Deposit Balance & Rate Strategy Specialist

Truist • Charlotte, NC

1d • Onsite

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

• medical
• dental
• vision
• life insurance
• disability
• accidental death and dismemberment
• tax-preferred savings accounts
• 401k plan
• vacation
• sick days
• paid holidays
• defined benefit pension plan
• restricted stock units
• deferred compensation plan

What This Job Offers

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