Vice President of Banking as a Service

This job was posted by https://www.kansasworks.com : For more
information, please see: https://www.kansasworks.com/jobs/13068623

First Federal Bank of Kansas City is one of the largest mutually owned
banks in the Midwest and has been a strong banking and lending partner
to families in Kansas and Missouri for decades. We are a
community-oriented, culture-focused, progress-driven Family on a mission
to help people build a better financial future.

At First Federal, youll be supported by diverse, talented, energetic
individuals moving toward a common vision of prosperity and a home for
all. Youll have boundless opportunities for growth whether its personal
or professional development to reach your career goals, company events
to strengthen your connections, or volunteer work to champion our
community partners.

Your success is our success. When our employees feel valued, our
customers feel valued, and our community grows.

Hear what our team members have to say: [[https]{scayt-word=”https”
wsc-lang=”enUS”
wsc-id=”m1tohtv425eton6td”}://www.youtube.com/watch?v=GNPKmutbydo](https://www.youtube.com/watch?v=GNPKmutbydo){cke-saved-href=”https://www.youtube.com/watch?v=GNPKmutbydo”}

JOB SUMMARY
The Vice President of Banking as a Service (VP of Baas) will be directly
responsible for developing and implementing the banks Baas strategy in
cooperation with the banks technology, finance, and risk teams. They
will be responsible for recommending and making sound business
decisions, inspiring and motivating employees to achieve the banks
strategic objectives and ensuring an exceptional client experience. The
VP of [BaaS]{scayt-word=”BaaS” wsc-lang=”enUS”
wsc-id=”m1tohu5smhtut568h”}will be responsible for the profitable
operation of the program while complying with all applicable federal and
state laws and regulations, operating rules, contracts and service level
agreements and bank policies and procedures. They will ensure effective
controls are in place to maximize profit within the banks established
risk appetite. They will ensure accurate and timely submission of
monthly reporting to the board. They will monitor staffing levels and
provide supported staffing change recommendations based on program
growth. The VP of [BaaS]{scayt-word=”BaaS” wsc-lang=”enUS”
wsc-id=”m1tohu98z8kjpr01w”} is also responsible for identifying and
executing on portfolio [roadmaps]{scayt-word=”roadmaps” wsc-lang=”enUS”
wsc-id=”m1tohu97zxfcyv7dd”} and program enhancements to improve the
client experience and/or profitability.

ESSENTIAL DUTIES AND RESPONSIBILITIES

To perform this job successfully, an individual must be able to perform
each essential duty well. The requirements listed below are
representative of the knowledge, skills and abilities required. Other
duties may be assigned.

Technology Development and Management:

– Infrastructure: Overseeing the planning, implementation, testing and
maintenance of programs technology and payment system
infrastructure.
– API integration: Ensuring seamless integration with third-party
applications and services.
– Security: Implementing robust security measures to protect data and
prevent fraud.

Product Development and Innovation:

– Product Offerings: Developing and launching new
[BaaS]{scayt-word=”BaaS” wsc-lang=”enUS”
wsc-id=”m1tohujp23oj8knx5″}products and services to meet the
evolving needs of clients.
– Innovation: Fostering a culture of innovation to stay ahead of
market trends, regulatory and legislative changes and competitive
pressures.
– Partnerships: Identifying and forming strategic partnerships and
enhance the [BaaS]{scayt-word=”BaaS” wsc-lang=”enUS”
wsc-id=”m1tohumrmukfcmw54″} platforms capabilities with
consideration to maintaining the banks values, strong reputation
and brand.

Client Acquisition and Management:

– Sales and Marketing: Developing and executing sales and marketing
strategies to identify and attract new clients.
– Client Relationship Management: Building strong relationships with
clients and addressing issues.
– Onboarding: Effectively communicating onboarding requirements to
create a streamlined and efficient onboarding process for new
clients.

Risk Management:

Adherence: Ensuring compliance with all applicable state and federal
laws and regulations, industry standards, operating rules, policies and
procedures.

Risk Management: Proactively collaborates with legal, risk and
compliance in identifying and mitigating risks associated with
[]{scayt-word=”BaaS” wsc-lang=”enUS” dat=””}