Overview
This role involves leveraging advanced analytics and strategic insights to support deposit growth and product performance objectives within a financial institution. The Senior Deposit Analyst works closely with senior management to evaluate financial and operational performance, ensure regulatory compliance, and lead initiatives that improve product strategy, sales reporting, and operational efficiency. Flexible work options, including remote setups, are available.
Responsibilities
- Lead complex analyses using internal performance data, member behavior patterns, competitive pricing, and market funding trends to identify risks, opportunities, and strategic implications.
- Organize and interpret deposit-related data to produce actionable reports and respond to leadership inquiries.
- Create scalable reporting tools for Retail, Business Banking, and affiliated financial groups to provide timely performance visibility.
- Synthesize analysis into actionable insights and present findings clearly to senior leadership and cross-functional partners.
- Serve as a subject-matter expert on deposit analytics, ensuring data methodologies are robust, accurate, and repeatable.
- Partner with senior management to shape deposit product strategy through advanced modeling, profitability analysis, scenario forecasting, and risk evaluation.
- Provide recommendations to optimize product performance, enhance member experience, and drive measurable growth across business lines.
- Conduct advanced analysis on product or program changes, including financial modeling, risk assessments, and member impact evaluations.
- Monitor product compliance with regulatory requirements, internal policies, and industry standards; escalate issues and recommend corrective actions as needed.
- Support internal and external audits, regulatory reviews, and risk assessments related to deposit products and processes.
- Consult with Marketing and Sales teams on deposit campaigns, providing data-driven insights to shape targeting, messaging, and expected outcomes.
- Develop performance measurement frameworks for incentive programs, promotions, and marketing initiatives; recommend enhancements based on analytical trends and results.
- Create product education materials, reporting tools, and guidance to enhance frontline understanding and improve product positioning.
- Lead or co-lead strategic projects related to deposit growth, operational improvements, sales reporting, and product innovation.
- Represent the Deposit Products team in strategic discussions, presenting analysis, recommendations, and business implications.
Requirements
- Bachelor's Degree preferred in Finance, Economics, Business Administration, Data Analytics, or a related field.
- Minimum of 7 years of experience in financial services, banking, or a related field, focusing on deposit products, financial analysis, or product management.
- Demonstrated experience with financial modeling/scenario evaluation, banking regulations, audit processes, risk management practices, project management, and presenting to senior leaders.
- Proficiency in Microsoft Excel (advanced spreadsheet analysis), PowerPoint, Word, Teams, and Outlook.
Compensation & Benefits
- Estimated salary range: $35.92 to $43.11 per hour.
- Comprehensive benefits package including medical, dental, and vision coverage.
- Life and disability insurance.
- Voluntary benefit programs.
- 401(k) plan with employer match.
- Reimbursement and wellness programs.
- Annual performance-based bonus.
- Additional employee support programs such as tuition and fitness reimbursement, flexible work options, volunteer opportunities, social events, and more.
Location
Flexible work options available, including remote setups.