Director, Client Money Movement

This is a fully remote position, open to applicants in Texas.

📋 Description

• Define and implement the strategic vision for Strada's Client Money Movement organization.

• Design and enhance end-to-end processes that facilitate payroll funding, tax payments, garnishments, benefits, and various client disbursements.

• Create future-state operating models aimed at increasing scalability, automation, Straight Through Processing, and operational resilience.

• Lead transformation projects that streamline workflows, enhance client experience, and mitigate operational risk.

• Establish key performance indicators (KPIs), service level agreements (SLAs), and performance metrics.

• Develop governance frameworks for client funds, encompassing account structures, segregation, safeguarding, allocation, and accounting.

• Supervise daily, monthly, and quarterly reconciliations for bank accounts, subledgers, and general ledger activities.

• Collaborate with Finance and Treasury on accounting, reporting, funding, liquidity, and cash positioning strategies.

• Oversee forecasting and provide visibility into client fund requirements, settlement obligations, and cash flows.

• Lead funding and disbursement processes across ACH, wire, RTP, and emerging payment channels.

• Manage relationships with banking partners, payment processors, and financial technology vendors.

• Define specifications for payment systems, treasury platforms, settlement solutions, and banking integrations.

• Ensure the resiliency, scalability, and operational efficiency of the payment infrastructure.

• Develop risk and control frameworks while ensuring compliance with NACHA, BSA/AML, banking regulations, and other relevant requirements.

• Lead responses to audits, examinations, and compliance assessments.

• Collaborate with Product and Engineering to modernize money movement capabilities and promote automation.

• Create a long-term technology roadmap and identify integration needs across payroll, HR, banking, treasury, and payment ecosystems.

• Build, lead, and nurture a high-performing Money Movement organization.

• Act as the executive spokesperson with senior leadership, clients, auditors, banking partners, and Board-level stakeholders.

⛳️ Requirements

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field.

• Over 10 years of progressive experience in payments, treasury operations, payroll funding, banking operations, fintech, financial services, or related areas.

• More than 5 years of leadership experience managing large-scale operational teams and cross-functional initiatives.

• Experience in managing client funds, settlement operations, and regulated money movement environments.

• Proven success in building or transforming payments, treasury, or financial operations functions.

• Familiarity with banking partners, payment processors, and treasury technologies.

• Extensive knowledge of ACH, wire transfers, settlement operations, and payment ecosystems.

• Strong grasp of client fund accounting and reconciliation practices.

• Working knowledge of NACHA, BSA/AML, payment regulations, and financial controls.

• Experience with treasury management systems, banking platforms, and payment technologies.

• Current and future work authorization in the United States without visa sponsorship from Strada.

• Excellent analytical, communication, stakeholder management, and executive presentation skills.

🏝️ Benefits

• Health coverage.

• Wellbeing programs.

• Paid vacation leave.

• Paid sick leave.

• Paid parental leave.

• Retirement plans.

• Learning opportunities.

• Continuing education and training.

• Competitive total rewards package.

• Opportunities within a growing global organization.