Senior Manager Payments Pricing Strategy

2 weeks ago

Sydney, New South Wales, Australia Commonwealth Bank of Australia Full time $180,000 - $250,000 per year
  • Permanent Full time
  • Sydney Location

Your business

The Business Banking Payments team is at the heart of CommBank's mission to deliver secure, efficient, and customer-focused payment solutions for business clients. Supporting a diverse portfolio—from small enterprises to large corporates—the team ensures seamless transaction experiences through platforms like CommBiz and the New Payments Platform (NPP). This team is deeply embedded in CommBank's Business Banking Operations and Digital Transformation streams, driving innovation while ensuring regulatory compliance and exceptional customer outcomes.

See yourself in our team

Our team is the Payment Pricing & Billing Centre of Excellence, and we are responsible for:

  • Leading pricing strategy & governance across the Payments Domain
  • Identifying and addressing pricing and billing incidents
  • Reviewing and updating procedures, disclosures, and customer collateral
  • Representing the Payments Domain in Business Bank pricing and billing initiatives
  • Strengthening Payments' pricing and billing standards and practices for new and existing products

Do Work That Matters

As the Senior Manager for Payments Pricing Strategy & Insights, you will have responsibility to drive P&L and strengthen pricing governance. In this fast-paced, high exposure role you will:

  • Lead pricing strategy & governance for Payments, collaborating with Product Managers to ensure alignment across the Payments Domain
  • Optimise revenue margins and costs, ensuring consistent application of pricing principles across Payments Domain
  • Generate and communicate pricing and portfolio insights, including providing support on P&L analysis and data analysis on risk issues and incidents
  • Build reporting dashboards, benefits tracking, and prepare business cases
  • Manage external pricing consultant engagements and activate recommendations
  • Work with other COE members and wider Payments Domain to identify and implement improvements (productivity, customer experience, revenue, and culture).

Help us deliver a better future for Payments:

The successful candidate will have:

  • Demonstrated experience in payments pricing strategy, governance, and analytics is essential. Experience in Payments products and systems, and pricing new products will be highly regarded.
  • A curious and strong problem-solving mindset who fully considers end-to-end how Payments works
  • Exceptional numerical, written and verbal communication who can translate data to drive pricing strategy, and proactive detection of portfolio and client change in behaviour
  • Proven discipline in prioritisation in a fast-paced environment
  • Risk mind-set and advanced awareness of Finance, Analytics, Pricing and Operational processes and controls

Your Development

If you live the values and demonstrate the people capabilities, we can offer great opportunities. Whether you want to move across the organisation or up into a leadership role, the way you live the values and demonstrate the people capabilities are key. Use the capabilities required for this role as a guide to the critical skills and behaviours you need for your next move

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: 24/09/2025

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