Banking CFO & Strategy Leader (ALM, GAAP, Risk)

Hingham Institution for Savings; Hingham (MA); Presencial; USD 250 000 - 350 000; Tempo integral

Resumo da oferta

The CFO at Hingham Institution for Savings will direct the Bank's financial accounting, reporting and treasury functions, advising on capital planning, strategy and risk. The role emphasizes cost discipline, risk reduction and operational improvements, with hands-on leadership of a small Finance Group in an in-office setting.

Success involves guiding fiduciary oversight, equity of capital, and external reporting while leveraging AI and analytics to drive efficiency and better decision-making

Qualificações

• High ethical standards.
• Undergraduate degree in a related field.
• CPA, MBA or CFA.
• Substantial experience as a Chief Financial Officer at a publicly traded, mutual or private bank.
• Extensive knowledge of funds management, lending, operations, bank investments, GAAP application and asset/liability management in banking.

Responsabilidades

• Manages the general ledger and oversees internal, regulatory and public financial reporting.
• Reports on the Bank's financial position and results to the Chairman/CEO, the President and COO, and the Board of Directors.
• Prepares financial projections and annual budgets, and maintains the Bank-wide budget program.
• Oversees the external audit and coordinates the FDICIA/SOX internal control process, including control design and external testing.
• Develops and implements asset/liability, liquidity, investment and accounting policies that comply with regulatory requirements and GAAP.
• Reviews the investment portfolio, recommends actions within investment guidelines, and executes approved investment transactions.
• Actively manages the mix and interest rate risk profile of wholesale funding (brokered deposits, internet deposits and FHLB advances) to optimize interest rate risk and reduce the cost of funds.
• Monitors cash flow and liquidity projections against actual results and recommends corrective action early.
• Oversees the interest rate risk (IRR/ALM) program, including the model vendor and external consultant relationships, and helps evaluate funding strategies for asset growth.
• Designs and executes the Allowance for Loan Loss (ALL/CECL) and credit stress testing programs.
• Coordinates the annual Joint Safety and Soundness Examination with the FDIC and the Massachusetts Division of Banks.
• Supervises the Bank's insurance program.
• Manages shareholder communications and public company reporting, including press releases, securities filings, and proxy materials for the Annual Meeting.
• Maintains corporate records and required corporate and regulatory reporting for the Bank and its subsidiaries.
• Researches and implements technology and process changes that systematize and automate work across the Finance Group and the Bank.
• Uses artificial intelligence, analytics, and data to help other areas of the Bank achieve their business objectives.
• Delegates responsibilities, trains staff, evaluates performance, and builds a department-wide equal opportunity employment environment.
• This role requires employees to be in office.

Conhecimentos

Leadership

Strategic planning

Formação académica

Undergraduate degree in a related field

CPA, MBA or CFA

Descrição da oferta de emprego

The CFO at Hingham Institution for Savings will direct the Bank's financial accounting, reporting and treasury functions, advising on capital planning, strategy and risk. The role emphasizes cost discipline, risk reduction and operational improvements, with hands-on leadership of a small Finance Group in an in-office setting.

Success involves guiding fiduciary oversight, equity of capital, and external reporting while leveraging AI and analytics to drive efficiency and better decision-making