Banking Consultant II

Socket.dev; Waite Park (MN); On-site; USD 40,000 - 60,000; Full time

Benefits offered by this job

Tuition Reimbursement

Paid Time Off

Medical

Dental

Vision

Employer paid Life Insurance/AD&D

Employer paid Disability Insurance

Retirement Plan - Employer match up to

Paid Parental Leave

Bonus/Incentive Program

Health and Wellness Programs

Job summary

Magnifi Financial is hiring a Banking Consultant in Minnesota to assist members with transactions, promote digital banking solutions, and educate on products and services. You will handle cash operations, card activations, and routine account services while delivering excellent customer service.

The role emphasizes sales experience and financial institution exposure, with opportunities for growth and involvement in community relations.

Qualifications

• High school diploma required; two-year degree preferred.
• 6 months experience in a financial institution required (for Level II designation/pay range)
• Customer service and/or sales experience required
• Notary Public designation in this position is optional

Responsibilities

• Assists members with all transactions.
• Creates a remarkable member experience by responding and providing resolutions to member requests with expertise.
• Consults with members to identify and recommend Magnifi Financial products and services based on financial need.
• Maintains cash drawer, cash recycler and the day-to-day operation of ATM machines (deposit and restocking of ATM).
• Performs a wide range of account services including mobile/debit services and transfers.
• Troubleshoots and helps solve member issues.
• Initiates wires within approval limits.
• Processes new account applications for basic consumer accounts.
• Encourages adoption of digital solutions (mobile banking, digital banking).
• May perform opening and/or closing duties for the branch.
• Contributes to the overall success of the branch.
• Participates in community relations efforts.

Skills

Customer service

Sales

Communication

Problem-solving

Education

High school diploma

Two-year degree preferred

Job description

POSITION SUMMARY

Responsible for consulting with Magnifi Financial members in person, on the phone and through digital channels. Educates, recommends, and sells products and services to members, including digital solutions. Performs member transactions in a timely, accurate and courteous manner.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Assists members with all transactions.
• Creates a remarkable member experience by responding and providing resolutions to member requests with expertise.
• Consults with members to identify and recommend Magnifi Financial products and services based on financial need. Makes referrals to appropriate departments.
• Responsible for maintaining cash drawer, cash recycler and the day-to-day operation of ATM machines (deposit and restocking of ATM).
• Performs a wide range of account services including, but not limited to setting up mobile deposit, mobile banking and digital banking, credit and debit card activation, debit card inquiries, transfers, funding loans, handling debit card inquiries, address changes, stop payments, transfers, check orders, etc.
• Troubleshoots and helps solve member issues.
• Initiates wires within approval limits.
• Processes new account applications for basic consumer accounts.
• Transforms the way banking is done by encouraging and coaching members to adopt new digital solutions (mobile banking, digital banking, ATM’s).
• May perform opening and/or closing duties for the branch.
• Any additional projects or duties as assigned.
• Contributes to the overall success of the branch.
• Contributes to the mission and visibility of Magnifi Financial by actively participating in community relations efforts.

EDUCATION AND EXPERIENCE

• High school diploma required; two-year degree preferred
• 6 months experience in a financial institution required (for Level II designation/pay range)
• Customer service and/or sales experience required
• Notary Public designation in this position is optional

BENEFITS

We are committed to investing in our team! Magnifi Financial offers benefits that help everyone achieve their full potential. Full-time employees are eligible for the following benefits (benefits with an asterisk are also available to eligible part-time positions):

• Opportunities for Training and Development *
• Leadership Development *
• Job Level Advancement (ability to move up in your position through training and development) *
• Tuition Reimbursement *
• 32 Hours Volunteer Paid Time Off *
• Paid Time Off - starting at 4 weeks per year for FT; prorated for PT *
• Medical
• Dental
• Vision
• Employer paid Life Insurance/AD&D
• Employer paid Disability Insurance
• Retirement Plan - Employer match up to 4%, eligible for annual profit sharing *
• Paid Parental Leave
• Bonus/Incentive Program
• Health and Wellness Programs *

Pay Transparency:

Salaries vary based on factors such as location, internal equity, skills, experience, education, and qualifications for the role.

Total compensation package varies based on position and may include bonuses, performance-based incentives, commission, and/or discretionary bonuses.

• Level I Banking Consultant (some previous related sales and/or customer service experience): $17.80 - $26.70/hour
• Level II Banking Consultant (6+ months of banking and/or credit union experience): $19.28 - $28.92/hour

Who We Are:

At Magnifi Financial, we offer a collaborative, friendly environment where we support our employee's growth and development, and create a positive work atmosphere.As a member-owned organization, we are focused on making dreams come true for our members. Our vision is enhancing the lives of members and community through strength, service and growth.

Magnifi Financial has grown to more than 85,000 members, $2.5 billion in assets, over 400 employees, and over 26 branch locations throughout Minnesota and North Dakota. But what hasn’t changed is our focus on the members and communities we serve.