Banking Operations Director jobs in Connecticut

Banking Operations Director directs all duties and functions of departments for a financial institution. Plans and accomplishes business objectives. Being a Banking Operations Director establishes standards for work-related policies and procedures. Requires a bachelor's degree in area of specialty. Additionally, Banking Operations Director typically reports to top management. The Banking Operations Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Banking Operations Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)

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VP, Banking Operations
  • ORS Partners
  • New Haven, CT FULL_TIME
  • Overview

    Reporting to the SVP of Operations, the VP of Banking Operations will be responsible for managing the ongoing effort of planning and operations management. The primary focus is on leveraging systems, vendors, and personnel to maximize the internal and external customer experience while controlling expenses.  They will manage a fast-paced team with aggressive objectives and will be responsible for helping the bank achieve financial goals while increasing operating performance. 

                                         

    A large responsibility of this role will be to provide the strategic, developmental, and managerial direction to various department leaders that oversee; deposit operations, check processing, ACH, electronic banking, and collections.  This includes budgeting control, skill development, training, and overall direction of Team Members.

     

    This position will be accountable for all operational aspects of, Deposit, and Corporate Administration Operations. Decisions involve approval of expenses, projects, vendors, contracts, and negotiation of leases.

    Responsibilities

    • Function as primary owner of Bank operations systems Core, ACH, IP, etc. Identify system functionality needed to achieve business results; identifies and prioritizes system gaps; serves as contract administrator; define users, business processes and procedures, and training needs; and keeps current on application features.
    • Partner with System Technical Staff to present recommendations to executives and implement system changes.
    • Lead, manage and motivate team through shared leadership and by communicating direction. Guide others to meet those agendas while driving the BMTX vision and goals.
    • Lead a team that fosters collaboration and teamwork while demonstrating a level of awareness of all leadership styles.
    • Ensure all deposits, ACH and check processing are accounted for properly, serviced and protected in compliance with applicable laws, regulations, policies, and sound practices.
    • Provide clear feedback on a formal and informal basis. Empower staff to take collective action and develop an environment that creates positive behavior rewards and acknowledges success.
    • Emphasize mutual respect and secure the best outcome for the organization.
    • Ability to use judgment to involve all relevant stakeholders in major decisions; recognize multiple agendas and make/communicate final decision in ways that foster maximum ownership and minimum resistance.
    • Provide ongoing managerial guidance, and oversight to deposit operations to promote a control oriented, progressive, sustainable and risk balanced environment while monitoring and completing risk assessment requirements per regulations.
    • Ability to build a best-in-class team by hiring, growing and promoting key Team Members. Complete annual evaluations of performance, recommendations for salary adjustments and establish limits of authority for subordinates as required. 
    • Consult with Partner Banks and BMTX leaders to support the sales efforts of the white label acquisition strategy.
    • Represent client’s needs in conversations surrounding internal roadmaps, emerging services, technology investment, customer experience, business performance, and cost effectiveness.
    • Remain abreast of trends and new technologies that could positively affect or disrupt banking and channel landscape.
    • Provide regular feedback impacting end user experience and operational infrastructure selection required to deliver on successful direct and indirect white label acquisition and retention strategy.

    Qualifications

    • 10-15 years of experience in progressively responsible banking positions with an emphasis on all facets of deposit operations, ACH, item processing and account and GL reconciling.
    • 5 years in a banking operations leadership role.
    • Must be familiar with applicable bank compliance laws, state and federal regulations which govern deposit operations and be familiar with Sarbanes Oxley compliance.
    • Capable of reporting to executive management groups and/or the Board of Directors as may be periodically required.
    • Strong written and verbal skills needed for frequent contacts by telephone, correspondence, and in person with vendors and employees of various departments.
    • Quality focused and detailed-oriented, with advanced analytical and problem-solving skills. High level of confidentiality regarding customers’ accounts and finances. 
    • Experience partnering with vendors and ensuring standards are met and maintained.
    • Ability to develop, articulate and maintain department budget
    • Manages all facets of the banks operations in accordance with applicable laws, regulations, bank policies, and sound practices.
    • Working knowledge of ACH NACHA, OFAC, BSA, GLBA, Patriot Act, CARD Act, and other consumer protection laws related to credit and debit card programs and other Federal or State laws that impact National Security requirements.
    • Must be able to work in a virtual team setting to coordinate the appropriate resources to meet varying position requirements.
    • Ability to travel as needed to successfully perform position responsibilities.
    • Develops monitors, assesses, and updates all operations related risk assessment requirements per Regulations.

    About BM Technologies, Inc. (BMTX):

    BM Technologies, Inc. (NYSE American: BMTX)—formerly known as BankMobile—is among the largest digital banking platforms and Banking-as-a-Service providers in the country, providing access to checking and savings accounts, personal loans, credit cards, and financial wellness. It is focused on technology, innovation, easy to-use products, and education with the mission to financially empower millions of Americans by providing a more affordable, transparent, and consumer-friendly banking experience.

    The BM Technologies digital banking platform employs a multi-partner distribution model that enables the acquisition of customers at higher volumes and substantially lower expense than traditional banks, while providing significant benefits to its customers, partners, and business.

    BMTX currently has approximately two million accounts and provides disbursement services at approximately 750 college and university campuses (covering one out of every three college students in the U.S.).

    BMTX is a technology company and is not a bank, which means it provides banking services through its partner bank. More information can be found at www.bmtx.com.

  • 20 Days Ago

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VP, Banking Operations
  • BankMobile
  • New Haven, CT OTHER
  • Overview Reporting to the SVP of Operations, the VP of Banking Operations will be responsible for managing the ongoing effort of planning and operations management. The primary focus is on leveraging ...
  • 24 Days Ago

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Director, Banking Center Manager
  • Webster Bank
  • Farmington, CT FULL_TIME
  • If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, business...
  • 10 Days Ago

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Director of Operations
  • Meyer Jabara Hotels
  • Stamford, CT FULL_TIME
  • Meyer Jabara Hotels has distinguished itself as an employer of choice, attracting innovative and talented industry professionals who deliver exceptional results. Our Associates are encouraged to reach...
  • 1 Day Ago

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Director of Operations
  • All Seasons Landscaping
  • Cheshire, CT FULL_TIME
  • All Seasons Landscaping in Cheshire, CT is seeking qualified applicants for the position of Director of Operations. COMPANY DESCRIPTION All Seasons Landscaping ("A.S.L.") is a privately owned landscap...
  • 6 Days Ago

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Director of Operations
  • LiquidPiston
  • Bloomfield, CT FULL_TIME
  • Join LiquidPiston, a leading Engine Development Company, in our pursuit of innovation! We're seeking a highly skilled and experienced Director of Operations to oversee and optimize the performance of ...
  • 6 Days Ago

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Operations Director
  • Dynisco
  • Franklin, MA
  • Position Overview: The Director of Operations has overall responsibility for achieving Dynisco revenue and profitability...
  • 3/28/2024 12:00:00 AM

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Operations Director
  • Bemis Center For Contemporary Arts
  • Omaha, NE
  • Job Description Job Description THE OPPORTUNITY Bemis Center for Contemporary Arts seeks an experienced, detail-oriented...
  • 3/28/2024 12:00:00 AM

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Operations Director
  • Ildico Inc.
  • Beverly Hills, CA
  • Job Description Job Description Position Purpose: Our firm is looking for an experienced and motivated Operations Direct...
  • 3/27/2024 12:00:00 AM

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Operations Director
  • Industrial Federal Credit Union
  • Lafayette, IN
  • Job Description Job Description Role: Directs all aspects of Member Centers, Contact Center, and Card Services departmen...
  • 3/27/2024 12:00:00 AM

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Operations Director
  • CESCAPHE EVENT GROUP
  • Philadelphia, PA
  • Job Details Level Management Job Location Cescaphe Limited - Philadelphia, PA Position Type Full Time Education Level 4 ...
  • 3/27/2024 12:00:00 AM

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Operations Director
  • ARSAN International Consulting Group
  • Chicago, IL
  • About the job Operations Director Our world-class client is searching for an Operations Director is a critical role resp...
  • 3/26/2024 12:00:00 AM

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Operations Director
  • Dynisco, Inc.
  • Franklin, MA
  • Position Overview: The Director of Operations has overall responsibility for achieving Dynisco revenue and profitability...
  • 3/25/2024 12:00:00 AM

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Operations Director
  • Blackbaud Giving Fund
  • Charleston, SC
  • Job Title: Operations Director Position Type: Full-Time Organization: The Blackbaud Giving Fund Position Location: Remot...
  • 3/25/2024 12:00:00 AM

Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. The state capital and fourth largest city is Hartford, and other major cities and towns (by population) include Bridgeport, New Haven, Stamford, Waterbury, Norwalk, Danbury, New Britain, Greenwich, and Bristol. Connecticut is slightly larger than the country of Montenegro. There are 169 incorporated towns in Connecticut.The highest peak in Connecticut is Bear Mountain in Salisbury in the northwest corner of the state. The highest point is just east...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking Operations Director jobs
$135,522 to $188,999

Banking Operations Director in Fort Worth, TX
For example, management could authorize retail or call center staff to perform transactions and maintenance without filling out forms to send to operations for review.
January 17, 2020
Banking Operations Director in Lompoc, CA
Financial Center Operations Manager Leadership Development Program (FCOM LDP).
February 13, 2020
Banking Operations Director in Rapid City, SD
As the headcount in branches associated with operations falls those that remain increasingly have to dedicate their time to sales and customer service.
December 26, 2019