Senior Manager Strategic Pricing (Toronto)

Senior Manager Strategic Pricing (Toronto)

22 Oct
|
BMO Financial Group
|
Toronto

22 Oct

BMO Financial Group

Toronto

Works in collaboration with sales teams to set and adjust prices based on statistical models and customer psychology for Pricing Optimization. Analyzes competitor pricing, assesses market share and margins, and tracks customer engagement to gain a complete picture of effective pricing strategies for product offerings and determine ideal target prices. Breaks down pricing structures and sales funnels of comparable competitor products and services to identify specific strategies used in developing pricing models. Presents analytical findings and recommendations to executives, marketing teams, and sales personnel to develop actionable strategies, tools, and techniques that drive sales and enhance marketing efforts.
Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
Ensures alignment between values and behaviour that fosters diversity and inclusion.
Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures transparent accountability for follow through.
Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
Attracts, retains, and enables the career development of top talent.
Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
Provides strategic input into business decisions as a trusted advisor.
Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.




Acts as a subject matter expert on relevant regulations and policies.
May network with industry contacts to gain competitive insights and best practices.
Drafts strategic pricing plans and processes to improve existing product offerings.
Helps determine business priorities and best sequence for execution of business/group strategy.
Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.
Develops the business case by identifying needs, analysing potential options and assessing expected return on investment.
Recommends business priorities, advises on resource requirements, and develops roadmap for strategic execution.
Builds effective relationships with internal/external stakeholders.
Ensures alignment between stakeholders.
Acts as the prime subject matter expert for internal/external stakeholders.
Defines business requirements for analytics and reporting to ensure data insights inform business decision making.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
Coordinates the management of databases;

ensures alignmentand integration of data in adherence with data governance standards.
Develops and applies the framework for databases;





oversees databasemanagement in adherence with data governance standards.
Monitors and tracks performance, and addresses any issues.
Designs and produces regular and ad-hoc reports, and dashboards.
Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
Leads the development of the communication strategy focusing on positively influencing or changing behaviour.
Leads the execution of operational programs;

assesses and adapts as needed to ensure quality of execution.
Analyzes competitor pricing and other data to compare similar products and services.
Recommends opportunities based on market trends and industry conditions.
Identifies and recommends or defines ideal pricing structures and sales funnels for a portfolio of products in collaboration with sales and marketing teams.
Drafts or supports the drafting of strategic pricing plans and processes to improve existing product offerings.
Creates reports reflecting metrics and project status, objectives, and barriers to relevant stakeholders.
Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
Implements changes in response to shifting trends.
Broader work or accountabilities may be assigned as needed.
Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your rol

📌 Senior Manager Strategic Pricing (Toronto)
🏢 BMO Financial Group
📍 Toronto

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