Job Information
Head of Domestic Banking
Overview
Job Type: Full-Time
Job Category: Banking/Finance
Location: 
Requirements
Minimum Education: MBA
Degree Title:
Minimum Experience: 15 Year
Job Status
Start Publishing: 10/23/2017
Stop Publishing: 12/26/2017
Description

Job Description

Job Title: head of domestic banking

 

                       

DEPARTMENT: DOMESTIC BRANCH           

REPORTING TO: CHIEF OPERATING OFFICER

 

SUMMARY:

  • Manage the implementation of new deposit products and strategies that are within the Bank’s risk profile.
  • Obtain low cost domestic deposits by enhancing existing and developing new client deposit products and relationships.
  • Manage the domestic branch area and ensure domestic deposit clients are serviced appropriately with the necessary deposit products.
  • Assist in managing the Bank’s liquidity profile related to deposits and their relative cost of funds.

All essential duties and responsibilities must be performed in accordance with established Bank policies and procedures, compliance rules and regulations, and Bank’s privacy policy.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Manage the domestic deposit business, with the following primary goals:
  • Work closely with the Bank’s loan originators to market and close new deposit relationships, both for new borrowers as well as existing borrowers.
  • Manage the implementation process of new deposit products and services.
  • Work closely with loan originators to market and close new deposit relationships..
  • Obtain new domestic deposits from your personal network (if possible).
  • Oversee a website redesign process to drive new deposits and account openings.
  • Track, analyze, and report domestic deposit activity to senior management and create MIS reports, as needed.
  • Manage domestic client deposit concentrations within Board approved limits.
  • Work with the compliance area to complete the necessary due diligence documentation required for domestic deposit clients.
  • Understand all policies and procedures related to domestic branch operations.

EDUCATION AND EXPERIENCE:

  • Minimum of 15 years of experience in obtaining and managing client domestic deposit relationships.
  • Four year college degree.
  • Excellent understanding of bank deposit products, branch operations, CIP/KYC requirements and overall anti-money laundering compliance, as well as deposit related consumer compliance regulations.
  • Excellent sales, marketing, and management skills.
Qualifications

candidates with a more focused operational/IT background to help us develop online deposit products and delivery channels. These candidates could be from fintech or SoFi type companies and not just banks

Prefered Skills
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