Deposits Portfolio Analyst

Newtek One

4d•$90,000 - $120,000

About The Position

NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses, and reduce their risk. Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions. Newtek Bank is looking to add a Deposits Portfolio Analyst to its team. The Deposits Portfolio Analyst plays a critical role in managing and optimizing the performance of our digital bank's deposit portfolio. This position is responsible for conducting in-depth financial analysis, identifying portfolio trends, and supporting strategic decision-making across the organization. The ideal candidate is analytically driven, highly collaborative, and committed to advancing business goals.

Requirements

Strong analytical background with proficiency in financial modeling, data analysis, and performance reporting.
Ability to simplify complex analyses and communicate insights clearly.
A creative, problem-solving mindset with attention to detail.
Commitment to customer and employee well-being in all decision-making processes
Bachelor's degree in Business, Finance or a related field.

Nice To Haves

Experience working with cross-functional teams in a banking or fintech environment (preferred).

Responsibilities

Portfolio Analysis & Reporting
Partner with data engineering to establish data needs, reporting framework, and data attributes.
Create, analyze, and maintain recurring and ad-hoc reports to evaluate deposit portfolio performance.
Assess financial performance metrics, customer behavior, and key drivers impacting deposit levels.
Provide actionable insights and recommendations to support strategic deposit initiatives.
Trend Evaluation & Insights
Analyze market and customer deposit trends to identify opportunities and risks.
Collaborate with internal teams to interpret trends and develop insights that guide pricing, product design, and customer strategies.
Cross-Functional Collaboration
Partner closely with Data Engineering, Finance, Treasury, Operations, and other stakeholders to develop accurate forecasts and define performance measurement frameworks.
Support enterprise-wide deposit strategy development through clear, data-driven insights.
Portfolio & Financial Performance Management
Monitor and manage the overall financial performance of the deposit portfolio, ensuring alignment with business goals and regulatory requirements.
Apply strong analytical and financial skills to assess profitability, cost of funds, and portfolio optimization opportunities.
Liquidity & Funding Support
Prepare reports for ALCO
Perform pricing and competitor analysis
Work directly with the Treasury team to support liquidity management initiatives.
Provide analysis to determine when brokered funding or other liquidity sources may be needed.