Working Title : Banking Services Supervisor
Job Class: Finance Accounting Supervisor
Agency: Minnesota Management & Budget
Job ID: 95412
Location: St. Paul
Telework Eligible : Yes
Full/Part Time : Full-Time
Regular/Temporary: Unlimited
Who May Apply: Open to all qualified job seekers
Date Posted: 07/10/2026
Closing Date: 07/30/2026
Hiring Agency/Seniority Unit: Minnesota Management & Budget
Division/Unit: Accounting Services / Banking Services
Work Shift/Work Hours: Day Shift
Days of Work: Monday - Friday
Travel Required : No
Salary Range: $43.36 - $62.21 / hourly; $90,536 - $129,894 / annually
Classified Status: Classified
Bargaining Unit/Union: Middle Managers Association
FLSA Status: Exempt
Designated in Connect 700 Program for Applicants with Disabilities (https://mn.gov/mmb/careers/diverse-workforce/people-with-disabilities/connect700/) : Yes
The work you'll do is more than just a job.
At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.
Minnesota Management and Budget (MMB) is seeking a Banking Services Supervisor to lead the day-to-day cash management and statewide banking operations for MMB's Banking Services Section. This role oversees key functions such as ACH, wire, and warrant processing, collateral monitoring, account reconciliation, cash positioning execution, and the management of related internal controls. This position supervises a team of 5 staff to safeguard state assets and support accurate statewide financial reporting.
Job duties for this position include:
Overseeing the timely reconciliation of bank statements for each of the state's 600+ bank accounts.
Managing the state's daily cash positioning by analyzing cash needs, reviewing spending and revenue patterns, and ensuring accurate amounts are provided to the State Board of Investment.
Coordinating the setup, modification, and closure of bank accounts in the SWIFT system to ensure proper authorization and accurate configuration.
Providing guidance, training, and support to agency finance and program staff on banking processes and related requirements.
Implementing fraud prevention measures in coordination with the Banking Services Director and banks to prevent and detect unauthorized activity.
Establishing job duties, expectations, and responsibilities for members of the Banking Services team.
Assigning work, evaluating performance, supporting staff development, and recognizing strong work while promoting a positive and productive team environment.
Telework (https://mn.gov/mmb-stat/policies/1422-telework.pdf) options for this position are dependent on where the employee lives. With approval, employees that live within 50 miles from the primary work location may telework up to 50%. Employees that live 50 miles or more from the primary location and live in Minnesota may telework more than 50% with approval.
All MMB Leaders are expected to demonstrate and develop the six competency themes from the Enterprise-Wide Leader Competency Model: (https://mn.gov/mmb-stat/enterprise-talent-development/career-development/Enterprise-Leader-Competency-Definition-Guide.pdf)
Leading Self
Leading Others
Leading the Organization
Leading Outside the Organization
Leading with DEAI
Getting Work Done
Minimum Qualifications
To facilitate proper years of service crediting, please ensure that your resume clearly describes your experience in the areas listed and indicates the beginning and ending month and year for each job held. Candidates must clearly demonstrate all the following qualifications on their resume. Resume tips are available here (https://mn.gov/mmb/careers/applicant-help/resume-tips/) .
Four (4) years of experience in banking operations within a complex organization, including cash management, treasury functions, or financial accounting.
Experience must include:
Demonstrated leadership, which can include any of the following:
Experience as a supervisor, team lead, lead worker, or project lead in an accounting or auditing environment.
Completion of a State leadership development program, such as Emerging Leaders Institute (ELI) or Senior Leadership Institute (SLI), or completion of a similar or equivalent leadership program through another organization; OR
A paid or unpaid position leading a program or chairing a committee related to accounting or auditing. The experience must include 1+ years of identifying issues, goals, and strategic actions and 100+ hours per year time commitment.
Thorough knowledge of banking processes (ACH, wire, warrants), accounting principles, and financial internal controls sufficient to manage daily statewide banking operations.
Coordinating banking or financial operations across multiple stakeholders, such as auditors, financial institutions, state agencies, or divisions within a large organization to ensure timely transaction settlement, resolve discrepancies, and maintain compliance with statewide policies and legal requirements.
Demonstrated attention to detail and problem-solving skills, including analyzing complex financial or operational issues, initiating corrective actions, and improving processes within banking or financial operations.
Communication and interpersonal skills sufficient to present and explain technical banking information, procedures, and requirements to diverse audiences.
Demonstrated respect for diversity and a deep commitment to fostering an inclusive and collaborative work environment.
A bachelor's degree in accounting, finance or business administration may substitute for one (1) year of experience. A master's degree in the previously listed fields may substitute for eighteen months of experience. A doctorate degree in the previously listed fields may substitute for two (2) years of experience.
Preferred Qualifications
MMB values diverse perspectives and encourages all qualified candidates to apply, even if they do not meet 100% of the preferred qualifications. Your unique skills and background might be just what we need!
Experience using the PeopleSoft Treasury module.
Bachelor's degree in accounting or advanced degree in accounting.
Advanced skills with data analysis tools, including experience with database software like Oracle SQL Developer or Microsoft Access.
Experience reading, interpreting and understanding statutes, rules and regulations to determine how they apply to the state's business practices.
Additional Requirements
It is the policy of Minnesota Management and Budget that a successful candidate must pass all required checks prior to employment which may consist of the below checks:
SEMA4 records check (applies to current and past state employees only)
Criminal history check
Reference check
Social Security and address verification
Education verification
Conflict of interest review
Other legally or internal policy required checks
A criminal history does not automatically disqualify candidates, and each case will be reviewed individually on a case-by-case basis and in alignment with fair and equitable hiring practices.
Minnesota Management & Budget does not participate in E-Verify. Minnesota Management & Budget will not sponsor applicant work visas, including F-1 STEM OPT extensions. All applicants must be legally authorized to work in the United States.
AN EQUAL OPPORTUNITY EMPLOYER
Minnesota State Colleges and Universities is an Equal Opportunity employer/educator committed to the principles of diversity. We prohibit discrimination against qualified individuals based on their race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, gender expression, or membership in a local commission as defined by law. As an affirmative action employer, we actively seek and encourage applications from women, minorities, persons with disabilities, and individuals with protected veteran status.
Reasonable accommodations will be made to all qualified applicants with disabilities. If you are an individual with a disability who needs assistance or cannot access the online job application system, please contact the job information line at 651-259-3637 or email careers@state.mn.us . Please indicate what assistance is needed.
