Responsibilities & Duties Conduct analysis as it relates to new loan origination pricing, and review portfolio data to identify and develop pricing strategies that enhance profitability for both commercial and consumer loan and deposits Primary responsibility includes taking ownership and maintaining the bank's pricing tool, Precision Lender pricing platform Ensure that pricing model reasonably reflects product and relationship profitability for both loans and deposits, and is aligned to overall... more details
Responsibilities & Duties
Conduct analysis as it relates to new loan origination pricing, and review portfolio data to identify and develop pricing strategies that enhance profitability for both commercial and consumer loan and deposits
Primary responsibility includes taking ownership and maintaining the bank’s pricing tool, Precision Lender pricing platform
Ensure that pricing model reasonably reflects product and relationship profitability for both loans and deposits, and is aligned to overall bank profitability
Conduct continuous analysis to develop and update assumptions and maintain configurations, including but not limited to, costing assumptions for loan acquisition costs, servicing expenses
Liaison with business lines to analyze loan and deposit pricing levels to assess competitiveness and help set pricing guidelines based on its resulting profitability
Monitor and track new loan volume trends to identify areas of pricing opportunity in various markets and industries
Perform competitive analysis amongst pricing from competitors
Understand organizational goals as it relates to new originations, and develop and support pricing strategy recommendations
Extract financial and statistical data from multiple enterprise databases using data mining skills (SAS, SQL, Tableau)
Run ad hoc analytics on databases including Precision lender and customer profitability reporting
Job Requirements/Qualifications
Bachelor’s degree in a quantitative discipline is preferred.
5+ years of financial analysis, modeling, and financial systems experience
Has managed pricing processes, implemented pricing initiatives, and created pricing process documentation
Experience with Precision Lender, with strong excel and database skills
Strong verbal and written communication skills with the ability to form strong partnerships with key business partners
Knowledge of financial income statements, balance sheet, and profitability drivers
Prior experience with commercial banking products, C&I and CRE, treasury services, and consumer banking products
Strong communication, negotiation, and stakeholder management skills
The salary range for this full-time position is $100,000 - $150,000 + bonus + benefits
Salary ranges are determined based on qualifications, level, and location.
Exact compensation may vary based on your skills and experience.
Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.
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