Lead Deposit Growth Specialist

1 week ago


New York, New York, United States IDB Full time
Job Overview
IDB Bank is seeking a highly skilled Deposit Growth Specialist to join its Institutional Banking team. This role will be responsible for driving deposit growth and portfolio management, ensuring the highest levels of customer satisfaction.

About IDB Bank
IDB Bank is a full-service commercial bank chartered by the State of New York and a member of the Federal Deposit Insurance Corporation (FDIC). We are ranked as the 14th largest commercial bank in the New York area and provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetic status, citizenship status, marital status, military or veteran status, current unemployment or any other legally protected category.

Salary Information
The expected annual salary for this position ranges from $100,000 to $150,000, with a total rewards package including an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

Job Responsibilities
This role requires the ability to support strategy to grow Institutional Banking business within framework to ensure long-term deposit growth. Key responsibilities include providing customers with exceptional financial support and recommendations, working alongside senior management to set initiatives that enhance the customer experience in all aspects of deposit management, and overseeing portfolio costs to manage target balances and rates while ensuring adherence to internal procedures, compliance standards, and regulations.

Required Skills and Qualifications
To be successful in this role, candidates must have a bachelor's degree in Business, Finance, Marketing or a related field, strong deposit product knowledge, customer compliance understanding, organizational skills, and solid understanding of working in a Treasury Management area or Wholesale Banking segment. Five years of experience in working with deposit products, ideally overseeing an institutional or commercial banking portfolio, is also required. Proficiency in Jack Henry / Silverlake system environment and computers, along with excellent communication and persuasion skills, is essential.

Benefits
IDB Bank offers a comprehensive benefits package, including a competitive salary range, annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

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