Cannabis jobs at SHF, LLC

SUMMARY DESCRIPTION:

The Relationship Manager is responsible the management of the relationship with Safe Harbor Service’s partner financial institutions. This is to include on-boarding for the partner FI, servicing accounts that intend to transfer to the partner FI, training and transfer of information between Safe Harbor Services and the partner FI. The Relationship Manager will be responsible for the Quality Control of accounts that are on-boarded at the FI, if requested. The Relationship Manager will also be responsible to maintain a portfolio of accounts for training purposes and additional income for the Safe Harbor Services Program. The Relationship Manager will be required to collect, assess and maintain corporate documents for cannabis related businesses as part of Safe Harbor Services centralized onboarding services. The Relationship Manager will be required to help collect documentation that ensures Safe Harbor Services and its financial institution partners meet and/or exceed FinCEN know your customer rules. The Relationship Manager will be required to evaluate all documents collected to ensure that the risks associated with providing banking services to CRBs are minimized and that Safe Harbor Services, its CRB customers, and those financial institutions for which Safe Harbor Services provides onboarding services are complying with all applicable rules and regulations. The Relationship Manager will be expected to provide service at private Program Specialist levels that will exceed the normal banking relationships in the market, ensuring a long-term loyal client relationship. The Relationship Manager is expected to KNOW the client business thoroughly by demonstrating knowledge of, among other areas, current operations, ownership structure, financial conditions, local marijuana regulations, growth plans, changes in operating environments, regulatory conditions and their basic service needs. The Relationship Manager must be able to communicate and summarize information about the CRB customer so as to transfer the KYC information to partner financial institutions effectively and efficiently. The Relationship Manager will also be responsible for providing services and training for the financial institution partners to which they are assigned. These services include but are not limited to documents transfer, on-site and virtual training and development, coordinate transfers of accounts and manage the transfer process, implementation of the Safe Harbor program into the partner institution.

POSITION DUTIES:

DOCUMENT MANAGEMENT:

• Relationship Manager will collect and evaluate corporate documentation and determine risk levels associated with the evaluation of corporate structure, financials and practices working closely with prospective CRB customers, other Relationship Managers, the Implementation Manager, the Vice President, the PCCU BSA Officer, and President, as well as, representatives from partner financial institutions for which Safe Harbor Services provides centralized on-boarding.
• Relationship Manager will timely collect up to date documents on each prospective CRB customer assigned to be onboarded as required by the Safe Harbor Program, as amended.
• Relationship Manager will determine when additional supporting documentation is required to ensure practices are in place to ensure the safety and soundness of the relationship between customer and Safe Harbor Services and any partner financial institution.
• Relationship Manager will determine when documentation is insufficient to sustain a safe and sound relationship and will continue to collect documents until each customer’s due diligence file is complete.
• Relationship Manager will review and evaluate financial documentation (income statement, balance sheets and tax documents) for interpretation of the business activities and resulting financial transactions that may impact the credit union.
• Relationship Manager will create a summary of each onboarded account in the form prescribed by Implementation Manager.
• Clear and concise communication with prospective CRB customers and any individual who may be involved in the onboarding process whether internal or external.
• Documenting interactions with prospective account holders in order to minimize duplicate requests for information from customers and in order to ensure teammates are informed of account opening status.
• Completing forms for client signatures when doing so will facilitate the completion of a client file more efficiently.
• Understanding and taking an interest in the future of the business.
• Ensuring Safe Harbor Services product and services meet the needs of the client as they grow.
• Ensuring financial institution partners fully understand and can demonstrate that they know the customer upon transfer of the customer due diligence file.
• Maintaining and retaining customer due diligence files in a way that ensures continuity of service.
• Completion of onboarding process within the time frame provided by Implementation Manager, as amended.
• Monitoring, validation, and on-going due diligence on accounts being serviced by Relationship Manager.
• Assist in the development of the training program for Safe Harbor Services to include but not limited to on-site training, virtual training, automated training sessions, training documents, tracking of training hours, etc.
• Assist in the implementation of the Safe Harbor Services program into partner financial institutions.
• Assist in the development and implementation of the Safe Harbor Software.
• Relationship Manager will be required to know the regulatory guidelines sufficiently to apply to all prospective account and client activities.
• Relationship Manager will be required to maintain BSA Certification.
• Relationship manager will be required to uncover or discover issues that may trigger additional due diligence.
• Relationship Manger will need to understand the ramifications of banking the industry on both a personal and professional level and protect the organization and themselves from any legal action.
• Assist CRBs with determining services needed and making formal recommendations to the manager for approval.
• Assist CRBs with merchant services.
• Assist businesses with understanding the Safe Harbor Services model, required documentation and the objective of maintaining an above reproach level of transparency.
• Business account knowledge
• BSA Certification and understanding
• Bachelors of Business Degree preferred, but not required
• Ability to self-train on this new industry and apply knowledge to protect Safe Harbor Services
• Ability to STRICTLY follow and adhere to regulatory guidelines and rules surrounding the service to this industry.
• One year of experience in a financial institution.
• High school graduate.
• Capable of preserving confidential or sensitive information.
• Effective time management, organization and multi-tasking skills.
• BSA Certified.

SERVICE

Relationship Manager will be required to meet standards of a private banking model to include:

Additional Duties

BSA/FINCEN GUIDELINES

• Relationship Manager will be required to monitor the industry for changes and trends that may impact banking in each state that onboarding services are provided.
  

BUSINESS EDUCATION

EXPECTATIONS:

• Timely meet or exceed onboarding targets as provided by Implementation Manager and as required to meet Safe Harbor Services business needs.
• Maintain confidentiality on policies, procedures and business model.
• Maintain confidentiality of all information provided by prospective account holders.
• Review and have an advanced understanding of business financials.
• Assist with the training of other Relationship Managers as required.
• Review news online on businesses to ensure full awareness of business activities and status.
• Document all business activities to the satisfaction of auditors and examiners.
• Be prompt and always follow through with members either verbal or otherwise.
• Maintain a private banking atmosphere for the client.

8. Adhere to the institution privacy policy and signed NDAs with clients.

REQUIREMENTS:

• Ability to meet or exceed productivity requirements.

• Ability to communicate, verbally and in writing, clearly and professionally.

• Ability to work in a fast paced, changing environment.

• Ability to work with individuals in all levels of organizations that are seeking to become prospective customers.

• Ability to follow and adhere to program requirements, as amended

• Ability and eagerness to learn new information and apply such information to required tasks.

• Ability to read and understand applicable rules and regulations.

• Ability to work in a team environment and accept feedback with an open mind and willingness to learn and improve.

QUALIFICATIONS:

KNOWLEDGE & SKILLS:

PHYSICAL DEMANDS:

While performing the duties of this job, the employee is regularly required to use hands or fingers, handle or feel; reach with hands and arms; talk and hear. The employee frequently is required to stand, walk and sit. Specific vision abilities required of this job include close vision and ability to adjust focus. Must be able to lift up to 35 lbs.

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Safe Harbor Financial is seeking an experienced Credit Portfolio Manager / Credit Analyst to join our fast-growing team and assist in the build-out of this industry-changing program. This is an extremely unique opportunity in that you will be working directly with the Chief Investment Officer to identify and execute credit opportunities. In this role, you will be responsible for assisting in developing and managing a senior secured lending platform and setting internal and external expectations relating to measured growth and profitability.

This role is highly collaborative and requires either a keen understanding of the ever-growing and diverse legalized cannabis sector or a willingness to learn it from a C-Suite that has pioneered the industry within their respective verticals. Success in this role will be driven by one’s ability to adapt to change, set and maintain a fast pace, and a willingness to juggle many tasks and deadlines. The Manager / Analyst will interface directly with our executive team, as well as a diverse set of corporate clients across the US.

Responsibilities

• Assist in implementing and developing a comprehensive credit underwriting policy for the legalized cannabis sector
• On-going management of credit risk for a large and fast-expanding cannabis corporate credit portfolio
• Ensure active engagement and reporting with internal officers and partners
• Ensure active engagement and relationships with external corporate credit clients
• Conduct retrospective analyses on all corporate credit accounts
• Make policy update recommendations to the company
• Design and produce key credit summary reports for internal and external stakeholders
• Report key results to stakeholders across the organization

Basic Qualifications

• Bachelor’s degree preferably in Finance or Accounting
• 5+ years’ experience implementing credit compliance or underwriting policies as well as working with middle-market or enterprise-level companies
• Direct experience interfacing with C-Level relationships
• Must demonstrate the ability to understand and articulate various products related to senior secured loans, lines of credit, trade credit, and other financial services
• Ability to thrive in a fast-paced, high growth, rapidly changing environment
• Ability to work well independently as well as with other members of the team, both in-person and remotely
• Organized operator who executes both internal and external responsibilities
• Knowledge of key project management concepts including phases, plans, deliverables, scope, and tasks
• Excellent verbal, written communications, and financial modeling skills

Preferred Skills/Experience

• Advanced knowledge of the legalized cannabis business in relation to applicable individual state laws and regulations, as well as individual companies and businesses
• Advanced knowledge of credit quality standards and cannabis industry-specific credit products
• Strong relationship management and business development abilities, which will allow for the ability to capitalize on both new and existing relationship opportunities
• Strong analytical and problem-solving skills
• Ability to work effectively with individuals and groups across the company to manage customer relationships
• Well-developed written communication and verbal presentation skills

The estimated compensation range for the Credit Portfolio Manager/Credit Analyst is $85,000-$125,000/yr.

Apply for this job with SHF, LLC

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By clicking the "Apply now" button, you'll be leaving Fazow and going to an external job application page for this company. Please research all companies before applying. When applying for jobs, you should NOT have to pay to apply. Fazow accepts no liability or responsibility as a consequence of any reliance upon information on external sites or in jobs listed on fazow.com.