Product Analyst - Liquidity & Revenue Management

Job Title:

Product Analyst - Liquidity & Revenue Management

Location:

CityScape

What you'll do:

The Product Analyst – Liquidity & Revenue Management is responsible for managing the complete lifecycle of the assigned suite of banking products. Leads the research, analysis, design, development, pricing, and implementation of new products, and modification and enhancements to existing products. Manage cross-enterprise matrixed teams for assigned products to create and manage business cases, measure ongoing service levels and profitability, and deliver an excellent customer experience.

Create and lead business strategy development and delivery in conjunction with business partners. The Product Analyst will work closely with Product Managers, Marketing, Operations, and IT through all phases of product development and rollout. This position will assist management in identifying, assessing, and implementing risk control procedures as they relate to assigned products and channels.

The Product Analyst –Liquidity & Revenue Management will be responsible for, but not limited to, the following areas:
• Product Reporting & Analytics
• Fee and Pricing Management (Consumer and Business)
• Manage billing processes
• Facilitate pricing changes
• Facilitate creation of pricing on new products with Product Manager including the setup of new fees and fee changes (set up, feeds)
• Annual pricing review for all products and accounts
• Own updates to pricing models and fee schedules

• Responsible for the full lifestyle management of assigned products including development, maintenance, enhancements, and exits

• Performs market research to monitor trends and make relevant recommendations to product suite and pricing strategy

• Lead research and analysis for the design, development, and implementation of new products and modification and enhancements to existing products

• Develop business cases, obtain approvals, monitor results and effectiveness of service delivery, and perform ongoing analysis as required

• Develop and distribute appropriate communication and performance reporting to stakeholders and management

• Partner with Marketing and Training to develop communication strategy and implementation to customer facing employees

• Partner with Marketing and Operations to establish and review product pricing and product profitability

• Prepare and maintain documentation related to the sales, delivery, and implementation of assigned products

• Oversee the conversion of customers into new and existing product lines

• Serve as the liaison to the IT department for the assigned products

• Responsible for ensuring product suite is compliant with applicable banking laws and regulations

• Develop and apply understanding of performance, revenue, cost drivers, and opportunities for improvement

• Manage cross-enterprise matrixed teams for assigned products to create and manage business cases, measure ongoing service levels and profitability, and deliver an excellent customer experience

• Develop and distribute appropriate communication to stakeholders. Develop and distribute management reporting

What you'll need:

• Bachelor Degree is preferred

• 1-3 years of Banking / Financial Services industry experience is required

• Equivalent combination of education and experience acceptable

• 1-3 years of experience in product management or a combination of product management and development, project management or data analytics is preferred

• 1+ year of direct knowledge and experience with product pricing and billing systems

• Conceptual / strategic aptitude required

• Excellent analytical, communication, and collaborative skills required

• Experience with XAA preferred

• Experience with business liquidity solutions for clients of all sizes (small business, SMB, Commercial, and Large Corporate):  Business DDA, MMA, Savings with Interest, Investment Sweeps, ZBAs, Credit Sweeps, Escrow Sub Accounting, IOLTAs, Money Market Funds, Off Balance Sheet Liquidity Options, Bundled Account Packages, Earning Credit Rates, Interest Rates, Account Analysis.

• Experience creating training materials, communications, and presentations for senior executives and sales teams required.