Deposit & Insurance Director

Company: Patelco Credit Union
Location: Dublin
Posted on: January 12, 2021

Job Description:

About Patelco Credit Union: We're here to help people in communities throughout Northern California build financially healthy lives. We do this by being attentive and partnering with our members to understand what is financially best for them. We thrive on change, and we put people first. If you're looking to use your skills and knowledge to make a difference in the lives of others, we look forward to hearing from you.Patelco is a not-for-profit credit union, serving the financial needs and aspirations of more than 400,000 members. What we earn, we return to our members in savings from lower loan rates, fewer fees, and personalized service that focuses on transparency, simplicity, and trust. Our mission remains the same as when we started in 1936, to provide products, services, education and expertise that will empower our members to rise up and achieve financial freedom.Overview: The Deposit and Insurance Director will lead growth of Patelco's deposit portfolio and overall membership growth. Patelco's strategic growth plan calls for a significant increase in deposits and membership as key contribution to profitability over the next three years. The Deposit & Insurance product leader will have complete, end-to-end accountability of the business, partnering across function to develop and to execute on an accelerated growth agenda while ensuring appropriate risk management parameters and guardrails. The role will report to the Chief Retail Officer. Responsibilities: * Develop and deliver products that support member needs for transaction (checking) and savings that support financial wellbeing and a differentiated value proposition. * Lead insurance strategic planning and implementation efforts* Review the end-to-end member journey for gaps and opportunities to meet the ongoing needs of our current and future members. * Be current with leading edge practices around behavioral economics that support financial health and wellbeing specific to saving.* Manage and drive execution of membership growth, product development and delivery, working closely with marketing, digital, channel delivery, legal, compliance and operational partners. * Develop detailed strategies and dimension pro forma business impacts of key initiatives required to get to plan targets and to grow deposits and membership. * Prioritize and deliver in partnership with cross functional leaders the key capabilities and initiatives needed to achieve growth plan across the full value chain inclusive of: product design, pricing, acquisition, usage and retention marketing, distribution across physical and remote/digital channels, member experience. * Establish and manage to critical KPI's, e.g., around membership and portfolio growth, and member experience, etc.* Ensure a highly knowledgeable and effective team steeped/integrated in the Patelco culture.* This role is expected to identify opportunities, propose data driven solutions, lead projects from inception to completion, solve problems collaboratively and communicate effectively across the organization.Qualifications: * Bachelor's degree in Business, Management or equivalent is preferred* Minimum 10 years of experience in the banking industry, preferably with diverse roles across product management and marketing* Thorough understanding deposit product business. * Strong knowledge of the external market, customer attitudes and behaviors, distribution strategies, profit & loss drivers and production / product delivery model, legal / compliance and regulatory climate and requirements.* Proven analytical and problem-solving skills. Uses facts and data as basis for formulating solutions and understanding impacts.* Creative thinker, courage to question and to challenge the existing business model. Ability to develop, gain buy in to and execute on new strategies and tactics * Thought leadership with the ability to lead and mobilize teams across functions* Team player, collaborates across levels, functions, lines of business and other internal and external partners* Results oriented - strong organizational, project planning skills* Proven ability to manage and develop talent.We Offer: * Empowerment, Engagement, and Teamwork.* An inspiring career that benefits both you and your community* Competitive compensation packages with bonus opportunity* Full Medical/Dental/Vision benefits with minimal eligibility waiting period* Generous 401(k) with 3% Safe Harbor and 5% employer match* Discounts on loan products* Tuition Reimbursement* Onsite Fitness Center at HQ and rewards for healthy habits* Close proximity to BART, restaurants and shoppingPatelco Credit Union is an Equal Opportunity Employer: disability/veteranIND123

Keywords: Patelco Credit Union, Dublin , Deposit & Insurance Director, Executive , Dublin, California