Deposits Portfolio Manager
Deposits Portfolio Manager
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 80000 - 130000
1 Vacancy
Job Description
About Us
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be Americas Small Business Bank. Our products help customers buy build and expand their business and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined and we seek those who embody and embrace what it takes to empower the American dream.
How This Role Impacts Live Oak and its People
The Deposits Portfolio Manager plays a critical role as part of the Deposit and Operations line of business for managing our portfolio and its financial role requires a strong analytics background financial acumen and a desire to leverage business knowledge and data to evaluate performance. The Portfolio Manager will work closely with Analytics Finance and Treasury to create reports develop forecasts manage P&Ls and define performance measurement. Important to this role is a creative approach to complex analyses.
What Youll Do at Live Oak
Work with the Deposits Organization to ensure the proper budget is in place and the department is on track from a budgeting perspective
Work with Finance Treasury and Data Analytics to support funds transfer pricing liquidity / balance sheet management customer relationship pricing and deposit portfolio performance
Drive strategic funding decisioning by aiding the Treasury team in analyzing the Banks funding behaviors and determining deposit pricing strategies to generate the optimal requirements needed to fund the Bank
Conduct competitive analysis of market conditions; discover new opportunities for business
Monitor the deposit portfolio for deviations from projected strategy and volume and make recommendations for remediation
How Youll Do It
Help prioritize our departmental focus on making informed decisions and measuring outcomes
Work with Marketing to develop outbound customer acquisition and/or engagement campaigns
Track deposits portfolio costs across marketing deposit expenses technology and personnel
Collaborate with Treasury and Finance on different pricing analysis and strategies to provide deposit pricing analysis and recommendations to management as well as prepare materials and participate in the Banks ALCO discussions
Remain informed about current market conditions routinely conduct competitive analysis to maintain the competitiveness of our deposit services and recommend to the team new opportunities for business
Oversee the deposit products costs and analyze the best way to grow the deposit portfolio with the lowest COF
Determine the data necessary to manage the deposits business and continue to enhance our data and reports with the data team
Monitor the deposits portfolio performance and use metrics and data visualization effectively to report portfolio performance and support decision-making at the team or organizational level
Analyze key performance indicators to produce reports on portfolio and projects and escalate issues that create a risk for the deposits portfolio and/or projects
Required and Preferred Experience
5 years of experience in financial services with a focus on finance analytics and/or portfolio management preferred
Experience performing financial analysis building forecasts and business models sales and marketing analysis use of performance management databases and/or developing customer insights
The ability to synthesize various disparate pieces of information to develop appropriate reports analyses and information that will support executive decision-making
Strong partnership skills and the ability to work collaboratively across various groups in the organization
Bachelors degree and an advanced degree strongly preferred
Financial analytics and/or deposit portfolio management experience strongly preferred
Our Values
Dedication:Possess a deep commitment to Live Oak Banks mission and core values exemplified through a strong work ethic adaptability and pride in your work.
Ownership:Take initiative to deliver positive results by proactively and creatively solving problems while maintaining a high degree of quality.
Respect:Treat everyone courtesy politeness and kindness.
Innovation:Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
Teamwork: Foster collaboration accountability and trust with others and understand that together we do more
For a detailed overview of our employee benefits please visit: Oak Bank is an Affirmative Action and Equal Opportunity Employer Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race color religion sex sexual orientation gender identity national origin age genetic information veteran status or disability. Equal access to programs service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at.
Commitment to Diversity
Live Oak Bank is committed to creating and maintaining a workplace in which all employees have an opportunity to participate and contribute to the success of the business and are valued for their skills experience and unique perspectives. This commitment is embodied in company policy and the way we do business at Live Oak Bank and is an important principle of sound business management.
Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave including but not limited to Arizona California Colorado District of Columbia Maine Maryland Massachusetts Michigan Nevada New Jersey New Mexico New York Oregon Rhode Island Vermont and Washington.
Required Experience:
Manager
Employment Type
Full-Time
