About Us
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.
How This Role impacts Live Oak and its People
The Deposit Portfolio Analyst will play a critical role as part of the Deposit line of business team responsible for managing our portfolio and its financial performance. This role requires a strong analytics background, financial acumen, and a desire to leverage business knowledge and data to evaluate performance. Daily activities will include creating and performing reports and analyses in support of overall deposit portfolio trends, strategy, competitor analysis, and financial performance. In addition, the Analyst will work closely with Deposit Analytics, Finance and Treasury to create reports, develop forecasts, and define performance measurement. Important to this role is a creative approach to complex analyses.
What You’ll Do at Live Oak
Build and review weekly, monthly, quarterly, and annual performance measurement- including deposit account sales and balance performance, site and funnel performance, customer engagement, and service / feature utilization
Responsible for identifying and reporting on internal and external market deposit trends
Work with Finance, Treasury, and Data Analytics to support funds transfer pricing, liquidity / balance sheet management, customer relationship pricing, and deposit portfolio performance
Assist in the development of deposit pricing strategy across interest and non-interest-bearing products
Work with the internal teams to automate and streamline reporting used to support the deposits business
How You’ll Do It
Perform ad hoc analyses as needed
Help prioritize our departmental focus on making informed decisions and measuring outcomes
Work with Marketing to develop outbound customer acquisition and/or engagement campaigns
Partner with internal and external business partners to evaluate new projects and ideas
Develop complex dynamic models and reports to support business decisions
Research and proactively identify trends that could impact the deposit portfolio or related bank financials
Work with treasury team to identify cheapest sources of funding, support liquidity models, or conduct analysis on NII
Work with FP&A team as needed to support budgeting decisions
Serve as a subject matter expert on deposits as it relates to strategy, interest rate, and portfolio trends
Communicate ideas and recommendations for deposit strategy using quantitative and qualitative support
Required and Preferred Experience
2+ years of experience in financial services, with a focus on finance, analytics, and/or portfolio management
Experience performing financial analysis, building forecasts and business models, sales and marketing analysis, use of performance management databases, and/or developing customer insights
The ability to synthesize various disparate pieces of information to develop appropriate reports, analyses, and information that will support executive decision-making
Effectively communicate complex ideas and concepts in a way that is easy to understand
Strong partnership skills and the ability to work collaboratively across various groups in the organization
History of being able to effectively meet hard deadlines
Bachelor’s degree required and an advanced degree strongly preferred
Proficiency in Microsoft Excel, including advanced functions such as XLOOKUP, pivot tables, conditional formatting, and data analysis tools, is required
Strong proficiency in SQL, with the ability to write complex queries, perform data extraction and transformation, and work with large datasets across multiple tables is preferred.
Financial analytics and/or deposit portfolio management experience strongly preferred
Required to Thrive at Live Oak
Dedication – You possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.
Ownership – You take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.
Innovation – You embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
Teamwork – You foster collaboration, accountability and trust with others and understand that together, we do more.
Respect – You treat everyone with courtesy, politeness and kindness.
Our Values
Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.
Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.
Respect: Treat everyone wi.th courtesy, politeness, and kindness.
Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more
For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/
Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at [email protected].
EEO is the Law
Commitment to Diversity
Live Oak Bank is committed to creating and maintaining a workplace in which all employees have an opportunity to participate and contribute to the success of the business and are valued for their skills, experience, and unique perspectives. This commitment is embodied in company policy and the way we do business at Live Oak Bank and is an important principle of sound business management.
Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.
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What We Do
Live Oak Bank has had the privilege of helping thousands of passionate, driven people turn their dreams into reality. These everyday heroes aren’t in it for the fortune or the fame. They’re in it to make a difference, just like we are. As one of the last banks to get a charter before the start of the Great Recession, Live Oak emerged out of the rubble of 2008 as the first bank to keep the customer at the center of the business model. We put a groundbreaking spin on what banking could be, focused on service and technology to redefine banking. Live Oak is a digital, cloud-based bank serving small business owners in all 50 states. We are the #1 SBA 7(a) lender by dollar volume* in the country and our mission is to be America’s small business bank. We aim to fulfill that mission through banking products that help business owners buy, build and expand, along with FDIC-insured checking, high-yield savings and CD accounts to grow their hard-earned money. Our family of companies under the holding and parent company Live Oak Bancshares (NYSE: LOB), and our subsidiaries, partner with businesses who share a groundbreaking focus on service and technology to redefine banking. Our mantra is to treat every customer like the only customer and our mission is to be America’s small business bank.
