Deposit Product Analyst

Truist•Atlanta, GA

3d•Onsite

About The Position

The Deposit Product Analyst develops solutions for deposit or debit products to increase revenue and efficiency, reduce risk, and create strategic advantage for Truist. The role gathers business insights; performs analysis and validation; and proposes recommendations. It also supports strategic initiatives and critical day-to-day activities to implement recommendations across deposit product management, conducts competitive benchmarking, and monitors performance. The role interfaces broadly across the organization, making teamwork and organizational skills important. This is an office-centric position required to be in the office five days per week in Charlotte or Atlanta. The work shift is 1st shift (United States of America).

Requirements

Bachelor’s degree in a business-related major with a strong academic record, or equivalent education and related training.
Two to four years of work experience in banking or financial services, focused on business analytics, project management, or product management.
Strong partnership-building and collaboration skills.
Strong analytical skills, including the ability to generate recommendations based on analytics.
Demonstrated success working within cross-functional teams without formal authority.
Excellent written and verbal communication skills, including the ability to clearly convey insights and conclusions to peers and managers.
Ability to handle multiple priorities based on senior management direction.
Ability to initiate strategic analytics, work independently and as a team member, and quickly adapt to new responsibilities.
Demonstrated ability to follow risk management guidelines and procedures and to identify and escalate risks.
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
Ability to travel, occasionally overnight.

Nice To Haves

At least two years of experience in consumer or small business deposits, debit card, or payments.
Understanding and experience with client interaction and client management.
Experience working with data analytics partners.

Responsibilities

Develop reporting and monitor performance related to sales production, balance growth, client acquisition and retention, net interest income, fee revenue, and overall revenue.
Develop and apply subject-matter expertise related to deposit and debit products.
Execute product development initiatives and other projects by analyzing business and user needs, documenting requirements, measuring performance, and interpreting results to drive profitable growth, operational soundness, or regulatory compliance.
Partner in executing marketing, promotional, and sales campaigns to drive client acquisition, deepening, and retention for deposit and debit products.
Work with Channel Leaders, Complaints partners, and Enablement teams to research and resolve client issues, and create product and process documents to assist teammate training.
Build strong working relationships with key partners, including Marketing, Legal, Risk, Compliance, Distribution, Servicing, Operations, Analytics, and Technology.
Work effectively as part of cross-functional teams to drive successful strategic outcomes.
Partner with analytics teams to analyze client behavior and needs.
Research competitor products.

Benefits

Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Accidental death and dismemberment coverage
Tax-preferred savings accounts
401k plan
At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
10 sick days, prorated
Paid holidays
Depending on the position and division, eligibility for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan