Drew Eddinger Email & Phone Number

Middletown, De, Us

Middletown, De, Us

Wilmington, Delaware, United States

Provide leadership for the vision, strategy, and execution for all commercial facets of retail deposit program with primary accountability for product marketing, pricing, forecasting, portfolio management, and profitability Provide financial and portfolio performance insight and guidance in the development and execution of marketing, product development, and capability enhancements Manage complete financial performance including profit/loss, product pricing, portfolio forecasting… Show more Provide leadership for the vision, strategy, and execution for all commercial facets of retail deposit program with primary accountability for product marketing, pricing, forecasting, portfolio management, and profitability Provide financial and portfolio performance insight and guidance in the development and execution of marketing, product development, and capability enhancements Manage complete financial performance including profit/loss, product pricing, portfolio forecasting, budgeting, expense management, and more Direct business unit analytics initiatives including developing reporting with finance, strategic analytics, and external vendors, analyzing results, and providing portfolio insight to drive strategic decision making Guide and oversee all marketing strategy and execution efforts for deposits business Lead financial analyses to drive understanding of customer behaviors, guide key decisions on product pricing, and identify opportunities for overall improvement Act as business performance and strategy SME and liaison to organization including communication with key stakeholders at the VP and director levels and above  Represent deposits business on key working groups and forums including ALCO, FTP Curve Setting, CCAR, Risk, Financial Forecast, Data Quality, and Model GovernanceAccomplishments Drove $3.5B growth (24% increase) in deposit portfolio balance from 2022-2024 Designed, developed, and facilitated go-to-market strategy for launch of company’s first existing-customer marketing (ECM) program; first campaign drove $176M in balance growth Show less

Wilmington, De

Drove growth and development across commercial aspects of retail deposits business. Forecasted, analyzed, and reported on all aspects of the deposits portfolio including financials  Created pricing recommendations and presented to management on a weekly and ad-hoc basis Monitored, analyzed, and reported on market environment and competitor movements  Developed forecast models incorporating new balance growth, savings back book performance, CD maturities, marketing spend, and… Show more Drove growth and development across commercial aspects of retail deposits business. Forecasted, analyzed, and reported on all aspects of the deposits portfolio including financials  Created pricing recommendations and presented to management on a weekly and ad-hoc basis Monitored, analyzed, and reported on market environment and competitor movements  Developed forecast models incorporating new balance growth, savings back book performance, CD maturities, marketing spend, and early terminations Expanded and improved analytical set using combination of SmartView data and strategic analytics Served as SME on portfolio and broader retail deposits market Built strong internal relationships with partners and managers to foster collaboration on customer, product, and marketing initiativesAccomplishments Achieved $150M+ cost of funds savings from Apr. 2017-Feb. 2020 in navigating deposit portfolio through last interest rate cycle Created bank’s first approved deposits forecast model which included balance growth, balance attrition, account growth/attrition, marketing spend, and rate pricing; completed build, IVU review, and approval within six months Show less

Wilmington, De

Managed expenses for multiple business units including Marketing, Strategical Analytics, Risk, Branded, Deposits, and executive team. Served as dedicated financial partner working directly with departments heads and senior management Produced comprehensive monthly financial forecasts based on trends and performance that provide insight into all lines of expense down to general ledger level by product code driven by Essbase data Analyzed actual performance versus budget, forecast,… Show more Managed expenses for multiple business units including Marketing, Strategical Analytics, Risk, Branded, Deposits, and executive team. Served as dedicated financial partner working directly with departments heads and senior management Produced comprehensive monthly financial forecasts based on trends and performance that provide insight into all lines of expense down to general ledger level by product code driven by Essbase data Analyzed actual performance versus budget, forecast, and outlook monthly Provided variance explanations to business partners and leadership teams using operational metrics to determine impact on department expenses Partnered with business units to develop monthly business plans and long-term strategic forecasts Show less

Newark, De

Steered reporting and analytical growth across the Customer Care MI organization. Built, prepared, and analyzed reports highlighting trends on key performance indicators, key issues, and relationships to individual, functional, and departmental results Integrated various improved reporting systems which created efficiencies and increased effectiveness by limiting manual inputs Coordinated with management by providing forecast models for staffing and call volume projections with… Show more Steered reporting and analytical growth across the Customer Care MI organization. Built, prepared, and analyzed reports highlighting trends on key performance indicators, key issues, and relationships to individual, functional, and departmental results Integrated various improved reporting systems which created efficiencies and increased effectiveness by limiting manual inputs Coordinated with management by providing forecast models for staffing and call volume projections with trend analysis related to cost and productivity across the full card platform Managed, tracked, and verified monthly supplier staffing billable hours and cost spanning three locations on two continentsAccomplishment Saved equivalent of a full-time employee by automating daily report distribution Show less

Wilmington, De

- Analyze and report cost, service trends, and key operating statistics using Access, Excel, and VBA. - Design, develop and deliver accurate and timely daily, weekly, monthly, and ad-hoc reports. - Work closely with all levels of management by providing various forecast models for budget projection and trend analysis related to cost and productivity. - Work with Accounts Payable and Human Resources to ensure accurate and timely processing of performance incentives and balancing of… Show more - Analyze and report cost, service trends, and key operating statistics using Access, Excel, and VBA. - Design, develop and deliver accurate and timely daily, weekly, monthly, and ad-hoc reports. - Work closely with all levels of management by providing various forecast models for budget projection and trend analysis related to cost and productivity. - Work with Accounts Payable and Human Resources to ensure accurate and timely processing of performance incentives and balancing of GL accounts. - Post reports to, edit, and manage the departmental Intranet page using HTML code. - Work on various projects as a primary tem member to support all data and reporting needs to identify all issues and opportunities within the project scope. - Audit various procedures for completeness and correctness annually identifying cost and time saving opportunities including RAP payments, employee, contractor, and AAR memberships. Show less

Wilmington, De

- Design, develop, and present all budget, forecast, variance, and project reports for all of IT. - Forecast, track, and analyze a multi-million IT budget spread across 20 budget centers. - Research and explain all monthly variances regarding the IT budget including tracking all accruals. - Analyze previous budget information and future IT project plans to devise a budgetary outlook for the coming year. - Process, approve, submit, and track all invoices involving the IT… Show more - Design, develop, and present all budget, forecast, variance, and project reports for all of IT. - Forecast, track, and analyze a multi-million IT budget spread across 20 budget centers. - Research and explain all monthly variances regarding the IT budget including tracking all accruals. - Analyze previous budget information and future IT project plans to devise a budgetary outlook for the coming year. - Process, approve, submit, and track all invoices involving the IT department or IT related expenses. - Partner with departmental mangers to develop monthly budget plans and long term forecasts. Show less

Wilmington, De

- Manage files pertaining to vendor distribution of funds that are downloaded from email. - Upload files into Globalware, working with various reporting formats to mine data timely across multiple travel commission providers. - Prepare reconciliations daily in order to meet strict weekly deadlines to accurately close and post a Vendor Commission Deposit within a 5-day business standard. - Verify the integrity of every invoice to every cash receipt they post to determine mathematical… Show more - Manage files pertaining to vendor distribution of funds that are downloaded from email. - Upload files into Globalware, working with various reporting formats to mine data timely across multiple travel commission providers. - Prepare reconciliations daily in order to meet strict weekly deadlines to accurately close and post a Vendor Commission Deposit within a 5-day business standard. - Verify the integrity of every invoice to every cash receipt they post to determine mathematical compliance and integrity/validity of Agent invoicing. Show less

Master Of Business Administration (M.B.A.), Concentration In Finance

Bachelor'S Degree, Accounting & Information Systems

Associate'S Degree, Accounting