Job Description

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A"rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group's entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.
Overview of the role
We are seeking a highly skilled and dynamic Head of Pricing with financial services and banking/automotive finance products background, to lead our pricing strategy within the automotive financial services sector, focusing on lending & leasing activities. This role requires a forward-thinking individual with expertise in model development and AI solutions to drive innovative pricing strategies and optimize profitability.
What you will do

• Development and Implement Pricing Strategies: Lead the finance methodology development and execution of pricing strategies developed by the business for lending and leasing products, ensuring competitiveness and profitability.
• Identify and utilize data science (MS Azure, ML Studio, R, Phyton) and data engineering (Alteryz, SQL) to improve efficiencies, improve cost and increase profit margins.
• Design and deliver the next generation of transformative analytics and artificial intelligence technological solutions to address key business challenges and opportunities.
• Utilize advanced statistical and econometric models to forecast demand, assess market conditions, and set optimal pricing levels.
• Interpret outputs of statistical models and results; translate input from quantitative analyses into specific and actionable business recommendations contributing to a competitive advantage.
• Implement AI and machine learning algorithms to enhance pricing accuracy, identify trends, and automate pricing processes.
• Work closely with sales, marketing, finance, and operations teams to align pricing strategies with business objectives.
• Continuously monitor pricing performance, analyze key metrics, and make data-driven adjustments to optimize results.
• Ensure all pricing practices comply with relevant regulations and industry standards.
• Work with Business Units to develop and implement new and more effective pricing techniques, technologies and processes to increase revenue and customer loyalty.
• Create tactical analysis and market competitor intelligence to enable business heads to make to inform strategic decision-making.
• Conduct thorough market analysis to understand industry trends, customer behavior, and competitor pricing.
• Create and update comprehensive industry, competitor and customer models including, but not limited to, market share, growth projections and trends, and market forces.
• Maintains up-to-date knowledge of data sources, evaluating their credibility and potential utility, and leverages them across the company where appropriate.
• Translate data into executable and effective market and intelligence reports focused on standardizing, automating, delivering tools and processes and exploring emerging technologies that drive efficiency.
• Introducing process improvement, transformation, effective use of innovative technology and data & analytics, and leveraging alternative delivery solutions are key areas of focus to drive additional value.
• Provide consolidated and timely analysis harnessing multiple data sources to provide the business with an objective insight into current and future performance through regular and ad-hoc reporting through system automation