Director, Deposits

Wintrust•Rosemont, IL

5d•$169,000 - $228,000•Onsite

About The Position

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.” Why join us? An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 8 years) and Employee Recommended award by the Globe & Mail (past 6 years) Competitive pay and discretionary or incentive bonus eligible Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few Promote from within culture Why join this team? Exposure to domestic and international business challenges Opportunity to work with a wide variety of businesses partners Opportunity to have an impact at all levels of Wintrust’s business lines We hold ourselves accountable to high standards, share wins, operate ethically, and have fun What you’ll do: The Director of Deposits is responsible for leading the strategy, development, and management of the bank’s deposit products and strategies across primary retail and commercial lines of business and niche products such as HSA, IRA and wealth. This role ensures that deposit products are competitive, compliant, and aligned with client needs, while supporting the bank’s balance sheet and profitability objectives. The Director will oversee product strategy, innovation, pricing, and client experience across a range of deposit and liquidity management solutions.

Requirements

10 plus years hands on experience with bank deposit product management and product development.
Experience leading cross-functional teams.
Experience with regulatory and risk management requirements.
Advanced Analytical and Reporting Skills
Ability to lead complex projects.
Bachelor’s degree or equivalent experience
Advanced Computer Skills

Responsibilities

Strategy & Leadership Develop and execute the deposit product strategy across all banking clients.
Provide leadership on liquidity management trends, deposit pricing strategies, and competitive positioning.
Lead cross-functional teams (product, sales, finance, operations) to deliver market-leading deposit solutions.
Product Development & Management Oversee the lifecycle of all deposit products, including demand deposit accounts, interest-bearing accounts, sweep and reciprocal services, earnings credit rates, and liquidity management tools.
Manage pricing strategies, profitability analysis, and product performance.
Partner with technology and operations teams to deliver scalable, efficient, and compliant platforms.
Client Experience & Growth Ensure deposit products meet the evolving needs of all banking clients.
Collaborate with retail, commercial, wealth and treasury sales and relationship managers to deliver tailored deposit solutions.
Support client onboarding, training, and adoption of deposit and liquidity products.
Risk, Compliance & Operations Ensure all deposit products comply with applicable regulatory and risk management requirements.
Monitor market, liquidity, and interest rate risks that impact deposit strategies.
Maintain strong controls over product governance and operational processes.
Performance & Analytics Establish KPIs and metrics for deposit growth, product profitability, and client utilization.
Analyze deposit portfolio performance to recommend adjustments in pricing, features, or strategy.
Provide regular reporting and strategic insights to senior leadership.