Business Manager, Retail Bank CD Strategy

Capital One • McLean, VA

6d • Onsite

About The Position

Business Manager, Retail Bank CD Strategy Join the team driving the future of the Retail Bank! As a Business Manager on the Certificate of Deposit (CD) Pricing & Product Strategy team, you’ll be responsible for leading our deposit growth and retention strategy for our high-balance, rate-savvy CD customers. You will collaborate with teams across the Bank—including Finance, Marketing and Product—to bring the CD pricing & product strategy to life through rigorous analysis, strategy refinement, and disciplined execution. You will also play a pivotal role in Bank profitability, customer experiences, and strategic product decisions to influence senior leaders and drive us towards our long-term goals.

Requirements

• At least 3 years of professional experience performing analysis
• Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date: A Bachelor's Degree in a quantitative field (Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer engineering, Software engineering, Mechanical engineering, Information Systems or a related quantitative field)
• A Master's Degree in a quantitative field (Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical engineering, Information Systems or a related quantitative field) or an MBA with a quantitative concentration

Nice To Haves

• Master’s Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering
• 5+ years of experience in analysis
• 2+ years of experience in financial services
• 1+ year of experience in consulting
• 2+ years of experience in people management

Responsibilities

• Develop and Execute a Product and Customer Experience Roadmap
• Strategic Product and Growth Planning: Develop a roadmap that defines our "future state" offerings and optimal growth / retention levers, informed by product and rate experimentation.
• Customer Experience Enhancements: Collaborate with Product and Marketing partners to identify, size, and prioritize customer experience enhancements and communications / offers for our CD customers.
• Further Customer Segmentation Efforts: Advance our understanding of CD customers through analytics and research to drive towards a future with more segmented product, pricing, and marketing strategies.
• Optimize our Pricing Strategy to Achieve our Growth and Profitability Goals
• Dynamic Pricing: Help lead the interest rate strategy for CD terms, taking into account competitor game theory and balancing our deposit growth needs with profitability targets.
• Trend Analysis: Monitor macro-economic trends, industry benchmarks, and competitor moves to proactively adjust our growth strategies and forecasts.
• Forecasting Enhancements: Analyze deposit flow and CD retention trends to collaborate with Data Science and Forecasting teams to refine and improve the accuracy of our predictive models.
• Strategic Partnerships: Lead high-impact collaborations across different lines of businesses and stakeholders including Finance, Product, Marketing, Forecasting, Corporate Strategy, and Legal/Compliance.

Benefits

• performance based incentive compensation
• cash bonus(es)
• long term incentives (LTI)
• comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level