Sr Specialty Deposits Manager - Denver, CO

At Vectra Bank, the Rocky Mountain region is a part of who we are, and we understand why families and businesses choose to live, grow, and play here. Consistently recognized as a Top Workplace by The Denver Post, we offer our customers and employees the best of both worlds: broad reach and depth of financial resources alongside unparalleled personal attention. At Vectra, we think creatively of shaping custom financial solutions for those raising a family or creating the next great local business. We are as passionate about business as we are about success.  

At Vectra, we’re committed to making our company a great place to work and grow your career. We seek dedicated employees whose diversity, talent, drive, and innovative ideas add value to our customers, our colleagues and to our communities. At Vectra, we actively listen to our employees and our customers, initiate contact, provide solutions, and proactively focus on building relationships – not increasing transactions. We do this by offering technology and resources typically only found within larger banks and combining those resources with an exceptional level of service more commonly associated with community banks and smaller financial institutions. We personify this difference through our tagline: Big Enough to Count / Small Enough to Care.  

With benefits starting on day one, over 11 bank holidays, and a company committed to career growth and advancement, Vectra is dedicated to being an employer of choice in our industry and community. At Vectra Bank, the possibilities are endless – come for a job, stay for a career.  

Vectra Bank Colorado is excited to offer an opportunity as a Senior Specialty Deposits Manager to an experienced candidate.

 Essential Functions:

• Oversees sales, marketing, and operational efforts for Specialty Deposits, serving fiduciary banking needs for escrow companies, title companies, 1031 Exchange accommodators, property management firms, community associations, and similar businesses.
• Provides leadership and strategic direction bank-wide to drive new business development and sales initiatives.
• Advises officers on the promotion and structuring of specialty deposits while identifying and referring business lending opportunities.
• Develops, implements, and updates marketing and operational policies and procedures.
• Develops resolutions to complex problems that require the frequent use of creativity. Uses judgment within broadly defined policies and practices.
• Manages the activities of a diverse functional area through department supervisors/ managers or a group of professional employees.
• Maintains responsibility for planning, budgeting, and monitoring long term strategic initiatives. May influence department organizational structure.
• Conducts long-term planning to determine the future direction of the organization.
• Interprets and recommends modifications to department or company policies and procedures.
• Manages development and implementation of department projects through team members.
• Errors in decisions normally result in failure to achieve critical goals and company objectives.
• Interacts with executives and major clients to enhance programs to enhance department programs within the organization and to impact the achievement of departmental objectives.
• Consults top management in long-range strategic planning activities.
• Serves as a prime spokesman in professional field of expertise.
• Utilizes extensive interpersonal skills in motivating employees and influences senior management.
• Leads resolutions for complex customer and regulatory challenges.
• Manages hiring, transfers, terminations, and performance evaluations.
• Additional responsibilities as assigned.

Qualifications:

• Requires a Bachelor's degree in finance, business or a related field and 8+ years of banking, business development, sales strategy, specialty deposits or other directly related experience, management experience required.
• Requires an in-depth knowledge of business development, sales, banking and bank products.
• Must have strong of fiduciary banking serving escrow companies, title companies, 1031 Exchange accommodators, property management firms, community associations and other similar businesses.
• Exhibits an exceptional degree of ingenuity, creativity and resourcefulness in decision making and problem solving.
• Maintains expertise in regulatory requirements related to specialty deposits.

You must want to be a part of a motivated and driven team and work under respected leaders. We need someone who is proactive, who has a great attitude, who is confident and wants to work with professional people and will inspire them to achieve the department initiatives.

This position is eligible to earn a base salary in the range of $185,000 - $240,000 annually depending on job-related factors. Final offer amounts are determined by multiple factors such as but not limited to, level of experience, skills, expertise, location, education, and certifications.

Benefits:

• Medical, Dental and Vision Insurance – START DAY ONE!
• Life and Disability Insurance, Paid Paternal Leave, and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA), and dependent care accounts
• Paid Training, Paid Time Off (PTO), and 11 Paid Federal Holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits, including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees
• Employee Ambassador preferred banking products