Senior Director Deposit Products

Company: Disability Solutions
Location: Milwaukee
Posted on: April 28, 2024

Job Description:

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.The Senior Director of Deposit Products supporting Deposit Pricing, Treasury Management (TM), and Commercial Deposits will be responsible for leading and overseeing the development and execution of commercial deposit product management, treasury product management, and deposit pricing across the entire organization. The primary focus of this role will be to achieve deposit balance growth targets, deposit interest expense and Net Interest Margin (NIM) targets, and TM fee growth targets leveraging data, research, advanced analytics, marketing, and technology across various segments. This role will manage a team of product analysts, product managers, and product directors who will collaborate with cross-functional stakeholders to identify opportunities, deliver actionable insights, and provide recommendations.

• Leadership: This position will be responsible for building, leading and developing a high-performing team of product analysts, product managers, and product directors.
• P&L Management: Responsible for the overall performance of the Commercial Deposit P&L across all segments (Corporate Banking, Government, Commercial Real Estate, Business Banking, Private Wealth) by prioritizing initiatives, allocating resources, monitoring performance, and determining necessary adjustments. Holding direct reports and stakeholders responsible to achieve financial targets.
• Strategy & Continuous Improvement: Foster a culture of continuous learning, innovation, and improvement within team. Encourage the adoption of best practices, new methodologies, new value propositions for clients/customers, and emerging trends in the field. Work with data, technology, and segment partners to prioritize and implement enhancements that improve acquisition, retention, deepening, expenses.
• Business Partner Collaboration: Collaborate with cross-functional teams, including consumer and business banking product, data analytics, marketing, sales, finance, and digital to prioritize and implement new initiatives to drive business growth and operational efficiency.
• Communication and Presentation: Present insights, findings, and recommendations to senior executives and c-suite stakeholders in a clear and compelling manner. Be able to effectively communicate complex financial/product concepts to both technical and non-technical audiences.Job AccountabilitiesEducation:
  • Master's Degree in Business, Marketing, Data, or related discipline Preferred.
  • Bachelor's Degree in Business, Marketing, Data, Engineering or related discipline Required.Experience
    • 10+ years product and pricing experience Required.
    • 10+ years' experience leading teams including the hiring, development, and coaching of senior level (VP/SVP) colleagues Required.
    • 10+ years' experience with and proficiency in data-driven storytelling and/or Strategic Planning Required.
    • 7+ years financial services or banking experience, Required.
    • 5+ years direct P&L management and financial planning Required.
    • 5+ years of treasury management product/sales experience, Preferred.In addition to core traditional benefits, we take pride in offering benefits for every stage of life.
      • Retirement savings including both 401(k) and Pension plans.
      • Paid time off to volunteer in your community.
      • Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
      • Competitive salaries with professional development and advancement opportunities.
      • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
      • Personal banking, loan, investment and insurance benefits.Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X.Compliance StatementAssociated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.Associated Bank provides additional assistance to individuals with disabilities throughout the application & interview process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the interview process.Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.Associated Bank is Pay Transparency compliant.

Keywords: Disability Solutions, Milwaukee , Senior Director Deposit Products, Executive , Milwaukee, Wisconsin