Senior Lead Product Manager, Pricing Strategy and Competitive Analysis

$111,100 - $237,100/Yr

Wells Fargo - New York, NY

Full-time - Senior

New York, NY

Credit Intermediation and Related Activities

About the position

Wells Fargo is seeking a Senior Lead Product Manager for its Personal Lending team within Consumer Lending. This role focuses on developing and implementing pricing strategies for personal loans, flex loans, and point of sale financing, while collaborating with pricing analytics to enhance portfolio financial performance. The position is integral to driving competitive analysis and market research to adapt pricing strategies to changing market conditions.

Responsibilities

• Develop and implement pricing strategies appropriate to changing market conditions
• Conduct market research and competitive analysis to identify pricing trends, customer preferences, and growth opportunities
• Monitor and evolve the personal lending customer pricing approach, partnering closely with finance analytics, finance and credit risk
• Design new test strategies, applying any cross-product learnings
• Define the pricing capabilities roadmap and work with product development team on requirements to implement
• Oversee pricing change execution process and ensure adherence to controls

Requirements

• 7+ years of Product Management, product development, strategic planning, process management, change delivery, or agile product owner experience
• 5+ years of Pricing, credit risk or finance experience in financial services industry
• Experience designing, monitoring and evaluating new testing strategies in credit and/or pricing
• Knowledge of consumer lending products and P&Ls
• Knowledge and understanding of credit risk management
• Deep understanding of market dynamics and customer behaviors
• Proven ability to collaborate with Product development and Pricing execution teams
• Strong and dynamic presentation skills
• Strong business acumen with the ability to influence without authority
• Good analysis, tracking and trending skills and familiarity with statistical modeling
• Master's Degree, MBA or higher preferred

Nice-to-haves

• Experience in financial services industry
• Ability to identify learnings from testing strategies

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement