Director of Cash Management Services

About Minnwest: Minnwest is a family owned, community bank based in Minnesota and South Dakota. We believe our success is measured by the extent in which we have a positive impact on the communities we serve. We are committed to building strong, vibrant communities through our core values:

The customer is the first priority.

We will keep all of the commitments we make.

We are the people who get things done.

We will work together as a team.

Job Summary: This position is responsible for providing strategic leadership, business development, sales execution and operational oversight for all Cash Management products and services offered to business clients at Minnwest. The scope of this position includes the ongoing review and recommendation of services to be offered, direct and indirect sales efforts with prospective users, installation and servicing of Cash management clients, training of internal and external users of Cash management services, and coordination with Operations/Business Information Systems and other resources including Fiserv. The goal is to increase client retention, provide a means to attract new business clients, increase low-cost deposits over time, and build a continuing source of fee income for Minnwest.

Duties and Responsibilities (including but not limited to):

Lead and develop the Cash Management Services team, providing strategic direction, performance management, coaching, and professional development to drive sales and service excellence

Partner with Business Bankers and Market Presidents to develop and execute sales strategies that drive deposit growth, increase fee income, strengthen client relationships, and support business development objectives

Oversee the development and delivery of cash management solutions tailored to customer's needs, including cash flow optimization, liquidity management, fraud prevention, payment processing and deposit management

Establish and monitor sales goals, pricing strategies, profitability and team performance to support revenue growth, customers retention, and competitive market positioning

Collaborate with internal departments to enhance cash management products, services, and technology while providing training and education to bankers and clients to strengthen product knowledge and sales effectiveness.

Ensure compliance with regulatory requirements, bank policies, and risk management standards while representing Minnwest Bank through community involvement, industry relationships and business development activities

Minimum Requirements:

Post secondary degree

7 years of direct Cash Management experience

Progressive leadership experience including 3 years of management experience

Sales leadership and business development skills

Cash Management/treasury expertise including product knowledge, commercial deposits, ACH & Payments, merchant services, etc.

Ability to recognize and act on problems

Ability to simultaneously coordinate and complete multiple projects

Above average ability or aptitude in the areas of math/numerical skills, verbal skills, reasoning, intelligence and perception

Proven ability to learn, understand and apply new business procedures and techniologies

Strong organizational and interpersonal skills to influence multiple team members

Experienced communication and sales skills with clients and prospects that build credibility

Preferred Qualifications:

Bachelor's degree

10+ years of direct Cash Management experience

5 years of management experience

CTP, CPA, AAP or similar certification

Schedule: Monday – Friday: 8:00 a.m. – 5:00 p.m.

Workplace Environment:

Requires face-to-face interaction and coordination of work with other employees and departments, and in-person interaction.

Working at a computer and utilizing a telephone

Occasionally lifting up to 50lbs

Salary Range: $107,120 - $133,900 annually plus bonus target opportunity

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. The salary range represents anticipated base pay for this role. The actual pay offered will consider internal equity and may vary based on factors including but not limited to work location, candidate’s job-related knowledge, skills, and experience, among other factors.

Minnwest Benefits: In addition to salary, Minnwest Bank offers a comprehensive benefits package, including incentive and recognition programs. Minnwest Bank is focused on taking care of our employees and their families, and supporting their health and financial well-being, including:

Comprehensive Medical, Vision and Dental Insurance

Retirement savings including 401(k) with Employer Match and Employee Stock Ownership Plan (ESOP)

Paid Holidays and Competitive Paid Vacation Days

Paid Parental Leave

Short- and Long-Term Disability

Life, Critical Illness, and Accidental Insurance

Tuition Reimbursement and Career Development Opportunities

Employee Assistance Program (EAP)

Paid Time Off to volunteer in your community

Opportunities to connect with others through our diversity and inclusion focused Employee Resource Group

All benefits are subject to eligibility requirements.

A full background check, including federal, state, county, and civil, and general financial credit check will be conducted on the final candidate for this position. Candidate must pass the background check and financial credit check in order to obtain employment with Minnwest. Failure to meet any of the requirements may result in a rescission of your offer of employment.

EEO: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.