Funding Manager
$102.2k - $152.2k per yearADP, Inc.
The Leader is responsible for the management of the CAD Money Movement Funding Team. Acting as a key client liaison with several internal ADP departments and external clients, the Funding Manager’s focus is to manage IMMS client facing relationships, enforce credit policy and control, address FCRM (Financial Crimes and Risk Management) needs while providing total client satisfaction. Additionally, this role will also be responsible for the pro‑active resolution of client issues and for the identification of opportunities for new services and/or products within the established client base.
Duties and Responsibilities
Funding Management
Coordinate and monitor all daily functions for the funding department and establish workflow. Oversee management of existing wire client base of more than 3000 domestic and international companies. Ensure cash forecast meets existing variance SLAs, manage all ADP Credit Policy exceptions and that they are properly resolved. Oversee US Reverse Wire client transactions and all supporting processes. Escalation management of clients who process outside of normal payroll deadlines, associated fees and client impact.
Coaching and Development
Coaching of associates on communication skills, Individual Development Plans, succession planning, Talent and Performance Management. Design annual departmental objectives in line with corporate goals and divisional initiatives. Identification and placement of top talent in project and assignments suited to their skill set and pre‑determined career path/goals.
Relationship Management
Relationship Management between internal and external clients, Canadian and International ADP stakeholders and global institutions. Maintain close working relationships with Service Delivery, Finance, Implementation business units to assist in escalation resolution and exception processing. Regularly coordinate with other departments to resolve escalated client funding issues and mitigate risk to ADP. Cultivate relationships with representatives from major financial institutions to ensure funding process externally is efficient, compliant and effective.
Case Resolution
Senior point of escalation for financial issues and providing timely resolution via collaborating with internal and external clients, ADP stakeholders, senior management and business partners. Ensure all case management and documentation is accurate and in accordance with preset SLAs. Create measurable metrics for the Funding Team and Associates for case resolution and contact quality. Manage all escalated situations from internal ADP partners to resolution in coordination with all ADP resources. Responsible to review and develop and implement policies, procedures, services and products within the Funding Teams.
Qualifications
Education
- Post Secondary Education
- Finance/Banking or Leadership training preferred
Knowledge, Experience, and Skills
Required:
- Demonstrated ability to co‑ordinate work initiatives and must be detailed and solution‑oriented
- Previous management experience (typically 3‑5+ years)
- Strong operational knowledge of ADP products sufficient to understand a full spectrum of client issues
- Coaching/mentoring and experience with performance management
- Well‑developed presentation skills, with experience in providing presentations to large groups
- Proven ability to work in an environment committed to teamwork and experience in cross‑functional collaboration
- Proven track record of delivering results or meeting business targets
Preferred:
- Project Management/implementation experience – (LSS) Demonstrated ability to manage projects
- Minimum 5 Years business experience with a background in Financial Services or related experience
- Experience in quality and client‑focused leadership expectations
- Leadership and people management
- Data driven decision making
Attributes
- Strong problem‑solving skills and ability to learn quickly
- Excellent communication skills
- Flexibility and adaptability
- Bilingual preferred – French/English
Compensation and Benefits
Base salary offers for this position may vary based on factors such as location, skills, and relevant experience. Some positions may include additional compensation in the form of bonus, equity or commissions. We offer the following benefits: Medical, Dental, Vision, Life Insurance, Matched Retirement Savings, Wellness Program, Short‑and Long‑Term Disability, Charitable Contribution Match, Holidays, Personal Days & Vacation, Paid Volunteer Time Off, and more. The compensation for this role is CAD $102,200.00 - CAD $152,200.00 / Year. Actual compensation will not be less than the applicable minimum wage or minimum exempt salary requirement under federal, state and local laws.
In Ontario and/or British Columbia (where applicable), the range shown represents the expected total compensation, including vacation pay and bonus at target. Although bonus has been calculated as part of the expected annual compensation for this role, bonus pay is based on several factors, including but not limited to business performance, individual annual performance, and company guidelines.
Diversity, Equity, Inclusion & Equal Employment Opportunity
ADP is committed to an inclusive, diverse and equitable workplace, and is further committed to providing equal employment opportunities regardless of any protected characteristic including: race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, protected veteran status or disability. Hiring decisions are based upon ADP’s operating needs, and applicant merit including, but not limited to, qualifications, experience, ability, availability, cooperation, and job performance.
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