Job Information
Tower Federal Credit Union Market Research Analyst in Laurel, Maryland
Description
$1000 Signing Bonus effective 1/20/2024
Note: All full-time positions include the option of $0 out-of-pocket premium cost for Employee Only PPO AND exceptionally low premiums for all other PPO coverage levels
Hours: 8:00am-4:30pm M onday-Friday
Hiring Range - $31.17/hr - $38.97/hr
Summary of Position
The Market Research Analyst conducts member research, analyzes member preferences and performs competitive research. Responsibilities include gathering and interpreting market and member research data, generating reports, and presenting findings to stakeholders.
Principal Accountabilities and Functions
Assists in aggregating and analyzing internal and external data to help make data-driven recommendations to improve the member experience, increase member value, increase product/service usage, and enhance earnings/profitability
Develops member segmentation models and target lists for marketing promotions and campaigns
Provides ad-hoc modeling and analysis, including member research, market sizing, economic analysis, statistical analysis, and competitive research to support various projects, product/service recommendations and strategic initiatives
Creates, manages, analyzes and reports on member surveys and focus groups
Measures the effectiveness of marketing campaigns
Conducts research to determine the probability of a product or service's success
Partners with marketing and business units to determine promotional objectives
Analyzes and provides insights on key consumer trends and preferences
Perform other duties as assigned
Required Qualifications
BS in marketing, mathematics/statistics or related field
2-5 years of experience in marketing, market research or data analysis
Financial services and/or credit union experience preferred
Proven Market Research Analysis experience
Or, an equivalent combination of education and experience.
Knowledge, Skills and Abilities
Strong analytical critical thinking and problem-solving skills
Strong proficiency of data collection methods (polls, focus groups, surveys etc.)
Ability to interpret large amounts of data and to multi-task
Ability to collect pertinent data, establish facts and draw valid conclusions, as well as formulate ideas and recommendations.
Strong communication and presentation skills
Deep understanding of evolving consumer preferences
Excellent communication and collaboration skills
Familiarity with marketing technology and software (Hubspot, SalesForce, Adobe Marketing Cloud)
Working knowledge of data warehousing, modelling and Power BI
Ability to prioritize tasks and complete daily job assignments.
Ability to work with external sources to conduct research.
Ability to present self professionally and to work effectively with outside vendors and research networks.
Ability to maintain sensitive and confidential information.
Be a self-starter who is continuously learning to develop new and improve existing knowledge and skills.
Has knowledge of and adheres to credit union policies and procedures and all regulations related to the bank Secrecy Act, the USA Patriot Act and OFAC.
Working Conditions
Ability to work the hours needed which may extend beyond the defined work schedule when operating conditions dictate.
Ability to lift up to 15 lbs., with or without assistance, in compliance with ADA.