Banking Supervisor

State Treasurer; Raleigh (NC); Hybrid; USD 55,000 - 97,000; Full time

Benefits offered by this job

Hybrid telework option

Job summary

State Treasurer in North Carolina seeks a Banking Manager I to supervise the Specialized Banking Unit within Banking Operations. The role ensures daily cash flow activities, reconciliations, and deposits are handled accurately, with four direct reports and potential remote work options.

The position requires a bachelor's degree in finance, accounting, or related field and at least four years of banking/financial services experience, with supervisory responsibilities. Hybrid telework is available.

Qualifications

• Experience in financial reconciliation, cash management and internal controls.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in financial software and Microsoft Excel.
• Understanding of banking principles, practices, and regulations.
• Excellent written and verbal communication; able to lead a team.

Responsibilities

• Supervise banking staff, including training, performance evaluation and discipline.
• Monitor daily cash flow, bank account reconciliation, and accuracy of records.
• Oversee processing of deposits and electronic transfers and other banking activities.
• Collaborate with banks and agencies to resolve issues and optimize services.
• Manage relationships with banking partners and negotiate terms.

Skills

Banking knowledge

Cash flow management

Financial reconciliation

Analytical skills

Excel proficiency

Team leadership

Communication skills

Education

Bachelor's degree in finance, accounting, business administration

Tools

Excel

Job description

Agency Dept of State Treasurer Division Financial Operations Division Job Classification Title Banking Manager I (S) Position Number 60009280 Grade NC15

About Us

Our mission is to preserve, protect and sustain the state’s pension and healthcare plans, generate investment returns in excess of comparable public pensions, properly account for and report on all funds that are deposited, invested, and disbursed through the North Carolina Department of State Treasurer, assure the financially sound issuance of debt for state and local governments, maintain the state’s “AAA” bond rating, and provide exemplary service across all divisions of the Department.

Description of Work

The primary purpose of this position is to supervise the Specialized Banking Unit within Banking Operations. Critical to this purpose is the oversight of the execution of the day-to-day procedures and policies necessary to accomplish the administrative, accounting and operations functions of the section, and related troubleshooting presented by the daily functions. The SBU Supervisor is responsible for 4 direct reports. On days when banks are open and the State of North Carolina is closed and transactions impacting the State’s account could be processed, this position is responsible for ensuring that the daily functions related to cash flow are completed, whether by delegation or actual completion. This includes compilation of electronic fund transfers and investment settlements that are required to maximize the State’s return on deposited funds. The SBU supervisor may provide back up support to the Cash Flow Senior Banking Specialist whose position normally completes these assignments, and the two positions may alternate these holiday assignments. This work may be completed from a remote location via Internet, with a laptop computer provided.

Duties in this position are considered essential to operations for the Department of State Treasurer. This may require mandatory, on site work during adverse or crisis situations. Essential duties are a condition of continued employment. This position is considered an essential position within FOD of the Department of State Treasurer, including but not limited to the following business processes: Cash Flow Desk, Funds Transfer, Non Main Bank Sweep, Process BAI, Wells Fargo ACH Report, STIF Deposits.

Job Responsibilities

• Supervise and coordinate the activities of banking staff, including training, performance evaluation, and disciplinary actions.
• Monitor daily cash flow, participate with bank account reconciliation, and ensure accuracy of financial records.
• Oversee the processing of deposits, and electronic transfers, and other banking transactions.
• Collaborate with financial institutions and other government agencies to resolve banking issues and optimize financial services.
• Manage relationships with banking partners, negotiating terms and services as needed.
• Provide guidance and expertise on complex banking matters to staff and other departments.

Knowledge Skills and Abilities / Management Preferences

• The anticipated hiring rate for this position is up to $77,000, based on available funding and internal equity considerations.
• The Banking Supervisor oversees and directs the daily operations of banking and financial activities within the State Treasurer's office.
• This role ensures compliance with all relevant regulations and policies, manages a team of banking professionals, and contributes to the efficient and secure management of state funds.
• Experience with financial reconciliation, cash management, and internal controls.
• Strong analytical and problem-solving skills with a high attention to detail.
• Proficiency in financial software and Microsoft Office Suite, particularly Excel.
• Understanding of banking principles, practices, and regulations.
• Excellent written and verbal communication skills, with the ability to present complex financial information clearly.
• Ability to lead and motivate a team in a fast-paced, high-volume environment with at least two years in a supervisory or leadership role.

Qualified Applicants Must Possess

• Experience with financial reconciliation, cash management, and internal controls.
• Strong analytical and problem-solving skills with a high attention to detail.
• Proficiency in financial software and Microsoft Office Suite, particularly Excel.
• Management Preferences: Understanding of banking principles, practices, and regulations.

Inquiries and applications will be kept strictly confidential.

Salary Range - $55,221 - $96,639

Position is Subject under FLSA Overtime

This position may be assigned additional job functions as needed.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice based on business conditions or as required by the agency to fulfill its mission.

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through years of education, years of directly related experience, OR a combination of both. See oshr.nc.gov/experience-guide for details. The minimum Education and Experience is a bachelor’s degree in finance, accounting, business administration, or a related discipline from an appropriately accredited institution and four years of experience in the field of banking or financial services including progressive experience in the field of banking; or an equivalent combination of education and experience.

Important: This posting closes at 11:59:59 PM the night BEFORE the End Date above. If you have student loans, becoming a state employee includes eligibility for the Public Service Loan Forgiveness Program. Visit https://studentaid.gov/ to learn more.

This position currently qualifies for a hybrid telework option with routine office and remote workdays. The NC Department of State Treasurer trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.

NC State Health Benefits

• Employees can participate in health insurance options, standard and supplemental retirement plans, and the NC Flex program (numerous high-quality, low-cost benefits on a pre-tax basis).
• Employees also receive paid vacation, sick, and community service leave.
• In addition, paid parental leave is available to eligible employees.

The North Carolina Department of State Treasurer (DST) is an Equal Opportunity Employer that embraces an Employment First philosophy, which consists of complying with all federal laws, state laws, and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job.

For more information about DST: NCTreasurer | NC Treasurer.

DST uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.

Background Check

Applicants will be subject to a criminal background check.

The selected candidate will be subject to a criminal history background check through Castle Branch. One or more of the following may also be reviewed, depending on the nature and requirements of the position: employment history, professional references, credit history, and educational verification (i.e., degree, license, or official transcript). The selected candidate will be required to pass the background check to the satisfaction of the North Carolina Department of State Treasurer. All offers of employment are conditional until the satisfactory completion of the background check.

Contact Information

If there are any questions about this posting, other than your application status, please email the NC Department of State Treasurer at [e-mail].

The Department of State Treasurer's campus is located on Atlantic Avenue, is surrounded by many shopping centers and restaurants, has access to a 24-hour 7-day a week free gym on the campus, and has free employee parking.

State Application Resources / Frequently Asked Questions

Valuing Education and Experience The State of North Carolina values the knowledge and experience of our jobseekers and current state employees. Approximately 91 percent of state job classifications allow experience to be substituted for education or do not require a post‑secondary degree. Learn more about how you may qualify for a position through education or directly related experience, or a combination of both, with the Education and Experience Equivalency Guide. All job postings close at 11:59pm the night before the End Date on the posting.