Deposit Product Analyst

Truist; Atlanta (GA); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k plan

Paid vacation

Paid holidays

Sick days

Disability insurance

Job summary

Truist is seeking a Deposit Product Analyst to develop reporting, analyze deposits and debit products, and drive growth. You will execute product development initiatives, measure performance, and partner with marketing to improve client acquisition and retention.

The role requires in-office presence five days a week in Charlotte or Atlanta, collaboration across many disciplines, and strong analytics to guide strategic decisions and risk management.

Qualifications

• Bachelor’s degree in a business-related major or equivalent education and training.
• 2–4 years of banking/financial services experience with analytics, project/product management.
• Strong partnership-building and collaboration skills.

Responsibilities

• Develop reporting and monitor performance for sales, growth, and revenue.
• Apply SME knowledge to deposit and debit products.
• Lead product development initiatives, document requirements, and measure results.
• Support marketing and campaigns to drive client acquisition and retention.
• Collaborate with leaders and teams to resolve issues and create training documents.
• Build relationships with Marketing, Legal, Risk, Compliance, Operations, Analytics, IT.
• Work in cross-functional teams to achieve strategic outcomes.
• Partner with analytics teams to study client behavior and needs.
• Research competitor products and industry benchmarks.

Skills

Analytical thinking

Cross-functional collaboration

Stakeholder management

Communication

Multi-tasking

Strategic analytics

Teamwork

Education

Bachelor’s degree in business

Tools

Microsoft Office

Job description

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 office centric role and is required to be in the office five days per week in Charlotte or Atlanta.

The Deposit Product Analyst is responsible for developing solutions for deposit or debit products that increase revenue, increase efficiency, reduce risk and / or create strategic advantage for Truist. The role gathers business insights and provides analysis, validation, and proposes recommendations. Additionally, this role is responsible for working on strategic initiatives and critical day to day activities to implement recommendations across all aspects of deposit product management. The role will conduct competitive benchmarking performance monitoring. This role will interface broadly with the organization, so teamwork and organizational skills are critical.

Job Description

• 1. Develop reporting and monitor performance related to sales production, balance growth, client acquisition, client retention, net interest income, fee revenue and overall revenue
• 2. Develop and apply subject-matter expertise related to deposit and debit products.
• 3. Execute product development initiatives and other projects by analyzing business and user needs, documenting requirements, measuring performance, and interpreting results to drive profitable growth, operational soundness, or regulatory compliance.
• 4. Partner in the execution of marketing, promotional and sales campaigns to drive client acquisition, deepening and retention for deposits and debit products.
• 5. 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.
• 6. Build strong working relationships with key partners (Marketing, Legal, Risk, Compliance, Distribution, Servicing, Operations, Analytics, Technology, etc.).
• 7. Work effectively as a part of cross-functional teams to drive successful strategic outcomes.
• 8. Partner with analytics teams to conduct analysis around client behavior and needs.
• 9. Perform research into competitor products.

QUALIFICATIONS

Required Qualifications:

• 1. Bachelor’s degree in a business-related major with a strong academic record, or equivalent education and related training
• 2. Two to four years of work experience within Banking -or Financial Services, with a focus on business analytics, project management or product management.
• 3. Strong partnership-building and collaboration skills.
• 4. Strong analytical skills - ability to generate recommendations based on analytics.
• 5. Demonstrated success working within cross-functional teams without formal authority
• 6. Excellent written and verbal communication skills. Ability to clearly convey insights and conclusions to peers and managers.
• 7. Ability to successfully handle multiple priorities based on senior management direction
• 8. Ability to initiate strategic analytics, work independently and as a member of a team, and quickly adapt to new responsibilities
• 9. Demonstrated ability to follow risk management guidelines and procedures and to identify and elevate risks.
• 10. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• 11. Ability to travel, occasionally overnight

Preferred Qualifications:

• 1. At least two years of experience in consumer or small business deposits, debit card, or payments.
• 2. Understanding and experience on client interaction and client management
• 3. Experience working with data analytics partners.

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.

EEO is the Law E-Verify IER Right to Work

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).