Deposit Products Analyst Job Listing at Valley Bank in Clifton, NJ (Job ID 25-211)

Description

Responsibilities include but are not limited to:

• Work closely with Liquidity and Funding to align deposit pricing with funding strategies, balance sheet objectives and risk management considerations.
• Conduct thorough and precise interest rate calculations, ensuring accuracy in pricing structures that impact the Bank's deposit portfolio.
• Conduct analysis of deposit product performance using data analytics to identity opportunities for pricing elasticity and increased adoption and recommend adjustments to deposit product, promotions to optimizing adoption and profitability. Conduct data analytics and reporting to track product performance and identify growth opportunities.
• Maintain the integrity of deposit product configurations within the bank's core system, ensuring accurate rate structures, fee schedules and product features.
• Ensure all products and processes comply with relevant regulations and internal policies.
• Oversee new product initiatives from pilot through launch, including implementing project plans and strategies.
• Work with functional partners, such as Private Bankers, Advisors, and Managers, to execute product initiatives and respond to inquiries.