Banking Manager

State of North Carolina•Wake County, NC

14h•Hybrid

About The Position

Positions in this class plan, coordinate, direct, monitor and manage the workflow for one or more of the three banking units of the State of North Carolina centralized banking system: the two units in Banking Operations (Special Banking Services Unit and Disbursement Account Services Unit) or one unit in the Bank Reconciliation Unit. All of these units are part of the Financial Operations Division (FOD) of the Department of State Treasurer (DST). The FOD is responsible for the efficient and prudent management of State held assets and is comprised of six areas, two of which are Banking Operations and Bank Reconciliation. The successful operations of these units serve all State agencies, community colleges and local schools and are managed by positions in the class Banking Manager II. The essential duties of this role require the ability to ensure operational, procedural, and regulatory requirements are met. These individuals must guarantee compliance with Federal Reserve standards, State banking regulations, statutes, rules, and agency policies. They must also possess the ability to achieve goals and objectives on a timely basis. The capability to review, interpret, and approve written reports is required, as well as the ability to understand moderately complex information from outside the organization. It is also necessary for those in these positions to possess the ability to develop relationships with outside, interested parties to achieve division/organizational goals. Employees in this class may participate in the development of financial, human resources and strategic planning. They may also undertake budget-monitoring and accountability.

Requirements

Ability to communicate effectively and disseminate information to senior management.
Strong interpersonal skills, excellent verbal and written communication skills and high ethical standards.
Knowledge of human resources practices.
Knowledge of professional banking/credit union theory, techniques, practices and procedures and may require knowledge of internal control, financial or bank auditing; skills in applying this knowledge.
Thorough knowledge of Federal/State policies.
Partners with the Office of State Controller to monitor compliance with cash management requirements.
Extensive knowledge of banking and cash management.
Ability to analyze and evaluate complex banking, financial and operational transactions and performance data.
A bachelor’s degree in banking, finance, business administration, business systems management or a related discipline from an appropriately accredited institution and four years of management experience in the field of banking, credit union, or financial services including two years of progressive experience in the field of banking; or an equivalent combination of education and experience.

Nice To Haves

Ten years overall professional work experience.

Responsibilities

Provide oversight for the timely reconciliation of over 800 State Treasurer bank accounts as well as budget codes.
Interacts daily with other divisions within the Department and numerous state agencies to fulfill its accountability and compliance responsibilities.
Provides oversight for the timely reconciliation of State Treasurer bank accounts and meets with agency fiscal staff to identify ways to improve financial operations and compliance with banking policies and procedures.
Supervise and coach a staff of three and resolve any staffing and customer service issues.
Serve as the Financial Operations Division's Continuity of Operations ("COOP") Coordinator.
Coordinate updates to COOP related resources for the division and serve as liaison to the Department COOP lead.
Serve as the primary back-up to the division's IT Liaison.
Communicate changes in IT practices or updates to the division.
Communicate division system issues to IT and track to resolution.