
AVP Treasury Management - Cannabis
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Job Description
We are seeking a driven and self-motivated AVP Treasury Management- Cannabis to join our team in St. Louis Park. Reporting to the VP of Treasury Management, the AVP Treasury Management - Cannabis promotes Bridgewater Bank's Cannabis banking program and deposit and treasury management products and services to clients and prospects as well as ensures internal staff are aware of features, benefits, and properly identifies referral opportunities. Additionally, the AVP will focus on networking and selling within the Cannabis industry.
RESPONSIBILITIES:
- Identify and develop Cannabis banking sales opportunities while acting on and closing all leads generated internally and externally from various delivery channels.
- Attend regular pipeline meetings, and periodic loan committee meetings.
- Conduct client/prospect needs analysis.
- Act as lead business development representative for Cannabis and Treasury Management prospects and proposal issuance.
- Follow up with clients and internal stakeholders to ensure proper implementation regarding all applicable documentation and necessary paperwork for proper compliance.
- Develop proposed service solutions/sales presentations to assist businesses and organizations to make efficient use of BWB Cannabis, Treasury Management and deposit products and services.
- Network and build relationships within the Cannabis industry to identify and develop new business opportunities.
- Promote and sell Treasury Management products and services tailored to the needs of Cannabis businesses.
- Duties: 60% support of Cannabis referral activity, 40% new relationship generation, including Cannabis industry networking and sales.
QUALIFICATIONS:
- Bachelor's degree in business or related field and 2-3 years of banking experience, preferably banking sales, Cannabis and/or Treasury Management.
- Proven sales and business development skills.
- Exceptional business acumen and relationship management skills.
- Strong financial management skills and operational expertise.
- Excellent written, verbal, and interpersonal communication skills.
- Demonstrated ability to handle various types of client inquiries.
- Must be able to work independently and coordinate effectively in a team environment.
- Knowledge of key vendors a plus: Fiserv, Jack Henry, third parties, etc.
- Experience or interest in the Cannabis industry is highly desirable.
ABOUT BRIDGEWATER BANK:
Picture yourself at one of the Twin Cities' best places to work, surrounded by people who challenge you, support you, and inspire you to be your best. Welcome to Bridgewater Bank.
We are on a mission to be the finest entrepreneurial bank in the Twin Cities. Like true entrepreneurs, we run fast and lean. We are in constant evolution and the runway for personal and professional growth is long. People are our strength, and that's why we've created and sustained an award-winning culture that promotes growth and celebrates the big and little wins along the way.
At the end of the day, we believe competitive salaries, top-tier benefits, a hybrid work model, and transparency into the business is a given. Working together toward something meaningful with people you enjoy, is just a bonus!
COMPENSATION & BENEFITS:
The typical annual/hourly base pay range for this role is between $101,380 - $121,500. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.
Bridgewater Bank provides a broad offering of competitive benefits including (but not limited to):
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Parental leave
- 401(k) with employer match
- Paid vacation & paid holidays
PLEASE NOTE:
The above is intended to describe the general content of and requirements for this position. It is not to be construed as an exhaustive list of duties, responsibilities, or requirements. It is Bridgewater Bank's policy to promote equal employment opportunities. All personnel decisions, including, but not limited to, recruiting, hiring, training, promotion, compensation, benefits and termination, are made without regard to race, creed, color, religion, national origin, sex, age, marital status, sexual orientation, gender identity, citizenship status, veteran status, disability or any other characteristic protected by applicable federal, state or local law.
STATUS: Exempt
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