Bachelor's degree in Accounting, Finance, Economics, Mathematics, or a related field.
Ten years of experience in deposit pricing, treasury, liquidity, funding, ALM, or balance sheet management within a banking organization.
Experience in preparing executive reports, committee materials, and management presentations.
Strong communication and presentation skills for translating complex analytics into actionable recommendations.
Demonstrated analytical skills in evaluating deposit costs, pricing trends, and customer behavior.
Responsibilities
Develop pricing recommendations for consumer and commercial deposit portfolios to meet funding and liquidity goals.
Prepare materials for the Deposit Pricing Committee and manage pricing performance analytics.
Monitor competitor pricing and market trends to identify risks and opportunities.
Manage relationships with external pricing and analytics providers to enhance decision-making.
Oversee performance management and development processes for team members.
Ensure compliance with policies and regulations within the functional area.
Assist team members to deliver exceptional service and meet client needs.
Benefits
Opportunities for professional development and career advancement.
Collaborative work environment that fosters team engagement.
Access to third-party analytics and market intelligence tools.
Involvement in strategic decision-making processes at a senior level.
Full Job Description
Summary of Position
The Director of Deposit Pricing Strategy supports the Deposit Pricing Committee and contributes to the broader liquidity, funding, earnings, and interest rate risk strategy of the organization. This role leads the development and execution of deposit pricing strategies across consumer and commercial portfolios, balancing growth, retention, profitability, and balance sheet objectives.
Job Duties and Responsibilities
Deposit Pricing Strategy & Execution - Develops pricing recommendations across consumer and commercial deposit portfolios to support funding, earnings, and liquidity objectives. Analyzes deposit rates, balances, betas, repricing trends, and customer pricing behavior across interest rate cycles. Partners with Treasury, Finance, Product, and business leaders to execute deposit pricing strategies and initiatives. Owns deposit rate sheet for standard and non-standard rates
Deposit Pricing Committee (DPC) Governance & Reporting - Prepares recurring DPC materials, management reporting, and pricing performance analytics. Supports governance processes, pricing decisions, action tracking, and non-standard rate documentation. Communicates pricing insights, recommendations, and outcomes to senior management and key stakeholders.
Market Intelligence & Competitive Benchmarking - Monitors competitor pricing, deposit betas, repricing trends, and customer pricing behavior across changing rate environments. Benchmark deposit products, rates, and performance against peer institutions and market leaders. Identifies emerging risks and deposit pricing opportunities based on competition, interest rates, and geography opportunities.
Third-party analytics management - Manages relationships with external pricing and analytics providers, including Curinos and other market intelligence vendors. Leverages third-party data and tools to enhance pricing decisions, reporting, and competitive insights.
Manages the annual performance management and merit processes for direct and indirect reports. Coaches and develops team members and builds a work environment where team members are engaged and feel a positive sense of achievement about their role in the firm.
Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
Meets all the client's financial needs, both business and personal, and refers clients to other specialty areas such as Trust, Investments, Insurance, Treasury Management, etc. as appropriate.
Assists other team members as needed to ensure delivery of distinctive service.
Performs other related duties as required
The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Minimum Education:
Bachelor's degree Accounting, Finance, Economics, Mathematics, Other related area of study.
Minimum Experience:
Ten years of experience supporting deposit pricing, treasury, liquidity, funding, ALM, or balance sheet management within a banking organization. Experience preparing executive reporting, committee materials, business recommendations, and management presentations
Required Knowledge, Skills, & Abilities:
Strong communication and presentation skills, with the ability to translate complex analytics into clear, actionable business recommendations.
Background in deposit products and pricing at a bank.
Ability to influence decision-making through data-driven insights, executive reporting, and stakeholder engagement.
About Synovus Financial
Synovus Financial Corp. is a financial services company that provides banking, investment, and mortgage services to customers in the Southeastern United States. The company operates through its banking subsidiary, Synovus Bank, which has over 250 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Financial Corp. was founded in 1888 and is headquartered in Columbus, Georgia.
