What are the responsibilities and job description for the Banking Operations Director position at Webster Bank?
About Webster Bank
Webster Bank, founded in 1935, has always focused on helping individuals, families, businesses, and our colleagues achieve their financial goals. Our commitment to serving our clients and supporting our communities drives our success.
Job Role
This role plays a critical part in ensuring the smooth operation of our treasury management and card activities. You will be responsible for managing risks, developing and implementing risk management strategies, and reporting on compliance with regulatory requirements.
Key Responsibilities
- Risk Assessment and Mitigation: Identify, assess, and monitor potential risks that could impact the organization's operations, finances, or reputation.
- Risk Management Strategies: Develop and implement risk management strategies, policies, and controls to mitigate identified risks.
- Regulatory Compliance: Ensure adherence to laws, regulations, and industry standards to minimize compliance-related risks.
- Reporting and Analytics: Prepare detailed reports on risk exposures and provide insights to leadership and stakeholders.
Requirements
- Education and Experience: Bachelor's degree or equivalent combination of training and experience; at least 7 years of financial services experience, with 7 years of treasury management experience and 2 years of treasury management risk experience preferred.
- Knowledge and Skills: Strong understanding of treasury management products, including wires, ACH, check processing, online banking, virtual account management, and commercial cards; ability to analyze complex data and develop effective solutions.
- Professional Certifications: Professional certification in Risk and/or Finance, such as Financial Risk Manager (FRM) or Professional Risk Manager (PRM), strongly preferred.
