What are the responsibilities and job description for the Director of Cash Management and Treasury Services position at Washington Trust?
Washington Trust is seeking a Cash Management and Treasury Services professional to manage the various cash management needs and functions of our commercial (C&I, Business Banking and CRE), and municipal clients. This position will provide leadership, mentorship, and direction to our successful cash management team in order to drive the Bank’s deposit gathering and fee income objectives. In addition, this position will develop sales strategies and goals for the team to ensure proven results of strategies and goals, driving growth and retention of existing client relationships, including lead generation and sales calls as needed.
We support a hybrid on-site/remote work schedule at our Providence and Westerly Offices.Key Accountabilities
Manages the Bank’s Cash Management Sales Team and Product Operations.
Collaborates closely with the Bank’s Senior Leaders and Line of Business partners to meet strategic objectives. Works closely with and facilitates coordination between product specialists like wealth management, Treasury, Retail Banking to provide a full breadth of the Bank’s products and services to clients and prospects.
Provides for significant representation of the bank in the community by team attendance at events and participation in all community initiatives across the Bank’s footprint.
Maintains in-depth understanding of banking legislation and changes impacting commercial deposits and treasury services.
Participates in risk management, compliance, audit policies, procedures, budget, expenses, sub-committees, and bank acquisitions.
Product development, product enhancement, and product management.
Responsible for the development and advancement of the Cash Management Team member’s skills and treasury management knowledge.
Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties.
Meet all internal and external audits and/or reviews.
Education
BS/BA in related field, or equivalent work experience
Advanced degree preferred
Certified Treasury Professional (CTP) Designation or Formal Treasury Services Training a plus
Experience
7 to10 years cash management and treasury experience in a sales and service environment with increasing levels of responsibility and demonstrated outside sales success or equivalent experience in public sector
5 years management experience
Prior experience responding to opportunities presented through an RFP process
Established network and referral sources in specific corporate industries including institutional, municipal, and government banking sectors
Experience managing a team
Skills & Knowledge
Strong management, leadership, and mentoring skills
Proven sales ability
Extensive knowledge of commercial banking products and services both credit and non-credit
Critical thinking, problem solving and analytical ability
Excellent presentation, negotiation
Understanding of Financial services
Ability to handle multiple tasks
Superior presentation, interpersonal, written/verbal communication skills public speaking skills