Municipal Credit Union · 4 weeks ago
Consumer Deposit Product Analyst
Cortlandt Street, New York, NY, US
Full-time
Hybrid
Mid Level
$95K/yr - $115K/yr
3+ years expMunicipal Credit Union is a long-standing financial institution committed to helping New Yorkers build better tomorrows. The Consumer Deposit Product Analyst is responsible for providing analytics and insights to translate strategic objectives into actionable product initiatives for Consumer Deposit Products and services, ensuring profitability and compliance while collaborating cross-functionally.
BankingFinanceFinancial Services
Responsibilities
Product Development and Management: Support Deposit Product manager with the end-to-end lifecycle of Consumer Deposit products, market analysis, design, development, testing, pricing, fees, and ongoing enhancement
Ensure product offerings are competitive, compliant, aligned with our strategy and member needs. Work closely with Retail to integrate deposit product offering into our full product/services suite
Product Portfolio Monitoring: Monitor and report on product portfolio trends including P&L, Balances, Fee income, Productions, Attrition. Provide corrective action recommendations when performance is not in line with expectations
Market Research and Analysis: Stay abreast of market trends, competitor offerings, and evolving third-party requirements. Use market signals and insights to identify opportunities for new product introductions or enhancements to existing products
Cross Functional Collaboration: Partner with Risk, Retail, Legal, Compliance & Deposit Operations to ensure processes, procedures, policies, and systems are functioning as designed and partner on projects for implementation
Knowledge of fundamental regulations governing U.S. retail deposit accounts, payments, and digital banking services, including but not limited to Regulation DD, Truth in Savings, Regulation E, Regulation CC, Bank Secrecy Act (BSA), Patriot Act and Office of Foreign Assets Control (OFAC). Apply this knowledge to ensure compliance, risk management, and proper regulatory reporting
Perform other related duties as requested and special projects as assigned
Qualification
Required
Bachelor's degree (BA, BS, BBA, etc.) required or a minimum of five years directly related experience
Minimum of three years of product management, product development or product marketing experience required
Intermediate Banking knowledge of Deposit Products and services
Strong reporting, decision making, analytical and problem-solving skills. Highly flexible and able to quickly adapt to changing priorities
Highly organized, self-motivated, member oriented and able to proactively work independently as well as within a team
Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail
Benefits
Competitive compensation
Medical and dental benefits
401K with employer match
Flexible paid time off
Company
Municipal Credit Union
Municipal Credit Union has been serving the financial needs of our members since 1916.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Kyle Markland
Chief Executive Officer
Frank Madeira
Chief Financial Officer
Recent News
2025-05-16
Digital Trends
2025-03-29
Company data provided by crunchbase