Head of Partner Banking (Banking as a Service)

Valley National Bank
$143,900.00-$260,700.00
United States, New Jersey, Morristown
70 Speedwell Avenue (Show on map)
Oct 01, 2024
The Head of Partner Banking is responsible for building infrastructure and mutually beneficial financial relationships with technology companies looking to leverage Valley's deposit and payment processing capabilities. Monday-Friday 8am-5pm and as needed Responsibilities include but are not limited to: Understand Valley's strategic and competitive position and deliver products that are recognized best in class. Build deep understanding of our different types of partner segments and Valley's respective strengths/weaknesses for each segment. Partners with operations and technology to develop and implement payment processing capabilities. Collaborate with cross-functional teams across business lines to execute ideas through all aspects of the partner lifecycle across products, legal, compliance, operations, audit and executive team. Profit and loss responsibility for Partner Banking within Valley. Develops, coaches, mentors, and manages a team of total rewards professionals. Motivates staff reviews and assesses performance, develops and builds employee skills, supports their professional development, and enables employees to optimize their contribution to the department. Define success criteria & metrics for the team's work, and positively impact those metrics. Perform other duties as deemed necessary by supervisor. Required Skills: Demonstrated knowledge of digital technologies for financial institutions. Proven track record of delivery and new product feature creation. Obsession with shipping products that customers love. Experience building an understanding of customers, and rapid iteration to quickly learn how to solve their problems (via rapid prototyping, UX research and testing, experimentation, etc) Excellent knowledge of agile software product development lifecycle. Exceptional planning, collaboration and organizational skills. Ability to multitask and prioritize assignments. Required Experience: Bachelor's degree in Finance, Business Administration, Computer Science or related field. Minimum of 7 years of relevant experience in Fintech Banking/Banking as a Service/Payments. Preferred Experience: Master's Degree Exact compensation may vary based on skills, experience, and location. $143,900.00 $260,700.00