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Discover

Lead Pricing Specialist

Sorry, this job was removed at 08:13 p.m. (CST) on Thursday, May 15, 2025
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Hybrid
Chicago, IL
78K-132K Annually
Hybrid
Chicago, IL
78K-132K Annually

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Discover. A brighter future.
With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.
Come build your future, while being the reason millions of people find a brighter financial future with Discover.
Job Description:
What You'll Do

This position in Payment Services' Global Pricing Organization is responsible for evaluation of pricing strategies and solutions that drive revenue yield and the advancement of pricing infrastructure within Payment Services. The primary focus is to manage and grow revenue yield for Payment services thru conduction of pricing analysis that ensure account-level and program level profitability, delivery of pricing solutions and monitoring of current strategy or pricing proposal performance. This position is also responsible for working with internal departments to ensure that strategies are implemented and communicated properly. This requires a fair knowledge of competitive pricing practices, the drivers of the revenue, rates and fees for a wide variety of external client types (i.e., merchants, acquirers, networks, issuers, etc.) as well as an ability to identify cross functional implications and system support of pricing components. This position also evaluates a pipeline of pricing initiatives and requests under evaluation for review and approval ensuring requests are evaluated in a consistent and rigorous manner and that all audit, risk and governance requirements are met. This position works closely with personnel across all functions to make recommendations that contribute to various strategy efforts, pricing systems enhancements and other initiatives designed to grow acceptance, sales volume and revenue. It is unlikely that this position manages direct reports.

How You'll Do It
  • Performs thorough, detailed and precise financial and mathematical analysis or visual representations of business initiatives/problems in support of the identification of pricing proposals, solutions or performance monitoring.

  • Collaborates with management and other key business area decision makers to identify and solve a variety of issues, clarify management objectives, and ensure successful implementation of chosen solutions.

  • Presents the results of mathematical modeling and data analyses to management or other key business area decision makers.

  • Manage and track policy, volume, and revenue performance by partner and enterprise wide.

  • Responsible for delivering the procedures and business rules required to support stated policy, as well as the documentation and communication of policy both internally and externally.

  • Stay abreast of competitive pricing trends and utilize knowledge for policy recommendations as well as analytics, client and product strategies and risk assessment.


Qualifications You'll Need

The Basics
  • Bachelor's degree in Finance, Economics, Business Administration and Management, Accounting, Marketing, or related

  • 2+ years Pricing, Financial Services, Transaction Processing, Analytics

  • Deep Excel Expertise Upon Hire


Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:
  • Primarily remain in a stationary position.

  • Occasionally move about the work environment to complete the major responsibilities of the job.

  • Primarily performed indoors in an office setting.

  • Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.


Bonus Points If You Have
  • Masters Business Administration and Management

  • 4+ years Pricing Financial Services, Transaction Processing, Analytics

  • SQL Upon Hire

  • Tableau, Power BI, or similar data reporting and visualization tools


Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.
Application Deadline:
The application window for this position is anticipated to close on Apr-23-2025. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
Compensation:
The base pay for this position generally ranges between $77,500.00 to $131,500.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.
Benefits:
We also offer a range of benefits and programs based on eligibility. These benefits include:
  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • Short and Long Term Disability, Life, and Accidental Death & Dismemberment insurances
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan

Learn more at mydiscoverbenefits.com .
What are you waiting for? Apply today!
All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.
Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.
At Discover, we are committed to creating an inclusive and equitable workplace through our Fair Chance Hiring practices. Fair Chance Hiring means that we base our hiring decisions on an applicant's qualifications rather than their criminal record. All our positions are subject to Section 19 of the Federal Deposit Insurance Act. Our applicants go through a background check, and we follow all applicable local laws, including the Los Angeles County Fair Chance Hiring Ordinance ( LA County Fair Chance ).
Positions marked as remote eligible are limited to remote locations within the country in which the position is based.
Applicants must be 18 or older at the time of hire.
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