Cash Management Officer
Join a successful, community-oriented bank with an engaging, employee focused culture
Baltimore, MD  / Nottingham, MD  / Perry Hall, MD 
Share
Posted 27 months ago
Position No Longer Available
Email Job 
Position No Longer Available
Email Job
Job Description
SUMMARY: 
Markets, sells, and helps implement the Bank’s cash management suite of products to existing and new business customers. Solicits new core business deposits.  Partners with commercial bankers, retail bankers, and the operations team to support clients with identifying needs, recommending solutions, implementing the product(s), and training.  Serves as a relationship manager on all deposit/cash management matters for customers.  Monitors market conditions and trends regarding cash/treasury management to ensure the bank remains competitive.  Supports the strategic direction of the organization.  Develops and promotes strong community relations. 

ESSENTIAL FUNCTIONS
Sales and Customer Service
  • Acquires, deepens, and retains business banking relationships (new and existing) with a focus on cash management products and core deposit growth. 
  • Works closely with retail bankers and commercial lenders to ensure business deposits are gathered and cash management products are cross sold to new and existing business clients.
  • Develops and executes sales presentations for customers/prospects to include formal written and oral presentations in response to requests for proposal, as well as in the regular course of business.
  • Makes cold calls to prospective customers, generates prospect lists, and cultivates referral sources.
  • Ensures the proper on-boarding of new cash management customers with the help of the operations team.
  • Assists Branch Managers with the management of business deposit relationships.
  • Provides training and continuing education to lenders and retail team members to ensure they are current on cash management products.
  • Tracks all sales-related activities through the Bank’s CRM, as well as what is required by management.
  • Entertains clients at networking events, lunches, dinners, or other events as needed, which may require after hour attendance.
  • Creates a partnership with the internal and external community, promoting a positive image of the company. 
Operations
  • Provides input and guidance on the development of cash management products and services. 
  • Completes product documentation/agreements with clients.
  • Performs account analysis calculations for business prospect proposals.
  • Executes client support and maintenance requests.
  • Tracks cash management product usage, activity, and profitability trends.
  • Ensures competitive pricing within the market.
  • Evaluates cash management products and recommends changes to Manager.
  • Supports rollout of software upgrades and new products. 
  • Remains current on all industry issues and regulations applicable to the duties of the position.
  • Ensures that all departmental documents and activities are performed in compliance with applicable laws, regulations, policies, and procedures as applicable to this position, including completion of required compliance training.
  • Completes all assigned online or in-person Compliance, Human Resources, and Departmental training modules/classes.
This list of essential functions is not necessarily exhaustive and may be supplemented, or otherwise revised by the employer, at its sole discretion.

SECONDARY JOB FUNCTIONS  
  • Other duties and responsibilities may be assigned.
SKILLS REQUIRED TO PERFORM THE DUTIES OF THE JOB
  • Excellent customer service and verbal and written communication skills.
  • Ability to market products and services and establish and deepen customer relationships.
  • Effective problem solving and decision-making skills.
  • Strong multi-tasking and organizational skills.
  • Working knowledge of personal computers, office software and other office equipment.
  • Ability to read and comprehend simple instructions, short correspondence, and memos.
  • Ability to read and interpret documents such as procedure manuals, general business correspondence, and/or journals, or government regulations.
  • Ability to read, analyze and interpret financial reports and/or legal documents.
  • Ability to write procedures, routine reports, and business correspondence.
  • Ability to respond in writing to customer complaints, regulatory agencies, or members of the business community.
  • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
  • Ability to effectively present information to top management, public groups, and/or boards of directors.
EDUCATIONAL AND EXPERIENCE REQUIREMENTS
  • BS/BA degree, Business or Finance degree preferred
  • Minimum 7 years of cash management experience.
WORKING CONDITIONS / PHYSICAL REQUIREMENTS
  • Must be able to remain in a standing position for long periods of time  ( 50% of the time)
  • The person in this position needs to occasionally move about inside the office to access file cabinets,  office machinery, etc.
  • Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.

Rosedale Federal Savings & Loan Association is an Equal Opportunity Employer, including disabled and vets.

 

Read More
Position No Longer Available
Job Summary
Company
Rosedale Federal Savings & Loan Association
Employment Term and Type
Regular, Full Time
Hours per Week
37.5
Salary and Benefits
Eligible to participate in all benefits offered to Rosedale Federal employees to include Medical, Dental, Vision, and 401(k) programs.
Required Education
High School or Equivalent
Required Experience
7+ years
Email this Job to Yourself or a Friend
Indicates required fields