2603-7 Chief Deposit Officer

Key Responsibilities

• Develop and execute a comprehensive strategy to grow core deposits across consumer, business, and public fund segments.
• Establish annual deposit growth goals aligned with the bank’s strategic plan.
• Identify market opportunities for deposit expansion in the bank’s footprint.
• Lead initiatives to increase relationship depth and primary bank status with customers.
• Drive growth of treasury management products including ACH services, remote deposit capture, cash management, merchant services, and fraud prevention tools.
• Partner with commercial lenders to deepen commercial relationships and improve deposit capture.
• Establish treasury management as a key revenue and relationship driver.
• Provide leadership to branch banking teams to improve deposit production, customer service, cross-selling, and operational efficiency.
• Evaluate branch performance and optimize branch network strategy.
• Develop sales culture within retail teams focused on relationship banking.
• Oversee development and management of deposit products including checking, savings, money market, CDs, and specialty accounts.
• Work with ALCO and finance to manage deposit pricing strategy and cost of funds.
• Maintain strong controls related to BSA/AML, fraud mitigation, and operational risk.
• Collaborate with the CFO and ALCO to manage the bank’s funding mix.
• Monitor concentration risk within the deposit portfolio.
• Lead initiatives to enhance customer onboarding, service delivery, and retention.
• Champion digital banking tools and modern banking experiences.
• Develop programs to improve customer satisfaction and engagement.
• Build and lead high-performing teams across retail banking and treasury management.
• Establish clear sales goals and accountability standards.
• Recruit, train, and develop future leaders within the deposit franchise.
• Ensure deposit and treasury operations comply with all applicable regulatory requirements.
• Serve as a key member of the executive leadership team.
• Contribute to long-term strategic planning for growth and profitability.
• Present deposit performance and strategy updates to executive management and the board.

Qualifications

• Experience: 10+ years of banking experience with significant leadership responsibility in deposit strategy, retail banking, or treasury management; experience leading deposit growth in a community or regional bank; proven success developing treasury management relationships with commercial clients; experience managing branch networks and sales culture preferred.
• Education: Bachelor’s degree in Finance, Business, or related field required; MBA or banking school preferred.
• Skills & Competencies: Strategic thinking and execution; strong understanding of deposit pricing and liquidity management; sales leadership and relationship management; knowledge of treasury management services; strong communication and presentation skills; ability to collaborate across lending, finance, and operations teams.
• Personal Characteristics: Relationship-driven community banking mindset; strategic but practical operator; high integrity and accountability; strong leadership presence; passion for customer service and community impact.