We are looking for a dynamic Deposit Operations Lead to oversee Savings and Current Accounts; ensuring excellence in daily operations, customer interactions, and regulatory compliance.

The role.

As an experienced professional in deposit operations, you will take ownership of the following areas

Operational Management:

• Lead all aspects of deposit operations from origination to maturity.
• Develop and implement policies and procedures to boost efficiency and quality.
• Analyze performance metrics to drive improvements and enhance customer satisfaction.
• Collaborate with sales, legal, compliance, finance, and risk management teams.
• Monitor operational risks and develop mitigation strategies.
• Manage rate changes, product launches, and ensure documentation accuracy.
• Oversee product forecasting and performance analytics.

Compliance and Risk Management:

• Stay updated on regulatory requirements and industry best practices.
• Ensure adherence to regulatory compliance and internal policies.
• Identify and mitigate operational risks in collaboration with the risk management team.
• Implement effective controls and audit trails for a robust control environment.

Team Leadership and Development:

• Lead, coach, and support a team of deposit operations professionals.
• Foster a positive team culture and encourage collaboration.
• Conduct performance evaluations and identify training needs for continuous improvement.

Relationship Management:

• Build strong relationships with internal stakeholders, vendors, and regulatory bodies.
• Address customer escalations or complaints promptly and effectively.

Technology and Automation:

• Leverage technology and automation tools to optimize operations.

About you.

We are looking for an experienced Deposit Operations Lead with strong commercial experience in a financial institution or UK deposits.

You will also have

• Bachelor’s degree in finance, business administration, or related field; professional certifications are a plus.
• Deep knowledge of deposit operations and payment flows.
• Strong leadership skills with the ability to motivate and manage a team.
• Excellent analytical and problem-solving abilities with exceptional communication and interpersonal skills.
• Proficiency in core banking platforms and understanding of payment schemes and open banking.
• High level of integrity and commitment to compliance and risk management.

The benefits.

Our client offers the chance to be a crucial part of a forward-thinking startup challenger bank.

As part of a collaborative, driven and innovative team, you will have the opportunity to lead a vital function and shape the future of deposit operations.

You can also expect

• Flexible hybrid working (1-2 days per week in central London office)
• Competitive salary with excellent benefits including 10% company pension, bonus, private medical & much more

Apply now to take the next step in your career with us!

Ignite Digital Talent is committed to creating equal opportunities and welcomes applications from all qualified individuals eligible to work in the UK, regardless of color, ethnic or national origin, race, gender, sex, disability, age, sexual orientation, religious or political beliefs, marital status, or family circumstances.