Fifth Third Bank
Consumer Lending Data Analyst – Fifth Third Bank
Location:
Cincinnati, Ohio 45227. In-office requirement: 4 days in the office at the 5/3 Bank Madisonville Office Building. Remote work is not available. Overview This position is focused on data analytics for the Home Equity Line of Credit (HELOC) business. The role is responsible for developing analytics and reporting that support pricing strategy to meet or exceed revenue goals and maximize market share in alignment with corporate goals. The analyst provides value-added analysis and recommendations to support business growth. Essential Duties & Responsibilities
Lead the development and implementation of best-practice pricing by creating tools, processes, guidelines, and standardized reporting to define a pricing strategy, set prices, and execute pricing plans to achieve revenue, profit and market share goals.
Collaborate with internal partners to develop processes and analytics that strengthen baseline pricing recommendations driving bottom-line results.
Provide timely and actionable reports to the leadership team, via data visualization and quantitative/qualitative analysis, to tell the product story.
Produce reports that monitor profitability, production, and KPIs; provide forecasting of future performance.
Conduct competitive analysis to assess impacts of competitors on pricing, promos, market share, and product features/benefits.
Define data requirements and resources to support analysis and reporting of pricing effectiveness.
Synthesize and present pricing analytics and recommendations.
Update and monitor pricing posted across multiple channels.
Support continuous improvement of pricing processes.
Apply advanced analytical thinking to pricing issues, including demand curves and price elasticity calculations.
Improve the use of predictive analytics to proactively manage price.
Ensure daily pricing in systems is consistent with published rates; import pricing information and verify accuracy.
Quantify value of products against competitor offerings.
Create an executive reporting dashboard to communicate the impact of pricing decisions.
Minimum Knowledge, Skills And Abilities Required
Bachelor's Degree in Statistics, Mathematics, Economics, or equivalent experience required.
3-5 years of experience in retail, analysis, or pricing (preferred).
Proficient in a wide range of analytical, quantitative, and statistical techniques and tools to derive insights from large, complex data environments.
Exceptional ability to extract strategic insights from large data sets.
Office computer skills; preference for Microsoft applications.
Advanced Excel skills required.
Experience with statistical analysis software packages (e.g., SAS) required.
Excellent communication skills: listening, verbal and written.
Strong organizational, planning, and time-management skills.
Positive, can-do attitude and ability to learn company systems and tools.
Compensation & Benefits The base salary is reflective of the pay grade range across the U.S. Salaries vary based on role, relevant skillset, experience, education, and location. This role is eligible for an incentive compensation plan based on company, line of business, and/or individual performance. The organization offers comprehensive benefits to support physical, financial, emotional, and social well-being. Details are available on the 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or via your talent acquisition partner. Equal Employment Opportunity Fifth Third Bank is committed to an engaged and inclusive culture and to equal employment opportunity in all decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status, or any other protected status.
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Location:
Cincinnati, Ohio 45227. In-office requirement: 4 days in the office at the 5/3 Bank Madisonville Office Building. Remote work is not available. Overview This position is focused on data analytics for the Home Equity Line of Credit (HELOC) business. The role is responsible for developing analytics and reporting that support pricing strategy to meet or exceed revenue goals and maximize market share in alignment with corporate goals. The analyst provides value-added analysis and recommendations to support business growth. Essential Duties & Responsibilities
Lead the development and implementation of best-practice pricing by creating tools, processes, guidelines, and standardized reporting to define a pricing strategy, set prices, and execute pricing plans to achieve revenue, profit and market share goals.
Collaborate with internal partners to develop processes and analytics that strengthen baseline pricing recommendations driving bottom-line results.
Provide timely and actionable reports to the leadership team, via data visualization and quantitative/qualitative analysis, to tell the product story.
Produce reports that monitor profitability, production, and KPIs; provide forecasting of future performance.
Conduct competitive analysis to assess impacts of competitors on pricing, promos, market share, and product features/benefits.
Define data requirements and resources to support analysis and reporting of pricing effectiveness.
Synthesize and present pricing analytics and recommendations.
Update and monitor pricing posted across multiple channels.
Support continuous improvement of pricing processes.
Apply advanced analytical thinking to pricing issues, including demand curves and price elasticity calculations.
Improve the use of predictive analytics to proactively manage price.
Ensure daily pricing in systems is consistent with published rates; import pricing information and verify accuracy.
Quantify value of products against competitor offerings.
Create an executive reporting dashboard to communicate the impact of pricing decisions.
Minimum Knowledge, Skills And Abilities Required
Bachelor's Degree in Statistics, Mathematics, Economics, or equivalent experience required.
3-5 years of experience in retail, analysis, or pricing (preferred).
Proficient in a wide range of analytical, quantitative, and statistical techniques and tools to derive insights from large, complex data environments.
Exceptional ability to extract strategic insights from large data sets.
Office computer skills; preference for Microsoft applications.
Advanced Excel skills required.
Experience with statistical analysis software packages (e.g., SAS) required.
Excellent communication skills: listening, verbal and written.
Strong organizational, planning, and time-management skills.
Positive, can-do attitude and ability to learn company systems and tools.
Compensation & Benefits The base salary is reflective of the pay grade range across the U.S. Salaries vary based on role, relevant skillset, experience, education, and location. This role is eligible for an incentive compensation plan based on company, line of business, and/or individual performance. The organization offers comprehensive benefits to support physical, financial, emotional, and social well-being. Details are available on the 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or via your talent acquisition partner. Equal Employment Opportunity Fifth Third Bank is committed to an engaged and inclusive culture and to equal employment opportunity in all decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status, or any other protected status.
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