Chief Financial Officer

Location Des Moines, IA

# of openings 1

Apply Now (https://phh.tbe.taleo.net/phh03/ats/careers/v2/applyRequisition?org=BANKERSTRUST&cws=37&rid=1691)

Job Brief

The Chief Financial Officer is responsible for serving as the Bank's lead financial executive overseeing and representing the Bank's Finance Department and all financial and accounting operations of the Bank and its subsidiaries.

There are important qualities you look for in an employer – meaningful work, community engagement, competitive benefits, commitment to employee development, and so many more. At Bankers Trust, our team members experience an inclusive and community-focused culture and we’re proud of the premier workplace we’ve created. We regularly receive best in class results through our biennial employee engagement survey. We’re also proud to receive recognition from others, including our designation as a “Best Place for Working Parents®,” being a four-time recipient of the Greater Des Moines Partnership’s Inclusion Award, and being named one of the “Best Businesses Supporting Local Charity” by readers of the Business Record.

Job Summary:

The Chief Financial Officer is responsible for serving as the Bank's lead financial executive overseeing and representing the Bank's Finance Department and all financial and accounting operations of the Bank and its subsidiaries.

Primary Functions and/or Responsibilities:

· Responsible for adhering to all related generally accepted accounting principles, tax and regulatory laws, rules and regulations to adequately and accurately reflect the financial position of the Bank at all times

· Participates and assists the Bank in formulating and meeting its overall financial objectives, including the Bank's capital plan; manages investments to meet liquidity and income producing objectives; conducts financial and management reporting

· Prepares forecasting and budgeting; plans, coordinates, and executes effective processes related to the Bank's capital and asset and liability structure; develops, implements, and monitors accounting policies, procedures, practices and internal controls

· Proactively finds efficiencies & cost savings without deteriorating Bank culture & services for the Finance department and partnering with business units to do this throughout the organization.

· Counsels the Executive Committee on fiscal control and profitability; prepares, presents and interprets financial reports to the Executive Committee, Board of Directors and Holding Company board.

· Oversees the corporate tax responsibilities of the bank

· Serves as the primary liaison and contact for the Investment Committee of the Board of Directors and all investment advisory firms

· Serves as the primary contact with government regulatory agencies and examiners on all financial matters

· Maintains relationships with top-tier clients and/or community leaders and seeks out additional referral and business opportunities on an ongoing basis

· Demonstrates honest and ethical behavior, consistently illustrating Bankers Trust values in both words and actions

· Maintains and oversees the roll-up of the Division budget, appropriating funds to grow business while adhering to expense reduction

· Identifies and prioritizes risk and compliance issues affecting function (current and anticipated) & takes action to mitigate identified risks

· Provides relevant updates and cross-functional education at strategic planning sessions, bi-weekly executive committee meetings and quarterly management committee meetings

· Represents the Bank by attending Bank-sponsored community events, especially those with a DEI focus

· Joins community boards, especially with a focus on CRA opportunities

· Respects, recognizes and celebrates the strength of Bankers Trust’s greatest asset, the value of all people, via diversity, equity and inclusion efforts

· Develops and communicates strategic vision for the Division, leading projects and setting goals to align with the organization’s strategic pillars

· Develops leaders who develop their own team members, building an effective talent pipeline, creating engaged, innovative and professional teams with viable succession plans

· Performs other duties as assigned

Education and/or Experience:

· Business Degree in Accounting or Finance required

· MBA/Advanced degree preferred

· CPA and/or CFA required

· At least 15 years of experience in progressive corporate roles required

· At least 10 years of experience leading successful teams required

· Experience with Asset/Liability Management, investment portfolio management, loan loss portfolio management & strategic planning is required

· Prior experience working with examiners/auditors preferred

· Four-year college degree in a related field preferred OR an equivalent combination of education and experience

Specific Skills, Knowledge & Abilities:

· Excellent budgeting skills

· Ability to analyze and interpret financial data

· Leadership abilities, such as the ability to delegate responsibilities, be self-motivated and dynamic

· Ability to work under pressure and with deadlines

· Knowledge of federal and state financial and banking regulations

· Results oriented and focused

Benefits

• Group Health, Dental, and Vision Insurance

• Generous Paid Time Off (PTO)

• Volunteer Time Off (VTO)

• 401(k) plan with lucrative company match

• Tuition assistance

• Company Paid Life Insurance

• Paid Parental Leave

• Lifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.

• Team Member Banking - a suite of products and services with special benefits for employees

AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER

“PROTECTED VETERANS” AND “INDIVIDUAL WITH DISABILITY”