District Vice President

POSITION SUMMARY

Oversees branch organizational, financial, operational, service and growth plans and staff for multiple branches to ensure branch success and become members’ primary financial institution of choice. Expands existing business relationships, develops new business and ensures the branch culture is professional and focused on sales and service.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Provides leadership, direction and goals in the area of assigned branch district. Strategizes and presents high-level information of specific initiatives and results that are consistent with and directly contribute to overall strategic initiatives and financial performance results.

• Supports the strategic planning process through branch district planning and participates as requested in organizational level strategic planning. Aligns initiatives with business direction. Directs the branch district efforts in an efficient manner to assure that Magnifi Financial meets its strategic goals and objectives while minimizing risk. 

• Responsible for all branch initiatives, results and facilities for multiple branches. Develops multiple branch business plans, goals and budgets. Monitors and reports all branch operating results. Assists in researching new branch locations, analyses existing branch locations and making recommendations that are consistent with our organizational growth and efficiency strategies.  

• Ensures compliance with Credit Union policies and procedures and recommends and formulates changes. 

• Oversees development, training and management of the performance and compensation of direct and indirect staff.  Approves hiring decisions and delivers performance reviews and compensation for staff.  Responsible for branch district results that are achieved through the successful management of staff.     

• Staff members are provided a positive, professional role model of member service and sales through personal example. Goals are communicated through regular individual and branch meetings. Ensures employees receive and actively use on-going sales, service and technical skills training.  

• Participates in work groups and/or committees. Works in collaboration with executives, vice presidents, management and staff to meet the goals and objectives of Magnifi Financial.

• Develops and manages the budget and the monthly rolling forecast that has a major impact to the overall success of the organization. 

• Provides leadership to community relations efforts, serving as a key ambassador for Magnifi Financial, interacting with key members of the industry and communities served. Ensures positive relationships with community leaders and businesses. Expands existing business relationships. Develops and promotes additional business. Projects a positive image in the field of membership and with current and prospective members.

EDUCATION AND EXPERIENCE

• Bachelor’s degree in a business related field and eight plus years progressively responsible supervisory/management experience in a financial institution and five plus years in retail lending or deposit operations; or equivalent knowledge and skills gained through related work experience.

BENEFITS

We are committed to investing in our team! Magnifi Financial offers benefits that help everyone achieve their full potential. Full-time employees are eligible for the following benefits (benefits with an asterisk are also available to eligible part-time positions):

• Opportunities for Training and Development *
• Leadership Development *
• Job Level Advancement (ability to move up in your position through training and development) *
• Tuition Reimbursement *
• 32 Hours Volunteer Paid Time Off *
• Paid Time Off - starting at 4 weeks per year for FT; prorated for PT *
• Medical
• Dental
• Vision
• Employer paid Life Insurance/AD&D
• Employer paid Disability Insurance
• Retirement Plan - Employer match up to 4%, eligible for annual profit sharing *
• Paid Parental Leave
• Bonus/Incentive Program
• Health and Wellness Programs *

Pay Transparency:

Salary Range: $102,471/yr. through $153,707/yr.

Salaries vary based on factors such as location, internal equity, skills, experience, education, and qualifications for the role. 

Total compensation package varies based on position and may include bonuses, performance-based incentives, commission, and/or discretionary bonuses.

Who We Are:

At Magnifi Financial, we offer a collaborative, friendly environment where we support our employee's growth and development, and create a positive work atmosphere.  As a member-owned organization, we are focused on making dreams come true for our members. Our vision is enhancing the lives of members and community through strength, service and growth.

Magnifi Financial has grown to more than 85,000 members, $2.4 billion in assets, over 400 employees, and over 25 branch locations throughout Minnesota. But what hasn’t changed is our focus on the members and communities we serve.

Salary : $102,471 - $153,707