GM Financial · 18 hours ago
VP Deposit Operations- GM Financial Bank
Salt Lake City, UT
Full-time
Hybrid
Mid, Senior Level
7+ years expGM Financial Bank is a newly formed bank focused on shaping a customer-centric banking experience. The VP Deposit Operations is responsible for optimizing the bank's deposit portfolio through strategic pricing and relationship management while ensuring regulatory compliance and operational excellence.
Finance
Responsibilities
Develop and implement deposit pricing strategies across retail, brokered, and digital channels
Monitor market trends and competitor rates to inform pricing decisions
Present pricing recommendations to the Rate Committee and adjust strategies based on market dynamics and funding needs
Lead the end‑to‑end implementation, configuration, and optimization of a retail deposit platform, ensuring alignment with operational, regulatory, and customer‑experience requirements
Manage and cultivate relationships with deposit brokers and digital deposit platforms
Serve as the primary liaison for external deposit platforms and ensure service-level expectations are met
Supervise the performance of deposit platforms
Address and resolve customer service issues in coordination with internal and external stakeholders
Ensure adherence to regulatory requirements, including brokered deposit restrictions and reporting obligations
Lead and mentor a team of two Deposit Pricing & Relationships Analysts
Oversee the team’s work on pricing analysis, rate change proposals, and partner support
Foster a culture of data-driven decision-making and continuous improvement
Prepare and present regular reports on deposit performance, pricing effectiveness, and partner metrics
Collaborate with Compliance and Risk teams to ensure all deposit activities meet regulatory standards
Qualification
Required
Must have in-depth understanding industry-specific knowledge and technical expertise
Industry Expertise: In-depth knowledge of deposit products, pricing strategies, and funding channels (retail, brokered, digital)
Regulatory Knowledge: Familiarity with FDIC regulations, brokered deposit rules, and compliance standards
Technical Acumen: Understanding of core banking systems and digital deposit platforms
Advanced understanding of macro, economic and credit trends as it pertains to capital markets
Excellent communication skills with ability to effectively and proactively communicate with all levels of the organization including senior management and external constituents
Strong ability to analyze complex information and make effective decisions based on analysis
Advanced ability to negotiate legal documents with internal/external counsel and manage projects
Excellent organizational, detail orientation and time management skills
Strong leadership skills in developing highly engaged teams
Excellent computer skills are required including advanced MS Excel and MS PowerPoint
7-10 years' experience in corporate finance, treasury or banking required
5-7 years' supervisory or other management experience required
Bachelor's Degree in related field of study required
Preferred
Master's Degree or certification (MBA, CFA) preferred
Prior experience working in or with a state chartered Industrial Bank in the state of Utah or similar regulated financial institution is a strong plus
Benefits
401K matching
Bonding leave for new parents (12 weeks, 100% paid)
Tuition assistance
Training
GM employee auto discount
Community service pay
Nine company holidays
Company
GM Financial
GM Financial is the captive finance company and a wholly-owned subsidiary of General Motors Company.
5001-10000 employees
H1B Sponsorship
GM Financial has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (101)
2024 (91)
2023 (86)
2022 (81)
2021 (55)
2020 (50)
Funding
Current Stage
Late StageTotal Funding
unknown2010-09-29Acquired
Leadership Team
Katie DeGraaf
Senior Vice President, OnStar Insurance, Product & Telematics
Ross Reichardt
Chief of Staff; General Motors Insurance
Recent News
2025-11-12
2025-11-04
2025-10-10
Company data provided by crunchbase