Revenue Management Analyst

Bank of Montreal

Chicago, IL

Full Time

Mid Level

56k-104k

16 days ago

Job Description

About the Role

The Revenue Management Analyst at BMO Financial Group is responsible for developing innovative data strategies and reporting to enhance business profitability within the Treasury and Payment Solutions (TPS) Revenue Management team. The role involves working on TPS fee pricing strategies, evaluating exception pricing opportunities, researching revenue leakage, building and maintaining pricing tools, and collaborating with internal and external stakeholders to support strategic initiatives. The position supports the evolving Cash Management business and requires a data-driven mindset to analyze financial results and contribute to business growth.

Key Responsibilities

Develop innovative data strategies and reporting to enhance business profitability
Focus on TPS fee pricing strategies working with TPS Product to help determine standard fee pricing
Work with TPS Sales teams to evaluate exception pricing opportunities
Research revenue leakage by improving processes and procedures
Build and maintain TPS pricing tools to monitor pricing changes
Ensure financial results are well understood and how they impact business results
Gather and format data into regular and ad-hoc reports and dashboards
Coordinate and execute activities for the implementation of strategic initiatives, including tracking metrics and milestones
Collaborate with internal and external stakeholders to deliver on business objectives
Employ systems such as customized exception reports and tracking reports to manage information
Execute routine tasks such as ad hoc requests, transactions, and queries within service level agreements
Analyze issues and determine next steps, including handling escalations from other employees

Requirements

Typically between 4-6 years of relevant experience and a post-secondary degree in a related field of study or an equivalent combination of education and experience
Data analysis experience is a must-have
Proficient verbal and written communication skills
Proficient organization skills
Proficient collaboration and team skills
Proficient analytical and problem-solving skills
Expertise in Excel
Proficiency in Power BI
Experience in Alteryx, Business Objects or similar data analytics and visualization platforms is an asset
Treasury Services/Cash Management Banking knowledge is an asset

Nice to Have

Experience in Alteryx, Business Objects or similar data analytics and visualization platforms

Qualifications

Post-secondary degree in a related field or equivalent experience
4-6 years of relevant experience

Benefits & Perks

Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Performance-based incentives and discretionary bonuses
Other perks and rewards

Working at Bank of Montreal

At BMO, we are driven by a shared purpose to boldly grow the good in business and life. We aim to create lasting, positive change for our customers, communities, and people by working together, innovating, and pushing boundaries. We value our employees, respect diversity, and support growth through training, coaching, and opportunities to make an impact from day one. We are committed to providing a supportive environment that fosters development and inclusion.

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