Director of Specialty Deposits jobs in United States
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First Business Bank · 3 months ago

Director of Specialty Deposits

First Business Bank is a Top Workplaces USA company, dedicated to putting people first. They are seeking a Director of Specialty Deposits to drive deposit growth through strategic initiatives and client relationship management in specialized sectors.

Financial Services
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Culture & Values

Responsibilities

Identify and pursue new business opportunities within specialty deposit verticals
Represent the bank at industry events and conferences
Lead the strategy, deposit growth, and delivery of specialty deposit and payment solutions tailored to the unique needs of clients across verticals such as:
Escrow and Title/Escrow/Data Services
HOA and Property Management
National Power and Utilities
Professional Fiduciaries
Class Action Administration Clients
Healthcare
Collaborate cross-functionally with technology, compliance, sales, and operations teams to ensure seamless product integration and delivery
Stay ahead of market trends and regulatory changes to identify new opportunities and ensure solutions remain competitive and compliant
Build and maintain strong relationships with clients, industry partners, and regulatory bodies to support long-term growth and trust
Provide regular performance updates and strategic insights to senior leadership

Qualification

Leadership in financial servicesSpecialty deposit solutionsFinancial products knowledgeAnalytical skillsStrategic thinkingAdaptability across verticalsCommunication skillsRelationship-buildingProblem-solving skills

Required

Bachelor's degree in Finance, Business Administration, or a related field
Proven leadership experience in financial services, with a focus on specialty deposit and payment solutions
Deep understanding of financial products, industry regulations, and operational best practices
Strong strategic thinking, analytical, and problem-solving skills
Excellent communication and relationship-building abilities
Experience working across multiple verticals and adapting solutions to meet diverse client needs

Company

First Business Bank

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First Business Bank offers business banking, commercial banking, specialty finance, private wealth, and consulting to banks. Member FDIC.

Funding

Current Stage
Public Company
Total Funding
$77.5M
2023-10-03Post Ipo Debt· $15M
2022-03-04Post Ipo Equity· $12.5M
2022-03-04Post Ipo Debt· $20M

Leadership Team

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David Seiler
President and Chief Operating Officer
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Company data provided by crunchbase