Deposits Product Analyst recruitment
The Deposits Product Analyst is responsible for supporting the development and maintenance of Product strategy and operations for the retail deposit taking business of the bank.
The Deposits Product Analyst will work closely with the Deposits Marketing and Operations teams in supporting the development and growth of the retail deposit taking business of the bank, as well as liaising with other key functions including Finance, Legal, Compliance, Treasury and Risk.
Areas of Responsibility:
Product design – support the ongoing development and refinement of the bank’s deposit product portfolio to anticipate/respond to customer demand, industry trends, and regulatory change, through the provision of analysis and insight of those different sources of information
Pricing strategy - undertake analysis and interpretation of product performance information, and external competitor/market performance that supports the development and implementation of pricing strategies for new/existing products/customers to achieve target volumes returns
Product performance – develop and maintain dashboards/performance metrics to manage the performance of products, tracking and responding to performance trends. Maintain existing and establish new management information/product performance analytics to support this process
Treasury funding liaison – work closely with Treasury to analyse portfolio performance, and future funding demands, in order to support the definition of funding targets and associated product requirements/volumes
Product operational performance – maintain regular tracking metrics of product performance relative to other market players, making recommendations and supporting the development of initiatives where appropriate to respond to this. Work closely with Deposit Operations team to identify likely impact of different product initiatives on customer services through third party provider
Product forecasting/capacity planning – develop and maintain product forecasting and planning tools and analysis, that will enable both the bank and the third party operations partner to establish and maintain satisfactory levels of customer service
Business Planning – undertake planning/forecasting activity that allows the bank to resource plan in order to maintain appropriate customer service levels
Compliance – ensure that all Marketing activities meet external regulatory standards
Extensive experience of working in a product function in a retail financial services environment
Strong grounding in broad range of product disciplines – product development, performance analytics, pricing and funding strategies, forecasting and planning.
In-depth knowledge of financial products. The suitable candidate will be able to demonstrate an understanding of the need to balance commercial and regulatory risk The role holder will have a proven track record in working within a project team. Strong evidence of working with multi-stakeholder teams with internal and external resources.
Self-motivated individual with the ability to energize others
Established credibility and experience interfacing with senior leadership
Ability to work under tight deadlines and to prioritize under pressure
Proven analytical capability
Highly articulate and confident presenter and communicator
Exposure to developing and implementing a retail bank
Please contact John Boddy on 0203 465 0109 or john.boddy@hays.com