SVP, Chief Information Officer
BankTalent HQ - clinton, MA
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The Chief Information Officer is responsible for providing leadership, direction and support to the Bank's technology, compliance and operations departments. Areas of oversight include deposit operations, telephone and internet banking, including information security, compliance and vendor management. The CIO is also responsible either directly or through delegates for all areas of systems, technology, communications and information system services and equipment. * Provides direction, supervision and support to all areas within the technology and operations functions including: information technology, systems, telecommunications, deposit operations, electronic banking, retirement services, vendor management and compliance. This includes the direction of staff in related activities to ensure goal achievement and the delivery of prompt, accurate and dependable service. * Develops, modifies and recommends for approval, related policies and procedures that comply with regulation yet enable the Bank to perform in a business like manner, but not expose it to undue risk. Ensures implementation and department compliance with all applicable Bank policies and procedures, as well as, all applicable state and federal regulations including the timely completion of assigned compliance education courses. Ensures that deviations from policy are corrected and reported. * Manages the evaluation, implementation and support activity for the entire Bank's internal and external automated information processing systems and services including all software, hardware and related equipment. * Manages the evaluation, implementation and support activity for the entire Bank's office automation systems including but not limited to: local and wide area networks, telecommunication systems, software, hardware and related equipment. * Determines and evaluates the Bank's current and future technology, communication and information needs. Develops, maintains and implements CSB's IT Strategic Plan. Negotiates contracts for all the technology, communication and information systems and equipment purchases. * Acquires equipment, software systems and computer supplies to support the Bank's business activities. Analyzes and controls all costs associated with the Bank's technology, communication and information systems and identifies opportunities for cost effective investment and efficiencies. * Enhances, maintains and implements CSB's Privacy and Data Protection Program that ensures the adequate protection of the Bank's information assets in order to minimize the risks of monetary loss, productivity loss, and reputation damage. This includes policy and procedure review and implementation, investigation and resolution of disclosure incidents, compliance with industry standards and regulatory requirements. Manages a variety of projects or initiatives to implement or optimize critical information security controls and services. * Ensures the program and potential breaches of the program protocols are appropriately handled. Manages the protocol to review systems and operational processes involved in the potential breaches as well as lead the effort to assess and work as a team to help mitigate risks throughout the firm. Validates training program curriculum and stays abreast of all relevant changes to industry standards and regulatory requirements. Supports the Bank's strategic information security and risk management objectives and planning. * Manages a team of compliance professionals who are responsible for developing, implementing and administering all aspects of the Bank's Compliance Management Program including the BSA program. This includes, but is not limited to: conducting compliance risk assessments, testing and monitoring the effectiveness of compliance controls; developing and reviewing compliance policies, procedures and training; advising business partners on policies, procedures and controls necessary to comply with federal and state banking laws and regulations; tracking and advising on changes in applicable regulations. * Reports on the effectiveness of the compliance program and controls, emerging issues, trends, and changes in regulations to the Management Team, the Compliance and Audit Committees and the Board of Directors. Builds and maintains strong working relationships with business partners, auditors, other risk management functions and Bank Examiners. * Partners with the management team to develop corrective action plans for deficiencies in compliance, preparing formal reports for the Compliance and Audit Committees and the Board of Directors., and ensures follow is conducted to determine the adequacy and effectiveness of the actions taken. * The position is responsible for all aspects of Retail Banking operational support functions including internet banking, electronic banking, retirement services, courtesy overdraft and EFT programs. * Oversees the development and maintenance of a comprehensive security program that includes policies, procedures, training, testing, reporting and regulatory compliance for the entire organization. * Develops, implements, and manages a comprehensive and effective Disaster Recovery and Incident Response Plan in connection with the strategic objectives of the Bank ensuring that the program evolves in response to business model changes and emerging risks and issues. * Leads business impact and other risk assessments to identify operational risks, critical business processes and establish recovery time objectives as the foundation for the business continuity Program. Develops strategies in conjunction with key leaders to mitigate identified risks. Leads implementation and provides oversight and guidance, as needed, in testing all aspects of the business continuity program to include sourcing partners, as appropriate. Provides direction and guidance in understanding the technology recovery capabilities for the key business processes and designs strategies to mitigate risk and/or close gaps in capabilities. Performs Vendor Continuity Management reviews specific to service-oriented engagements * Participates in management activities such as: strategic forecasting, planning and reporting, regulatory compliance, Board of Directors meetings, training, officer and staff meetings. Job Requirements * Bachelor's Degree in a related field from an accredited college or university. Masters Degree in Business Administration preferred but not required. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related. * Minimum ten years of experience in a senior bank operations position, with extensive administrative experience in financial institutions or the equivalent combination of education and experience. Extensive background in banking rules and regulations applicable to deposit and lending product. Work related experience should consist of an in-depth background in accounting, management and supervisory skills. * Mastered knowledge of IT and deposit operations in a financial institution. * Mastered knowledge of related state and federal banking compliance regulations as relates to Bank operations and IT and policies and procedures. * Thorough understanding of management procedures; ability to plan department or Bank activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to organize various functions necessary to accomplish department or Bank activities; effectively manage staff (selecting, training and developing employees); directing employees towards the desired objectives (delegating, motivating, resolving problems); controlling the function (developing performance standards, measuring results, taking corrective action and rewarding employees as appropriate). * Ability to deal with complex problems involving multiple facets and variables in non-standardized situations. Solutions oriented and have ability to juggle and successfully address multiple competing high priority matters. * Demonstrated ability to plan, organize and prioritize work based on business need and available resources. Clinton Savings Bank is an EOE AA M/F/Vet/Disability. Member FDIC Member DIF
Created: 2024-11-04