CFO

We have been asked by a leading, publicly traded bank in the Midwest to find a CFO who will serve as a key member of the executive leadership team and who will be responsible for overseeing all financial aspects of the bank and its subsidiaries. The CFO will play a critical role in shaping the bank’s strategic direction, financial planning, and risk management, ensuring the bank’s long-term financial success and its commitment to the community.

If you are a strategic financial leader with a passion for community-focused banking and the expertise to navigate the financial complexities of a publicly traded bank, we invite you to contact us today!

Key Responsibilities:

1. Financial Strategy:

   • Develop and implement financial strategies aligned with the bank’s long-term goals.
   • Assess and manage financial risks, ensuring regulatory compliance and adherence to best practices.

2. Budgeting and Forecasting:

   • Lead the annual budgeting process and ongoing forecasting to support decision-making.
   • Monitor and analyze financial performance against budget and provide insights to drive operational efficiency.

3. Financial Reporting:

   • Oversee the preparation of accurate and timely financial reports for internal and external stakeholders.
   • Ensure compliance with all regulatory reporting requirements.

4. Capital Management:

   • Manage the bank’s capital structure, including optimizing capital allocation and maintaining capital adequacy.

5. Investment Management:

   • Manage the bank’s investment portfolio, optimizing returns while minimizing risk.
   • Collaborate with investment teams to make informed investment decisions.

6. Treasury and Liquidity Management:

   • Ensure efficient liquidity management to meet the bank’s obligations and maintain strong financial stability.
   • Oversee cash management, including cash flow forecasting.

7. Tax Planning and Compliance:

   • Develop and execute tax strategies to minimize tax liabilities.
   • Ensure compliance with all tax regulations and reporting.

8. Mergers and Acquisitions:

   • Participate in due diligence and financial analysis for potential mergers and acquisitions.

9. Stakeholder Communication:

   • Build and maintain relationships with investors, analysts, and regulatory bodies.
   • Communicate financial performance and strategies to the board of directors and shareholders.

10. Team Leadership:

    • Manage and mentor a team of finance professionals, fostering a culture of excellence and accountability.
    • Recruit, retain, and develop finance talent to meet the bank’s evolving needs.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
• Proven track record of at least 10 years in senior financial leadership roles within a large, preferably publicly traded bank or financial institution.
• In-depth knowledge of financial regulations and reporting requirements.
• Strong strategic thinking, analytical, and problem-solving skills.
• Exceptional leadership and team management capabilities.
• Excellent communication and interpersonal skills.
• Ability to adapt to a changing financial landscape and drive innovation.

Compensation: Competitive salary, performance-based bonuses, and a comprehensive benefits package.

Career 1 Source has been focused on Executive Level recruiting since 2008, our network runs deep. If this role isn’t quite the right fit for you, but, are still open to exploring career growth, feel free to do so HERE. Or, if you know someone who may be interested in this role, please reach out HERE. We provide up to a $500 referral bonus for individuals that are referred and we place.

*Candidates must be eligible to work in the US as well as meet the qualifications listed above in order to be considered for the CFO job.

Job Id: 17039