--- title: 'Managing Director, Northern Midwest at IntraFi' canonical: 'https://feeny.ai/job/managing-director-northern-midwest-intrafi-minneapolis-2x6dn09xstb5' type: 'job' last_seen: '2026-09-08' --- # Managing Director, Northern Midwest at IntraFi - **Company:** IntraFi - **Location:** Minneapolis, MN - **Employment:** full-time - **Work type:** remote - **Posted:** 2026-07-27 - **Last confirmed live:** 2026-09-08 - **Apply:** https://jobs.lever.co/intrafi/9ad4b56a-0b15-4620-8fe1-0cc139a5fc57 ## Job description At IntraFi, we do more than innovate—we empower. Our services help banks provide vital financial access to small businesses, companies, and consumers across the country. With a network of more than 3,000 financial institutions, we help support the institutions that drive our economy, enabling them to fund affordable housing, family farms, and businesses of all sizes. The ability to lend locally strengthens our financial system, and our team plays a direct role in making that possible. It is this greater purpose that brings people to IntraFi and keeps them here. As the nation’s largest deposit allocation service provider and the inventor of reciprocal deposits, IntraFi has spent over two decades creating dynamic solutions that help financial institutions grow, manage liquidity, and serve their communities. Our impact extends across institutions of all sizes—from community banks to large financial organizations—which enables us to achieve aggressive business growth objectives while helping strengthen the broader financial system. Consistently recognized by American Banker, Washington Post, and Fortune as one of the best places to work, we offer a collaborative, flexible environment where innovation thrives. Join us and be part of a team making a meaningful impact on the industry, on financial institutions, and on the future of financial services. ## Your Role - Leveraging your experience and results-oriented mindset, you will be a key member of our sales team. Specifically, you will focus on developing and maintaining relationships that will drive revenue growth and expand opportunities. You will play a pivotal role in promoting our market presence and achieving ambitious sales targets. ## Your Responsibilities - Cultivating and maintaining strong, synergistic client relationships so as to understand client needs and challenges and provide solutions that leverage and grow the value of IntraFi’s services. - Identifying and energetically pursuing new market opportunities, target segments, and potential clients to expand market penetration. - Collaborating with our product and service teams to tailor the use of IntraFi’s product suite for specific client objectives and needs. - Working closely with cross-functional teams to ensure seamless execution of sales initiatives. - Staying abreast of industry trends, competitor activities, and emerging technologies to ensure IntraFi remains nimble and responsive to client demands and market opportunities. - Leveraging market insights to refine sales strategies and stay ahead of the curve. - Monitoring sales performance metrics, including conversion rates and pipeline growth, to meet established performance goals. - Sharing regular updates with senior management on sales progress and market trends. Required Experience, Skills, and Qualifications - Experience with artificial intelligence (AI) tools to optimize workflows, problem-solving, and productivity. - 10+ years of relevant work experience, including proven experience as a successful sales leader, preferably in financial services - Aptitude and curiosity to quickly learn new products and services, coupled with a self-starter mindset - Strong analytical skills and data-driven decision-making abilities - Excellent interpersonal and communication skills - Ability to thrive in a fast paced, dynamic, collaborative environment - History of meeting and/or exceeding sales goals - Willingness to travel extensively - Bachelor’s degree For this position, the total compensation (base and commission) estimate is up to $250,000. These plans are based on achievement against sales targets and/or business objectives. Actual compensation will depend upon an individual’s skills, experience, qualifications, location, and other relevant factors. The compensation range is subject to change and may be modified at any time. Employee Benefits: 401(k) 401(k) matching Dental insurance Employee assistance program Employee discount Flexible schedule Flexible spending account Health insurance Health savings account Life insurance Opportunities for advancement Paid time off Parental leave Professional development assistance Referral program Vision insurance IntraFi LLC is an Equal Opportunity Employer and does not discriminate on the basis of race, color, national origin, sex, religion, age, veteran status, disability, or sexual orientation in employment of the provision of services. IntraFi’s job application process may include online videoconference interviews, in-person interviews, presentations, and computer-based assessments. If you require reasonable accommodation to complete any part of the application process, please contact hr@intrafi.com. ## About IntraFi ## Company Overview - **One-liner**: IntraFi operates the largest deposit network in the U.S., connecting over 3,000 financial institutions to help them manage liquidity, keep deposits secure, and support community lending. - **Entity Type**: Private (no public ticker; funded through operations, no disclosed venture rounds) - **Headquarters**: Arlington, Virginia, USA - **Founded**: 2002 (as Promontory Interfinancial Network) - **Founders**: Mark Jacobsen (CEO and co‑founder, inventor of reciprocal deposits) and former banking regulators ## Core Business - **Primary industry**: Financial technology (fintech) – deposit network services for banks and financial institutions. - **Target customers**: B2B – community banks, regional and money center banks, brokerage firms, fintechs, and other financial services organizations. - **Mission/purpose**: Help financial institutions keep customers’ money secure, manage cash balances, and increase profitability while driving local economic growth through reciprocal deposits. ## Products & Services - **CDARS®** (Certificate of Deposit Account Registry Service): Allows depositors to access multi‑million‑dollar FDIC insurance through a single bank by placing funds across network banks. - **ICS®** (Insured Cash Sweep): Provides FDIC insurance on large money market and demand deposit account balances. - **IntraFi Sweep™**: Automated sweep service for managing excess liquidity. - **IntraFi Yankee Sweep®**: Helps institutions place deposits across state lines to manage liquidity. - **IntraFi Assetpoint®**: Marketplace for buying and selling bank assets, including loans and private equity capital call facilities. - **IntraFi Repo™**: Repurchase agreement service for short‑term liquidity. All offerings are technology‑enabled services (SaaS‑like platform) that integrate with banks’ core systems. ## Market Standing - **Valuation/Market Cap**: Not publicly disclosed (private company). - **Key Metric**: Over 3,000 financial institutions in the network, representing 64% of all U.S. banks, including 79% of CDFIs and 92 of the top 100 U.S. banks. - **Notable Investors/Partners**: Not disclosed; company is self‑sustaining with a 20+ year track record. Partners include thousands of banks across the U.S. - **Growth Signals**: - Largest per‑depositor, per‑bank capacity in the industry. - Tens of billions of dollars processed daily. - 99% customer satisfaction rating. - 23+ year track record with zero service disruptions through three financial crises. - Regularly examined by federal regulators using FFIEC standards. ## Competitive Advantages - **Network scale**: The largest deposit network in the U.S., unmatched capacity and reach. - **First‑mover**: Invented reciprocal deposits (CDARS/ICS) and holds patents on core technology. - **Operational resilience**: Cloud‑hosted, multi‑region redundancy, third‑party stress testing and disaster recovery. - **Regulatory expertise**: Founded by former regulators; board and executive team have deep banking and regulatory backgrounds. - **Client‑centric service**: Dedicated relationship managers and a client services team with a 99% satisfaction rating. ## Strategic Focus - Continue innovating deposit placement and liquidity management solutions. - Expand network participation among community banks, CDFIs, and minority‑owned depository institutions (e.g., the ACT® Deposit Program). - Maintain operational excellence and security as regulatory expectations evolve. - Leverage technology (including AI and cloud) to enhance service offerings and client experience. ## Why Work Here - **Culture**: Collaborative, mission‑driven environment focused on doing good for clients and communities. Recognized as #1 Best Place to Work by *American Banker* and *Washington Business Journal*. - **Work model**: Flexible hybrid environment (Arlington, VA HQ); some remote roles available (e.g., QA Engineer in Midwest locations). - **Benefits**: - Generous time off (annual, personal, parental, paid holidays, sick leave) - Quality medical, dental, vision plans - 401(k) with company match - Life and disability insurance - Free food, monthly social events - Employee Assistance Program - Annual training‑dollar allowance - Free onsite gym - **Engineering culture**: Emphasis on innovation (Java, AWS, AI), collaboration with finance experts, and opportunity to work on critical financial infrastructure. ## Sources 1. [intrafi.com](https://www.intrafi.com/) – Homepage and service overview 2. [intrafi.com/about-us](https://www.intrafi.com/about-us) – Company history, leadership, mission 3. [intrafi.com/join-us](https://www.intrafi.com/join-us) – Careers page, benefits, culture 4. [jobs.lever.co/intrafi](https://jobs.lever.co/intrafi) – Current job openings (Software Architect, QA Engineer, Operations Analyst, etc.) 5. [intrafi.com/intrafi-faq](https://www.intrafi.com/intrafi-faq) – Company FAQs with network stats, security, and community impact ## Other roles at IntraFi - [Account Executive](https://feeny.ai/job/account-executive-intrafi-arlington-25egya5664m8) — Arlington, VA - [Office Administrator](https://feeny.ai/job/office-administrator-intrafi-arlington-t6kt6d2bjs5p) — Arlington, VA - [Quality Assurance Engineer (Sweep)](https://feeny.ai/job/quality-assurance-engineer-sweep-intrafi-arlington-b6whhx6ac0m5) — Arlington, VA - [Senior Software Engineer (Sweep)](https://feeny.ai/job/senior-software-engineer-sweep-intrafi-arlington-5tdvkxztrdjr) — Arlington, VA - [Help Desk Technician](https://feeny.ai/job/help-desk-technician-intrafi-arlington-8wgjjhqb64mp) — Arlington, VA - [Software Architect (Java, AWS, & AI)](https://feeny.ai/job/software-architect-java-aws-ai-intrafi-arlington-bydpr20p1c8f) — Arlington, VA