About the job
- The Pricing Analyst is responsible for liaising with many locations worldwide and with internal teams (Sales and Product experts in locations, Operations and Billing teams) to analyse and compile data to produce a proposal for validation and subsequent client communication. Also, this professional is responsible for reviewing, analysing and producing proposals that aim to increase our business’s competitiveness and profitability, the pricing analyst must be a self-driven person with team spirit that takes pleasure in managing client specific pricing requests
Your Main Activities Are
- Perform product pricing, preparing costs and revenue forecasts by collecting, analysing and compiling both quantitative as qualitative data from different sources and provide and/or present results to senior management and relevant stakeholders (Client Line, Client Development, Product etc.)
- Compare the outcomes of different pricing strategies and assure the corresponding data is reported and stored to allow future audit and monitoring
- Collaborate with the global teams across Client Development, local Client lines, finance and billing teams to determine how to price products effectively
- Apply statistical modeling methods to determine the potential impact of pricing strategies on profitability
- Forecast revenue and market share based on market trends, production costs, profit margins, and variation on volumes
- Recommend pricing strategies that align closely with market trends and identifying new and innovative solutions to enhance the teams output
- Develop dynamic pricing tools to effectively respond to changing market needs and trends
- Keep informed on pricing analysis methods and industry trends
- Implement market research and benchmarking analysis at global and local level, to feed Client Lines and Client Development with market studies, competitive positioning, regulatory research and to identify client specificities/requirements (in liaison with Market Intelligence team)
- Act as liaison between Client Development and local Client Line / product experts
Profile and Skills to Success
- Bachelor’s degree in Economics, Finance or Accounting
- Up to 2 years of relevant experience in Banking and Financial Operations, Accounting and Finance or Data Analytics
- Advanced level of English
- Ability to collaborate / teamwork
- Analytical ability, namely in Excel
#LI-Hybrid
Why joining BNP Paribas?
· Leading banking institution
BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.
· Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group’s 10 business entities established in the country. Its presence also extends to 11 excellence centres providing value-added services to various countries where the BNP Paribas Group also operates.
· International reach
Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:
- Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;
- Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
- Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.
· Diversity and Inclusion commitment
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
· Commitment towards work/life balance
At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.
· Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.
To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal
* Please note that only applications submitted in English will be considered.
* In case you are selected for this role, further documentation will be requested to support your hiring process.