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Job Description

Oracle is strongly committed to the global financial services industry. To assist financial institutions, Oracle has brought together the industry's best application and technology ecosystem for evolutionary transformation, providing Banks and Credit Unions with the largest footprint of functional assets. Oracle's progressive transformation strategy for financial services industry is executed through the Oracle Financial Services Global Industries Unit (FSGIU).

Oracle FSGIU has created the position for a Director of Product, Pricing, and Billing Management to further support progressive transformation of Banks and Credit Unions in the United States.

Job Description:

In this role you will work as part of a team that acts as the central resource and driving force for banking and insurance. As a member of the product strategy team for Oracle Banking solutions, you will contribute to the definition of product specifications and strategy to enable a most modern product configuration, pricing attributes and billing capabilities for banking and insurance especially around retail banking products such as checking accounts, savings account, CDs, IRAs, lending and leasing, and insurance policies and administration (property, casualty, auto and home insurances). Knowledge of US regulations and compliance, and market practices around these products are required as you will need to define product specifications around functionality and compliance.

You will also be required to support sales and pre-sales teams in business development opportunities. You will need to initiate and foster relationships with other groups to ensure a holistic development of our product definitions, pricing, decisioning, and billing for retail banking products and insurance. You will also review product documentation and collateral to ensure successful product releases based on corporate priorities.

Responsibilities:

• Deep experience in defining and structuring products across banking and insurance, with a focus on dynamic pricing models, bundling strategies, and aligning offerings with market demand and regulatory standards. The objective being definition and development of a platform that helps our clients drive acquisition, retention, and revenue growth.

• Extensive knowledge of designing rewards programs and loyalty schemes to enhance customer engagement, lifetime value, and profitability across banking and insurance sectors, while ensuring compliance.

• Strong ability to collaborate with cross-functional teams to align platform features with market needs, scalability, and compliance.

• Expertise in streamlining revenue management and billing across banking, insurance, and utilities sectors, optimizing pricing structures and accounts analysis while integrating offers and rewards seamlessly.

• Analyze and understand the various flavors of product management and hierarchy and the application of the same to retail banks and insurance companies including definitions, configurations, pricing, and decisioning. Have in depth knowledge of regulations around these products.

• Translate the above market knowledge into business requirement documents for development.

• Knowledge of corporate banking activities such as corporate deposits and corporate loans would be an added advantage.

• Effectively apply Oracle’s methodologies, policies, and procedures.

• Develop and deliver high quality presentations and demonstrations, present and articulate product features, and benefits, and configure and test the overall solution that delight prospects and clients

• Demonstrate strong communication skills to deal with internal stakeholders, partners, customers, and senior management.

• Require business, product, technology, or industry expertise relevant to product management, pricing, billing and revenue management.

• Effectively manage scope, schedule, resources, and quality throughout development by analyzing factors that influence outcomes such as risk, issues, and dependencies.

• Plan, manage and communicate the progress of projects, project achievements and maintain project status.

• Maintain up-to-date knowledge of and compliance with internal processes and procedures.

• Support the business development effort for new & expansion opportunities through scoping, solutioning & presentations.

• Promote knowledge by sharing lessons learned, innovations or new skills with team members

Responsibilities

Ideal Candidate should have the following qualifications/skills:

• Deep experience (10+ years) in defining and structuring products across banking and insurance, with a focus on dynamic pricing models, bundling strategies, and aligning offerings with market demand and regulatory standards

• Detailed knowledge of banking and insurance regulations for the above domain and awareness on current trends and market practices.

• Strong presentation and communication skills are essential for this role, which involves interacting with external stakeholders. The candidate will be responsible for presenting, articulating, and demonstrating our value proposition to analysts, partners, and prospective clients. This may include writing white papers, participating in speaker engagements at conferences, and other related activities

• Experience working with software development teams in different stages of software development

• Proficient in writing and updating documents that translate functional and regulatory requirements into business requirement documents that can be readily understood by developers and software product managers.

• Skilled in delivering clear outcome-based targets and measures by working with a strong sense of urgency in getting the job done

Life at Oracle:

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.

Please contact us to request accommodation.

Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veteran’s status or any other characteristic protected by law.

At Oracle, we don’t just value differences—we celebrate them! We’re committed to creating a workplace where all kinds of people work together. We believe innovation starts with diversity and inclusion.

https://www.oracle.com/corporate/careers/culture/diversity.html

Provide leadership and expertise in the development of new products/services/processes, frequently operating at the leading edge of technology. Recommends and justifies major changes to existing products/services/processes. BS or MS degree or equivalent experience relevant to functional area. 8 or more years of software engineering or related experience.

About Us

As a world leader in cloud solutions, Oracle uses tomorrow’s technology to tackle today’s problems. True innovation starts with diverse perspectives and various abilities and backgrounds.

When everyone’s voice is heard, we’re inspired to go beyond what’s been done before. It’s why we’re committed to expanding our inclusive workforce that promotes diverse insights and perspectives.

We’ve partnered with industry-leaders in almost every sector—and continue to thrive after 40+ years of change by operating with integrity.

Oracle careers open the door to global opportunities where work-life balance flourishes. We offer a highly competitive suite of employee benefits designed on the principles of parity and consistency. We put our people first with flexible medical, life insurance and retirement options. We also encourage employees to give back to their communities through our volunteer programs.

We’re committed to including people with disabilities at all stages of the employment process. If you require accessibility assistance or accommodation for a disability at any point, let us know by calling +1 888 404 2494, option one.

Disclaimer:

Oracle is an Equal Employment Opportunity Employer*. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.

* Which includes being a United States Affirmative Action Employer