Deposit Balance & Rate Strategy Specialist I

Truist Bank • Charlotte, NC

1d

About The Position

Responsible for the execution and delivery of deposit balance and rate strategy and the support of liquidity products and services.

Requirements

• Bachelor’s degree in economics, Business, Finance or related field
• Strong knowledge of banking, interest rate environment, and money markets
• 5 years of related work experience
• Strong analytical skills and attention to detail
• Strong communication and interpersonal skills
• Proven ability to work well in fast-paced, team-oriented environment and ability to adapt
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Nice To Haves

• MBA/CTP
• Experience with SQL, Tableau, Alteryx

Responsibilities

• Execute and support comprehensive data driven deposit strategy to manage Wholesale Banking deposits across all Liquidity products
• Define an effective data driven deposit strategy by understanding the firm’s appetite for deposits, NII targets, balance sheet positioning, market context, and other external factors
• Conduct portfolio optimization reviews across liquidity products
• Partner with sales, finance and liquidity partners to develop accurate forecasts of deposit balances and rate paid
• Develop and track results vs forecasts
• Partner with liquidity and sales partners to communicate deposit strategy
• Analyze competitive earnings and market offerings to provide insights to leadership regarding Truist’s competitive position
• Adhere to and follow all applicable policies and procedures. Proactively escalate issues and risks to leadership's attention

Benefits

• 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 position.
• Truist 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.
• Depending on the position and division, this job may also be eligible for Truist’s 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees