Featured Positions

Chief Banking Officer & President

Location: Virginia

JOB DESCRIPTION

OVERVIEW OF GOALS AND ACCOUNTABILITIES

The Chief Banking Officer is responsible for significantly contributing to the strategic planning and direction of the bank, overseeing customer relationship growth; developing, implementing, and achieving annual goals and objectives as established in the annual Strategic Plan; assisting in identifying, targeting, and integrating noninterest income activities in nonbanking lines; insuring compliance with various operating policies and procedures and various regulatory requirements; supervising assigned personnel; communicating and interfacing with other department and management personnel; providing periodic management reports.

REPORTING

The Chief Banking Officer reports to the Chief Executive Officer.

RESPONSIBILITIES

Leads the Bank’s loan production efforts in order to meet the credit needs of customers while, at the same time, controlling credit risk, as follows:

• Maximizing loan and commercial deposit growth through effective planning, development, and implementation of lending strategies.
• Identifying and developing long-term strategies that will include initiatives such as portfolio mix, growth strategies, and market penetration objectives.
• Leading efforts with the executive management team to develop and implement appropriate lending products and services.
• Approving loans and exposures up to an amount so designated by the Board of Directors.
• Reviewing and approving loan policy exceptions, when appropriate and properly mitigated.
• Monitoring proper uses of loan authorities.
• Keeping lenders abreast of lending rates and pricing issues.
• Assisting in the early detection of developing credit weaknesses, and in working out of problem loans requiring special attention.
• Providing leadership and serving as mentor to the loan production team in the attainment of its goals.

SKILLS & OTHER ABILITIES

• Effectively lead and support a team of banking professionals to achieve targeted goals.
• Critical thinking and analysis.
• Willingness to travel.
• Ability to learn and contribute to oversight and growth of noninterest income activities
• Knowledge of relevant policies, procedures, and regulatory rules and regulations
• Problem identification and resolution
• Leadership and professionalism
• Excellent interpersonal skills

DIRECT REPORTS

• Senior Vice-President, Retail & Business Banking
• Market Presidents

If you’d like to learn more, please contact Barry van Roden 212-387-8171 for more information.

Director Accounting Policy

The Accounting Policy Director directs Accounting Policy activities for the bank across the enterprise. This executive is responsible for developing and updating Accounting Policies and performing (and/or leading others in the performance of) highly complex technical, financial regulatory, accounting and reporting research and analysis and serves as a subject matter expert on GAAP and RAAP. This executive leads efforts to assess and communicate the impact of new accounting standards to management. The executive also advises management on the accounting implications of contemplated transactions and/or business decisions and represents company  with accounting standard setters and industry groups, helping to influence the outcome of developing accounting and reporting guidance impacting the enterprise.

The primary role of the Accounting Director is to establishing accounting policy for the Company.

We are seeking an Accounting Policy Director to serve as the primary point of contact on accounting policy and serve to aid in the review and creation of external financial reporting matters for various business segments. This executive is responsible for developing and updating Accounting Policies and performing (and/or leading others in the performance of) highly complex technical, financial regulatory, accounting and reporting research and analysis and serves as a subject matter expert on GAAP and RAAP.  The Accounting Director will work on issues of a diverse scope where analysis of the issue, business purpose and underlying economics will be crucial to evaluating the appropriate accounting treatment, and translating that information into disclosure and internal policies. Issues tend to be time sensitive, require extensive collaboration with internal accounting and finance staff and business partners, as well as other directors within the Accounting Policy and External Reporting team.

Responsibilities include:
• Provide expert advice and accounting guidance for technical accounting issues related to:

• New accounting guidance issued by standard setters and regulatory agencies;
• Questions arising from Segment Controllers regarding application of the Company’s accounting policies and U.S. GAAP to significant and unusual transactions; and
• Assessment of accounting and financial reporting effects of new business initiatives.
• Prepare and/or revise accounting policies and procedures to reflect new accounting pronouncements or guidance, to improve clarity or to respond to changing circumstances.
  • Communicate with Finance personnel regarding accounting changes, new accounting standards, technical accounting topics, and other related business and control issues.
  • Monitor and analyze emerging issues and proposed rule changes; prepare comment letters to regulatory agencies and assist in the implementation of new requirements across affected business areas.
  • Drafting sections of the Company’s external financial reports (i.e., 10-K and 10-Qs), and collaborating with the Segment Finance and business personnel on disclosures of business activities, results, and drivers.
  • Aggregating and reviewing financial information provided by the Segments for disclosure in the Company’s external financial reports.

Qualifications

• 8+ years of experience, which may include any of the following (or a combination of more than one):
  • Big 4 Public Accounting Firm with experience in the financial services industry with some time spent in a technical accounting advisory capacity (i.e., Capital Markets Advisory group);
  • Technical accounting group at a large financial services organization;
  • Regulatory agency or accounting standard setter (i.e., FASB, SEC); or
  • External Financial Reporting with a public company.
  • Bachelor’s degree in Accounting
  • CPA
  • Strong financial aptitude and robust analytical skills
  • Excellent written and verbal communication skills

Preferred Skills

• Knowledge of Banking/Leasing Industry
• Familiarity with new pending FASB rules specifically CECL extremely helpful
• Familiarity with Webfilings and XBRL
  • Ability to work effectively with continuous change and short deadlines
  • Demonstrated business acumen, problem solving skills, intellectual maturity, and relationship management skills

If you’d like to learn more, please contact Barry van Roden 212-387-8171 for more information.

VP-SVP-MD Fixed Income Sales

Location: Flexible – The firm has pre-existing locations in major cities – Chicago, New York and San Francisco – as well as dozens of secondary cities in the Midwest, Mid Atlantic and Southeast.

Our client: A full-service boutique investment bank with deep relationships on the Street that allow it to punch well above its weight in terms of participating in new issue syndications. The firm benefits from its minority-owned status when generating new business. While it takes pride in its social mission, the firm competes effectively by providing superior client service and value. It provides sell-side research in several industries including financials and telecom.  Supported by a veteran corps of traders, their sales team covers debt and equity capital markets products.

Opportunity:  Selected sales people will join a growing fixed income practice.  The group provides clients with sales, trading and advisory services.  The trading desk facilitates transactions primarily in agency debt and mortgages, corporate debt, municipal bonds, CMBS and structured products.  Compensation is above average industry payouts.

Right Candidates:  High producers with well-established fixed income sales relationships. We are looking for people who collaborate with others and are highly driven to succeed.  This is an opportunity to join a well-established firm while there is still ample opportunity to pick up profitable client coverage.

If you’d like to learn more, please contact Barry van Roden 212-387-8171 for more information.

Confidential Search: Chief Accounting Officer, $5B Commercial Bank, Southeast

Contact Barry van Roden 212-387-8171 for more information.