What are the responsibilities and job description for the Retail Banking Manager position at Popular Bank?
Date: Apr 3, 2025
Location:
Perth Amboy, NJ, US, 08861
Company: Popular
Workplace Type: On-site
Retail Banking Manager
NYM Region 1
The Retail Banking Manager leads and develops the strategy for a designated geographical cluster of branches. This role is accountable for financial performance (P&L), new business development, customer experience, hiring, coaching, and complying with all policies and procedures. The Retail Banking Manager has in-depth knowledge and relationships within the region they manage.
Executive presence coupled with authenticity and thoughtfulness in approach are critical for fit for the role. Emphasis is placed on ensuring that the region achieves budgeted results and effectively manages risk. The Retail Banking Manager is responsible to develop new business with a focus on small business loans and further expand existing business relationships while attracting new money.
In This Position, You Will
P/L Management
Our base salary for this position located in New York City generally ranges between $200,000.00 and $260,000.00 annually, depending on business need and on your qualifications and experience. Base salary does not include incentive compensation, commission, or any other type of remuneration or benefits.
In addition to salary, Popular's well-rounded benefits package for regular full-time and part-time employees includes a comprehensive health plan, flexible time off options, and savings and investment plans. Seasonal/temporary employees are not eligible for these benefits.
Important: The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.
About Us
Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America.
As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.
We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.
If you have a disability or need more information about requesting an accommodation, please contact us at asesorialaboral@popular.com . This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.
Are you ready for a rewarding career?
Popular is an Equal Opportunity Employer
Learn more about us at www.popular.com and keep updated with our latest job postings at www.jobs.popular.com .
Connect with us!
LinkedIn | Facebook | Twitter | Instagram
If you are a California resident, please click here to learn more about your privacy rights.
Nearest Major Market: New Jersey
Job Segment: Compliance, Law, Manager, Business Development, Legal, Management, Sales
Location:
Perth Amboy, NJ, US, 08861
Company: Popular
Workplace Type: On-site
Retail Banking Manager
NYM Region 1
The Retail Banking Manager leads and develops the strategy for a designated geographical cluster of branches. This role is accountable for financial performance (P&L), new business development, customer experience, hiring, coaching, and complying with all policies and procedures. The Retail Banking Manager has in-depth knowledge and relationships within the region they manage.
Executive presence coupled with authenticity and thoughtfulness in approach are critical for fit for the role. Emphasis is placed on ensuring that the region achieves budgeted results and effectively manages risk. The Retail Banking Manager is responsible to develop new business with a focus on small business loans and further expand existing business relationships while attracting new money.
In This Position, You Will
P/L Management
- Be fully accountable to manage the branch budget by ensuring revenues and expenses meet or exceed goals
- Have overall responsibility for the assigned cluster of branches performance inclusive of deposit portfolio, loan production (Consumer and Small Business), Investment, Cash Management and Personal Credit Card sales, Private Banking and Residential Mortgage portfolios and digital channel adoption
- Implement regional sales strategy, leveraging technology, with an emphasis on identifying customer opportunities, developing and implementing business plans based on local market drivers
- Institute a sales and service culture with a sharp focus on providing clients with a best in class customer experience that leaves a mark of authenticity, warmth, competence and simplicity
- Support new marketing campaigns and product launches, develop micro-marketing efforts to achieve sales results, and ensure all resources are utilized to obtain regional goals
- Foster collaboration and partnership with peers in Popular’s Commercial and Wealth Management Divisions by developing a robust two-way flow of business referrals
- Build and manage a robust branch loan and deposit sales pipeline. Review reporting and provide consistent feedback to all employees on performance against sales targets
- Develop a strong community network of local leaders and business to promote the assigned cluster of branches' active involvement within the community
- Mentor and coach staff through leadership by example of Popular’s Institutional values: Social Commitment, Customer, Integrity, Excellence, Innovation, Our People, Performance
- Ensure adherence to Popular’s brand standards around consistently delivering a best in class customer experience while following all guidelines and procedures
- Ensure all cluster's Branch Managers have an active involvement within the communities they serve and report all CRA related activities to appropriate unit
- Effectively establish and communicate the bank’s goals to Branch Teams, gain commitment, and establish plan of action for goal attainment
- Be fully accountable for branch assessment, audits (internal or external), and BSA efforts
- Ensure operational risks are mitigated and branch and teams adhere to regulatory compliance policies and procedures
- Oversee branch operating models to ensure strict adherence to Popular’s policies and procedures and ensure preventative and corrective actions are implemented
- Manage the retail banking operations and mentor the assigned area branches.
- Responsibilities include interviewing, hiring, and coaching employees; planning, assigning, and directing work; appraising performance, rewarding and disciplining employees; addressing complaints and resolving problems
- Bachelor’s Degree from accredited college or university and/or 7 years related experience in a financial service organization or equivalent related experience and training
- Prior experience as a Branch Manager preferred
- NMLS registration; Safe Act compliant
Our base salary for this position located in New York City generally ranges between $200,000.00 and $260,000.00 annually, depending on business need and on your qualifications and experience. Base salary does not include incentive compensation, commission, or any other type of remuneration or benefits.
In addition to salary, Popular's well-rounded benefits package for regular full-time and part-time employees includes a comprehensive health plan, flexible time off options, and savings and investment plans. Seasonal/temporary employees are not eligible for these benefits.
Important: The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.
About Us
Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America.
As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.
We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.
If you have a disability or need more information about requesting an accommodation, please contact us at asesorialaboral@popular.com . This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.
Are you ready for a rewarding career?
Popular is an Equal Opportunity Employer
Learn more about us at www.popular.com and keep updated with our latest job postings at www.jobs.popular.com .
Connect with us!
LinkedIn | Facebook | Twitter | Instagram
If you are a California resident, please click here to learn more about your privacy rights.
Nearest Major Market: New Jersey
Job Segment: Compliance, Law, Manager, Business Development, Legal, Management, Sales
Salary : $200,000 - $260,000
