Chief Financial Officer (Bank/Financial Services only)

Chief Financial Officer (Bank / Financial Services only)

Principal Responsibilities :

• Supports the Board of Directors on Corporate Financial Management including, but not limited to, topics of : dividend policy, capital structure, corporate governance, and strategic initiatives.
• Reviews the Bank’s investment portfolio while making buy / hold / sell recommendations to the CEO.
• Responsible for facilitating Management level ALCO and Board level Finance Committee meetings. Reports on areas pertaining to interest rate risk, liquidity, sources and use of funds, and overall comparison of appropriate financial metrics to CCB policy guidelines.

Recommends actions to be taken to address financial risks.

• Creates and maintains the annual budget (with monthly detail), while reporting to the Board of Directors the Bank’s financial performance vs the approved budget and self-identified peers.
• Responsible for seeking and implementing continuous efficiencies dependent on the leverage of technology and automation, where feasible and valuable.
• Conducts quantitative data analysis and financial modeling which includes but is not limited to; branch profitability, loan portfolio parameters, deposit portfolio parameters, and product profitability.
• Responsible for identifying, measuring, monitoring, and controlling the model for ACL estimation, CECL calculation, and general economic review as it pertains to potential credit loss outlook.
• Responsible for overseeing and enhancing the bank’s corporate credit card relationship, as it pertains to the employees and the bank as a whole.
• Responsible for maintenance and implementation of policies related to Accounting & Finance functions of the bank.
• Oversees the Bank’s accounts payable process.
• Oversees the Bank’s incoming and outgoing, domestic and international, wire funds transfers.
• Manage the bank’s BOLI portfolio.
• Manages critical relationships pertaining to Accounting and Finance for the Bank.
• Complete continuing education opportunities to stay updated on regulations / best practices for areas under your responsibility.
• Completes all duties to ensure compliance with BSA and OFAC requirements.
• Promotes an environment that supports diversity and upholds CCB’s core values.
• All other duties as assigned.

BANKING,Finacial Management,Loan Documents,Loan Portfolio Analysis,Risk Modeling,Chief Credit Officer,Senior Credit Officer

Chief Financial Officer (Bank / Financial Services only)

What we are looking for

• Bachelor’s degree in accounting with CPA and / or MBA.
• Ten-plus years working in a financial leadership capacity in a financial institution or independent mortgage banker. SEC and mortgage industry experience is preferred.
• Proven sustained success in previous high-level management and leadership roles.
• Demonstrated success in discerning market forces and developing appropriate, profitable business strategies.
• Proven expertise in banking regulations and related banking operations with demonstrated success in balancing operational efficiency and regulatory expectations.
• Successful experience managing corporate governance matters and communicating relevant information with boards of directors and shareholders.
• Demonstrated entrepreneurial mindset with strong organizational and leadership skills.
29 days ago