Senior Lead Product Manager, Pricing Strategy and Competitive Analysis

About this role:Wells Fargo is looking for a Senior Lead Product Manager to join its Personal Lending team as part of Consumer Lending. The Personal Lending team is responsible for Personal Loans, Flex Loans and Point of Sale Financing. The Pricing Strategy and Competitive Analysis role drives our personal loans pricing strategies and cross product risk-based pricing strategies. This individual contributor will be working closely with the pricing analytics team to design strategies, test plans and capabilities for pricing that meet and exceed our portfolio financial performance metrics.Wells Fargo’s Consumer Lending businesses empower millions of customers to achieve their dreams every day. Whether it’s buying a home, purchasing a car, funding a significant purchase, or making important daily credit card purchases, Consumer Lending provides important credit products and services that help our customers succeed. The group includes Home Lending; Auto; Cards, Retail and Merchant Services; Personal Lending; Consumer Lending Control; and Consumer Lending Shared Services. Learn more about the career areas and business divisions at wellsfargojobs.com.In this role you will:

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

Required Qualifications, US:

7+ years of Product Management, product development, strategic planning, process management, change delivery, or agile product owner experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

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, with the ability to identify learnings

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 to implement and execute testing strategies

Strong and dynamic presentation skills, with experience presenting information in a manner that persuades, educates, and enhances understanding at all levels

Strong business acumen with the ability to influence without authority within a matrixed and ambiguous environment

Good analysis, tracking and trending skills and familiarity with statistical modeling

Master’s Degree, MBA or higher preferred

Job Expectations:

Ability to travel up to 25% of the time

Willingness to work on-site at stated location on the job opening

This position offers a hybrid work schedule

This position is not eligible for Visa sponsorship

Job posting may come down early due to volume of applicants.Locations:

801 Walnut St, Des Moines, IA 50309

550 S Tryon St, Charlotte, NC 28202

300 Highway 169 S, Minneapolis, MN 55426

150 E 42nd, New York, NY 10017

333 Market St, San Francisco, CA 94103

Required locations listed above. Relocation assistance is not available for this position.Pay Range:

New York – New York Pay Range: 133,300.00 - 237,100.00 USD annual (this range may not be applicable to other locations)

San Francisco, CA Pay Range: 133,300.00 - 237,100.00 USD annual (this range may not be applicable to other locations)

Pay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.$111,100.00 - $237,100.00BenefitsWells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.

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

Posting End Date:6 Nov 2024 Job posting may come down early due to volume of applicants.We Value DiversityAt Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more.Wells Fargo Recruitment and Hiring Requirements:a. Third-Party recordings are prohibited unless authorized by Wells Fargo.b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.Req Number: R-411129