Senior Manager, Branch Operations
Work with the branch manager develop and implement an operating budget, business plan with sales and productivity goals, and a marketing plan containing event promotions, direct mail, and other strategies for each assigned operation. The results of these plans or progress against budget, sales, and productivity goals are reported on a regularly scheduled basis as established by the appropriate management team member.
Be a direct resource for managers on staff, technology, and budget issues to ensure member service standards are met and exceeded. The measurement of these results is measured using branch goals and other identified measurements.
Provides supervision and coaching to Branch Managers, evaluating productivity and sales goals for staff members, regularly reviewing verbal and written evaluations, administering corrective disciplinary action and counseling for Managers who are not meeting their standards and/or not performing the job in a manner consistent with PenFed policy and procedure or management directive. Assists in recruiting, hiring and training of Managers and Operations staff for assigned branches. Conducts periodic site visits, within assigned travel budget.
Act as a liaison, representing the interests of Branch Operations in key projects, mergers, and PenFed corporate initiatives. Assist in establishing or revising policy, enforcing and implementing compliance directives, and reviewing system enhancements. Assist in branch projects as operation project representative.
Periodically audit and maintain prescribed security controls to protect assigned facilities and the cash on hand against criminal and fraudulent operations. This includes enforcing the new member screening P&P, ensuring that all security equipment is adequately maintained. Also ensure that security procedures as noted on the branch inspection form are adhered to, and that all staff members are knowledgeable of their duties and actions as described in the Branch Hold-up and Robbery Policy and Procedure.
Act as a loan officer within lending authority limits and refer loans not within limits to the appropriate department with recommendations. Ensure that all loan applications are acted on within 24 hours, and that the records related to the loan decision are preserved, organized and forwarded to either Member Records or Credit Department, as appropriate. The manager or designee is responsible for ensuring that all applications are actively worked on through final action.
Remain knowledgeable and assist in review and enhancement of PenFed products, procedures, and in areas impacting the credit union or the membership. This includes but is not limited to procedural, interdepartmental, company, base or military affairs, and industry information. Must be familiar and have an understanding of the DOD regulation on Financial Institution (DOD 7000.14-R
Provide members information with regard to financial services offered by the credit union, and manages escalated member requests/complaints from assigned branches. This information is provided under the goal of financing purchases, resolving problems with delinquency, lowering finance charges on existing debt, reducing fee expenses, and/or increasing interest income on deposit products.
Ensure assigned branches conduct staff meetings, to review current marketing promotions, provide training or re-training on credit union procedures, technical procedures, and BSA (Bank Secrecy Act) initiatives or to review the results of branch performance. Hold regular coaching sessions with assigned Managers, to ensure that feedback and training is delivered in a way that motivates and clearly communicates the corporate goals. Ensure assigned branch managers conduct career progression meetings with each employee at each assigned branch.
Responsible for coordination and oversight of facilities projects within assigned branches. Communicates regularly with Facilities and Branch Manager to ensure any and all approved projects are completed in a timely fashion and within assigned budget.
Develop branch managers to create a business development plan for their respective branch. Business Development plans must include coordinated activities with car dealers, military or DoD Banking Liaison personnel, and/or landlords and their representatives as is required by the Branch Plans, or through DoD regulation. Occasionally, this position will represent the Credit Union at an industry or DoD function.
Present financial information through whatever forum is provided by our sponsor organizations, or through special assignment to a membership development function.
Bachelor’s Degree in a related field is required.
Minimum of six (6) years’ of experience in management in a financial institution is required.
Minimum of three (3) years’ of experience managing a cash operation is required.
Experience developing and leading a sales team is required.
This position will directly supervise employees.
There are no additional certifications required.
Founded in 1935, and still growing, we began as the War Department Federal Credit Union. Today, PenFed is one of the country’s strongest and most stable financial institutions with over 1.5 million members and over $21 billion in assets. We serve members in all 50 states and the District of Columbia, as well as on military bases in Guam, Puerto Rico and Okinawa.
Our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, and to encourage. We exist to usher their dreams into the land of reality.
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
PenFed is an Equal Opportunity EmployerPenFed will maintain and observe personnel policies which will prohibit discrimination or harassment against a person because of race, color, creed, age, sex, gender, religion, national origin, ancestry, genetic information, military or veteran status or obligation, the presence of a physical and/or mental disability and all other statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 703-838-1568.