fixed Rate Rollover We are passionate, dynamic, and customer-obsessed
We welcome diverse viewpoints and seek these out in delivering customer value Together we can help more Australians to realise their home ownership and investment dreams

See yourself in our team

The Core Manufacturing Crew is dedicated to delivering customer-obsessed home buying solutions enabling Australians to achieve their home ownership goals while having the most sophisticated risk and reward settings and ensuring responsible risk management.
We support the proprietary, digital, and third-party channels to meet our customers' home ownership goals.
In the Crew, we create new and enhance the existing suite of core home loans products and features; design new innovative and digitised pricing solutions that create exceptional pricing experiences for our customers and distribution partners while delivering best-in-class home loan pricing strategies and sustainable returns.
We will deliver a step change in the data, analytics, and modelling used in Home Buying credit and pricing decisions to deliver improved business outcomes and exceptional customer experience.
Do work that matters

You will report to the Crew Lead (General Manager level), Core Manufacturing Crew, and as a Product Owner (at the Executive Manager level), you will be accountable for best-in-class and fair pricing strategies to support our customers achieve their home ownership goals while also delivering long-term sustainable results.
Helping to drive our customer obsession, as the Product Owner you will be strategically meeting customer product needs, optimising processes for our distribution partners, and improving customer experience.
You will continuously iterate and enhance solutions to create better outcomes and value for customers and stakeholders.
You will move forward with less-than-perfect information, quickly pivot to changing work demands, and possess the ability to accurately evaluate complex and ambiguous situations to reach timely, objective, and informed decisions.
You will influence others by communicating value with credibility and authority.
Key Responsibilities

Define the pricing strategy, vision, goals, and roadmap aligned within the Home Buying Core Manufacturing Crew objective and purpose to deliver market-leading pricing strategy optimisation solutions As Product Owner you will be responsible forOngoing price optimisation and margin management More accurate, targeted, and seamless pricing strategy and settings Reduce time to pricing decision

Lead on a day-to-day basis three Product Owners toDevelop and optimise pricing solutions to streamline processes that support our frontline and Pricing Decision teams to provide customers with a world-class pricing experience Development of new pricing capability to maximise value through new features and enhanced decisioning and streamlined delivery of pricing and customer offers.
Simplify and modernise the Above-The-Line pricing process by implementing an efficient and streamlined approach that delivers accurate and competitive pricing to our customers

Build and prioritise the Squad backlog in collaboration with key stakeholders working closely with the Analytics and Modelling Value Stream Lead and develop a squad of Senior Managers/Managers, creating a psychologically safe, inclusive, accountable, and high-performance culture Identify risk, dependencies, and issues for the squad in line with excellent management of operational risk and compliance outcomes

We're interested in hearing from people who have

Experience in retail banking and home loans pricing and credit risk modelling essential Translation of pricing strategy vision to roadmap and backlog Advanced commercial acumen and stakeholder engagement skills Advanced communication and influencing skills Advanced analytical and problem-solving capability Experience with Agile methodology, working within an Agile Matrix would be ideal.
Risk Mindset : All CommBank employees are expected to proactively identify and understand, openly discuss, and act on current and future risks

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