Senior Manager Everyday Banking Pricing

1 week ago


Sydney, Australia Commonwealth Bank Full time $150,000 - $200,000 per year
  • 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: 17/08/2025

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