Job Description

Additional Considerations (if any):

At Midwest Heritage, the core of our culture is taking care of the customer and taking care of each other. Our employees appreciate that their contributions make a direct impact on the success of our business as well as their own personal and professional growth.

Midwest Heritage Bank
Job Title: Director, Deposit Growth
Department: Banking
FLSA: Exempt
General Function: The Director of Deposit Growth is responsible for leading the strategy, execution, and management of initiatives that drive deposit acquisition, retention, and portfolio growth across the organization. This role collaborates with retail banking, marketing, digital banking, commercial insurance, lending, wealth management and treasury management to develop and execute deposit strategies in alignment with the bank's overarching growth objectives The Director will track deposit performance, analyze trends, and recommend rates, new products, services, and campaigns to strengthen the bank's deposit portfolio.
Core CompetenciesStrategic thinker with strong business acumen. Results-oriented, with strong execution and follow-through. Collaborative leadership style. Strong regulatory and compliance knowledge. Critical thinking - analytical. Customer-centric mindset.

Reporting Relations:
Accountable and Reports to: President
Positions that Report to you: Treasury Management Officer
Primary Duties and Responsibilities:Develop and execute strategies to grow public funds, retail and commercial deposit balances, increase market share, and enhance profitability. Manage pricing of all deposit products in conjunction with ALCO committee Create debit card strategy to increase usage and income Partner with Marketing to develop campaigns that drive deposit growth and customer engagement. Monitor deposit portfolio performance, market conditions, interest rate environment, and competitor activity. Ensure compliance with all banking regulations, policies, and procedures related to deposits. Collaborate with treasury management and finance to optimize deposit pricing, liquidity, and interest expense management. Foster strong relationships with customers, communities, and internal partners to support growth and retention. Collaborate with all departments including compliance/audit to minimize fraud

Knowledge, Skills, Abilities, and Worker Characteristics:Must have a friendly positive attitude, strong written and verbal communication skills and the ability to approach people. Self-motivation, strong work ethic and the ability to build personal relationships with other employees and clients will be essential in this position. Critical thinking and good judgment to quickly determine and prioritize key issues. Must be able to work independently with little supervision. Excellent organizational skills, detail orientation, multi-tasking and follow-up skills. Proficiency in Excel, experience with Power BI, and strong data management interpretation skills.

Education and Experience:Bachelor's degree in finance, Business Administration, or related field (MBA preferred). 7+ years of experience in banking with a focus on deposits, product management, or retail/commercial strategy. Strong understanding of deposit products, pricing and balance management Proven track record of deposit growth and strategic leadership. Expertise in treasury management Excellent analytical, communication, and relationship management skills. Ability to lead cross-functional teams and drive organizational change.

Physical Requirements:This position is classified sedentary/light and requires the ability to sit for long periods of time. Visual requirements include: ability to see detail at near range with or without correction. Must be able to perform the following physical activities: sitting for long periods, talking (in person and by telephone), hearing and repetitive motions.

Working Conditions:The duties of this position are normally performed in a general office setting. This is a fast paced work environment. There is frequent pressure to meet deadlines and handle multiple projects in a day. Minimal travel

Equipment Used to Perform Job:
PC with Microsoft Office programs.
Contacts:
This position works with Midwest Heritage employees, customers, Hy-Vee employees, vendors and outside agents doing direct business with Midwest Heritage
Confidentiality:
This position has the responsibility to protect the privacy and confidentiality of customers, employees and bank/insurance/financial information at all times.
In the performance of their respective tasks and duties all employees are expected to:Follow all state and federal regulatory requirements and complete assigned training courses within the required timeframes. Perform quality work within deadlines. Interact professionally with other employees, customers and suppliers. Work effectively as a team contributor on all assignments. * Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.