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MUFG · 7 hours ago

VP, Transaction Banking - Billing Product Manager / Data Analysis

Jersey City, NJ

Full-time

Hybrid

Mid, Senior Level

$135K/yr - $155K/yr

6+ years exp

Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups, dedicated to making a meaningful impact for clients and communities. The VP, Transaction Banking - Billing Product Manager is responsible for managing and analyzing billing related to Transaction Banking products, driving product strategy, and enhancing revenue growth through pricing analysis and stakeholder collaboration.

Financial Services

Responsibilities

Product Management for billing of Transaction Banking products

Product strategy: Participate in efforts to identify billing / pricing needs across the TB suite of products across target customer markets. Collaborate with other TB product managers to clarify billing and pricing requirements for their products

Pricing reviews: Interface with sales to review and approve exception pricing requests

Product management: Maintain product documentation / fee schedules, TB procedures, proforma, and forms

Product profitability and pricing: Provide analytical support for strategic and tactical decision making and business reviews. For executive presentations, identify volume and revenue trends and their sources, with forecasting. Partner with Relationship Managers, Client Service officers, and TB Treasury Relationship Managers as appropriate to drive revenue growth and identify impacts to product financials

Partner with key stakeholders: Act as primary point of contact related to billing and pricing with key stakeholders. Respond to questions and requests from Operations, Technology, TB Service and TB Sales. Serve as an escalation point for complex customer service issues. Perform triage of billing / pricing related issues

Communications: Create communications for internal staff, senior management, and clients related to billing / pricing

Leverage existing product and organizational strengths to achieve stated business objectives including effective risk management

Drive billing / pricing improvements for customers and for internal processes

Leverage solutions across multiple markets to improve time to market

Create a consistent customer experience and manage delivery cost

Billing – Detailed Data Review & Analysis

Perform detailed quantitative data analysis at an ETL engineer level to produce detailed data analysis and estimation based on complex pricing and billing data across multiple data sources

Serve as a key participant in life cycle activities such as business requirements definition, user acceptance testing, drafting marketing and sales support materials, developing operating procedures, and representing the business to operational, project and technology teams

Understand drivers of treasury management income including ECR, fee income, NII, and inform leadership of areas of opportunity

Focused on revenue growth, including annual review of standard and exception fees for Transaction Banking

Qualification

Transaction Banking productsData analysisExcel advanced skillsETL processesFinancial reportingProject planningCompliance knowledgeInterpersonal communication

Required

Typically requires B.A. or B.S. or equivalent experience: MBA a plus

A minimum of 6-8 years of experience working with Transaction Banking / Treasury Management products

Advanced technical skills required related to Excel (acros, complex formulas, pivots, etc.), comparators tools

5+ years of technical quantitative analysis / ETL

5+ years of banking experience in billing and pricing

Strong financial reporting & analytics experience

Strong interpersonal oral and written interpersonal communication skills, and matrix management skills

Strong strategic and project planning with an execution track record

Actively ensure compliance with all rules and regulations including Patriot Act, CIP requirements, and other applicable regulatory and compliance policies and procedures

Advanced knowledge of technical projects from Requirements to User Acceptance planning and testing (UAT), to Solution Go-Live