Dubuque, IA, 52004, USA
6 days ago
VP, Deposits
VP, Deposits **Dupaco Community Credit Union** 1 Positions ID: VPDEP002753 Posted On 12/31/2024 **Job Overview** For financial institutions, Deposits are all rage these days. Now, more than ever, developing an effective strategy to drive consumer deposits is a key initiative for many financial institutions. Dupaco has been right in the mix of this initiative too. And, that’s where you come in… You juggle compliance like a pro, you love collaborating with Marketing teams to mastermind attractive deposit products, and (most importantly) you can craft deposit strategies that will make our members’ savings soar! Have you been waiting to work for a place like Dupaco to showcase your skills? Let’s talk… What You'll Do: + Evaluate the consumer deposit portfolio, analyze developing trends, and recommend changes and improvements based on member insights, growth, profitability and Key Performance Indicator metrics. + Actively follow industry trends and competitive market practices, develop competitive strategies, and make recommendations concerning adjustments to programs, price and products in related areas in partnership with Marketing Strategist. + Identify and understand consumer and member research to gain insights and deepen understanding of member needs and partner with Member Experience teams. Partner with key stakeholders to develop and execute a comprehensive roadmap to build competitive, profitable products that help our targeted segments and is aligned with Dupaco’s strategy. + Develop annual business plan and performance goals in collaboration with finance, treasury, marketing, retail channels and operations teams. + Responsible for gathering insights and partnering with finance and treasury on product pricing strategy, competitive analysis, balance sheet goals, performance and profitability. + Actively monitor consumer deposits performance and portfolio growth – providing updates to key stakeholders. + Provide insights and performance reviews on activities including discussing industry trends, market impact of competitors, and recommendations to improve deposit penetration. + Responsible for managing risk related to deposit products including interest rate, liquidity and compliance. + Ensure compliance with established policies and procedures, understanding the risk management and compliance requirements, and partnering with risk and compliance teams to manage the portfolio within the credit union’s risk profile. + Partner with member experience and digital product teams to influence requirements for products and features, including defining the go-to-market strategy and product success metrics and recommendations for optimizations, and ensuring it meets all regulatory and policy compliance. + Responsible for launching new deposit products, identifying opportunities for product revisions and for new products based on member insights, credit union needs, market input and competitive assessments. + Responsible as the process owner of identified support work needed to deliver consumer deposit solutions to members. + Accountable for clearly defining roles, ensuring accountability, monitoring performance, identifying risks and roadblocks through change management, serving as a subject matter expert, providing training, and facilitating communication through process ownership. + Perform other duties as assigned. What You'll Need: + Bachelor’s degree in Business, Finance, or Business Analytics + Extensive experience in product management, ideally with a Financial Institution + Strong analytical background to understand and connect skill set to create connection to various data points. Excellent analytical, communication, and presentation skills, with the ability to influence and drive strategic initiatives at the executive level. + Excellent communication skills with strong written and oral presentation skills, for both internal and external credit union communications and relations. + Must be able to prioritize while working on multiple projects at one time. + Must be motivated, self-starting individual with a focus on detail-oriented projects. Primary Contact 114365 Matt Hostert Senior Recruiting Specialist, Human Resources 563-557-7600, ext. 2564 Phone Phone Phone Fax mhostert@dupaco.com Email True False True **Job Details** Categories Banking/Mortgage/Financial Services Information Technology/Telecommunications Location Dubuque, IA Job Type Employee Full/Part Full Time Company ID 986 Job REQ # VPDEP002753 \# Positions 1 Start Date 20241231 End Date 20250203 Featured Job TH Ad TH Comments **Similar Jobs** VP, Treasury Management Dupaco Community Credit Union **Share this Job** Dupaco Community Credit Union **About the Company** Dupaco Community Credit Union is a not-for-profit financial cooperative. When we help our members save money—with a savings account, lower loan rates, fewer service fees, low-cost insurance, financial education and more—we help grow the whole credit union. It’s people helping people. Learn more about us at www.dupaco.com (https://www.dupaco.com/about/) . **A Dupaco career is different.** We’re a diverse crew of caring, passionate, and fun-loving people who work together toward a higher purpose- to always look out for our members’ best interests. That promise is at the center of everything we do. And we have plenty of career opportunities for thoughtful, genuine, and motivated people who can help us deliver. Our culture is built to empower and inspire you every single day. When you get here, you’ll know that your voice is valued and heard. And you’ll find new and unique ways to make a positive impact just by being you. See more perks you'll love (https://www.dupaco.com/about/dupaco-careers/) _Dupaco Community Credit Union is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, religion, color, national origin, sex, age, sexual orientation, gender identity, status as a protected veteran, or status as a qualified individual with disability._
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