The Chief Financial Officer (CFO) is responsible for the fiscal health, capital
planning, and risk management operations of Traditional Bank and its affiliates.
Acting as a strategic partner to the CEO and Board of Directors, the CFO drives
the long-term strategic vision of the bank, aligning capital management,
investment strategies, and financial forecasting with future growth and
profitability goals. The CFO chairs the Asset-Liability Committee (ALCO), and
serves as the primary liaison to the Board, shareholders, and regulators
regarding financial matters.
KEY FUNCTIONS AND RESPONSIBILITIES
Drives the formulation and execution of the Bank’s long-term strategic plan,
developing financial models, capital strategies, and performance measures that
support sustained growth.
Advises the CEO and Board on strategic capital allocation, market expansion, and
new product initiatives.
Chairs the ALCO committee, strategically managing interest rate risk (IRR),
liquidity, and economic value of equity (EVE) to optimize the balance sheet for
long-term stability and profitability.
Directs the Bank’s investment policy and portfolio strategy, ensuring alignment
with liquidity needs, risk appetite, and strategic return goals. Confers with
the CEO and/or President to implement and optimize the Bank’s investment policy.
Oversees all internal, external, and regulatory reporting for the Bank and its
affiliates, ensuring accurate and timely issuance to executive management, the
Board, and regulatory bodies.
Responsible for designing, implementing, and maintaining effective internal
control over financial reporting. Oversees most administrative reconciliation of
accounts and regulatory reporting.
Leads the development of comprehensive annual budgets and financial projections
to guide executive decision-making both bank-wide and market-specific.
Travel to Mt. Sterling 2 days a week may be required.
Completes on-line compliance training as required.
Other duties as required.
SUPERVISORY RESPONSIBILITIES
Supervises three direct reports (Accounting Officer, Finance Administrative
Assistant, and Finance Assistant). Carries out supervisory responsibilities in
accordance with the organization's policies and applicable laws. Responsible for
fostering a team-oriented, collaborative work environment. Focuses on talent
development, coaching, and building a high-performing finance department capable
of scaling with the Bank’s growth.
KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED
1. A Bachelor's degree in Business Administration, Accounting or Finance; or
equivalent combination of education, experience, and training which provides
the necessary skills, knowledge and abilities.
2. Approximately 10+ years related work experience with extensive background in
financial institution accounting and auditing, operations, internal
controls, and policies and procedures suitable for a multi-billion-dollar
institution.
3. Ability and willingness to lead and work independently, exercise sound
judgment and confidentiality, and champion the Traditional Bank culture.
4. Must have high-level analytical capabilities in long-term strategic
planning, financial forecasting, and scaling bank operations. Preferred
experience with tax strategy and hedge accounting.
5. Strong knowledge of ALCO process and tools, including the ability to
effectively manage and monitor daily cash flow, liquidity, and bond
investment portfolio.
6. Exhibits strong written and verbal communication skills; ability to distill
complex financial concepts with the Board, regulators, and non-financial
executives.
7. Ability to effectively prioritize and manage multiple projects and
initiatives while meeting required deadlines.
8. Experience with Jack Henry and SilverLake systems preferred.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met
by an employee to successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities to
perform the essential functions.
While performing the duties of this job, the employee is regularly required to
use hands to finger, handle, or feel and talk or hear. The employee is
frequently required to stand; walk and sit. The employee is occasionally
required to reach with hands and arms. The employee must occasionally lift
and/or move up to 50 pounds. Specific vision abilities required by this job
include close vision and distance vision.
The above is intended to describe the general content of and requirements for
the performance of this job. It is not to be construed as an exhaustive
statement of duties, responsibilities, or requirements.