Director of Specialty Deposits

First Business Bank • WI

97d

About The Position

First Business Bank is seeking a Director of Specialty Deposits to drive the development of deposit growth through industry expertise, established relationships, and specialized solutions. The individual will be responsible for leading strategic growth initiatives and driving new business development within the Specialty Deposit segments. This role focuses on identifying, cultivating, and managing relationships with clients in industries such as escrow, trust, title, property management, and other sectors with complex deposit needs. The Director will collaborate cross-functionally to deliver tailored deposit solutions that align with client objectives and regulatory requirements.

Requirements

• Bachelor’s degree in Finance, Business Administration, or a related field.
• Proven leadership experience in financial services, with a focus on specialty deposit and payment solutions.
• Deep understanding of financial products, industry regulations, and operational best practices.
• Strong strategic thinking, analytical, and problem-solving skills.
• Excellent communication and relationship-building abilities.
• Experience working across multiple verticals and adapting solutions to meet diverse client needs.

Responsibilities

• Identify and pursue new business opportunities within specialty deposit verticals.
• Represent the bank at industry events and conferences.
• Lead the strategy, deposit growth, and delivery of specialty deposit and payment solutions tailored to the unique needs of clients across verticals such as Escrow and Title/Escrow/Data Services, HOA and Property Management, National Power and Utilities, Professional Fiduciaries, Class Action Administration Clients, and Healthcare.
• Collaborate cross-functionally with technology, compliance, sales, and operations teams to ensure seamless product integration and delivery.
• Stay ahead of market trends and regulatory changes to identify new opportunities and ensure solutions remain competitive and compliant.
• Build and maintain strong relationships with clients, industry partners, and regulatory bodies to support long-term growth and trust.
• Provide regular performance updates and strategic insights to senior leadership.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: Bachelor's degree