Director of Deposit Product Management & Strategy

NBT Bank•Norwich, NY

1d•Onsite

About The Position

Responsible for leading the development, management and strategic growth of deposit products and services on innovation, pricing, and growth objectives. Develops and implements competitive pricing strategies for products and services including interest rates and placement. Directs, plans, coordinates, and conducts activities related to the analysis of the bank’s market areas, customer base and the maintenance and development of its deposit product mix. Oversees the revenue of non-interest income strategies and performs research to support multiple lines of business and strategic initiatives.

Requirements

Bachelor’s degree in finance, marketing or related field, or equivalent education and experience.
Minimum of 10 years’ experience in strategic research and analysis, product development - including pricing and marketing, market intelligence and analytics, including experience in database management.
Proven track record of being a strategic thinker with the ability to formulate compelling vision and strategy and translate that to actionable roadmaps and results
In-depth knowledge of bank core systems, including functionality, integrations, and operations workflows.
Strong management and leadership skills
Strong project management and organizational skills
Strong communication and interpersonal skills
Ability to influence others
Travel less than 50%
Driver's License required
Reliable transportation required
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.

Nice To Haves

Certified Financial Marketing Professional (CFMP) from the Institute of Certified Bankers (ICB) strongly preferred.

Responsibilities

Lead the management of strategic initiatives across multiple lines of business as a trusted advisor based on analysis of existing processes and competitive research.
Monitor and evaluate the current product suite profitability, client satisfaction and delivery of product documentation.
Collaborates with key stakeholders to drive cross business/group coordination and logistical support for deposit growth and implementation of initiatives.
Manages and recommends competitive pricing strategies for products, services, and interest rates to increase sales and profits.
Includes development of new and innovative products and services strategies for multiple business lines across the bank.
Oversee the revenue of non-interest income strategies related to product sales and services and performs research to support multiple lines of business and strategic initiatives.
Train, mentor, develop and oversee assigned staff.
Other duties as assigned.

Benefits

Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.
Parental Leave: Six weeks of paid leave at 100% of your salary.
Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
Dental and Vision Coverage: Ensuring your overall health and well-being.
Flexible Spending Accounts: For healthcare and dependent care expenses.
Employer-Paid Disability Coverage: Both short-term and long-term, with an option to purchase additional long-term coverage.
Life Insurance: Employer-paid basic life insurance, with an option to purchase supplemental coverage.
Voluntary Benefits: Including hospital, accident, and critical illness coverage.
Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
Adoption Assistance: Supporting your growing family.
Tuition Reimbursement: Invest in your education and career growth.
Employee Assistance Program (EAP): Access to support and resources.
Pet Insurance: For all your furry friends.
Financial and Banking Services: Various banking services benefits and financial planning assistance.
Paid Sick and Safe Leave: For your health and safety.