SVP, Cash Management Officer
Main Street Bank · Marlborough, MA · 6 days ago
Hybrid$140k–$180k/yrFull-time
Title: SVP Cash Management Officer FLSA Status: Exempt Employment Status: Full TimeDepartment: Commercial Lending Location: Headquarters / Hybrid Work Model EligibleReports To: SVP Chief Commercial Lending OfficerSalary Range: $140,000 - $180,000 / year SUMMARY:Working within the Cash Management Department, the SVP Cash Management Officer provides expertise and leadership within the Cash Management Department and collaborates with Relationship Banking, Commercial Lending and retail requests for commercial clients seeking cash management products and services. Acts as front-line cash management sales, service and relationship manager for commercial clients and performs routine site visits. Effectively manages and services some of the largest commercial relationships of the bank. Responsible for the development and sale of cash management products and services as well as uncovering other business deposit product and service opportunities. Oversees the onboarding of Cash Management products and services. Analyzes the needs of existing and prospective business customers of the Bank and works with the relationship team to recommend new strategies, including the implementation of new products and services. Collaborates with the SVP Cash Management Service and Implementation Officer on projects that affect the department and the bank as a whole and acts as a resource for other team members. Oversees and manages the activities and productivity of the Client Service personnel responsible for deposit account opening and day-to-day client management. Additionally, this position embraces the established sales and service culture to maximize their contribution to the Bank’s goals. SKILLS REQUIRED: Bachelor’s degree and/or equivalent experience (typically 10+years) related banking experience with progressive leadership responsibilities preferably in a Cash Management environment.Extensive background in financial institution operating policies and procedures, banking regulations (state and federal)Project coordination/management experienceProficient in Microsoft 365 Office Suite products and the InternetGood working knowledge of Data Processing Systems required (COCC preferred)Project coordination/management experienceSolid understanding and application of administration activities with an understanding of office procedures and ability to operate standard office equipment.Means and mode to travel to any of Main Street Bank’s locations and/or customers as needed on a regular basis. AMERICANS WITH DISABILITIES ACTMain Street Bank complies with all aspects of the Americans with Disabilities Act (ADA) and state disability laws. This means that we will not discriminate against qualified individuals with a disability in any phase of the employment relationship including application for employment, hiring, promotions and/or advancement opportunities, termination, compensation, training and any other conditions or privileges of employment.