Deposit Pricing Strategy Lead

Truist Bank

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profile Job Location:

Atlanta, GA - USA

profile Monthly Salary: Not Disclosed
Posted on: 4 hours ago
Vacancies: 1 Vacancy

Job Summary

The position is described below. If you want to apply click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application youll be invited to create a profile which will let you see your application status and any communications. If you already have a profile with us you can log in to check status.

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

This role is required to sit in one of the locations listed on the requisition. This will be an in office role.

This role is responsible for supporting development and deployment of strategic initiatives to drive profitable growth of the $215B Consumer and Small Business (CSBB) Deposit portfolio. This job requires complex analytical skills as well as strong inter-personal skills to collaborate closely with key partners in distribution channels Finance Marketing Treasury Legal Risk and Compliance. This position may manage a team of analysts to support the work. Expertise in deposits systems pricing analytics and risk management is critical to this role.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.
new account new client new money production rate paid and balance growth targets across all CSBB deposit products and channels through deep understanding of product channel and client segment strategies pricing and execution models.
strategies and execution plans to grow share of wallet in key client segments through digital branch call center engagement and work with marketing to develop a holistic client outreach strategy via direct mail email digital offers and outbound calling.
incentive design production goals financial plan and forecasting across all CSBB deposit products.
manage deposit rate paid to achieve Bank objectives and optimize the trade-off between deposit balance growth and profitability using expertise in deposit price optimization techniques. Develop deposit preference framework to minimize effective funding costs. Develop pricing test strategies and work with product teams to evaluate new strategies and evaluate performance.
collect and synthesize competitive information from financial statements industry sources subscriptions and the media to drive business performance.
Management responsibilities including researching and sourcing vendor relationships and ensuring vendors meets or exceeds the third-party risk management (TPRM) standards.
executive level business reviews and strategic planning presentations.
with various partners to develop and present training and communications for new initiatives or product launches to leadership across all client engagement channels.
business case development for key initiatives.
lead a team of Analysts to support the work of this function.

QUALIFICATIONS
Required Qualifications:

The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


knowledge of regulatory banking standards that impact deposit products.
Degree or equivalent education and related training or experience.
3.8 years in Banking or Financial Services experience including 4 years of decision science/analytics experience with a diverse project focus and demonstrated results in a fast-paced environment.
to solve complex issues taking into account technology client teammate and financial impact.
and escalates issues or critical information quickly.
proficient in Microsoft Office (specifically PowerPoint and Excel) and SAS or other data/analysis platforms.
analytical and problem-solving skills including direct experience with statistical modeling of deposits price optimization techniques financial modeling and analysis.


Preferred Qualifications:
1. Masters degree or higher in business finance economics or related quantitative field.
2. Ability to form strong partnerships with key stakeholders.
3. Adaptable and willing to take on multiple projects and manage them strategically under strict timelines.
4. Demonstrated ability to lead a team or large projects.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment tax-preferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.

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The position is described below. If you want to apply click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application youll be invited to create a profile which will let you see your application status and any communications. If you already have ...
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