Process Improvement Lead

Cross River•Fort Lee, NJ

64d•$110,000 - $130,000•Hybrid

About The Position

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world's most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker's list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple - our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team. At Cross River Bank, onboarding and supporting our fintech partners requires a diverse set of onboarding, engineering, operations, support and relationship management teams. As our first Process Improvement Lead (official title AVP, Process Improvement), you will be responsible for identifying and implementing the process improvements that significantly increase efficiency and partner satisfaction and also drive down cost. You will work closely with cross-functional teams to design simple, efficient processes that are aligned with business goals and objectives. You will drive the implementation and adoption of these processes using the latest change management tactics, track performance via clear KPIs and report on your progress to leadership.

Requirements

Bachelor's degree in Business Administration or a related field; Master's degree is a plus
5+ years of experience in process improvement, business transformation or a related field
Strong creative problem-solving skills. You thrive in environments where transformation is needed and flex solutions to meet the needs of the business
A bias for action: proven track record of developing and implementing successful process improvement initiatives
Ability to translate data into actionable strategies: experience with data analysis tools (SQL, Excel, etc.), data visualization tools (VIsio Power BI, Tableau, etc.) and AI tools
Excellent communication and interpersonal skills, including the ability to communicate complex ideas to both technical and non-technical audiences
Ability to influence change without formal authority
Ability to work collaboratively with cross-functional teams to drive consensus
Strong organizational and project management skills, including the ability to manage multiple projects simultaneously and prioritize effectively
Experience creating and presenting reports to senior management
Commitment to excellence and continuous improvement

Nice To Haves

Experience with process improvement methodologies such as Lean or Six Sigma
Experience with change management
A solid understanding of financial regulations like KYC and AML
Experience in programming Power Apps (Canvas, Office 365, Power BI, MS Forms, and SharePoint
Experience with AI tools
Willing to roll up your sleeves, lead from the front, and coach the team

Responsibilities

Identify process improvement opportunities with a focus on partner onboarding and support, using data analysis and stakeholder input
Utilize process improvement methodologies (e.g., Lean, Six Sigma, Agile) to develop and implement innovative strategies for process optimization
Work closely with engineering, operations, support and RMs to ensure that process improvements address cross-functional inefficiencies and issues
Use the latest change management principles, influence, training and other approaches to drive successful adoption of new processes
Create and maintain documentation of updated processes, procedures, and work instructions to facilitate process adoption, standardization and improve efficiency
Work with product and engineering to identify and deliver process automation opportunities
Define, track, and report on key performance indicators (KPIs) that measure the impact of changes on operational efficiency, cost reduction, and partner satisfaction
Communicate regularly with leadership and stakeholders to ensure that they are aware of process changes
Manage a portfolio of process improvement projects; collaborate with leadership to prioritize process improvement initiatives
Ensuring compliance with regulatory requirements, including the identification and management of risks associated with new or changed processes, appropriate controls, etc.
Stay informed on process and fintech best practices to drive continuous improvement and innovation