Retail Branch Manager at CXI, Elizabeth NJ

Neolife Updates

Elizabeth (NJ)

On-site

USD 50,000 - 53,000

Full time

7 days ago
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Job summary

Currency Exchange International, located at The Mills at Jersey Gardens in Elizabeth, NJ, seeks a Full-Time Retail Branch Manager to lead daily operations, ensure compliance, and drive performance toward budget targets. The role emphasizes staff training, inventory control, and customer service within a regulated financial environment.

Ideal candidates will have strong AML knowledge, experience in currency reconciliation, and proven leadership in a retail or financial services setting, with a

Qualifications

  • Enforce Retail Policy Procedure Manual guidelines and ensure AML and compliance adherence.
  • Reconcile daily currency inventories and maintain detailed transaction records.
  • Drive branch performance in line with budget targets.
  • Organize and deliver comprehensive training for new employees.
  • Maintain currency stocks and manage wholesale ordering for seasonal demand.
  • Promote branch services through referrals, marketing, and outreach.
  • Maintain branch appearance and positive landlord relationships.
  • Ensure adherence to retail security policies and manage costs.

Responsibilities

  • Oversee daily branch operations and compliance
  • Reconcile currencies and document transactions and inventory
  • Lead staff training on processes and AML controls
  • Drive branch performance toward budget targets
  • Manage inventory, security, and cost controls
  • Promote services through marketing activities

Skills

Compliance Management
Financial Operations
Staff Development
Inventory Control
Marketing Execution
Security & Cost Management
Business Insight
Decision Quality
Builds Effective Teams

Job description

Currency Exchange International (CXI), a publicly traded financial services and technology provider headquartered in Orlando, Florida, is seeking a Full-Time Retail Branch Manager for its branch at The Mills at Jersey Gardens in Elizabeth, NJ. CXI delivers a wide range of foreign exchange solutions across North America through company-owned retail locations and institutional partnerships, and this role calls for a leader who can balance operational compliance with branch performance.

Full-Time Retail Branch Manager - Currency Exchange International, Elizabeth, NJ
Role Overview

The branch manager oversees daily retail operations, ensuring the location meets budget targets while adhering to strict compliance and anti-money-laundering regulations. The position demands hands-on leadership in inventory reconciliation, staff training, customer engagement, and cost control - all grounded in CXI's values of customer-first service, integrity, collaboration, innovation, and passion.

Key Responsibilities
  • Compliance Management: Enforce Retail Policy Procedure Manual guidelines and ensure adherence to all money laundering and compliance regulations
  • Financial Operations: Reconcile daily inventories of foreign and US currencies; maintain accurate, detailed records of transactions, expenses, and inventory levels
  • Performance Leadership: Drive the branch to maximum performance in line with budget targets
  • Staff Development: Organize and deliver comprehensive training for all new employees
  • Inventory Control: Maintain adequate currency stocks and manage wholesale ordering to support seasonal volume demands
  • Marketing Execution: Promote branch services through referral flyer distribution, web marketing, and check cashing outreach
  • Facility Oversight: Maintain branch appearance and an excellent working relationship with the landlord
  • Security & Cost Management: Ensure adherence to retail security policies and help control operational and staffing expenses
Core Competencies
  • Business Insight
  • Decision Quality
  • Optimizes Work Processes
  • Navigating Challenging Conversations
  • Builds Effective Teams
  • Functional Management Skills
Schedule
  • 40 hours per week
  • Monday-Friday, 9:00 AM to 5:00 PM (coverage may be needed on other days if call-outs occur)
Compensation

This full-time role offers a verified annual salary of USD 50,000-53,000.

Application Tips for Finance and Sales Professionals
  • Highlight AML Knowledge: Foreign exchange roles require strict compliance. Reference any anti-money laundering training or certifications (e.g., CAMS) in your application materials
  • Showcase Inventory Reconciliation Experience: Emphasize instances where you managed cash vaults, daily reconciliations, or multi-currency inventory - this maps directly to core responsibilities
  • Quantify Sales Achievements: CXI values branch performance against budget. Use specific metrics such as revenue growth percentages or transaction volumes to demonstrate your track record
  • Demonstrate Retail Leadership: Mention experience training staff on compliance protocols and customer service standards in a retail banking or currency exchange environment

CXI is an Equal Opportunity Employer committed to diversity in recruitment and hiring.

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