Job Description
Job DescriptionTitle: Deposit Operations Manager
Location: Bloomington, MN
Job Type: Permanent/Direct-Hire
Compensation: $100,000 - $115,00 annually
Industry: Banking & Financial Services
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About the Role
We are partnering with a well?established financial institution in the banking industry to hire a Deposit Operations Manager. This role leads the overall performance of deposit operations, ensuring accurate, timely, and professional service across all deposit products and services. The position oversees a team in a player/coach capacity, drives process improvements, ensures compliance with federal and state regulations, and collaborates with business partners to implement scalable solutions. This leader will also provide operational support for system upgrades, new product rollouts, and organizational initiatives tied to audits, risk management, and corporate objectives. Job Description
- Lead and coach the Deposit Operations team by setting clear goals, conducting performance reviews, managing staffing needs, hiring and onboarding talent, and addressing performance issues in a timely manner.
- Conduct ongoing one?on?one coaching sessions and participate in leadership development opportunities.
- Oversee end?to?end deposit operations, including cash management and all deposit products (checking, savings, CDs, IRAs, EFT, HSAs, Safe Deposit Boxes, ACH, wires, and cash management processes).
- Ensure compliance with federal and state regulatory guidelines while achieving satisfactory audits and compliance reviews.
- Implement process improvements, cost?saving initiatives, and workload prioritization across the department.
- Provide training to ensure effective task completion and recommend updates or restructuring to optimize services.
- Manage and support system upgrades, new product implementations, and scalable processes in partnership with internal teams.
- Serve as project representative to test, train, and validate new products and services, including collaboration with Fiserv on spec changes.
- Verify data before and after bank?initiated projects and support merger?related tasks as assigned.
- Act as a liaison between Deposit Operations and other internal departments by participating in meetings, providing guidance, and evaluating risk relative to controls.
- Contribute to corporate goals by ensuring procedures align with policies, completing ongoing risk assessments, managing controls, and meeting financial performance targets.
- Validate invoices and reconcile against pricing contracts.
- Determine and maintain appropriate staffing levels within the department.
- Maintain integrity of deposit?related data, participate in IT Steering Committee activities, approve system changes, and ensure appropriate user access controls.
- Support fraud event administration by providing deposit operations expertise for both prevention and response.
- Assist the Director of Operations in developing and executing the Deposit Operations strategic plan, including goals, policies, compliance priorities, and eCommerce initiatives.
- Prepare routine reports on financial performance, quality, customer service, operational efficiency, and SLA/KPI achievement for senior leadership.
Qualifications
Required
- Bachelors degree or equivalent progressive experience.
- 58 years of experience in deposit operations.
- At least 2 years of leadership experience.
- Demonstrated ability to manage teams, oversee compliance?driven processes, and support operations in a financial institution.
Preferred
- 812 years of experience in deposit operations.
- At least 4 years of leadership experience.
- Accredited ACH Professional (AAP) certification.
Benefits
Team Members enjoy a comprehensive benefits package that includes health insurance with two medical plan options, along with dental and vision coverage. The package also features an employer?matched 401(k) plan, company?paid life insurance, AD&D, and short- and long?term disability, with the option to purchase additional life and AD&D coverage. Employees receive paid time off, and all federal holidays are observed. How to Apply
Take the first step on your new career path!To submit yourself for consideration for this role, simply click the apply button and complete our mobile-friendly online application. Once weve reviewed your application details, a recruiter will reach out to you with next steps! Equal Opportunity Statement
As an equal opportunity employer, Dahl Consulting welcomes candidates of all backgrounds and experiences to apply. If this position sounds like the right opportunity for you, we encourage you to take the next step and connect with us. We look forward to meeting you!
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Company DescriptionOur promise is simple. DAHL has proven year after year that we are flexible, consistent and easy to work with, which is why our clients and consultants have stayed with us, and we've continued to grow throughout the years.
Our clients know they can depend on our efforts, as we hold their priorities in high regard. We genuinely care about each and every relationship and promise to work with the utmost of respect, integrity and high energy, as we continually strive to build long-term relationships.
Company Description
Our promise is simple. DAHL has proven year after year that we are flexible, consistent and easy to work with, which is why our clients and consultants have stayed with us, and we've continued to grow throughout the years.\r\n \r\nOur clients know they can depend on our efforts, as we hold their priorities in high regard. We genuinely care about each and every relationship and promise to work with the utmost of respect, integrity and high energy, as we continually strive to build long-term relationships.