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Senior Director, Strategic Pricing

Create Your Better Tomorrow

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Location
Rosemont, Illinois, United States, United States of America
Workplace
Hybrid
Type
Full-time
Seniority
Director
Education
Master
Source
Workday

Description

Work Model: You’ll work in a hybrid model, onsite at your designated Regal Rexnord location at least 3 days per week (Monday–Thursday), with flexibility to work remotely up to 2 days, including Friday.

____________________


About Regal Rexnord 

At Regal Rexnord, we create a better tomorrow by powering, transmitting, and controlling motion. With trusted brands, industry-leading technologies, and a strong culture rooted in Continuous Improvement, we help customers around the world solve complex challenges across industrial, commercial, and residential applications. 

We are seeking a strategic, results-oriented leader to establish and lead our enterprise Strategic Pricing function. 

 

Senior Director, Strategic Pricing 

 

Scope of Role 

The Senior Director, Strategic Pricing will lead the development and execution of Regal Rexnord's enterprise pricing strategy, governance framework, analytics capabilities, and technology roadmap. This role will be responsible for building a world-class pricing capability that drives profitable growth, improves price realization, reduces discount leakage, and expands margins across the enterprise. 

This leader will partner closely with executive leadership, business units, sales, finance, product management, and digital teams to develop scalable pricing processes, deploy best practices, and build sustainable organizational capability. The role will serve as a trusted advisor on pricing strategy and commercial excellence initiatives that influence enterprise performance.  

 

Major Responsibilities 

 

Enterprise Pricing Strategy & Governance 

  • Establish and deploy Regal Rexnord's enterprise pricing philosophy, policies, and governance framework. 
  • Define pricing decision rights, approval authorities, and escalation processes. 
  • Develop standards for list pricing, discount management, rebates, special pricing agreements, and surcharge programs. 
  • Ensure consistent pricing practices while enabling commercial flexibility across business units.  

 

Pricing Center of Excellence 

  • Establish and lead an enterprise Pricing Center of Excellence (CoE). 
  • Develop pricing standards, methodologies, tools, and operating procedures. 
  • Create pricing playbooks, training programs, and capability-building initiatives. 
  • Drive adoption of pricing best practices across the organization.  

 

Pricing Analytics & Insights 

  • Lead enterprise pricing analytics to identify revenue and margin improvement opportunities. 
  • Develop insights through price waterfall analysis, pocket margin analysis, customer profitability assessments, and pricing elasticity studies. 
  • Evaluate competitive pricing intelligence and win/loss trends. 
  • Quantify enterprise pricing opportunities and support strategic decision-making with data-driven recommendations.  

 

Pricing Methodology & Commercial Excellence 

  • Develop and deploy enterprise pricing methodologies, including value-based, market-based, and cost-based pricing approaches. 
  • Establish pricing guardrails, quoting standards, and approval frameworks. 
  • Lead annual pricing review processes and governance routines. 
  • Drive continuous improvement in pricing performance and execution.  

 

Digital & Technology Enablement 

  • Partner with IT and Digital teams to define pricing systems, master data requirements, and analytics capabilities. 
  • Support implementation and optimization of pricing software, CPQ solutions, and advanced analytics tools. 
  • Identify opportunities to leverage AI and machine learning to improve quote guidance, deal scoring, pricing recommendations, and commercial decision-making. 
  • Establish governance and performance monitoring processes for pricing models and technology solutions.  

 

Executive Partnership & Change Leadership 

  • Serve as a strategic advisor to executive leadership, including Segment Presidents, General Managers, Commercial Leaders, and Finance Leaders. 
  • Lead enterprise pricing transformation initiatives and change management efforts. 
  • Influence strategic decisions related to growth, inflation recovery, market positioning, and profit expansion. 
  • Build organizational alignment and capability to sustain pricing excellence across the enterprise.  

 

 

Required Qualifications 

  • Bachelor's degree in Business, Finance, Economics, Marketing, Engineering, Analytics, or related discipline. 
  • 10+ years of progressive experience in pricing, revenue management, commercial excellence, strategic analytics, management consulting, or related fields. 
  • Demonstrated success leading enterprise-wide initiatives with measurable financial results. 
  • Experience influencing senior executives and partnering across multiple functional areas. 
  • Strong analytical, strategic thinking, and problem-solving skills. 
  • Exceptional communication, presentation, and stakeholder management capabilities. 
  • Proven ability to lead organizational change and business transformation efforts.  

 

Preferred Qualifications 

  • MBA or other advanced degree. 
  • Experience within industrial manufacturing, engineered products, distribution, or multi-business enterprises. 
  • Experience building or leading a Pricing Center of Excellence. 
  • Deep expertise in pricing strategy, segmentation, pricing realization, elasticity analysis, and commercial analytics. 
  • Experience implementing pricing technology platforms, CPQ solutions, advanced analytics tools, or AI-enabled commercial capabilities. 
  • Demonstrated success leading enterprise transformation programs.  

 

Leadership Competencies 

  • Strategic Mindset 
  • Drives Results 
  • Enterprise Collaboration 
  • Financial Acumen 
  • Customer Focus 
  • Change Leadership 
  • Talent Development 
  • Continuous Improvement 
  • Executive Influence 

 

What Success Looks Like 

Success in this role will be measured by: 

  • Improved enterprise price realization. 
  • Reduction in discount leakage. 
  • Sustainable margin expansion. 
  • Increased adoption of pricing governance and standards. 
  • Enhanced pricing capabilities across business units. 
  • Development of scalable pricing processes, analytics, and technology solutions. 
  • Faster and more effective pricing decision-making throughout the organization.  

 

Regal Rexnord is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all associates. Employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other protected status under applicable law. 


 

Benefits

  • Medical, Dental, Vision and Prescription Drug Coverage
  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
  • Paid Time Off and Holidays
  • 401k Retirement Plan with Matching Employer Contributions
  • Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Paid Leaves
  • Tuition Assistance


About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.


The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.


Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.


Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills.  If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email [email protected]. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail [email protected].


Equal Employment Opportunity Posters


Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.

Skills

Machine LearningChange Management

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