About the position
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.
Responsibilities
- Support specialized performance analytic requests.
- Support the Pricing & Performance Analytics team with ongoing, scheduled and ad hoc analysis requests.
- Conduct competitive pricing analysis, 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.
- Ensure all processes and procedures are documented and up to date, and provide operational support for pricing changes.
Requirements
- 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.
- Working knowledge of Deposit product management, Finance, Budgeting, Data analytics, Product Development and Management.
- Strong business, analytics, modelling and financial analytical skills.
- Strong written and interpersonal skills including the ability to communicate effectively and deliver presentations to colleagues.
Nice-to-haves
- 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.
- Excellent organization and planning skills.
Benefits
- Estimated salary range of $100,000.00 to $125,000.00 USD annually, with actual salary varying based on job-related factors.
- Eligible for incentive compensation.
