Magnifi Financial · 4 hours ago
Assistant Branch Manager
New York Mills, MN
Full-time
Onsite
Mid, Senior Level
$53K/yr - $79K/yr
5+ years expMagnifi Financial is a member-owned organization focused on enhancing the lives of members and the community through strength, service, and growth. The Assistant Branch Manager is responsible for overseeing branch operations, ensuring staff adherence to policies, and enhancing member relationships while assisting in the development of branch business plans and goals.
BankingFinancial ServicesWealth Management
Responsibilities
In the absence of the Branch Manager, is responsible for the operation of the branch, including, but not limited to personnel, service and business performance
Partners with Branch Manager on developing the branch business plan, goals and budget. Assists Branch Manager in reporting all branch operating results
Identifies and makes recommendations to Branch Manager on policy and procedure changes. Provides regular reporting to management. Implements new or revised changes to procedures and processes
Ensures that staff understands and adheres to procedures, policies, and relevant state and federal regulations. Provides guidance and support and serves as a subject matter expert and a resource to staff on policies, procedures, systems and compliance
Performs member transactions and consults with members to educate them on features and benefits of products and services. Recommends products and services based on member financial needs. Makes referrals to appropriate departments
Enhances member relationships through follow-up activities to include outbound calls
Creates a remarkable member experience by responding and providing resolutions to member requests with expertise
Performs opening and/or closing duties for the branch
Selects, oversees, develops, trains and manages the performance of Banking Consultant I’s and II’s. Provides coaching and feedback to staff to assist them in achieving individual and team goals. Makes hiring decisions, writes performance reviews and submits compensation recommendations. Provides input on Human Resources related actions. Responsible for both individual, department and branch results. Effectively manages staff coverage levels and coordinates work of employees. Performs routine and complex member transactions accurately and efficiently and responds to member requests, problems or complaints. Processes new account applications for individual members and business accounts
Performs and coordinates collections/negotiations on problem loans
Responsible for maintaining cash drawer, vault and ATM machines
Interviews and closes loans for members applying for consumer loans, approving or denying loans within lending authority and recommending on loans above lending authority. Maintains sufficient knowledge to assist with other types of loan applications
Actively participates in community relations efforts to contribute to the mission and visibility of Magnifi Financial
Qualification
Required
Associates degree in business, finance or equivalent business related field
Three years' work experience in a financial institution and two years previous supervisory/manager experience in a customer service related position; or equivalent knowledge and skills gained through a minimum of 6 years related work experience
Preferred
Supervisory/Manager experience in a financial institution preferred
Benefits
Opportunities for Training and Development
Leadership Development
Job Level Advancement (ability to move up in your position through training and development)
Tuition Reimbursement
32 Hours Volunteer Paid Time Off
Paid Time Off - starting at 4 weeks per year for FT; prorated for PT
Medical
Dental
Vision
Employer paid Life Insurance/AD&D
Employer paid Disability Insurance
Retirement Plan - Employer match up to 4%, eligible for annual profit sharing
Paid Parental Leave
Bonus/Incentive Program
Health and Wellness Programs
Company
Magnifi Financial
Magnifi Financial is a member-owned financial services cooperative headquartered in Melrose, Minnesota.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
jerry cross
President/CEO
Brent Lundell
VP SBA CBO II
Recent News
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