Deposit Lifecycle Sr. Analyst

Truist; Atlanta (GA); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Benefits package

Paid time off

Sick days

Paid holidays

Job summary

Truist is seeking a Deposit Product Senior Analyst to lead end-to-end client journeys for consumer and small business deposits in an in-office Atlanta setting.

You will collaborate with multiple partners to drive strategy, product development, and lifecycle management, focusing on client experience, market share, and retention. Strong analytics, cross-functional teamwork, and risk awareness are essential for success.

Qualifications

• Bachelor’s degree in business or related training.
• 4+ years of work experience in Banking or Financial Services.
• Strong partnership-building and collaboration skills with proven ability to drive projects to completion.
• Strong analytical and creative problem solving skills with actionable insights from analytics.
• Demonstrated ability to work within cross-functional teams without formal authority.
• Excellent written and verbal communication skills; able to convey insights clearly.
• Ability to manage multiple priorities under senior management direction.
• Ability to work independently and as part of a team; proactive.
• Ability to follow risk management guidelines and elevate risks.
• Experience working with third party vendors and with data analytics partners.

Responsibilities

• Monitor deposit performance trends across sales production and client lifecycle metrics.
• Apply SME knowledge to projects related to deposits & debit products.
• Recommend new products and enhancements by analyzing business needs and results.
• Assist in marketing, promotional and sales campaigns to drive client acquisition and retention.
• Collaborate with Channel Leaders and Compliance to resolve client issues and create training materials.
• Build strong relationships with key partners and drive cross-functional outcomes.
• Partner with analytics teams to analyze client behavior and needs.
• Research competitor products and industry trends.

Skills

Partnership building

Analytical thinking

Cross-functional collaboration

Communication skills

Time management

Risk awareness

Education

Bachelor's degree in business

Tools

MS Office

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: This role is an in office role requiring working out of the locations listed on the requisition.

The CSBB Deposits team has management and P&L responsibility for a significant portfolio that generates a large share of revenue for the Truist enterprise, including net interest income and fee revenue. The team develops and drives deposit and debit product strategy, design, development, launch, execution, and ongoing management to meet financial and client objectives. The team works closely multiple business partners including Corporate Treasury, CSBB Strategy, Marketing, Sales Channels, Service Channels, Operations, and Technology, to support high-level execution. The team also works closely with Legal, Risk, and Compliance partners to ensure that all aspects of the business meet appropriate standards.

The Deposit Product Senior Analyst is responsible for working collaboratively to provide oversight of end-to-end client lifecycle of consumer and small business deposits, from acquisition to retention. Strategic planning, execution, and management of deposit-related initiatives to ensure client satisfaction and loyalty.

This role reviews overall performance of the Consumer Deposits portfolio including client experience and long-term growth including market share, wallet share and incremental segment identification. Cross-functional alignment towards the vision and strategy and drive successful outcomes. Develops solutions for deposit or debit products.

The role provides strategic leadership of the end-to-end client journey roadmap across multiple products, processes, segments and channels to enhance the client experience. Drive business process transformation to create long-term competitive advantage through a differentiated client experience. Broad, cross-functional strategic initiatives to improve consumer Deposits client acquisition and service model. Focus on process and experience enhancements to increase client engagement and our market position.

The role initiates analytical exploration and validation and provides Ideation, development, organization, planning, and execution of projects, programs, and initiatives with a focus on client-level programs. Design, create, and optimize critical performance and channel metrics for multiple high priority segments and leading priorities. Develop the critical performance indicators and partner with various groups to ensure clients have a seamless omnichannel experience interacting with their Deposit product.

Essential Duties And Responsibilities

• Monitor Deposit performance trends across sales production, balance growth, client acquisition, client retention, net interest income, fee revenue and overall revenue. Take initiative to identify improvement opportunities.
• Apply subject-matter expertise, industry knowledge, and technical understanding to projects related to deposits & debit products
• Recommend new products and product enhancements by analyzing business and client needs, documenting requirements, measuring performance, and interpreting results to drive profitable growth, operational soundness, or regulatory compliance. Lead product development initiatives and other projects.
• Assist in the design and execution of marketing, promotional and sales campaigns to drive client acquisition, deepening and retention for deposits and debit products.
• Work with Channel Leaders, Complaints partners, and Enablement teams to research and resolve client issues and create product and process documents to assist in teammate training.
• Build and maintain strong working relationships with key partners (Marketing, Legal, Risk, Compliance, Distribution, Servicing, Operations, Analytics, Technology, etc.). Partner with senior business leaders to work as a part of cross-functional teams to drive successful strategic outcomes.
• Partner with analytics teams to identify and conduct analysis around client behavior and needs.
• Perform research into competitor products and industry trends.

Qualifications

Required Qualifications

• Bachelor’s degree in a business-related major with a strong academic record, or equivalent education and related training
• 4+ years of work experience within Banking or Financial Services
• Strong partnership-building and collaboration skills with proven ability to drive projects to completion.
• Strong analytical and creative problem solving skills - ability to generate actionable insight and recommendations based on analytics.
• Demonstrated success working within cross-functional teams without formal authority
• Excellent written and verbal communication skills. Ability to clearly convey insights and conclusions to peers and managers.
• Ability to successfully handle multiple priorities based on senior management direction
• Ability to work independently and as a member of a team, and ability to take initiative and adapt to new responsibilities.
• Demonstrated ability to follow risk management guidelines and procedures and to identify and elevate risks.
• Ability to interact with third party vendors on ongoing monitoring and partnership activities.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Ability to travel, occasionally overnight

Preferred Qualifications

• 3+ years combined experience in consumer banking, small business banking, debit, or payments
• Previous experience working with partners in marketing, finance, acquisitions, product development and analytics.
• Understanding and experience on client interaction and client management. Experience working in a branch or client contact center.
• Experience in the Product Management lifecycle including idea generation, developing, implementing and managing products and services
• Experience working with data analytics partners.
• Project Management experience

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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