Job Description
As a Business Director at Capital One, you will apply your strategic and analytical skills to major company challenges. You’ll team with world-class professionals to develop and test strategies that ultimately impact the bottom line. And you will do it all in a collaborative environment that values your insight, encourages you to take on new responsibility, promotes continuous learning, and rewards innovation. Global Pricing leads the development and execution of pricing policy strategy for Discover Network (DN) and Discover Diner’s Club International (DCI) payment networks. Network pricing policy serves as the driver for network revenue and topline growth at Global Payment Network (GPN). The Global Pricing team partners with GPN’s external-facing teams to evaluate market pricing (interchange and network fees), review voice of customer feedback, and develop pricing rules, rates, and fees that are benchmarked to competitors. With this benchmarked approach in mind, pricing considers DGN products, technological capabilities, market perception, and industry news to develop and maintain a cohesive pricing strategy. Additionally, the pricing team supports the end-to-end implementation of pricing policy and the consistent evaluation of the required pricing infrastructure. The pricing team strives for operational excellence, pricing integrity, and flawless execution. This role will lead the development of international pricing strategy for policies, deals and infrastructure. This involves developing cohesive strategies for driving pricing policies that balance economics across network participants, including merchants, acquirers, issuers and franchise partners, and influencing key sales team partners to drive pricing negotiations and recommendations. This role will also lead the strategic development of pricing capabilities to support revenue growth for the Network and ensure operational excellence through well-managed processes. General Responsibilities Strategic leadership: Develop business strategies that will drive growth, profitability, and competitive success for Capital One in the face of shifting consumer and regulatory demands Leadership: May manage and develop multiple analysts. Coaching and mentoring associates with a goal of developing and retaining talent at Capital One Product: Develop and implement new product and pricing strategies for various lending products; lead product level data modeling/analytics Marketing: Lead direct-to-consumer marketing efforts for select products, and strategic intent for products distributed through the retail channel. Build targeted insights to inform the design and development of new customer experiences, as well as breakthrough technology and concepts designed to deliver on new go-to-market strategies Credit Risk: Drive step-change improvements in credit performance by connecting drivers of future consumer credit trends to historical behavior, creating risk models, and testing hypotheses using rigorous monitoring and analysis Execution: Manage and sequence delivery of business intent, build business requirements and execute against the product strategy. Oversee multiple projects and programs concurrently Partnership: Work closely with colleagues across Capital One including: IT, Sales, Operations, Finance and others to drive improvement in quality, volume, service, and profitability Strategic; analytic orientation: A proven track record of decision making and problem solving based on analytics. Conceptual thinking skills must be complemented by a strong quantitative orientation, given that a large part of the business is based on rigorous analytic marketing; credit risk management Strong business judgment, leadership and integrity: They should be a tenacious decision maker, able to bring a healthy, aggressive, yet responsible approach to business Solid people leadership experience: Ability to build and leverage the capabilities of a high-performing team, as well as business partners across the enterprise. They should foster innovation, drive critical decisions, hold business partners accountable, and be able to consistently deliver results Strong executive communication skills: Impeccable written and oral communication credentials, coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal and negotiation skills Clear results orientation: display an intense focus on achieving both short and long term goals. They should be able to drive and execute an agenda in an uncertain and fluid environment Successful track record of thriving in a fast paced, entrepreneurial and dynamic environment. Previous consulting experience is a plus Basic Qualifications: Bachelor’s Degree At least 4 years of experience performing