Director, Client Money Movement

Strada•US-TX-Texas-Virtual, TX

1d•$96,740 - $179,660

About The Position

As Director, Client Money Movement, you will lead the strategy, governance, infrastructure, and execution of Strada's end-to-end client fund movement ecosystem. This highly visible leadership role is responsible for the secure, compliant, and efficient movement of client funds supporting payroll, tax remittance, garnishments, benefit payments, and other disbursement services. You will establish and scale a best-in-class Money Movement function, designing future-state operating models, banking infrastructure, controls, reconciliation processes, and payment workflows. You will partner closely with Treasury, Finance, Product, Technology, Compliance, Client Operations, and banking partners. The successful candidate brings expertise in payments, treasury operations, payroll funding, financial controls, and regulatory compliance, along with the ability to drive organizational transformation, automation, and strategic growth. The role serves as the executive owner of the client money movement lifecycle, ensuring operational excellence, regulatory compliance, strong financial stewardship, and an exceptional client experience.

Requirements

Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field.
10+ years of progressive experience in payments, treasury operations, payroll funding, banking operations, fintech, financial services, or related fields.
5+ years of leadership experience managing large-scale operational teams and cross-functional programs.
Experience managing client funds, settlement operations, and regulated money movement environments.
Demonstrated success building or transforming payments, treasury, or financial operations functions.
Experience working with banking partners, payment processors, and treasury technologies.
Deep knowledge of ACH, wire transfers, settlement operations, and payment ecosystems.
Strong understanding of client fund accounting and reconciliation practices.
Working knowledge of NACHA, BSA/AML, payment regulations, and financial controls.
Experience with treasury management systems, banking platforms, and payment technologies.
Strong analytical, communication, stakeholder management, and executive presentation skills.
Current and future work authorization in the country where applying, without the need for visa sponsorship by Strada.

Nice To Haves

MBA, CPA, CTP, or similar professional designation.
Experience in payroll funding and settlement operations.
Experience with employer tax remittance and garnishment payment processing.
Experience in fintech or payroll technology environments.
Experience leading large-scale automation or digital transformation initiatives.
Experience with multi-bank, multi-country payment operations.

Responsibilities

Define and execute the strategic vision for Strada's Client Money Movement organization.
Design and optimize end-to-end processes for payroll funding, tax payments, garnishments, benefits, and other client disbursements.
Develop future-state operating models that improve scalability, automation, Straight Through Processing (STP), and operational resilience.
Lead transformation initiatives that simplify workflows, improve client experience, and reduce operational risk.
Establish KPIs, SLAs, and performance metrics to make operational effectiveness and risk visible.
Establish governance frameworks for managing client funds, including individual and commingled account structures.
Ensure proper segregation, safeguarding, allocation, and accounting of client funds.
Oversee daily, monthly, and quarterly reconciliations across bank accounts, subledgers, and general ledger activity.
Partner with Finance and Treasury teams on accurate accounting, reporting, and financial transparency.
Develop and maintain controls that support audit readiness and regulatory compliance.
Partner with Treasury to develop funding, liquidity, and cash positioning strategies.
Ensure client funds are received and available before disbursement while maintaining appropriate risk controls.
Evaluate opportunities to optimize liquidity and float income while maintaining regulatory and fiduciary responsibilities.
Oversee forecasting and visibility into client fund requirements, settlement obligations, and cash flows.
Lead design and optimization of funding and disbursement processes across ACH, wire, RTP, and emerging payment rails.
Own relationships with banking partners, payment processors, and financial technology vendors.
Define requirements for payment systems, treasury platforms, settlement solutions, and banking integrations.
Ensure payment infrastructure is resilient, scalable, and operationally effective.
Improve payment processing efficiency and transaction success rates.
Develop and maintain a comprehensive risk and control framework for money movement operations.
Ensure compliance with NACHA, BSA/AML, banking regulations, and applicable payment and financial services requirements.
Partner with Compliance, Risk, and Legal teams to address evolving regulatory requirements.
Lead responses to audits, examinations, and compliance reviews.
Establish monitoring and governance processes for operational, financial, and regulatory risk.
Partner with Product and Engineering teams to modernize money movement capabilities.
Drive automation initiatives that increase STP and reduce manual intervention.
Develop a long-term technology roadmap for client fund management and payment operations.
Identify integration requirements across payroll, HR, banking, treasury, and payment ecosystems.
Promote data-driven decision-making and operational intelligence capabilities.
Build, lead, and develop a high-performing Money Movement organization.
Establish organizational structure, operating procedures, and accountability frameworks.
Represent Money Movement Operations with senior leadership, clients, auditors, banking partners, and Board-level stakeholders.
Foster accountability, continuous improvement, innovation, and risk awareness.