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Cash Product Specialist

2 months ago

St Louis MO USA, United States Stifel Full time
Cash Product Specialist

Stifel is seeking a highly skilled Cash Product Specialist to support our cash-related products and services. As a key member of our team, you will be responsible for conducting industry research and account analysis to create reporting that drives strategic decisions.

Key Responsibilities:
  • Support and enhance the firm's cash management products and services, including cash management accounts, bank sweep programs, bank deposit accounts, credit card programs, Stifel proprietary cash products, and the firm's digital payments strategy.
  • Partner with colleagues across the organization to ensure seamless cash management products and services delivery.
  • Manage the team inbox daily and take tier-two service phone calls to provide advanced support for features, functionality, and troubleshooting.
  • Develop and collaborate with Marketing to implement marketing strategies to promote and present the advantages of the products and services to internal and external stakeholders.
  • Monitor industry trends, regulatory changes, and internal feedback related to cash management products and services and recommend enhancements to bank offerings.
  • Utilize industry and internal data to produce reporting used for strategic decision-making.
  • Utilize a no-code platform to assist in designing, enhancing, and supporting digital account origination and other client-facing forms.
  • Assist in implementing new capabilities through project tasks such as user acceptance testing.
  • Upgrade and maintain the bank and brokerage account agreements, disclosures, client-facing marketing materials, and intranet materials.
  • Document and maintain team procedures to drive consistency in service and build institutional knowledge that will outlast any one member of the team.
  • Monitor vendors who support our cash accounts, credit card, and payment systems by tracking system issues to resolution and documenting service interruptions.
Requirements:
  • Ability to communicate potentially complex issues clearly in verbal and written forms.
  • Ability to analyze the market and internal data to understand the performance of products.
  • Must present with enthusiasm and passion in both a one-on-one and group setting.
  • Recognizing when meaningful action is required and assuming the additional responsibility to tackle the challenge.
  • Ability to take ownership, prioritize appropriately, and propose business solutions to solve issues.
  • Strong understanding of banking regulations related to cash management products and services.
  • Ability to work collaboratively across teams and departments.
  • Ability and willingness to learn the intricacies of Cash Products and Banking Services to speak with authority and enthusiasm.
  • Continues to build knowledge of business, financials, products, and services for the banking industry.
Education and Experience:
  • Bachelor's degree in finance, accounting, or related field or equivalent combination of education and experience required.
  • No experience required, 1+ years related experience in financial services preferred.
About Stifel:

Stifel is a more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients' money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.

At Stifel, we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.