Director of Banking RelationsMiami, FL
Posted 22 days ago
intermex wire transferHialeah (FL)
Financial ManagersCommercial Banking
SENIORITY
Manager
About the role
Director of Banking RelationsDirector of Correspondent Banking, proactively identifies and develops strong relationships with banking partners with a focus on establishing a banking network that provides coverage for Intermex Agents to conveniently and efficiently deposit their funds due to the company. Additionally, continuously drive the reduction of bank costs through ongoing initiatives to seek the most cost-effective solution for Agent bank deposits. Work closely Treasury Department, Check Direct Department, and the Banking Operations Department to ensure efficient implementation of banking costs initiatives.
The incumbent will coordinate all initiatives related to Banking Operational solutions. Working directly with Product Management, Banking, and Technology Teams to continually improve solutions. The Director of Banking Operations is expected to push the boundaries of what is possible in finding new solutions to banking initiatives to continually reduce banking fees and provide the best banking solutions to our Agents.
Duties and Responsibilities
Develop and implement strategies to open new banking relationships throughout the Intermex Network to ensure coverage for our Agent to make deposits.
Responsible for the management of all U.S./Canada bank accounts and relationships
Maintains and retains all banking records, signature cards, and agreements and updates as required.
Coordinate due diligence process of new banking relationships and ongoing due diligences as required.
Manage FBAR filing and assist FATCA filing with foreign banks.
Review and execute cash management products to optimize the idle cash investments and minimizing the banking fees.
Benchmark bank analysis to negotiate and reduce fees, as well as to identify alternative cash management products for increased saving and efficient use of cash.
Review and analyze each bank's products and procedures to come up improvements on banking solutions for Agent network.
Qualifications/Requirements:
A Bachelor Degree in Business Administration, Finance, and Economics preferred
5+ years of relevant professional experience maintaining Company and Banking relationships
Strong entrepreneurial spirit
Strategic Business Analysis
Bank and Client Relationship Management
Cost saving solutions to banking services
Strong understanding of Banking Products and Treasury Management services
Proven communication and presentation experience
Proven organization and analytical experience
Strong organizational and time management skills.
Experience working in a multinational / multicultural environment
Ability to set priorities and perform multiple assignments.
Intermex Wire Transfer LLC. is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
When accepting employment with Intermex Wire Transfer LLC., you authorize Intermex to conduct a background check as part of the hiring process. This includes a review of your criminal history, education, and employment history. You have the right to receive a copy of the background check report if you request it. This authorization is in accordance with the Fair Credit Reporting Act.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Intermex Wire Transfer LLC. makes hiring decisions based solely on qualifications, merit, and business needs at the time.
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