Senior Manager, Deposit Forecasting & Portfolio Management - Tangerine

Tangerine Bank; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

Join a leading digital bank that empowers its employees and values innovation! As a Senior Manager in Deposit Forecasting & Portfolio Management, you will play a pivotal role in optimizing deposit pricing and driving strategic initiatives. Collaborate with cross-functional teams to enhance customer acquisition and retention, while leveraging advanced analytics to inform key business decisions. This role offers a dynamic environment where your contributions will shape the future of banking in Canada. If you thrive in fast-paced settings and are passionate about making a difference, this opportunity is perfect for you.

Benefits

Flexible workspace

Access to online courses

Diversity and inclusion initiatives

Wellbeing benefits

Casual dress code

Recognition programs

Qualifications

• 5-8 years of product management experience required.
• Strong analytical skills with experience in advanced analytics tools.

Responsibilities

• Drive portfolio optimization & pricing analytics for deposits.
• Lead business cases with market sizing and scenario analyses.

Skills

Quantitative Analysis

Qualitative Analysis

Strategic Thinking

Communication Skills

Adaptability

Education

University Degree in Mathematics

University Degree in Statistics

Tools

R

SAS

SQL

MS Excel

GCP/Big Query

Job description

Requisition ID: 214871

Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It’s important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.

As Canada’s leading digital bank, Tangerine technology is at the heart of everything we do. We have redefined what digital banking is, and we continue to evolve to tackle any opportunity and face every challenge through progressive technology and the power of collaboration.

Do you like new challenges? Are you ready to reach new heights in your career and become part of an established disruptor? If so, come join us and help redefine the Canadian banking landscape!

What you will be doing:

Reporting to the Director of Portfolio Analytics but working very closely with the VP Savings & Everyday Banking Solutions, the Senior Manager, Deposit Forecasting & Portfolio Management will be accountable for Deposits pricing optimization, forecasting, reporting & deep dive analytics. Additional products include Non-registered Savings, and Registered Savings. He/She will be responsible for delivering key P&L measurements of Tangerines deposit portfolio and help in the ideation & development of the key business initiatives.

The successful incumbent will support the development and implementation of deposit strategies on portfolio growth and engagement, pricing and client segmentation. The role also supports the evolution of deposits product and journey innovation, in addressing changing client needs and existing pain points, to bring-to-life client-centric value propositions.

Is this role right for you? In this role, you will:

1. Drive the focus on Portfolio Optimization & Pricing Analytics for the Tangerine Deposits portfolio in close collaboration with cross-functional teams to develop business decision modelling and strategic roadmaps for customer acquisition, growth, engagement and retention.
2. Lead and develop business cases with market sizing, scenario analyses, as well as strong partner-relationships in support of gaining organizational buy-in and the necessary resources to design and assess product development or innovations.
3. Work closely with the VP, Savings & Everyday Banking Solution to conduct portfolio deep-dives, product economics, and profitability valuation for Deposits, leveraging a variety of statistical techniques to drive strategic problem-solving and long-term recommendations for business growth, highlighting risks, opportunities to support action plans.
4. Design and upgrade approach to deposit forecasting, across personal, non-personal, term and fixed products, taking into consideration macro-economic variables and competitive dynamics.
5. Create forums and processes to review forecast outputs, and ensure cross-collaboration to improve visibility and enrich Team understanding of levers.
6. Create an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
7. Build a high performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vision/values/business strategy; and, managing succession and development planning for the team.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

1. University Degree in Mathematics or Statistics
2. 5-8 years of product management experience
3. Experience with advanced analytics tools (R, SAS, SQL etc.) along with MS Excel and access–including excel regression functions, VBA; experience with GCP/ Big query is a plus
4. Strong quantitative and qualitative analytical skills; excellent communicative ability to frame results of analyses
5. Ability to thrive in an ultra-fast paced environment; adaptable and flexible when responding to deadlines
6. Ability to synthesize complex information clearly and simply to a broad audience- excellent communication skills (verbal & written)
7. Strong business acumen and strategic thinking capacity; experience winning business case approval and following through to successful implementation
8. Thorough understanding of deposit product, key success factors and the regulatory environment surrounding them

What's in it for you?

You will be part of a diverse and inclusive team of Client-focused go-getters looking to learn from each other in an environment that celebrates and recognizes success!

You will have access to thousands of online and in person courses so you can shape your career growth with the support from diverse industry leaders.

You will get our help to save for your future and to invest in your total wellbeing through our Tangerine benefits.

You belong here, we are equal and uncomplicated. Bring your true self to work, dress codes don’t apply here.

You will enjoy workspace flexibility and all the excitement that comes from working at the official Bank of the Toronto Raptors.

At Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.