Head of Deposit Services
4 days ago
Needham Bank is a leading community bank dedicated to building a diverse, inclusive, and authentic workplace. We offer a unique opportunity to join a dynamic team and contribute to our mission of delivering exceptional customer service and financial solutions.
Benefits- We offer a competitive salary range of $80,000 - $120,000 per year, depending on experience.
- A comprehensive benefits package, including fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off (PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short and long term disability insurance, tuition reimbursement, and an Employee Assistance Program.
- Develop and maintain subject matter expertise on all Deposit Operation functions, including wire transfer operations, payments, and IRA management.
- Lead, oversee, and implement directives, policies, procedures, and changes in regulations pertaining to Deposit Operations, ensuring compliance with applicable state/federal regulations and industry rules/standards.
- Manage the implementation of new product and service enhancements related to Deposits, including facilitating internal coordination, monitoring upgrades, and creating project plans.
- Oversee the IRA area, ensuring all IRA accounts have proper documentation, are well-organized, fully compliant, and adhere to established Bank guidelines, policies, and procedures.
- Bachelor's degree highly desired, or equivalent experience.
- Five or more years of banking experience in a Deposit Operations and payment environment highly preferred.
- A minimum of three years of supervisory experience.
- Strong background in bank operating policies and procedures, banking regulations (state and federal), and uniform commercial code (UCC) including requirements related to Wire Transfer Operations.
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