What are the responsibilities and job description for the Manager, Consumer Bank Deposit Product Pricing & Performance Analytics position at Webster Bank?
If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
The Manager, Consumer Bank Deposit Product Pricing & Performance Analytics will work on creating analytics and documentation in support of Consumer Bank Pricing decisions. Specifically, this role will be involved in creating product analytics, conducting competitive rate research, documenting deposit performance to plan, providing ad hoc research analysis to aid the Business in meeting its goals, including generating recommendations and other inputs for review and decisioning as per the current governance and controls of Consumer Banking. Take ownership of the team’s daily operational duties, such as: assembling presentations, executing rate changes, maintaining pricing policies/procedures and BAU reporting in strict adherence to policies, procedures and controls.
Key Responsibilities For The Role
Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
The Manager, Consumer Bank Deposit Product Pricing & Performance Analytics will work on creating analytics and documentation in support of Consumer Bank Pricing decisions. Specifically, this role will be involved in creating product analytics, conducting competitive rate research, documenting deposit performance to plan, providing ad hoc research analysis to aid the Business in meeting its goals, including generating recommendations and other inputs for review and decisioning as per the current governance and controls of Consumer Banking. Take ownership of the team’s daily operational duties, such as: assembling presentations, executing rate changes, maintaining pricing policies/procedures and BAU reporting in strict adherence to policies, procedures and controls.
Key Responsibilities For The Role
- Support specialized performance analytic requests. Support the Pricing & Performance Analytics team with ongoing, scheduled and ad hoc analysis requests. Topics can include but are not limited to competitive pricing, documenting deposit and cost of funds performance to plan, product analytics, product and customer lifetime value analysis, cost of funds analysis, cross-sell analysis, campaign tracking, line of business performance.
- Support Consumer Bank pricing policies and controls including documenting audit trails and drafting of certain Consumer Bank Pricing Committee meeting materials and documentation of meeting minutes. Also ensure all processes and procedures are documented and up to date, and provides operational support for pricing changes.
- For this position, you must have at least 2 years of Financial Analyst or Product Management experience with a focus on financial and other models, as well as Consumer & Small Business deposit products or related products.
- Requires a working knowledge of Deposit product management, Finance, Budgeting, Data analytics, Product Development and Management.
- Bachelor’s Preferred but not required. Candidates with advanced degrees (Associates, Bachelor’s, and/or Master’s) preferred, yet a High School diploma or GED is required.
- Working knowledge and understanding of Retail Banking Deposit Accounts – DDA, SAV, MMA and CDs.
- Strong business, analytics, modelling and financial analytical skills.
- Strong written and interpersonal skills including the ability to communicate effectively and deliver presentations to colleagues.
- Excellent organization and planning skills.
Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.
Salary : $100,000 - $125,000