FAQs
What is the primary role of the Vice President, Deposits Portfolio Management in Treasury Solutions?
The primary role of the VP Deposits Portfolio Management is to define pricing strategies and tactics, develop and implement reporting and analytics frameworks, and generate actionable insights to drive business performance related to liquidity products.
What qualifications are required for the Vice President, Deposits Portfolio Management position?
The position requires an undergraduate degree in a related field, preferably a graduate degree in a quantitative field or a professional designation. Additionally, candidates should have 7+ years of relevant experience in Treasury Solutions, pricing roles, corporate and institutional deposits, or asset and liability management.
What are the key responsibilities of the VP Deposits Portfolio Management?
Key responsibilities include developing and monitoring pricing for liquidity products, executing customized pricing strategies, acting as a liaison for FTP processes, performing profitability analysis, providing market insights, and creating descriptive and prescriptive analytics reporting.
How does the VP Deposits Portfolio Management collaborate with other teams?
The VP collaborates with relationship managers for real-time pricing execution, liaises with internal teams to ensure effective data provisioning, and works closely with Treasury to integrate FTP frameworks and liquidity strategies into pricing.
What skills are essential for success in this role?
Essential skills include a deep understanding of deposit product offerings, asset and liability management concepts, excellent relationship management skills, strong project management abilities, analytical skills to interpret complex information, and the capacity to present ideas effectively to senior leaders.
How will the VP Deposits Portfolio Management measure business performance?
Business performance will be measured by defining objectives and key performance indicators (KPIs), analyzing profitability at various levels (client, product, portfolio), and assessing results against established KPIs and objectives.
What type of experience is preferred for this position?
Preferred experience includes work in Treasury Solutions, roles related to pricing, managing corporate and institutional deposits, and experience with asset and liability management strategies.
What is the importance of staying current on market pricing in this role?
Staying current on market pricing and conducting competitive research is essential for developing effective pricing strategies and ensuring the organization remains competitive in offering corporate deposits and liquidity management solutions.
What does managing descriptive and prescriptive analytics entail in this role?
Managing descriptive analytics involves creating reporting to support pricing and strategy initiatives, while prescriptive analytics focuses on scenario analysis and forecasting net interest income (NII) drivers, both of which are crucial for strategic decision-making.
What leadership skills are necessary for the Vice President, Deposits Portfolio Management?
Necessary leadership skills include the ability to think strategically, understand the broader business impact of the team's work, manage complex relationships, and communicate ideas and insights effectively to senior leadership.