• Product development, profitability, pricing, and performance analysis.
  • Monitor and analyze success of products and services in meeting members’ needs and credit union financial needs.

  • Assist in design, implementation and roll out of new products, services, or significant changes in existing products, as needed.

  • Leverage financial and member analytics and competitive information to identify new areas of opportunity for growth and expansion that further the credit union’s business strategy and financial performance.

  • Lead and/or participate on cross functional teams to implement product changes and new product development initiatives according to agreed-upon timelines.

  • Provide bi-weekly competitive pricing report/analysis to the Pricing Committee, Senior Management and Retail Management.

  • Provide monthly deposit reporting and analysis to Pricing Committee.

• Products Subject Matter Expertise.
  • Provide subject matter expertise within Marketing on product performance and strategy:

  • Profitability

  • Competitive position/opportunities/threats

  • Consumer and competitive trends

• Promotional Performance Analyses.

• Develop promotion profitability/ROI tracking and analyses, in collaboration with Database Marketing Strategist, to determine effectiveness of promotional programs.

• Voice of the Member Survey Program Administration
  • Acts as the “product Owner” for Summit’s Voice of the Member survey program (executed by a third party, currently Member Loyalty Group).

  • Responsible for vendor interface with program provider.

  • Acts as administrator for the program, working cross functionally to execute the program, meet stakeholder needs and provide organizational reporting on results (Monthly/Quarterly).

• Supports Pricing Committee
  • Provides weekly competitive rate report to Pricing Committee.

  • Provides additional data/analytical support to the Pricing Committee as needed.

• Continuous Improvement
  • Generates ideas for improving the value and effectiveness of assigned projects and programs, as well as ideas for new projects, promotions, approaches, and departmental processes.

• Understand and is accountable for executing all job functions in a way that is consistent with all requirements of BSA, OFAC and the USA Patriot Act/Customer Identification Act (CIP).

• Assist with additional projects and other duties as assigned by departmental leadership.

• Bachelor’s degree in business or related field required; MBA a plus. Experience in lieu of a degree may be considered.

• A minimum of five years’ experience in performing advanced financial analysis of organization, branch and product profitability in the financial services industry preferred by not required.

• Professional, well-developed written and oral communication skills necessary for projecting a positive image as a representative for the Credit Union.

• In-depth knowledge of the financial services industry, credit union movement and philosophy preferred.

• Quantitative orientation - mathematical and financial analysis skills required (cost analysis, profit projection calculations and concepts involving statistical analysis)

• Intermediate knowledge of Microsoft Office suite and advanced knowledge of Microsoft Excel and database management required.

Perks:

At Summit we cover more ground, give more back and have more fun. Come be a part of something bigger!

At Summit Credit Union, we are committed to providing Equal Employment Opportunity regardless of race, color, religion, sex, age, national origin, disability, military and veteran status, sexual orientation, gender identity, marital status or any other characteristic protected by local, state, or federal law. We embrace diversity and believe that inclusion is critical to our success as a credit union. Different makes us better. Employment decisions are made based on qualifications, merit and business need.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities