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Tradition Capital Bank

Private bank offering personalized client-focused services

Vice President Assistant Controller

Full-Time
$110k - $135k/yr+ Discretionary annual bonus
Senior, Expert
Bachelor's
Edina, MN, USA
In PersonLocal travel is expected.
AccountingFinancial Accounting

About the job

Requirements
  • Demonstrated commitment to timely, defect-free customer service.
  • Strong understanding of generally accepted accounting principles (GAAP).
  • Expert knowledge of accounting and banking industry policies, procedures, and regulations related to the role.
  • Proficiency in Microsoft Excel, Word, Outlook, and PowerPoint, with strong technical ability.
  • Ability to meet critical deadlines and prioritize and manage multiple projects and tasks.
  • Ability to perform at a high level in a fast-paced environment and adapt to change in a growing organization.
  • Accountability for compliance with the Bank Secrecy Act, consumer financial information privacy requirements, and other applicable federal and state rules and regulations.
  • A bachelor's degree in Accounting or Finance and 7–10 years of experience in an accounting or related position, or an equivalent combination of education and experience.
  • Ability to perform the essential physical requirements of the position, including occasional lifting or moving of up to 25 pounds, with assistance for heavier loads.
  • Ability to perform the essential functions in a professional office environment using standard office equipment.
  • Local travel is expected.
Responsibilities
  • Lead, manage, and hold accounting staff accountable for agreed-upon commitments and performance.
  • Review income tax and tax deferral calculations for the Bank and Holding Company's financial statements.
  • Track taxable events and coordinate submission of workpapers to external certified public accountants.
  • Ensure multiple tax payments and returns are submitted on time.
  • Manage accounting team members and ensure journal entries, accounts payable, vendor management, and other duties are completed accurately and on time.
  • Create entry schedules for the accounting team to follow throughout the year.
  • Monitor daily accounting activity, address issues, and calculate the allowance for credit losses.
  • Assist with applying new accounting standards and implementing products.
  • Create general ledger accounts, administer the Bank's employee credit card programs, administer the month-end close cycle, and perform confidential entries.
  • Account for Holding Company transactions and track shareholder activity, including treasury stock, stock options, stock grants, and dividends.
  • Prepare periodic financial statements for the Holding Company for internal use.
  • Resolve discrepancies related to the Bank's financials and systems and represent the accounting team in projects and initiatives.
  • Evaluate spreadsheet formulas and outputs for accuracy.
  • Perform other duties and activities as assigned; responsibilities may change.
Desired Qualifications
  • Certified Public Accountant (CPA) preferred.

About the company

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Tradition Capital Bank

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Tradition Capital Bank provides private banking services with a focus on personalized, one-on-one relationships. It aims to be a total solution for individuals and businesses by offering a full range of services through its strategic partner Tradition Companies, rather’t just generic banking. The product works through direct, tailored service where clients receive customized financial solutions and access to a broad set of offerings via the partner network, emphasizing relationship-based care over mass-market appeal. The company differentiates itself by prioritizing deep personal partnerships, a wide service scope via a strategic alliance, and a commitment to being a one-stop financial partner rather than a traditional mass-market bank. The goal is to help clients build dreams and futures by delivering comprehensive, relationship-driven private banking that serves both personal and business needs.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Edina, Minnesota

Founded

2005

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Simplify's Take

What believers are saying

  • January 2025 CorServ credit cards added commercial, nonprofit, consumer, and virtual-card capabilities.
  • Q2 2026 ROA hit 1.02%, showing profitable growth despite a modest branch network.
  • Scottsdale deposits of $210.3 million validate cross-market expansion beyond Minnesota.

What critics are saying

  • $2.7 billion assets and four branches limit funding diversity against larger regional rivals.
  • Q2 2026 nonperforming loans reached 1.58%, pressuring earnings if credit weakens further.
  • A concentrated founder culture creates key-person risk if Bauer or Fagan exits suddenly.

What makes Tradition Capital Bank unique

  • Tradition Capital Bank pairs concierge-style banking with construction-development lending and private-client service.
  • Joe Bauer became president in 2025, preserving founder-led relationship banking under Dan Fagan.
  • Its Scottsdale presence gives a rare Minnesota bank footprint in Arizona wealth markets.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Hybrid Work Options
  • 401(k) Retirement Plan

Company News

The Business Journals
Sep 15th, 2025
Celebrating 20 years of growing Tradition Capital Bank!

TCB also partnered with Team Open Book, (based here in MSP's Kingfield neighborhood) to develop a new, custom banking website that will share more of their story and provide additional resources for prospective clients.

FinTech Futures
Jan 9th, 2025
Tradition Capital Bank launches credit cards in collaboration with Corserv

Tradition Capital Bank has launched a new credit card programme for its commercial, small business, non-profit and consumer clients in the US, in collaboration with Corserv.

FF News
Jan 7th, 2025
Corserv And Tradition Capital Bank Partner For Improved Credit Cards

The company that empowers banks and fintechs with payment programs, CorServ and Tradition Capital Bank partner to launch an innovative credit card program for commercial, small business, nonprofit, and consumer clients.Tradition Capital Bank, a $2.6 billion commercial-focused bank with a strong presence in Minneapolis and Scottsdale, was seeking a comprehensive credit card solution to add to their suite of banking services that equip clients with new capabilities. Tradition Capital Bank elevated to CorServ’s Account Issuer Program – gaining the unique opportunity to participate in credit decisions and provide their clients with virtual cards, ghost cards, comprehensive spend controls, and self-service administration.“We believe that intentionally building relationships is key to understanding how to provide customized solutions that really work for our clients,” said Joe Bauer, President of Tradition Capital Bank. “By leveraging CorServ’s advanced technology and deep industry expertise, we can deepen our relationships and provide tailored and innovative card solutions that meet the diverse needs of our commercial, small business, nonprofit and consumer clients.”CorServ’s Account Issuer Program provides extensive capabilities including better choices of credit card products, a powerful self-service interface for company administrators to manage their cards, insightful customizable reports including Level 2 and 3 transaction data, and an included expense reporting module. With more control over credit decisions, Tradition Capital Bank will leverage CorServ’s innovative solution to offer its clients a comprehensive credit card program that competes with large National issuers, but with a local bank that they know.“CorServ’s program gives all clients a modern approach to managing credit cards with more capabilities for a convenient and simple experience,” said Anil Goyal, CEO of CorServ. “We are thrilled to partner with Tradition Capital Bank and support their vision of delivering exceptional banking experiences to their clients.”

CorServ Solutions
Jan 7th, 2025
Tradition Capital Bank Partners with CorServ for Improved Credit Cards

ATLANTA, Jan. 7, 2025 - CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Tradition Capital Bank to launch an innovative credit card program for commercial, small business, nonprofit, and consumer clients.

The Business Journals
May 20th, 2024
Joe Bauer named president of Edina's Tradition Capital Bank

Joe Bauer has been named as the new president of Tradition Capital Bank, a title previously held by the bank's cofounder and CEO, Dan Fagan.