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Bankwest · 2 months ago

SVP Financial Services - Pierre or Mitchell BankWest Locations

Pierre, SD

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

BankWest is a financial services institution seeking a Senior Vice President for its Financial Services Division. The role involves leading and managing ancillary business lines, ensuring alignment with the organization's strategic goals, and driving opportunities for growth and acquisition.

BankingFinanceFinancial Services

Work & Life Balance

Responsibilities

Lead and manage Financial Services Division of BankWest

Responsible for the performance, growth, and alignment of ancillary business lines with the BankWest organization's core mission and strategic goals

Identify opportunities for organic growth and growth through expansion as well as potential business acquisitions

Responsible for the day-to-day management, staffing, administration, and related support staff for the assigned area(s) of responsibility

Selects, trains, coaches, and develops subordinates in accordance with BankWest philosophies and policies; schedules and manages staffing ensuring work completion and delivery of related customer service requirements; ensures compliance with BankWest policies, procedures and standards

Provide direction regarding products and services offered by the ancillary business lines

Supervise and support managers or supervisors of each ancillary unit, fostering a culture of continuous improvement and accountability

Collaborate with internal departments, external vendors, and direct reports to enhance service delivery and customer satisfaction

Work with management to develop and monitor budgets, forecasts, and financial KPIs for each business line; ensure profitability and cost-effectiveness

Provide regular performance reports to executive leadership; use data to drive decisions and improvements

Responsible for the budgeting and planning for the Financial Services Division

Establish the overall direction of the Division by setting objectives and defining the means for their attainment

Work with executive management on end-to-end acquisition processes including target identification and due diligence including company's financials, operational capabilities, technology infrastructure, and cultural alignment

Develop and execute integration strategies to align newly acquired businesses with existing operations, culture, and systems

Collaborate with cross-functional teams (finance, HR, IT, operations) to ensure seamless post-merger integration

Provide expertise and ensure compliance with all legal, state and federal regulatory and reputational requirements for Financial Service lines of business

Serve as a member of the Corporate Management team and provide leadership toward the achievement of organizational strategic objectives

Serve as a member of the Financial Services, Marketing, and Customer Relationship Management Committees

Collaborate with other members to support the attainment of goals and objectives

Work as a team with departmental counterparts on planning and implementing assigned projects and products

Participate on various committees and project teams as deemed appropriate by management

Attend and actively participate in training offered

Adhere to all applicable Policies and Procedures of BankWest organization

Maintains relationships with professional organizations, peers at other financial institutions, and/or Bank regulatory bodies to provide input and feedback on related areas of expertise to the Management Team

Act in a leadership capacity, providing relevant expertise and counsel; actively supporting work and employee development activities of the Bank

Supports community through active involvement

Other duties as assigned

Qualification

Financial acumenMergersAcquisitionsProject managementInsurance sales experienceReal estate experienceCross-functional team managementCustomer serviceRegulatory knowledgeSoftware proficiencyInterpersonal skillsProblem solving

Required

A Bachelor's Degree in a related field

10 years' progressive management experience in related field

Experience in insurance sales or agency management

Experience in real estate or abstract businesses

Strong business financial acumen

Experience in managing diverse business areas and cross-functional teams

Strong systems knowledge, including trouble shooting and problem solving

Proven experience in mergers and acquisitions, including successful integration of acquired businesses

Strong project management and organizational skills

Ability to work dependently and/or independently, under pressure, meet deadlines, and adjust work schedules as needed to complete job responsibilities

Ability to organize and handle multiple responsibilities while delivering quality external and/or internal Customer Service

Strong interpersonal skills to ensure effective communication with external and/or internal customers

Knowledge or ability to learn regulatory requirements pertinent to performance of specified duties in job description

Ability to skillfully use a variety of application software, learn computer programs, and comprehend the program output

Adhere to Federal Privacy Standards in addition to following BankWest requirements for electronic communication and Social Engineering standards

BankWest is a 'Sales Organization' and all employees are expected to participate directly or indirectly with increasing BankWest's presence in their markets as appropriate