AVP Cash Management Officer

Position Summary

The AVP Cash Management & Deposit Growth is a strategic leadership role responsible for driving deposit growth, enhancing treasury/cash management offerings, and aligning execution across the bank. This role will partner closely with Commercial Banking, Retail Banking, Operations, and Technology to design and implement initiatives that grow low-cost deposits, deepen client relationships, and improve overall product utilization.

Given the bank’s predominantly commercial loan portfolio, this role will play a critical part in strengthening deposit relationships with commercial clients while expanding fee-based and treasury management services.

Key Responsibilities

Strategy & Planning

• Develop and execute a comprehensive deposit growth strategy aligned with the bank’s balance sheet and funding objectives
• Identify opportunities to grow operating deposits, commercial balances, and treasury management revenue
• Analyze deposit trends, pricing strategies, and competitive positioning within the Minnesota market
• Partner with leadership to establish goals, KPIs, and long-term roadmap for cash management and deposit initiatives

Program & Initiative Management

• Lead cross-functional programs designed to drive deposit acquisition, retention, and product adoption
• Prioritize and manage a portfolio of initiatives, ensuring alignment with strategic objectives and resource capacity
• Track progress against goals and provide regular updates to executive leadership
• Deliver structured execution plans, timelines, and performance metrics

Commercial & Treasury Management Focus

• Partner with Commercial Banking teams to deepen relationships with existing clients and attract new deposit relationships
• Enhance cash management products and services (e.g., ACH, wire, remote deposit capture, liquidity solutions)
• Support the sales process through product expertise, pricing guidance, and solution development; train and administer commercial customers post-sale
• Identify cross-sell opportunities tied to commercial lending relationships

Product & Process Optimization

• Evaluate current treasury management and deposit products; recommend enhancements or new offerings
• Collaborate with Operations and Technology to improve service delivery, onboarding, and client experience
• Streamline processes to improve efficiency and scalability

Data & Performance Management

• Monitor deposit growth, cost of funds, and product performance
• Develop reporting and dashboards to track key metrics and provide actionable insights
• Use data to inform decision-making and continuous improvement

Market & Client Insights

• Stay informed on industry trends, competitor offerings, and regulatory considerations
• Gather feedback from clients and internal teams to refine strategy and offerings

Branch Management – Eagan Location (approximately 15%)

• Provide direct leadership and oversight for the Eagan branch, ensuring strong operational performance, customer experience, and alignment with deposit growth goals
• Coach and support branch staff on sales execution, relationship management, operational adherence, and deposit acquisition
• Provide limited, as‑needed backup coverage for teller and platform functions during staff absences, peak volume, or operational necessity.
• May assist with basic transaction processing, account opening or maintenance, and customer support on an intermittent basis only.
• Assist branch team members with questions regarding business and personal online banking enrollment and customer support.
• Order branch and office supplies as needed.
• Support branch security and facilities coordination, including alarm testing, physical security checks, and system access setup for new hires.
• Monitor basic building and equipment needs and coordinate routine maintenance (e.g., HVAC, vendor follow‑up).

Qualifications

Required

• Bachelor’s degree in Business, Finance, or related field
• 5–10 years of experience in banking, treasury management, commercial banking, or related area
• Demonstrated experience in program/project management with cross-functional teams
• Strong understanding of deposit products, cash management services, and commercial client needs

Preferred

• Experience in a community or regional bank environment
• Knowledge of commercial lending and relationship-based banking models
• Familiarity with treasury management systems and digital banking platforms
• PMP or similar certification (a plus)

Skills & Competencies

• Strategic thinker with strong execution focus
• Ability to influence and collaborate across teams without direct authority
• Analytical mindset with proficiency in data interpretation and reporting
• Strong communication and presentation skills
• Customer-centric approach with focus on relationship building
• Highly organized, adaptable, and results-oriented

* The bank will provide reasonable accommodations to qualified individuals with

disabilities to enable them to perform the essential functions of the position, consistent

with applicable law.

Why Join Prime Security Bank?

• Community‑focused banking environment
• Ability to play a key role in strengthening the bank’s funding base and improving profitability, while helping ensure balanced growth, stronger client relationships, and sustainable performance.
• Visible impact and close collaboration with lenders and leadership
• Relationship‑driven organization that values consistency, trust, and long‑term partnerships
• Competitive salary, discretionary bonus eligible, and a comprehensive benefits package including health, retirement, and paid time off
• The posted salary range for this position is $72,500-$85,500 and represents the expected compensation for this role at the time of posting. Final pay will be based on the selected candidate’s qualifications, experience, job‑related skills, and alignment with internal compensation practices.

Pay: $72,500.00 - $85,500.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person

Salary : $72,500 - $85,500