VP, Treasury Managment Support - Specialty Deposits

Avidbank is a $2.1 billion commercial bank based in Silicon Valley serving the San Francisco Bay area and beyond.  We are a highly responsive business bank, providing tailored financial solutions. We are advocates for our clients and specialize in providing innovative banking products and supportive services that exceed our clients’ expectations.

Founded in 2003, we specialize in commercial & industrial lending, technology and asset-based lending, specialty finance, real estate construction and commercial real estate lending. We have one branch in San Jose along with loan production offices in Redwood City and San Francisco.

Title of position: VP, Treasury Management Support – Specialty Deposits

Position type: Full-time

Pay range: $95,000 - $115,000

Division: Treasury Management

Location: Remote

Job Summary:
This is a role that strategically focuses on on-boarding and servicing Avidbank’s specialty deposit and treasury management products to new and existing client segments to increase the share of wallet and revenue.

Key Responsibilities:

 Major Functions

·        Support Relationship Managers and branch to achieve Fee Income & Deposit Growth.

·        Promotes Bank business through establishment and adherence to quality client service standards, and participation in sales management and officer call programs.

·        Prepares agreements and ensures clients execute and return agreements; scans, indexes, performs quality control of image quality and content of forms and agreements.

·        Implements services sold to a client/prospect, when needed as a backup.

·        Provides troubleshooting technical expertise on electronic banking products, when needed as a backup.

·        Manages the implementation, installation and training of Treasury Management products

Other functions

·        Support SVP, Specialty Deposits in the acquisition and retention of business accounts.

·        Receive referrals from Relationship Managers (RMs) and review opportunities.

·        Discuss the opportunity with RMs and internal Treasury Management team to understand the basic needs of the client.

·        Input opportunity into pipeline system.

·        Work with SVP, Specialty Deposits to create and maintain reports for mgmt.

·        Jointly consult with RMs and SVP, Specialty Deposits on needs & offer advice.

·        Jointly propose solutions, review & explain products/services.

·        Prepare service proposal, pro-forma pricing and close the deal.

·        Follow through on the implementation process to provide excellent client service.

·        Proactively work with SVP, Specialty Deposits and RMs to understand client’s needs/problems and offer solutions to meet client’s needs.

·        Generate and report to mgmt. on non-interest income from cross-selling products to existing clients.

·        Finalize transition from Sales to Service and complete overview of services.

·        Ensure client is receiving appropriate charges for services provided.

·        Special projects and other duties as assigned.

Other duties as assigned

• Ensure all cash management operations support staff are well informed of new client implementations.
• Maintain all necessary reporting and inform management if there are discrepancies.

Compliance Responsibilities:

·        Work closely with the compliance and credit teams to ensure adherence to policies, processes, and Service Level Agreements (“SLAs”) on the full cycle of product provision, while ensuring compliance with all internal controls.

Travel required

Willingness to travel to visit other Avidbank offices and client offices as necessary.  

Required education and experience

·        BA or relevant degree with substantial banking experience.

• Sound experience of at least 5 to 7 years with a leading organization and familiarity with deposit and treasury management products to be offered to clients with considerable knowledge of how these products work.
• Solid service or relationship management experience.

Preferred Behavioral Skills

• Strong interpersonal skills to sell and retain new and existing relationships
• Effective verbal and written communication skills
• Strong analytical skills to determine best solutions for current and potential clients
• Proficient computer literacy (i.e. Excel, Word, PowerPoint) are required to effectively sell and retain new and existing relationships
• Must have solid knowledge of bank products and services

Benefits

Avidbank offers full time employees competitive compensation, medical, dental, vision, life insurance, long term disability insurance, 401k with matching, paid holidays and a competitive paid time off policy.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. It is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

Avidbank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

We are an AA/EEO/Veterans/Disabled employer.

Salary : $95,000 - $115,000