Banking Manager

Agency

Dept of State Treasurer

Division

Financial Operations Division

Job Classification Title

Banking Manager II (S)

Position Number

60009283

Grade

NC16

About Us

Our mission is to preserve, protect and sustain the state’s pension and healthcare plans, generate investment returns in excess of comparable public pensions, properly account for and report on all funds that are deposited, invested, and disbursed through the North Carolina Department of State Treasurer, assure the financially sound issuance of debt for state and local governments, maintain the state’s “AAA” bond rating, and provide exemplary service across all divisions of the Department.

Description of Work

Positions in this class plan, coordinate, direct, monitor and manage the workflow for one or more of the three banking units of the State of North Carolina centralized banking system: the two units in Banking Operations (Special Banking Services Unit and Disbursement Account Services Unit) or one unit in the Bank Reconciliation Unit. All of these units are part of the Financial Operations Division (FOD) of the Department of State Treasurer (DST). The FOD is responsible for the efficient and prudent management of State held assets and is comprised of six areas, two of which are Banking Operations and Bank Reconciliation. The successful operations of these units serve all State agencies, community colleges and local schools and are managed by positions in the class Banking Manager II.

The essential duties of this role require the ability to ensure operational, procedural, and regulatory requirements are met. These individuals must guarantee compliance with Federal Reserve standards, State banking regulations, statutes, rules, and agency policies. They must also possess the ability to achieve goals and objectives on a timely basis. The capability to review, interpret, and approve written reports is required, as well as the ability to understand moderately complex information from outside the organization. It is also necessary for those in these positions to possess the ability to develop relationships with outside, interested parties to achieve division/organizational goals. Employees in this class may participate in the development of financial, human resources and strategic planning. They may also undertake budget-monitoring and accountability.

Knowledge Skills and Abilities/Management Preferences

*The anticipated hiring rate for this position is up to $90,000, based on available funding and internal equity considerations.*

Do you have an extensive background in Banking Operations? Do you enjoy problem solving? Can you be a contributing member of a team? If so, the Department of State Treasurer's Financial Operations Division has a position for you as a Bank Reconciliation Manager.

The Financial Operations Division of the NC Department of State Treasurer (DST or Department) is responsible for the efficient and prudent management of state held assets. The Division is comprised of four areas: Procurement and Contracting, Banking Operations, Bank Reconciliation Unit, and Accounting.

The Banking Director oversees Banking Operations and Bank Reconciliation. The Bank Reconciliation Manager reports to the Banking Director and is responsible for reconciling all of the State Treasurer's bank accounts as well as reconciling budget code balances between the Office of State Controller and DST. Duties in this position are considered essential to banking operations for
the State of NC. This may require mandatory, on site work during adverse or crisis situations. Essential duties are a condition of continued employment.

This position will:

• Provide oversight for the timely reconciliation of over 800 State Treasurer bank accounts as well as budget codes. Interacts daily with other divisions within the Department and numerous state agencies to fulfill its accountability and compliance responsibilities.

• Provides oversight for the timely reconciliation of State Treasurer bank accounts and meets with agency fiscal staff to identify ways to improve financial operations and compliance with banking policies and procedures.

• Supervise and coach a staff of three and resolve any staffing and customer service issues.

• Serve as the Financial Operations Division's Continuity of Operations ("COOP") Coordinator. Coordinate updates to COOP related resources for the division and serve as liaison to the Department COOP lead.

• Serve as the primary back-up to the division's IT Liaison. Communicate changes in IT practices or updates to the division. Communicate division system issues to IT and track to resolution.

KNOWLEDGE, SKILLS AND ABILITIES:

Qualified applicants must possess, and application must clearly reflect work experience that demonstrates the following:

• Ability to communicate effectively and disseminate information to senior management.

• Strong interpersonal skills, excellent verbal and written communication skills and high ethical standards.

• Knowledge of human resources practices.

• Knowledge of professional banking/credit union theory, techniques, practices and procedures and may require knowledge of internal control, financial or bank auditing; skills in applying this knowledge.

• Thorough knowledge of Federal/State policies. Partners with the Office of State Controller to monitor compliance with cash management requirements.

• Extensive knowledge of banking and cash management.

• Ability to analyze and evaluate complex banking, financial and operational transactions and performance data.

Management Preferences:

• Ten years overall professional work experience.

Inquiries and applications will be kept strictly confidential.

Salary Range - $57,983 - $101,470

Position is Subject to FLSA Overtime

This position may be assigned additional job functions as needed. This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice based on business conditions or as required by the agency to fulfill its mission.

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through either years of education, years of directly related experience, OR a combination of both. See oshr.nc.gov/experience-guide for details.

The minimum Education and Experience is a bachelor’s degree in banking, finance, business administration, business systems management or a related discipline from an appropriately accredited institution and four years of management experience in the field of banking, credit union, or financial services including two years of progressive experience in the field of banking; or an equivalent combination of education and experience.

Important: This posting closes at 11:59:59 PM the night BEFORE the End Date above.

If you have student loans, becoming a state employee includes eligibility for the Public Service Loan Forgiveness Program. Visit https://studentaid.gov/ to learn more. 

This position currently qualifies for a hybrid telework option with routine office and remote workdays. The NC Department of State Treasurer trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.  

NC State Health Benefits:
The State of North Carolina offers excellent comprehensive benefits. Employees can participate in health insurance options, standard and supplemental retirement plans, and the NC Flex program (numerous high-quality, low-cost benefits on a pre-tax basis). Employees also receive paid vacation, sick, and community service leave.  In addition, paid parental leave is available to eligible employees.  

Visit the website for State Benefits

Supplemental and Contact Information

The North Carolina Department of State Treasurer (DST) is an Equal Opportunity Employer that embraces an Employment First philosophy, which consists of complying with all federal laws, state laws, and Executive Orders.  We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job.  For more information about DST: NCTreasurer | NC Treasurer.

DST uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.

Application Process
Be sure to complete the application in its entirety.   Resumes will not be accepted in place of completing this application. 

• Information should be provided in the appropriate areas, to include the following: Education, including high school and all degrees obtained, Work Experience, and Certificates & Licenses. It is critical to our screening and salary determination process that applications contain comprehensive candidate information.
• Answers to Supplemental Questions are not a substitute for providing all relevant information within the body of your application. To receive credit for the supplemental questions, you must provide supporting information within the "Work Experience" section of the application to support your answers.
• Applicants will be subject to a criminal background check.
• Due to the volume of applications received, we are unable to provide information regarding the status of your application over the phone. To check the status of your application, please log in to your account.  Upon the closing date, applications are "Under Review" and will be screened by Human Resources for qualified applicants. The hiring process may take several weeks.
• Degrees must be received from appropriately accredited institutions.  Transcripts and degree evaluations may be uploaded with your application. The State of North Carolina/Office of State Human Resources uses the National Association of Credential Evaluation Services (NACES) as a referral resource for applicants who need to have their credentials certified as equivalent.
• For a list of organizations that perform this specialized service, please visit the NACES membership website at https://www.naces.org/members. 

Degree/College Credit Verification

Degrees must be received from appropriately accredited institutions.  Transcripts, degree evaluations, and cover letters may be uploaded with your application.

Veterans’ and National Guard Preference

• Applicants seeking Veteran's Preference must attach a DD-214 Member-4 Form (Certificate of Release or Discharge from Active Duty) to their applications.
• Applicants seeking National Guard Preference must attach an NGB 23A (RPAS), along with the state application, if they are a current member of the NC National Guard in good standing. 
• Applicants who are former members of either the NC Army National Guard or the NC Air National Guard, with honorable discharge and six years of creditable service, must attach a copy of the DD 256 or NGB 22, along with the state application.

ADA Accommodations

Consistent with the Americans with Disabilities Act (ADA) and the Pregnant Workers Fairness Act (PWFA), DHHS is committed to the full inclusion of all qualified individuals. As part of this commitment, DHHS will ensure that people with disabilities, or known limitations covered by the PWFA, are provided with reasonable accommodation.  If reasonable accommodation is needed to participate in the job application or interview process, please contact the person indicated below.

Background Check

• The selected candidate will be subject to a criminal history background check through Castle Branch.
• One or more of the following may also be reviewed, depending on the nature and requirements of the position: employment history, professional references, credit history, and educational verification (i.e., degree, license, or official transcript).
• The selected candidate will be required to pass the background check to the satisfaction of the North Carolina Department of State Treasurer. All offers of employment are conditional until the satisfactory completion of the background check.

Contact Information: 

If there are any questions about this posting, other than your application status, please email the NC Department of State Treasurer at [email protected].

The Department of State Treasurer's campus is located on Atlantic Avenue, is surrounded by many shopping centers and restaurants, has access to a 24-hour 7-day a week free gym on the campus, and has free employee parking.

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.

EEO Statement

The State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation. The state provides reasonable accommodation to employees and applicants with disabilities; known limitations related to pregnancy, childbirth, or related medical conditions; and for religious beliefs, observances, and practices.

Recruiter:

Leonard C Harper

Recruiter Email:

[email protected]