Deposit Balance & Rate Strategy Specialist

About the role

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

Responsibilities

• Execute and support comprehensive data driven deposit strategy to manage Wholesale Banking deposits across all Liquidity products
• 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
• Conduct portfolio optimization reviews across liquidity products
• Partner with sales, finance and liquidity partners to develop accurate forecasts of deposit balances and rate paid
• Develop and track results vs forecasts
• Partner with liquidity and sales partners to communicate deposit strategy
• Analyze competitive earnings and market offerings to provide insights to leadership regarding Truist’s competitive position
• Adhere to and follow all applicable policies and procedures
• Proactively escalate issues and risks to leadership's attention

Requirements

• 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 ability to adapt
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Preferred Qualifications

• MBA/CTP
• Experience with SQL, Tableau, Alteryx

Benefits

• Medical, dental, vision, life insurance, disability, accidental death and dismemberment
• Tax-preferred savings accounts and a 401k plan
• No less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during the first year of employment
• 10 sick days (prorated)
• Paid holidays

Schedule

1st shift (United States of America)