President & Chief Executive Officer
Virginia Bankers Association · Provincetown, MA · 1 wk ago
Business DevelopmentFull-time
Major Responsibilities & Essential Functions
- Leadership, Strategic Vision, & Execution: In collaboration with the Board and the senior management team, develops and executes the long-term vision for the Bank and effectively communicates the vision and strategic planning throughout the Bank.
- Oversee the development and implementation of the Bank’s strategic plans and objectives to ensure financial growth and stability.
- Bring a thoughtful and common-sense approach to the goals and priorities of the Bank while adhering to the Bank’s mission and values.
- Guides and supports the management team in operational decisions and policy development; active on various internal and external committees.
- Directly manages, supports, and evaluates the performance of the senior management team.
- Able to anticipate and identify developing issues facing the Bank. Proactively and strategically plans to address these issues.
- Serves as a member of the Board of Trustees and is the chief liaison between the Board and members of management.
- Drive and encourage discussions on decision-making surrounding policies that are established in the best long-term interests of the depositors, staff, and community.
- Able to make critical, difficult, and timely decisions, then execute and follow through to completion and delivery.
- Champions change and innovation without instilling fear.
- Ability to uphold an environment that encourages open communication, transparency, and a healthy debate of ideas.
Business Performance & Operations
- Partner with senior management to lead and develop an organization of 75 staff to achieve strategic financial and operational goals.
- Ensure the smooth running of the Bank, eliminate ineffective practices, and embrace innovation and forward thinking.
- Foster a culture of excellence, ensuring strong business performance based on innovation, minimizing duplication and waste, and maximizing efficiencies.
- Maintain strong familiarity with technologies to support business and financial functions.
- Monitor balance sheet strategies, investment portfolio, and capital portfolio and expenditures.
- Provide exemplary stewardship of Bank resources.
- Monitor overall financial performance and oversee decisions to drive profitability and resource allocation to steer the Bank towards its goals.
- Continually review and improve all Bank operations, including lending, deposits, credit, other financial services, safety, and security.
Community Relations & Development
- Serve as the primary community ambassador of the Bank with a history of community engagement.
- Lead the activities of the Seamen’s Bank charitable foundation.
- Agile in building and strengthening relationships with customers, business leaders, government officials, and community organizations to improve the Bank’s reputation and establish a wider market presence.
- An articulate and visible public speaker who can communicate with a diverse audience on a broad range of pressing local issues.
- Genuine interest in impacting the local economy.
Risk Identification & Mitigation
- Develop strategies and initiatives to mitigate identified risks.
- Maintain an extensive, comprehensive understanding of state and federal banking laws and regulatory requirements to successfully and effectively steer the Bank through regulatory examinations and audits.
- Ensure the Bank complies with federal, state, and local regulations, maintaining ethical standards and risk management practices.
- Monitor all activities of the Bank including new loan requests, overdrafts, and exceptions that elevate financial risk.
- Lead the Bank through financial or operational challenges, ensuring calm, effective decision-making and clear and transparent communication during crises.
- Engage complex Bank matters to legal counsel and ensure best outcomes for the Bank.
Qualifications, Requirements, And Preferred Experience And Skills
- Proven track record of excellence as an executive or senior management team member, along with strong business, financial, and regulatory expertise.
- Strong leadership, problem-solving, and organizational skills, with the ability to communicate effectively with staff, board members, customers, and the public.
- Highly skilled at managing relationships at every level and must use sound judgement with the best interests of the Bank at the forefront.
- High level of integrity, professionalism, and an unwavering commitment to high ethical standards.
- Excel in open communication and can appreciate the Bank’s current state and propel it to the next level.
- Experience developing and managing teams.
- Minimum of 10-15+ years of progressive experience in the banking or financial services industry, with a proven ability to develop teams and accelerate goals.
- Bachelor’s degree in Finance, Business Administration, Economics, or a closely related field.
- Must have a valid US issued driver's license.