Treasury Services Officer

North Easton Savings Bank; Easton (MA); Hybrid; USD 95,000 - 130,000; Full time

Job summary

North Easton Savings Bank in Easton, MA seeks a relationship-focused professional to develop cannabis banking business and service commercial clients.

You will onboard new cannabis-related relationships via Shield, provide treasury management guidance, and collaborate with operations and compliance teams to ensure a strong customer experience and regulatory adherence.

Qualifications

• Bachelor’s degree in business, marketing or finance preferred or equivalent education and work experience.
• Three (3) to five (5) years of cash management or treasury services within the banking industry required.
• Proficient in Microsoft Office Products and other Database software.
• Strong time management, contact management and records management skills.
• Knowledge of key bank regulations, including Know Your Customer, Bank Secrecy Act, and AML related programs especially as they relate to cannabis banking.

Responsibilities

• Engages in business development and client servicing activities for cannabis prospects and customers, providing consultative cash flow assessments and recommendations.
• Prepare account analysis pro-formas and proposals and drive collaboration between business lines for best customer experience.
• Onboard new customer relationships through Shield platform, including opening accounts and implementing treasury services.
• Train customers in Shield Assure compliance platform post account opening.
• Support Commercial and Business Banking customers on deposit and treasury needs with Operations Team.
• Monitor relationships and perform reviews on cannabis customers and present findings to enhance retention.
• Liaise between CRB customers and internal bank departments (BSA, Compliance, Operations, Retail).
• Manage risk exposure related to treasury services and provide timely customer service.

Skills

Business development

Client servicing

Treasury services

Time management

Records management

Regulatory knowledge

Cannabis banking

Education

Bachelor’s degree in business/finance

Tools

Microsoft Office

Job description

Description

Essential Job Responsibilities

The essential functions include, but are not limited to the following:

• Engages in business development and client servicing activities for all indirect and direct cannabis prospects and customers, providing consultative working cash flow assessments and recommendations of the Bank’s products and services.
• Responsible for preparing account analysis pro-formas and proposals and driving collaboration between business lines to provide the best possible new customer experience.
• Facilitates onboarding of all new customer relationships through the Shield platform, including opening accounts and facilitating the implementation of treasury management services.
• Trains customers in the Shield Assure compliance platform, post account opening.
• As needed, provides additional service to Commercial and Business Banking customers on all deposit and treasury management needs with support from the Operations Team.
• Monitors customer relationships and performs relationship reviews on the Bank’s cannabis customers and presents findings and recommendations to customers thus enhancing relationships and retention.
• Acts as liaison between CRB customers, internal bank departments including BSA, Compliance, Operations and Retail.
• Manages the risk exposure relative to treasury management services.
• Provides timely and responsive customer service by meeting agreed-upon deadlines and commitments.
• Proactively participates in partners’ team and sales meetings providing input, training and assistance in developing business.
• Supports management decisions and goals in a positive, professional manner and represents the Bank with a high level of integrity.
• Works closely and collaboratively with other departments in the Bank, treating all employees with respect.
• Maintains knowledge of treasury management policies and procedures and follows all bank policies and procedures, and compliance regulations.
• Assumes responsibility for special projects as assigned.

Required Knowledge, Skills & Work Experience

• Bachelor’s Degree in business, marketing or finance preferred or equivalent education and work experience.
• Three (3) to five (5) years of cash management or treasury services within the banking industry required.
• Proficient in Microsoft Office Products and other Database software.
• Strong time management, contact management and records management skills.
• Knowledge of key bank regulations, including, but not limited to, Know Your Customer, the Bank Secrecy Act, and Anti-Money Laundering policies, procedures and related programs especially as they relate to cannabis banking.

Physical Demands

The employee will operate in a general office environment, using office equipment such as a phone and a computer. The employee must be able to bend and squat occasionally when accessing computer or treasury services related equipment. This position will be required to use transportation to visit client and potential client businesses in a variety of industries and work environments. The noise level in the work environment is usually quiet to moderate as compared to a private office with light foot traffic and office equipment. The employee must be able and willing and able to interact frequently with the general public.

Note

The above is a description of the ordinary duties of the position. It should be expected that from time-to-time other duties (both related and unrelated to the above) may be assigned and are therefore required.

Pay Range Disclosure

The pay range for this position is based on the lowest to highest salary we reasonably and in good faith expect to pay for this position at the time of this posting. Actual pay will depend upon several factors including, but not limited to, relevant education, qualifications, certifications, experience, business or organizational needs, affordability and market pay. The posted range may be modified in the future as market data or organizational priorities change.

This position is not subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements.

North Easton Savings Bank is dedicated to being an equal opportunity workplace. To reach and maintain this goal, the Bank strictly prohibits harassment and discrimination based on gender, sex, race, ethnic background, age, physical disability, mental disability, and anything else protected by law. North Easton Savings Bank welcomes diversity and we believe that diversity is the root of successful teams and an overall successful workplace.