Cash Management Operations Manager
Job Details
Management
Redstone II - Mountlake Terrace, WA
Full Time
4 Year Degree
Day
Banking
Description

Full vaccination against COVID-19 is a requirement for employment at 1st Security Bank of Washington.  Accommodations for sincerely held religious beliefs or medical conditions contraindicating the vaccination may be requested.  Requests for required forms should be directed to careers@fsbwa.com 

 

A GREAT PLACE TO WORK AND BANK  

Join our team!  1st Security Bank team members deliver service that "WOWs" each other and our customers. We value relationships, teamwork, community, and professional growth in a safe, friendly, and progressive workplace. We celebrate diversity and support equality for all. If you share these core values and are committed to career excellence, let us help you reach your dreams!

 

1st Security Bank is looking to find a dynamic individual to fill our Cash Management Operations Manager position in our Business Service & Treasury department at our Redstone II location! If you are the type of individual that would enjoy working at one of the Puget Sound's Best Places to Work for 6 years in a row and focuses on providing an exceptional client experience, then 1st Security Bank is the place for you. 1st Security Bank was named a bronze medal winner in its class in the Puget Sound Business Journal's Best Workplaces contest in its first year nominated and is also consistently rated a 5 star Bank in Washington State by Bauer Financial, an independent bank rating firm.

 

POSITION SUMMARY:

Responsible for on boarding, implementing, and executing on product and service project that pertain to creating a robust Cash Management Product Suite to sell to clients and prospects of all depository divisions of the bank.Responsible for on boarding, implementing, and executing on product and service project that pertain to creating a robust Cash Management Product Suite to sell to clients and prospects of all depository divisions of the bank.

 

Responsibilities for sales, service, leveraging partnerships, teamwork and must be able to provide fulfilment requests for Treasury Management Products.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

  • Maintains knowledge of treasury products, services, and their functions in the world of cash management along with trends impacting client’s banking activities including technology advances and compliance/regulatory trends.
  • Ensures treasury products and services are reviewed for efficiency and client satisfaction, for bank retention of vendor or product and service.
  • Perform tasks as the project lead for the Treasury Management Team on researching and implementing treasury products and services
  • Create White Papers on the ‘why’ products and services should be added, enhanced  or removed from the Bank’s treasury product suite including understanding potential limitations on products to be considered based on bank size   
  • Demonstrates a commitment to process improvement, client facing operating efficiencies with a reduction in operating costs, when possible, client costs analyzed with the idea of client retention/prospecting along with department profitability with all projects.
  • Document and follow up on important actions and decisions from Bank meetings including Treasury Team, Product Committee and potentially Operational Oversight Committee.
  •  Ensure that updates on project status to TMO and/or others are completed timely
  • Ensure treasury project timelines are met.
  • Collaborates with other bank department managers and employees to organize, create and implement projects, using the bank's core values and policies as a guide.
  • Ensure treasury projects adhere to framework and all documentation is maintained appropriately for each project.
  • Ensure team members are equipped with the knowledge and guidance on all projects and are trained on treasury products as appropriate. .
  • Being a division liaison with the bank’s project management team to help facilitate with the TMO when vendors need to be reviewed including new product/service on-boarding
  • Provide  cash management support to commercial clients as needed.
  •  Available for projects pertaining to client retention and prospect proposals
  • Performs other duties as assigned.

 

YOU WILL BE ELIGIBLE FOR:

  • Full medical, dental, and vision coverage for individual or family plan.
  • Life insurance.
  • Long- and short-term disability insurance.
  • 401K matching program.
  • Paid sick and vacation time.

 

OUR CORE VALUES

  • Relationship Driven - we strive to "WOW" (surprise, excite and delight) each other and our customers.
  • Ethicalfair, honest and act with integrity. 
  • Lead by Example maintain a positive attitude, show respect for others, and have some fun!
  • Accountable - we take our responsibilities seriously and we meet our commitments with urgency.
  • Team Player - dependable, enthusiastic contributor to team success and to the greater good of the bank.
  • Embrace Dreams - we encourage each other to reach for our dreams.
  • Diversity - we celebrate diversity and support equality for all.
  • Community Oriented - we actively support our communities and the Bank's CRA initiatives.
  • Open and Honest Communication - always professional, responsive, and timely.
Qualifications

EDUCATION and/or EXPERIENCE:

  • Bachelor’s degree and at least 5-10 years’ experience in Cash Management; or equivalent combination of education and experience.
  • Thorough cash management operational and product knowledge and of knowledge of all applicable Regulations that pertain to this position is required.

 

COMPUTER SKILLS:

To perform this job successfully, an individual should be proficient in Microsoft Office Products and other Database software.

 

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • The employee will operate in a general office environment, using office equipment such as a phone and a computer.  The employee must be able to bend and squat occasionally when accessing safety deposit boxes or storage. 
  • The employee will be required to use transportation to visit client and potential client businesses in a variety of industries and work environments.
  • The noise level in the work environment is usually quiet to moderate as compared to a private office with light foot traffic and office equipment.  The employee must be able and willing and able to interact frequently with the general public.

 

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