Director of Deposit Product Management & Strategy

Pay Range:

$117,746.00 - $156,995.00 Responsible for leading the development, management and strategic growth of deposit products and services on innovation, pricing, and growth objectives. Develops and implements competitive pricing strategies for products and services including interest rates and placement. Directs, plans, coordinates, and conducts activities related to the analysis of the bank's market areas, customer base and the maintenance and development of its deposit product mix. Oversees the revenue of non-interest income strategies and performs research to support multiple lines of business and strategic initiatives.

Education and Experience:

Bachelor's degree in finance, marketing or related field, or equivalent education and experience. Minimum of 10 years' experience in strategic research and analysis, product development - including pricing and marketing, market intelligence and analytics, including experience in database management.

Skills and Abilities:

Proven track record of being a strategic thinker with the ability to formulate compelling vision and strategy and translate that to actionable roadmaps and results In-depth knowledge of bank core systems, including functionality, integrations, and operations workflows. Strong management and leadership skills Strong project management and organizational skills Strong communication and interpersonal skills Ability to influence others

Unique Job Characteristics and Requirements:

Travel less than 50% Driver's License required Reliable transportation required Certified Financial Marketing Professional (CFMP) from the Institute of Certified Bankers (ICB) strongly preferred.

Tasks Performed:

35% Lead the management of strategic initiatives across multiple lines of business as a trusted advisor based on analysis of existing processes and competitive research. Monitor and evaluate the current product suite profitability, client satisfaction and delivery of product documentation. Collaborates with key stakeholders to drive cross business/group coordination and logistical support for deposit growth and implementation of initiatives. 30% Manages and recommends competitive pricing strategies for products, services, and interest rates to increase sales and profits. Includes development of new and innovative products and services strategies for multiple business lines across the bank. 20% Oversee the revenue of non-interest income strategies related to product sales and services and performs research to support multiple lines of business and strategic initiatives. 10% Train, mentor, develop and oversee assigned staff. 5% Other duties as assigned.

Physical Requirements:

Communicate effectively with internal and/or external customers Stationary 75% of time or greater Move Objects to Maximum 10 lbs Why Work at NBT At NBT we empower people to grow, innovate, and thrive through meaningful work, a supportive culture and opportunities to make a real impact in your community - because your success drives our success. Wellbeing At NBT, we value and support your wellbeing by offering generous time-off policies, wellness initiatives and flexible work arrangements, so you can thrive both personally and professionally. Community Involvement NBT believes community involvement fosters our success and the success of those around us. Through volunteer service and charitable partnerships, we empower our employees to make a positive impact beyond the workplace. Culture NBT believes in creating a workplace where every voice matters and every team member feels empowered to contribute. With supportive leadership, we foster an environment where employees are connected, inspired, and valued. Career Development Whether you're just starting your career or serve in a senior leadership role, your growth and development are our priority. NBT provides a wide variety of development programs and tools for you to reach your full potential. Total Rewards NBT recognizes and rewards your contributions with competitive compensation, comprehensive benefits and performance-based incentives - ensuring you feel valued every step of the way. Business Stability NBT has built a reputation as a stable financial institution by growing our people and our business, evolving our processes and managing risk. We've weathered the market's ups and downs for over 165 years, all while charting a well-defined growth plan. Benefits for

Full-Time Employees:

Generous Paid Time Off:

At least 22 days annually, prorated in the year of hire.

Parental Leave:

Six weeks of paid leave at 100% of your salary.

Comprehensive Medical Coverage:

Includes employer contributions to HSA for High Deductible Health Plan participants.

Dental and Vision Coverage:

Ensuring your overall health and well-being.

Flexible Spending Accounts:

For healthcare and dependent care expenses.

Employer-Paid Disability Coverage:

Both short-term and long-term, with an option to purchase additional long-term coverage.

Life Insurance:

Employer-paid basic life insurance, with an option to purchase supplemental coverage.

Voluntary Benefits:

Including hospital, accident, and critical illness coverage.

Retirement Plans:

Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.

Adoption Assistance:

Supporting your growing family.

Tuition Reimbursement:

Invest in your education and career growth. Employee Assistance Program (EAP): Access to support and resources.

Pet Insurance:

For all your furry friends.

Financial and Banking Services:

Various banking services benefits and financial planning assistance. Benefits for Part-Time Employees Working 20+

Hours/Week:

Medical Coverage:

Includes employer contributions to HSA for High Deductible Health Plan participants.

Dental and Vision Coverage:

Ensuring your overall health and well-being.

Voluntary Benefits:

Including hospital, accident, and critical illness coverage.

Generous Parental Leave:

Six weeks of paid leave at 100% of your salary. Benefits for

All Part-Time Employees:

Retirement Plans:

Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan for employees who work at least 1,000 hours in a calendar year, all designed to help secure your future

Paid Sick and Safe Leave:

For your health and safety. Employee Assistance Program (EAP): Access to support and resources.

Financial and Banking Services:

Various banking services benefits and financial planning assistance. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time. NBT Bank offers a stimulating work environment that recognizes talent and encourages teamwork. Our employees benefit from a total compensation package, including competitive salary, bonuses and a wide range of benefits for eligible employees. Join NBT Bank and build your career through the many growth, learning and collaborative opportunities made available across the company. EEO is the law EEO is the Law Poster Supplement Pay Transparency Nondiscrimination Provision Family Medical Leave Act (FMLA) Poster Employee Polygraph Protection Act (EPPA) NBT Bank is an equal opportunity employer and fully supports a diversified environment. We do not discriminate against any applicant or employee because of race, color, religion, sex, national origin, age, disability, sexual orientation, marital status or veteran status, recently separated veterans, genetic information, victims of domestic violence and stalking or any other class protected by Federal, State or local law. This policy applies to all terms of employment. NBT Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the Careers website or submission process, please call 1-888-804-1771 or contact us via email at humanresources@nbtbank.com. The Human Resources Shared Service Center hours of operation are Monday through Friday, 8:00 AM to 5:00 PM EST.