Phaxis

Deposit Portfolio Manager (AVP) - Hybrid in Midtown!

Phaxis New York City Metropolitan Area
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Erin Kelley

Erin Kelley

Sun Lover ☀️ - Connecting Top Accounting & Finance Talent with Leading Firms - Specialized Career Matchmaker

A commercial banking client of mine is looking to bring on an AVP - Deposit Portfolio Manager to join their team!!!


Direct Hire - Hybrid (3 days in Midtown) - 100-140k base


Requirements:

  • 4+ years of experience working with 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/Wholesale Banking segments


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.

  • Seniority level

    Mid-Senior level
  • Employment type

    Full-time
  • Job function

    Finance
  • Industries

    Banking

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