Company Description
Headquartered in Columbus, OH, Huntington Bancshares Incorporated is a banking provider, originally founded in 1866 as The Huntington National Bank, currently operating across a seven-state banking franchise of over 800 branches in Ohio, Illinois, Indiana, Kentucky, Michigan, Pennsylvania, and West Virginia. The financial organization categorizes its services as commercial, small business and consumer banking. Their solutions spam mortgage banking, foreign exchange, treasury management, equipment leasing, investment management, brokerage services, just to name the core ones. Whether you're just entering the workforce or joining them with years of experience, you'll have the opportunity to choose the career path that best fits your individual skills and aspirations. As a team member you will be challenged every day, encouraged to bring your ideas, share your views and conceive innovative solutions.
Job Description
Description
Deposit Pricing and Product Lead Analyst:
Huntington Bancshares Incorporated is a $100 billion asset regional bank holding company headquartered in Columbus, Ohio, with a network of more than 750 branches and more than 1,500 ATMs across six Midwestern states. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealers, equipment finance, national settlement and capital market services that extend beyond its core states.
Responsible for the pricing analytics for consumer and private banking interest-bearing deposit products. Responsible for the design and implementation of pricing strategies, for achieving interest expense and profitability targets for Huntington Bank, and for continually identifying innovative ways to grow deposit balance at lower long-term costs.
Detailed description
+ Interpret and forecast business-driver trends: current and future.
+ Execute business cases coordinating cross-functional teams: technology, legal, finance, treasury, sales support, marketing, training, customer service, and business segments.
+ Independently evaluate previous month's results to plan; review product-rate driver trends and update economic scenarios and forecasts for the current month, quarter and year.
+ Monitor progress weekly: competitor's rates and advertisements, economy, Huntington's balances-revenue, plan targets, balances at risk, product driver trends, and optimal pricing targets.
+ Communicate changes to scenarios, risks, rates, positioning, financials, trends and other analysis within regular meetings, emails, updates to partners and communication channels.
+ Partner with other disciplines sharing insights from a competitor, price elasticity and break-even analysis for enhancing sales, cross-selling, and client retention initiatives.
+ Provide reporting and analysis for exception processes and adherence to risk tolerances.
+ Pull data and conduct frequent analyses to drive pricing and sales insights and to assess various pricing/targeting tests.
Basic Qualifications:
+ Bachelor's Degree
+ 5 years of experience working in product development, product pricing, product forecasting, and / or finance experience.
Preferred Qualifications:
+ Strong and creative analytical skills, competence/confidence in pulling and analyzing data, and translating the analyses into actionable strategies and tactics.
+ Strong decision making and negotiation skills and ability to provide rate solutions/strategies that work for the bank and for bankers.
+ Experience facilitating a team environment placing the team ahead of individual goals.
+ Knowledge of methods for effectively measuring, analyzing, planning and monitoring financial market trends, competitor trends and Huntington's revenue and balance sheet trends.
+ Experience in collaborating with partners and peers in treasury, finance, technology, marketing, sales, and vendors.
+ Experience planning and executing multiple projects in a timely and efficient manner.
+ Capability of utilizing business acumen and knowledge of business drivers for assessing market conditions and forecasting revenue and pricing actions.
+ Effective written and verbal communication skills.
+ Technical skills: SAS, Price Elasticity modeling software, Essbase, Microsoft Office suite.
EEO/AA Employer/Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
Welcome to Huntington!
At Huntington, we see it as our responsibility to look out for people. There's a common bond that connects us all as humans, and together, we can make this world better. An amazing thing happens when we look out for each other. Even helping someone in a small way can have a huge impact. It's the idea at the core of Huntington and one we're trying to spread.
Our colleagues look out for people by doing the right thing with a Can-Do Attitude, Service Heart and Forward Thinking. Those are our values -simple but powerful. If that sounds like you, we hope you'll apply to join our team. If you'd like to learn more about how Huntington looks out for people, visit http://huntington.com/lookingoutforeachother.
We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact us at HuntingtonCareers@Huntington.com.