Truist Financial

Deposits Product Senior Analyst- Debit Card Solutions

Truist Financial$80K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a business-related major or equivalent training
  • 4+ years of experience in Banking or Financial Services
  • Strong collaboration skills with a successful project completion track record
  • Proficiency in analytical and creative problem-solving
  • Experience working in cross-functional teams without formal authority
  • Excellent communication skills, able to convey insights clearly
  • Ability to manage multiple priorities and adapt responsibilities
  • Familiarity with risk management guidelines

Responsibilities

  • Monitor deposit performance trends and identify improvement opportunities
  • Apply subject-matter expertise to deposit and debit product projects
  • Recommend product enhancements based on business and client analysis
  • Design and execute marketing strategies to improve client acquisition
  • Resolve client issues and create training documents
  • Build relationships with key partners to drive strategic outcomes
  • Conduct client behavior analysis in partnership with analytics teams
  • Research competitor products and industry trends

Benefits

  • Medical, dental, and vision coverage
  • Life insurance and disability insurance
  • Tax-preferred savings accounts
  • 401k plan with company match
  • Minimum of 10 vacation days per year
  • 10 sick days annually and paid holidays
  • Potential access to defined benefit pension plan
  • Eligibility for restricted stock units and/or deferred compensation plans
Full Job Description
The CSBB Deposits team has management and P&L responsibility for a significant portfolio that generates a large share of revenue for the Truist enterprise, including net interest income and fee revenue. The team develops and drives deposit and debit product strategy, design, development, launch, execution, and ongoing management to meet financial and client objectives. The team works closely multiple business partners including Corporate Treasury, CSBB Strategy, Marketing, Sales Channels, Service Channels, Operations, and Technology, to support high-level execution. The team also works closely with Legal, Risk, and Compliance partners to ensure that all aspects of the business meet appropriate standards. The Deposit Product Senior Analyst is responsible for working collaboratively to develop solutions for deposit or debit products that increase revenue, increase efficiency, reduce risk and/or create strategic advantage for Truist. The role initiates analytical exploration and validation and provides recommendations for product improvements. Additionally, this role is responsible for leading project-related strategic initiatives and critical daily activities. This role will interface broadly with the organization, so teamwork and organizational skills are critical. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Monitor Deposit performance trends across sales production, balance growth, client acquisition, client retention, net interest income, fee revenue and overall revenue. Take initiative to identify improvement opportunities. 2. Apply subject-matter expertise, industry knowledge, and technical understanding to projects related to deposits & debit products 3. Recommend new products and product enhancements by analyzing business and client needs, documenting requirements, measuring performance, and interpreting results to drive profitable growth, operational soundness, or regulatory compliance. Lead product development initiatives and other projects. 4. Assist in the design and execution of marketing, promotional and sales campaigns to drive client acquisition, deepening and retention for deposits and debit products. 5. Work with Channel Leaders, Complaints partners, and Enablement teams to research and resolve client issues and create product and process documents to assist in teammate training. 6. Build and maintain strong working relationships with key partners (Marketing, Legal, Risk, Compliance, Distribution, Servicing, Operations, Analytics, Technology, etc.). Partner with senior business leaders to work as a part of cross-functional teams to drive successful strategic outcomes. 7. Partner with analytics teams to identify and conduct analysis around client behavior and needs. 8. Perform research into competitor products and industry trends. QUALIFICATIONS Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 1. Bachelor's degree in a business-related major with a strong academic record, or equivalent education and related training 2. 4+ years of work experience within Banking or Financial Services 3. Strong partnership-building and collaboration skills with proven ability to drive projects to completion. 4. Strong analytical and creative problem solving skills - ability to generate actionable insight and recommendations based on analytics. 5. Demonstrated success working within cross-functional teams without formal authority 6. Excellent written and verbal communication skills. Ability to clearly convey insights and conclusions to peers and managers. 7. Ability to successfully handle multiple priorities based on senior management direction 8. Ability to work independently and as a member of a team, and ability to take initiative and adapt to new responsibilities. 9. Demonstrated ability to follow risk management guidelines and procedures and to identify and escalate risks. 10. Ability to interact with third party vendors on ongoing monitoring and partnership activities. 11. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products. 12. Ability to travel, occasionally overnight Preferred Qualifications: 1. 3+ years combined experience in consumer banking, small business banking, debit, or payments 2. Previous experience working with partners in marketing, finance, acquisitions, product development and analytics. 3. Understanding and experience on client interaction and client management. Experience working in a branch or client contact center. 4. Experience in the Product Management lifecycle including idea generation, developing, implementing and managing products and services 5. Experience working with data analytics partners. 6. Project Management experience General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

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Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
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NASDAQ

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