Hancock Bank - New Orleans, LA

posted 3 months ago

Full-time
New Orleans, LA

About the position

The Product Business Analyst position is a critical role within the Product team, primarily focused on overseeing data analysis, reporting, and model validation needs. This position plays a vital part in assisting with market research and analysis, leveraging findings and insights to define opportunities for product development and enhancements. The analyst will serve as the team's technical subject matter expert and act as a liaison between Delivery Channels, which include both Digital and In-Branch services, as well as Technology and Information Management departments. In this role, the analyst will manage data retrieval, compilation, and analysis for the team. This involves collaborating with information management teams, application managers, applicable vendors, and other business partners to locate, identify, and understand all relevant data elements and definitions. The analyst will assist in resolving any data gaps that may arise to ensure the successful execution of their duties. Additionally, the analyst will be responsible for developing and maintaining dashboards, metrics, and reports, as well as executing automated reporting strategies to streamline processes. The position also supports model validation and internal audit requirements of the team, ensuring compliance and accuracy in reporting. The analyst will assist with market and industry research to gain a better understanding of the competitive landscape related to assigned product lines, identifying product and pricing gaps that need to be addressed. Furthermore, the analyst will support the development of business cases and projects related to product acquisition, development, and enhancements, working closely with the team to balance product profitability with risk and customer experience in alignment with the organization's strategic goals. Continuous identification of process improvements, efficiency opportunities, and product risks/issues will also be a key responsibility of this role.

Responsibilities

  • Manage data retrieval, compilation, and analysis for the Product team.
  • Collaborate with information management teams, application managers, vendors, and business partners to identify and understand relevant data elements.
  • Assist in resolving data gaps to perform duties effectively.
  • Develop and maintain dashboards, metrics, and reports; execute automated reporting strategies.
  • Support model validation and internal audit requirements of the team.
  • Conduct market and industry research to understand the competitive landscape and identify product and pricing gaps.
  • Support the development of business cases and projects related to product acquisition, development, and enhancements.
  • Work with the team on strategies that balance product profitability with risk and customer experience.
  • Continuously identify process improvements, efficiency opportunities, and product risks/issues.

Requirements

  • Bachelor's degree in a business, finance, or quantitative discipline; Master's degree preferred.
  • Advanced understanding of financial reporting, analytics, and modeling.
  • Experience with data management tools such as Power BI, SAS, and SQL.
  • Advanced Excel skills.
  • 5+ years of prior analytics, data management, model validation, and/or related experience.

Nice-to-haves

  • Knowledge of bank operating systems and regulations governing bank products.
  • Demonstrated financial management skills with the ability to perform analysis that delivers incremental value through support of product and pricing initiatives.
  • Proven collaboration, influencing, and consensus-building skills that support leading and managing teams.
  • Proficiency in using other Microsoft Office products including Outlook, Word, and PowerPoint.
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