Senior Manager Everyday Banking Pricing
Commonwealth Bank
Office
1 Locomotive Street, Australia
Full Time
You’re passionate about working alongside high performing product professionals
We’ve transformed our ways of working to take our customer obsession to the next level
Together we can achieve big goals, empowering our customers and our team
See yourself in our team
Retail Banking Services (RBS) is the public face of CommBank, delivering a seamless banking experience for the future to over 10 million personal and small business customers. We offer market-leading products and services, supported by some of the world’s best systems and processes.
The Deposits, Pricing and Governance Crew is responsible for the manufacturing and profitable growth of Retail Savings and Term Deposit products. Our responsibilities include product strategy, product design, pricing, customer experience, risk management, and the day-to-day oversight of the deposit suite.
Key responsibilities of the Everyday Banking (EDB) Pricing, Data Science & Analytics Centre of Excellence (CoE) include:
Driving EDB P&L outcomes
End-to-end accountability for setting headline and discretionary interest rates
Ongoing development of our world-leading pricing capability
Customer acquisition and retention for Term Deposits and Savings Accounts through targeted offers
Designing and implementing customer-centric initiatives to help customers meet their savings goals
Do work that matters
The Senior Manager, Everyday Banking Pricing, will play a pivotal role in developing and delivering the savings and term deposit pricing strategy.
This high-profile role requires innovative and strategic thinking to support the CoE Lead in executing major initiatives aligned with our business priorities. You will guide and inspire your squad to drive EDB P&L outcomes, collaborate closely with key stakeholders, and regularly present to senior leaders in Everyday Banking.
This role is fundamental to delivering our initiatives and driving portfolio growth for the largest deposit franchise in the country, with the opportunity to advance our pricing capabilities.
More specifically, you will:
Support with the CoE Lead to identify and create continuous development opportunities for your Chapter members
Foster a team environment that reflects the values of Care, Courage, and Commitment
Deliver P&L outcomes through weekly management of headline and discretionary pricing
Collaborate with a wide range of stakeholders to achieve business goals
Proactively identify, understand, and manage risks across the business
Work with our data science team to develop new models that enhance pricing efficiency
Play a central role in launching new pricing capabilities to customers
We want to hear from you if you have:
A strong analytical mindset, be a self-starter with proven problem-solving skills and attention to detail
Commercial acumen balanced with a commitment to optimal customer outcomes
Experience in delivering complex initiatives requiring cross-function collaboration
Demonstrated ability to analyse and improve key customer journeys and processes
Experience in pricing (highly regarded)
Strategy development skills
Strong stakeholder relationship-building and influencing skills
A relevant tertiary qualification in Business, Finance, Risk Management, or a related field
A Risk Mindset – All CommBank employees are expected to proactively identify, understand, openly discuss, and act on current and future risks
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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Advertising End Date: 17/08/2025Senior Manager Everyday Banking Pricing
Office
1 Locomotive Street, Australia
Full Time
August 5, 2025