Truist
Deposit Balance & Rate Strategy Specialist I
Truist, Charlotte, North Carolina, United States, 28245
Deposit Balance & Rate Strategy Specialist I
Apply for the Deposit Balance & Rate Strategy Specialist I role at Truist.
Position Description: The responsibilities and duties for this role include:
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 escalates issues and risks to leadership's attention
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 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 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.
EEO Statement 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.
Seniority level
Not Applicable
Employment type
Full‑time
Job function
Other
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Position Description: The responsibilities and duties for this role include:
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 escalates issues and risks to leadership's attention
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 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 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.
EEO Statement 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.
Seniority level
Not Applicable
Employment type
Full‑time
Job function
Other
#J-18808-Ljbffr