SVP Cash Management Officer

Main Street Bank; Marlborough (MA); Hybrid; USD 140,000 - 180,000; Full time

Job summary

Main Street Bank in Marlborough, MA is seeking an SVP Cash Management Officer to lead the Cash Management Department, partnering with Relationship Banking, Commercial Lending and retail teams to deliver cash management products to commercial clients.

This exempt, full-time role offers a hybrid work arrangement after training and requires a strong background in banking regulations, client relationship management and sales leadership to drive revenue and service excellence.

Qualifications

• Bachelor’s degree or equivalent with 10+ years banking leadership experience.
• Strong knowledge of banking regulations (state and federal) and operating policies.
• Proficient in Microsoft 365 and data processing systems.
• Willingness to travel to bank locations and client sites.

Responsibilities

• Provide leadership within Cash Management and collaborate with Relationship Banking, Commercial Lending and retail requests for Cash Management products.
• Act as front-line cash management sales, service and relationship manager for commercial clients.
• Oversee onboarding of Cash Management products and services.
• Analyze the needs of existing and prospective business customers and implement new products and services.
• Oversee and manage the activities and productivity of Client Service personnel responsible for deposit account opening and day-to-day client management.

Skills

Banking regulations knowledge

Relationship management

Sales and service oriented

Leadership experience

Education

Bachelor’s degree or equivalent

Tools

Microsoft 365 Office

COCC or data processing systems

Job description

Position Title: SVP Cash Management Officer

Schedule: Full Time

FLSA Status: Exempt

Salary Range: $140,000 - $180,000 / Year

SUMMARY:

Working within the Cash Management Department the SVP Cash Management Officer provides expertise and leadership within the Cash Management Department and collaborates with Relationship Banking, Commercial Lending and retail requests for commercial clients seeking cash management products and services. Acts as front-line cash management sales, service and relationship manager for commercial clients and performs routine site visits. Effectively manages and services some of the largest commercial relationships of the bank. Responsible for the development and sale of cash management products and services as well as uncovering other business deposit product and service opportunities. Oversees the onboarding of Cash Management products and services.Analyzes the needs of existing and prospective business customers of the Bank and works with the relationship team to recommend new strategies, including the implementation of new products and services. Collaborates with the SVP Cash Management Service and Implementation Officer on projects that affect the department and the bank as a whole and acts as a resource for other team members. Oversees and manages the activities and productivity of the Client Service personnel responsible for deposit account opening and day-to-day client management.Additionally, this position embraces the established sales and service culture to maximize their contribution to the Bank’s goals.

After successful completion of training and proven abilities, this position is eligible for a hybrid work arrangement with availability expected during core business hours and agreed upon number of days per-month on site.

EDUCATION/SKILLS REQUIRED:

• Bachelor’s degree and/or equivalent experience (typically 10+years) related banking experience with progressive leadership responsibilities preferably in a Cash Management environment.
• Extensive background in financial institution operating policies and procedures, banking regulations (state and federal)
• Proficient in Microsoft 365 Office Suite products and the Internet
• Good working knowledge of Data Processing Systems required (COCC preferred)
• Solid understanding and application of administration activities with an understanding of office procedures and ability to operate standard office equipment.
• Means and mode to travel to any of Main Street Bank’s locations and/or customers as needed on a regular basis.

Main Street Bank is an Equal Opportunity Employer. Individuals with disabilities and veterans are encouraged to apply.

Main Street Bank is committed to working with and providing reasonable accommodation to individuals with disabilities. If you need special assistance or an accommodation while seeking employment, please call: 508-460-4117 or send an email to [e-mail]. We will make a determination on your request for reasonable accommodation on a case-by-case basis.”