Deposit Portfolio Manager - AVP - Phaxis LLC

Growing international banking client is seeking a strong portfolio manager to join their deposits team.

Responsibilities:

• Oversee client deposit portfolios to ensure alignment with specified deposit volume strategies. Review compliance profiles and recommend necessary remediation.
• Work with teams from Treasury, Finance, Technology, Operations, Compliance, and Legal to carry out functions and improve processes across the bank.
• Develop strategies to grow the Institutional Banking business within a framework that ensures long-term deposit growth.
• Collaborate with the SVP and team to implement initiatives that enhance the customer experience in all aspects of deposit management.
• Oversee portfolio costs, establish control measures to manage target balances and rates, and ensure compliance with internal procedures and regulations.
• Perform timely annual reviews, understand KYC/AML onboarding requirements, and follow compliance policies for institutional customers. Review customer onboarding documentation to ensure adherence to policy and risk appetite.

Other Functions/Responsibilities:

• Experience: At least 7 years of experience working with reciprocal banking deposit products, ideally overseeing an institutional or commercial banking portfolio.
• Strong knowledge of deposit products and customer compliance, excellent organizational skills, and a solid understanding of Treasury Management or Wholesale Banking segments.

Base Salary - $125,000-$150,000 depending on experience