Network Management Senior Associate

Are you experienced in financial services and have passion for stakeholder engagement? Then you found the right role for you! 

As a Network Management Senior Associate within the Network Management Pricing Strategy Team, you will be accountable for using available data to review fee spend and interest and to estimate cost impacts from pricing negotiations, with a focus on identifying expense savings opportunities. The team supports spend reviews and develops repeatable approaches to using available data to estimate cost changes. This role reports to the Network Management Pricing Strategy Lead and partners with stakeholders across Network Management, Operations, Technology, and the lines of business. You will help ensure pricing-related data is managed effectively and efficiently to support a stronger understanding of agent bank and FMI spend, and to collaborate on the development of tools that enable timely assessment of proposed pricing changes at both the overall and LOB levels.

Job responsibilities

• Collaborate with Network Analytics to deliver spend reporting that enables Network Managers to review spend and related volumes across Agent Banks and financial market infrastructures (FMIs).
• Identify, source, and document additional spend and related data to increase coverage of Agent Bank and FMI spend through centralized processes.
• Identify and pursue opportunities to apply artificial intelligence (AI) to Network Pricing processes
• Partner with Network Analytics and Technology to develop and deliver repricing functionality that (a) automates data gathering, (b) performs data quality and completeness checks, and (c) enables entry of proposed pricing with estimated cost impacts at the overall Agent Bank/FMI level and by LOB.
• Engage with Network Managers and the lines of business to support spend reviews and pricing negotiations, including preparation of data-driven materials and cost-impact estimates.

Required qualifications, capabilities, and skills

• Strong analytical and data skills, with the ability to understand and work with data structures and perform complex analysis.
• Strong communication and stakeholder engagement skills, with the ability to interpret complex information and communicate data-driven insights in a way that is meaningful and tailored to the audience.
• Effective project management skills.
• Proven problem-solving and creative thinking skills.
• Ability to develop strong working relationships with stakeholders of varied seniority.
• Ability to self-manage, including goal setting, planning, prioritizing, scheduling, and tracking progress.
• Proficiency with Microsoft Excel.
• Interest in applying new approaches and technologies to improve processes, including the use of artificial intelligence (AI).

 Preferred qualifications, capabilities, and skills

• Knowledge of pricing concepts for cash and securities services, including fee-based and non-fee-based costs.
• Familiarity with a network supporting multiple lines of business and legal entities that maintain Agent Bank and FMI relationships.