Cash Management Services Manager

Loomis-; Portland (ME); On-site; USD 75,000 - 80,000; Full time

Benefits offered by this job

Vacation & PTO

Health Insurance

Dental Insurance

Vision Insurance

401(k)

Life Insurance

HSA/FSAs

Dependent Care Account

Training & Development

Job summary

Loomis is seeking an Operations Manager for the Cash Vault in Portland, ME to oversee the branch and staff, directing daily deposit verifications, change orders, and currency inventories while ensuring funds security.

Responsibilities include liaising with customers, partners and Region Cash Management to shape policies and communicate changes across the Branch, while driving performance and staff development.

Qualifications

• Minimum 5 years’ experience in the Banking industry.
• Experience with cash or check processing, highly preferred.
• Experience in a fast paced, deadline driven production environment.
• Experience in meeting production goals and financial targets.
• Proven ability building a high performing and diverse work force.
• Must have excellent communication and customer service skills.
• Proven leadership, decision making and delegation experience.
• Ability to work independently and in a matrix managed environment.

Responsibilities

• Manage department operations and subordinates in the Cash Vault.
• Plan and direct daily activities including deposit verifications, change order preparations and currency coin inventories management.
• Ensure accountability and security of all funds transiting within the department.
• Interact with customers, business partners and Region Cash Management to develop policies and communicate changes.

Skills

Leadership

Decision making

Delegation

Communication

Customer service

Staff management

Education

Bachelor's degree in Business or Finance

Job description

Salary Range: $75,000-$80,000 per year

Position is Bonus eligible 25%

Job Overview

• This position is responsible for managing directly and through subordinates, operational and production activities in the Cash Vault with responsibility for the branch and their associates.
• Plans and directs daily activities for the department; to include deposit verifications, change order preparations and currency coin inventories management.
• Ensures accountability and securities of all funds transiting within the department.
• Interacts and participates with customers, business partners and Region Cash Management in the developments of associated policies and procedures, and communicates change throughout the Branch

Accountabilities

• Providing services to large banks, correspondent and niche banks, large corporate and small commercial entities, and coin and ATM customers
• Ensure accountability and security of all funds transiting the department
• Serve as liaison with the Federal Reserve Bank, banks, thrift charters, and commercial customers to identify and resolve problems; develop associated policies and procedures, and communicate change throughout the organization
• Exercise usual managerial authority regarding staffing, hiring, performance appraisals, promotions, salary increases, terminations, and staff development for a growing department
• Establish and review operating systems and procedures within the branch and dependent procedures outside the department; and update as needed to ensure process effectiveness and control, accountability, and security of all cash movement and inventory information
• Communicate with internal, bank, or commercial customers to address and resolve problems, special requests, and/or discrepancy situations
• Analyze complex factors to decide appropriate actions, and resolve situations not covered by set policies or procedures
• Sets and communicates clear goals while driving for results and creating a high performing work force focusing on staff moral and teamwork.
• Develop plans to reduce or eliminate operational inefficiencies.
• Other duties as assigned.

Primary Requirements

• Minimum 5 years’ experience in the Banking industry
• Experience with cash or check processing, highly preferred.
• Experience in a fast paced, deadline driven production environment.
• Experience in meeting production goals and financial targets.
• Proven ability building a high performing and diverse work force.
• Must have excellent communication and customer service skills.
• Proven leadership, decision making and delegation experience.
• Ability to work independently and in a matrix managed environment.
• Bachelor’s degree in Business; Finance or like field, a plus.

Benefits

Loomis offers one of the most comprehensive employees benefit packages in the industry, which includes:

• Vacation and Sick Time (PTO) as well as Paid Holidays
• Health & Dental Insurance
• Vision Insurance
• 401(k) Plan
• Basic Life Insurance Plan
• Voluntary Life Insurance Plan
• Flexible Spending and Health Savings Account
• Dependent Care Account
• Industry leading Training and Development