Director RCM Cash Management Salary in Schenectady, NY

Cash Management Director - Average Salary $216,685

Cash Management Director determines corporate cash requirements and oversees short-term cash assets or liabilities. Develops corporate investment strategy while maintaining liquidity. Being a Cash Management Director typically manages the organization's bank accounts, including the oversight of staff responsible for account reconciliation, transfer of funds, or purchase or sale of foreign currencies. May require a bachelor's degree. Additionally, Cash Management Director typically reports to a top management. The Cash Management Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Cash Management Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.

Cash Management Manager - Average Salary $123,811

Cash Management Manager determines corporate cash requirements and maintains appropriate cash flow. Responsible for managing lockbox deposits and disbursements and wire transfer operations. Being a Cash Management Manager is responsible for the secure and maximum use of corporate funds by working with banks and investment firms. May require a bachelor's degree. Additionally, Cash Management Manager typically reports to a director. The Cash Management Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Cash Management Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

VP of Cash Management - Average Salary $248,112

VP of Cash Management minimizes financial, reputational and regulatory risk to the firm and maximizes the utilization of organization funds. Responsible for determining cash requirements and maintaining cash flows, including banking accounts, long-and short-term debt and investment management. Being a VP of Cash Management typically manages the organization's bank accounts, including the oversight of staff responsible for account reconciliation, transfer of funds, or purchase or sale of foreign currencies. Requires a bachelor's degree in area of specialty. Additionally, VP of Cash Management typically reports to top management. The VP of Cash Management manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a VP of Cash Management typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.

Cash Management Officer I - Average Salary $84,174

Cash Management Officer I provides support and service for the cash management needs of business banking clients. Ensures client retention and customer satisfaction. Being a Cash Management Officer I typically handles general accounts. Requires a bachelor's degree. Additionally, Cash Management Officer I typically reports to a manager or head of a unit/department. The Cash Management Officer I gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Cash Management Officer I typically requires 2 to 4 years of related experience.

Cash Management Officer II - Average Salary $112,006

Cash Management Officer II provides support and service for the cash management needs of business banking clients. Ensures client retention and customer satisfaction. Being a Cash Management Officer II typically handles intricate accounts. Requires a bachelor's degree. Additionally, Cash Management Officer II typically reports to a manager or head of a unit/department. The Cash Management Officer II contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Cash Management Officer II typically requires 4 to 7 years of related experience.