• VP, Specialty Deposits

    Job Locations US-CA-San Diego
    Job ID
    Job Type
    Regular Full-Time
    Business Banking
  • Description:

    BOFI Federal Bank (NASDAQ: BOFI) with over $9 billion in assets, is one of the fastest growing banks in the nation and rated in the top 5 of online banks in the country!  


    We are looking for a VP Specialty Deposits to pro-actively solicit new client relationships in Specialty Deposits with an emphasis in the following industries: HOA, Property Management, Title/Escrow, EB-5, Fiduciary, Business Escrow, Third-Party Payment Processors.


    The responsibilities will be as follows:


    • Define and oversee strategic efforts of the area under responsibility to accelerate profitable growth, including strategic initiatives and the execution of sales activities
    • Lead a high performing sales oriented team , evaluate performance, and coach for success
    • Continuously report on execution and define corrective actions if needed
    • Monitor competitors initiatives, products, sales and marketing activities, and assess the impact on our value proposition
    • Define additional proposals to increase profits, including new verticals and extensions of existing ones
    • Manage budget of own area including annual planning and ongoing reporting, and internal personnel development
    • Partner with other departments within and outside of Business Banking to facilitate increased effectiveness  of the bank's  business efforts
    • Support overall achievement  of growth and profits targets of the area

    Key Skill Sets or Knowledge Requirements:

    • High motivation and drive. Self-directed and able to flourish in a fast-paced environment
    • Strong logical thinking, fact-based problem solving, and decision making skills
    • Excellent interpersonal skills, ability to communicate expectations and results to senior management and colleagues
    • Ability to gain the confidence of people, understand their needs, and provide satisfactory solutions
    • Leadership: A confident, mature person with the ability to connect and inspire others
    • Results Oriented: A driver who possess the ability to take actions and implement effective solutions in a timely manner
    • Teamwork: Energy and team building capability; ability to lead, motivate and rally colleagues. Ability to influence others without a direct reporting relationship
    • Ethics: Highest level of professional integrity and honesty as well as personal credibility
    • Innovative: Dedication to maintaining cutting edge talent with the courage to implement new ideas

    Desired Career Experience & Education Requirements:

    • 10 years of financial institution or another relevant commercial experience, business  banking preferred. Strong sales orientation
    • 5 years of experience in a supervisory role in a fast paced organization
    • Track record of fact-based analysis, and communication to support senior decision making
    • Bachelor's Degree in business, finance, or related field from a highly respected university, Master's degree preferred




    Job Functions & Work Environment:


    While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.


    The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.



    Equal Employment Opportunity:


    BofI Federal Bank is an equal opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state and local laws.


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