Bank Relations - Lead Manager

Description

Location:

This position is based in the United States. While this is a remote flexible role it is required to reside in this country.

Who we are:

MoneyGram is a customer-centric, digital-first, cross-border money movement network. Through our strong culture of fintech innovation, we're transforming the way consumers and businesses send and receive money in nearly every country around the world.

Thanks to our cutting-edge platform and strategic partnerships with some of the world's leading brands, we are helping our millions of customers globally do more with their money through a comprehensive suite of digital and in-person products and services.

This is all made possible by our dedicated and diverse team of professionals around the world. If you're ready for a career journey filled with exciting opportunities, come aboard and let's drive the future of payments together at MoneyGram!

The Numbers:

• We serve over 50 million people every year in over 200 countries and territories

• We're a global team of over 2,000 from 36 countries around the world

• We process over $200 billion annually with digital transactions now making up about 50% of our money transfer business

• We're known for our strong culture globally, demonstrated by:

o "Top Workplaces USA" award winner (three consecutive years in a row!)

o One of the "Best Places to Work" in the Middle East

o Winner of many regional awards, such as "Friendly Workplace in Poland" and "Top Workplace in DFW" by The Dallas Morning News

What you will contribute:

As part of the Corporate Treasury team at MoneyGram, you will be able to provide oversight of the bank relationship management process. The individual need to forge relationships with existing and new banks and will be the main point of communication between the company and its banking partners. The individual will also be responsible for tracking all signers, and work with legal to keep necessary banking resolutions up to date for all global bank accounts. The individual will need to field and research inquiries from banks for know your customer (KYC) and compliance purposes. Lead team of two Bank Relationship Analysts in North America and Europe.

What you'll do:

• Oversee & complete incoming bank inquiries & requests, including: Account openings, KYC, Compliance, Signor updates and other administrative requirements.

• Pipeline/Workflow coordination and prioritization.

• Team management & leadership to maximize efficiencies with deliverable dates/SLAs.

• Collaborate with internal departments, such as cash management, legal, compliance, credit, sales, and product. This involves delivering onboarding forms, entity information, and documentation requirements to update and/or produce necessary documents such as banking resolutions, and incumbency certificates.

• Proactive prioritization of tasks in alignment with strategic Corporate & Treasury objectives to determine if high priority delegation is deemed acceptable.

• Relationship building with Banking Partners to ensure good standing and alliance. Pushback on certain requirements as seemed fit.

• Stay current on new company product offerings, legal entities, new account requirements, terminated entities or accounts, other general corporate initiatives which will require changes to the accounts, and effectively plan for timely implementation of account changes.

• Able to flex out of core position to support daily treasury operations including Cash Management, FX, and Capital Markets.

• Engage in development of team best practices and standardizations.

• Provide valuable insight on European business processes to align team priorities and mitigate risks.

• Possess a continuous and consistent client facing background that includes, but is not limited to, large regional banks, post offices, large retailers, and financial institutions.

What we're looking for:

• Management experience - 2+ years' experience leading a team

• Strong organizational skills

• Treasury Management Systems - Kyriba a plus

• Able to build organizational process with transparency to global group

• Knowledge of the nuances of foreign banking partners

• Ability to meet tight deadlines

• Microsoft (Outlook, Word, Excel, PowerPoint)

• Workflow/Pipeline Management (ex: Salesforce)

• Bachelor's degree

• 3-5+ years professional experience working with Banks/Financial Institutions on account openings, KYC, and maintaining network relationships.

• Familiarity with Payments/Remittance sector a plus

Why you will love working here:

Your future is in your hands.

When you start a career at MoneyGram, you join a talented and motivated team that builds the success of a trusted, global provider of innovative money transfer and payment services.

Here are some reasons it is so easy to love your career with us!

• Flexible Remote First Flexibility

• Generous PTO

• 13 Paid Holidays

• Medical / Dental / Vision Insurance

• Life, Disability and other benefits

• 401K with competitive Employer Match

• Community Service Days

• Generous parental leave

Salary:

Anticipated Base Pay: $120k-$160k + participation in our annual bonus plan.

Disclaimer:

The salary/pay rate listed is a good faith determination that may be offered to a successful applicant for this position at the time of this job advertisement based on company hiring process and budget for this role and may be modified in the future. Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.