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Director of Cash Management and Treasury Services

Washington Trust
WESTERLY, RI Full Time
POSTED ON 1/12/2025
AVAILABLE BEFORE 3/11/2025
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

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