Full-Time

Bank Relationship Manager

Confirmed live in the last 24 hours

Treasury Prime

Treasury Prime

51-200 employees

API platform for bank-fintech integration

Fintech
Financial Services

Compensation Overview

$130k - $170kAnnually

Mid, Senior

Remote in USA + 1 more

More locations: Remote in Canada

Category
Commercial Banking
Finance & Banking
Required Skills
Product Management
Requirements
  • Outstanding relationship competencies and a long-term, trust-based, partnership mindset—your customers and colleagues like working with you!
  • Ability to understand the highly regulated banking industry and relate it to the complex technical requirements of our fintech partners
  • Ability to develop and execute partnership plans spanning multiple banks and fintechs
  • Strong presentation skills for both virtual and in-person meetings with multiple stakeholders
  • Proven ability to interact and articulate complex solutions to all levels of a banking organization - from CEOs and chairpersons of boards to operations and compliance managers
  • Ability to operate in a highly ambiguous and fast-paced environment all while having the organization to multi-task and prioritize
  • Strong interest in the intersection of technology and financial services
Responsibilities
  • Own the ongoing, strategic relationships with our Bank clients and drive their BaaS (banking-as-a-service) business
  • Be the primary point of contact and relationship owner for the Banks
  • Leverage a deep understanding of Treasury Prime's products and APIs to help customers grow their businesses
  • Partner with the bank to understand their sales motion and help build processes to complement them
  • Make sure the lead generation process is tuned to your banks’ interests and opportunities are shared properly
  • Align our bank and fintech partners together; cultivating the trilateral relationship within the Treasury Prime ecosystem
  • Responsible for product/service renewals, retention, and “add-ons” for bank and enterprise clients under your purview
  • Lead quarterly business reviews with banks to not only understand their goals but to reflect on and strengthen the relationship with Treasury Prime
  • Assist in facilitation and oversight of new bank and fintech implementations; and ongoing product implementations across customers
  • Effectively manage and navigate customer pain points, disputes, and partnership risk
  • Update and manage account information in the SFDC database for your clients
  • Lead, navigate, and advocate for your customer throughout their Treasury Prime journey
  • Be the voice of the customer in our product planning and development prioritization process in collaboration with our product & engineering teams

Treasury Prime connects traditional banks with fintech companies through its API platform, which automates various financial services like transfers, wires, and ACH payments. This platform integrates directly with banks' core systems, allowing fintechs to quickly develop FDIC-insured financial services. Treasury Prime serves banks by modernizing their back-office operations, leading to increased deposits and reduced costs, while fintechs benefit from a streamlined way to partner with banks for creating secure financial products. The company charges fees for API access and services, offering a flexible and scalable solution tailored to client needs. Treasury Prime aims to enhance collaboration between banks and fintechs, driving efficiency and innovation in the financial services industry.

Company Stage

Series C

Total Funding

$67.2M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

-21%

1 year growth

-46%

2 year growth

-49%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with companies like Narmi and Footprint enhance Treasury Prime's offerings, enabling real-time payments and robust identity verification, which can drive significant growth and customer satisfaction.
  • The addition of FS Vector’s compliance training resources to the Treasury Prime Partner Marketplace strengthens the company's position in regulatory compliance, a critical area for financial services.
  • Treasury Prime's ability to modernize and automate back-office systems for banks can lead to a 30% increase in deposits at a 50% lower cost, showcasing its potential for substantial operational improvements.

What critics are saying

  • The current regulatory scrutiny and the slowdown in the banking-as-a-service sector could impact Treasury Prime's growth and revenue projections.
  • The interconnectedness of the BaaS model means that issues like the Synapse bankruptcy could have ripple effects, potentially affecting Treasury Prime's operations and client trust.

What makes Treasury Prime unique

  • Treasury Prime's API platform directly integrates with a bank's core systems, offering a seamless and efficient solution for both banks and fintechs, unlike competitors who may offer less integrated solutions.
  • The company's focus on FDIC-insured financial services provides an added layer of security and trust, distinguishing it from other fintech API providers.
  • Treasury Prime's modular approach allows clients to select specific services, making the platform highly flexible and scalable compared to more rigid offerings from competitors.

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