Deposit Balance & Rate Strategy Specialist

Truist; Charlotte (NC); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) plan

Paid vacation

Job summary

Truist Financial Corporation in the United States is seeking a strategic professional to execute and support data-driven deposit balance and rate strategy across wholesale liquidity products. You will partner with sales, finance, and liquidity teams to forecast deposits and communicate strategy.

The role requires a strong banking knowledge foundation, 5+ years of experience, and expertise in SQL/Tableau/Alteryx.

Qualifications

• Bachelor’s degree in Economics, Business, Finance or related field.
• Strong knowledge of banking, interest rate environment and money markets.
• 5 years of related work experience.
• Strong analytical skills and attention to detail.
• Strong communication and interpersonal skills.
• Proven ability to work well in fast-paced, team-oriented environment and adaptability.
• Proficiency in basic computer applications such as Microsoft Office.

Responsibilities

• Execute and support data-driven deposit strategy across Wholesale Banking deposits.
• Define deposit strategy considering deposits appetite, NII targets and balance sheet position.
• Conduct portfolio optimization reviews across liquidity products.
• Forecast deposit balances and rate payments with sales and liquidity partners.
• Develop and track results vs forecasts.
• Communicate deposit strategy with liquidity and sales teams.
• Analyze earnings and market offerings to inform leadership on Truist’s competitive position.

Skills

Analytical skills

Communication

Teamwork

Microsoft Office

Education

Bachelor’s degree in Economics/Business/Finance

Tools

SQL

Tableau

Alteryx

Job description

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won’t receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Responsible for the execution and delivery of deposit balance and rate strategy and the support of liquidity products and services.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Execute and support comprehensive data driven deposit strategy to manage Wholesale Banking deposits across all Liquidity products


2. Define an effective data driven deposit strategy by understanding the firm’s appetite for deposits, NII targets, balance sheet positioning, market context, and other external factors


3. Conduct portfolio optimization reviews across liquidity products


4. Partner with sales, finance and liquidity partners to develop accurate forecasts of deposit balances and rate paid


5. Develop and track results vs forecasts


6. Partner with liquidity and sales partners to communicate deposit strategy


7. Analyze competitive earnings and market offerings to provide insights to leadership regarding Truist’s competitive position


8. Adhere to and follow all applicable policies and procedures. Proactively **********?

Qualifications
Required Qualifications
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor’s degree in Economics, Business, Finance or related field


2. Strong knowledge of banking, interest rate environment, and money markets


3. 5 years of related work experience


4. Strong analytical skills and attention to detail


5. Strong communication and interpersonal skills


6. Proven ability to work well in fast-paced, team-oriented environment and ability to adapt


7. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Preferred Qualifications

1. MBA/CTP


2. Experience with SQL, Tableau, Alteryx

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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