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For Companies At a Glance
- Tasks: Lead deposit operations, enhance efficiency, and ensure compliance in a dynamic banking environment.
- Company: Join a forward-thinking startup challenger bank with a collaborative culture.
- Benefits: Competitive salary, 10% pension, bonus, private medical, and flexible hybrid working.
- Why this job: Shape the future of deposit operations and work with an innovative team.
- Qualifications: Experience in financial institutions, strong leadership, and analytical skills required.
- Other info: Opportunity for career growth in a vibrant and supportive workplace.
The predicted salary is between 36000 - 60000 £ per year.
Join Our Team as a Deposit Operations Lead! Are you an experienced professional in deposit operations ready to take the lead at an innovative challenger bank? We are seeking a dynamic Deposit Operations Lead to oversee our Savings and Current Accounts, ensuring excellence in daily operations, customer interactions, and regulatory compliance.
What You’ll Do:
- 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.
- Explore opportunities to streamline processes and enhance customer experience through digital solutions.
What We’re Looking For:
- Strong commercial experience in a financial institution or in UK deposits.
- 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.
- 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.
Why Join Us?
- Be part of a forward-thinking startup challenger bank.
- Lead a vital function and shape the future of our deposit operations.
- Collaborate with a passionate and innovative team.
- 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!
Deposit Operations Lead employer: Ignite Digital
Contact Detail:
Ignite Digital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deposit Operations Lead
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who know about deposit operations. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to deposit operations and think of ways you can contribute. We want to see your passion for innovation and customer satisfaction!
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've motivated teams and improved processes in your previous roles. We love candidates who can inspire others and drive operational excellence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team at this exciting challenger bank.
We think you need these skills to ace Deposit Operations Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Deposit Operations Lead role. Highlight your experience in deposit operations and any relevant achievements that showcase your leadership skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background aligns with our needs. Be sure to mention your understanding of compliance and risk management, as these are key for us.
Showcase Your Analytical Skills: Since the role involves analysing performance metrics, make sure to include examples of how you've used data to drive improvements in past roles. We love candidates who can demonstrate their problem-solving abilities with real-world examples!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at Ignite Digital
✨Know Your Deposit Operations Inside Out
Before the interview, brush up on your knowledge of deposit operations, especially in the context of UK regulations. Be prepared to discuss specific processes, compliance requirements, and how you’ve successfully managed operational risks in previous roles.
✨Showcase Your Leadership Skills
As a Deposit Operations Lead, your ability to lead and motivate a team is crucial. Think of examples where you've successfully coached team members or improved team dynamics. Highlight your approach to fostering a positive culture and how you handle performance evaluations.
✨Demonstrate Analytical Prowess
Be ready to talk about how you've used data to drive improvements in deposit operations. Prepare to discuss specific metrics you've analysed and the outcomes of your initiatives. This will show your potential employer that you can enhance customer satisfaction through informed decision-making.
✨Build Relationships with Stakeholders
Relationship management is key in this role. Come prepared with examples of how you've built strong relationships with internal teams, vendors, or regulatory bodies. Discuss any challenges you faced and how you resolved them, showcasing your exceptional communication skills.
