Retail Branch Manager at CXI, Elizabeth NJ
$50k - $53kNeolife Updates
Currency Exchange International (CXI), a publicly traded financial services and technology provider headquartered in Orlando, Florida, is seeking a Full-Time Retail Branch Manager for its branch at The Mills at Jersey Gardens in Elizabeth, NJ. CXI delivers a wide range of foreign exchange solutions across North America through company-owned retail locations and institutional partnerships, and this role calls for a leader who can balance operational compliance with branch performance.
Full-Time Retail Branch Manager - Currency Exchange International, Elizabeth, NJ
Role Overview
The branch manager oversees daily retail operations, ensuring the location meets budget targets while adhering to strict compliance and anti-money-laundering regulations. The position demands hands-on leadership in inventory reconciliation, staff training, customer engagement, and cost control - all grounded in CXI's values of customer-first service, integrity, collaboration, innovation, and passion.
Key Responsibilities
- Compliance Management: Enforce Retail Policy Procedure Manual guidelines and ensure adherence to all money laundering and compliance regulations
- Financial Operations: Reconcile daily inventories of foreign and US currencies; maintain accurate, detailed records of transactions, expenses, and inventory levels
- Performance Leadership: Drive the branch to maximum performance in line with budget targets
- Staff Development: Organize and deliver comprehensive training for all new employees
- Inventory Control: Maintain adequate currency stocks and manage wholesale ordering to support seasonal volume demands
- Marketing Execution: Promote branch services through referral flyer distribution, web marketing, and check cashing outreach
- Facility Oversight: Maintain branch appearance and an excellent working relationship with the landlord
- Security & Cost Management: Ensure adherence to retail security policies and help control operational and staffing expenses
Core Competencies
- Business Insight
- Decision Quality
- Optimizes Work Processes
- Navigating Challenging Conversations
- Builds Effective Teams
- Functional Management Skills
Schedule
- 40 hours per week
- Monday-Friday, 9:00 AM to 5:00 PM (coverage may be needed on other days if call-outs occur)
Compensation
This full-time role offers a verified annual salary of USD 50,000-53,000.
Application Tips for Finance and Sales Professionals
- Highlight AML Knowledge: Foreign exchange roles require strict compliance. Reference any anti-money laundering training or certifications (e.g., CAMS) in your application materials
- Showcase Inventory Reconciliation Experience: Emphasize instances where you managed cash vaults, daily reconciliations, or multi-currency inventory - this maps directly to core responsibilities
- Quantify Sales Achievements: CXI values branch performance against budget. Use specific metrics such as revenue growth percentages or transaction volumes to demonstrate your track record
- Demonstrate Retail Leadership: Mention experience training staff on compliance protocols and customer service standards in a retail banking or currency exchange environment
CXI is an Equal Opportunity Employer committed to diversity in recruitment and hiring.
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