Summit Credit Union logo

VP - Deposit & Payment Operations

Summit Credit UnionCottage Grove, WI

Overview

Schedule
Full-time
Career level
Executive
Remote
On-site
Benefits
Health Insurance
Family/Dependent Health
Paid Holidays

Job Description

At Summit Credit Union, we believe members deserve secure, seamless, and innovative ways to manage their money. As our Vice President of Deposit and Payment Operations, you'll provide strategic leadership for our deposit and payment operations functions, ensuring exceptional service, operational excellence, regulatory compliance, and sustainable growth across our payment and deposit product portfolio.

If you're a visionary leader who thrives on driving operational excellence, developing high-performing teams, leveraging data-driven decision-making, and creating outstanding member experiences, this may be your next great opportunity.

What You'll Do (Your Impact)

  • Lead Strategic Growth by developing and executing strategies that achieve annual growth targets for deposits, credit card products, and payment services while supporting the credit union's overall vision.
  • Champion Operational Excellence by overseeing all aspects of deposit and payment operations, including account opening and maintenance, check processing, electronic funds transfers, wire transfers, card services, and fraud prevention.
  • Drive Innovation & Improvement by identifying opportunities to enhance products, services, systems, and processes through operational efficiencies, automation, and emerging industry trends.
  • Ensure Compliance & Risk Management by maintaining policies, procedures, and practices that align with regulatory requirements, internal standards, and sound risk mitigation strategies.
  • Leverage Data & Insights to establish strategic direction for deposit products, payment services, and supporting operations that meet member needs and drive profitable growth.
  • Build Strong Partnerships with vendors, business partners, and internal stakeholders to deliver positive outcomes and improve organizational performance.
  • Manage Financial Performance by monitoring revenue and expense performance, forecasting results, and making strategic adjustments to achieve business objectives.
  • Inspire & Develop Talent by fostering a culture of accountability, recognition, growth, and continuous learning while leading and developing a high-performing operations team.
  • Enhance the Member Experience by ensuring deposit and payment services are efficient, reliable, secure, and responsive to the evolving needs of members and prospective members.

What You Bring

  • Bachelor's degree in Business, Finance, Accounting, or a related field (or equivalent applicable experience).
  • 10+ years of progressive experience in deposit and payment operations within a credit union or financial institution.
  • 5+ years of leadership experience with a demonstrated ability to build, develop, and lead successful teams.
  • Extensive knowledge of deposit products, payment services, card operations, fraud prevention, and related regulations.
  • Strong analytical, problem-solving, and decision-making skills, with the ability to interpret data, identify trends, and drive informed business decisions.
  • Excellent communication, presentation, and interpersonal skills with the ability to influence and collaborate across all levels of the organization.
  • Proven experience managing operational performance, vendor relationships, and strategic initiatives.
  • High degree of professionalism, integrity, and discretion when handling sensitive and confidential information.
  • Proficiency with Microsoft Office applications and other relevant financial services technologies and systems.

Why You'll Love Working Here

We take care of our people, because when our employees thrive, our members do too.

Our perks include:

  • Excellent health insurance options to support you and your family
  • 401(k) with employer match to help you invest in your future
  • Generous paid time off so you can recharge and live your life
  • Paid holidays and wellness-focused benefits
  • Opportunities for professional growth and executive leadership development
  • A people-first culture that values inclusion, purpose, and impact
  • The opportunity to shape strategy and drive meaningful organizational results
  • And more benefits designed to support you, at work and beyond

Our Commitment

At Summit Credit Union, different makes us better. We are proud to be an Equal Employment Opportunity employer and are committed to building a diverse, inclusive workplace where everyone belongs and can do their best work.

Ready to Make an Impact?

If you're passionate about leading people, driving innovation, strengthening operations, and creating exceptional experiences for members, we'd love to meet you

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FAQs About VP - Deposit & Payment Operations Jobs at Summit Credit Union

What is the work location for this position at Summit Credit Union?
This job at Summit Credit Union is located in Cottage Grove, WI, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Summit Credit Union?
Employer has not shared pay details for this role.
What employment applies to this position at Summit Credit Union?
Summit Credit Union lists this role as a Full-time position.
What experience level is required for this role at Summit Credit Union?
Summit Credit Union is looking for a candidate with "Executive" experience level.
What benefits are offered by Summit Credit Union for this role?
Summit Credit Union offers following benefits: Health Insurance, Family/Dependent Health, Paid Holidays, Paid Vacation, Career Development, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Summit Credit Union?
You can apply for this role at Summit Credit Union either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.