Eligible for annual Executive Incentive Cash and Equity Plans
Required Education:
4 Year Degree
Job description
At Bank of Luxemburg, we are committed to having a positive impact on people’s lives, providing exceptional service to our customers, and fostering a supportive, team-oriented environment. Due to an upcoming retirement, we are currently seeking a highly skilled Chief Financial Officer (CFO) to join our Executive team. If you have a strong background in financial management, leadership experience, and a passion for community involvement, we encourage you to apply.
What We Offer:
Competitive pay
Health, dental, and vision benefits
A supportive and collaborative workplace culture that prioritizes teamwork, transparency, and continuous improvement
About the Role: As the Chief Financial Officer, you will oversee the financial strategy of the Bank, including asset liability management, liquidity management, bank investments, and regulatory reporting. This is a senior leadership role where you will work closely with the Bank’s President and Executive Team to drive financial success while supporting our mission to positively impact the lives of our community members.
Key Responsibilities:
Financial Strategy & Management: Lead the execution of the Bank’s financial strategy, including managing asset liability, liquidity, investments, and regulatory reporting. You will also prepare and lead discussions on financial matters with the Asset/Liability and Profitability meetings.
Reporting & Oversight: Supervise the preparation of essential financial and regulatory reports, including Board Financial Reports, FDIC & DFI Call Reports, and Federal Reserve Reports. Ensure the accuracy of accounting activities like accounts payable, payroll, general ledger, and daily cash control.
Investment Management: Manage the Bank’s investment portfolio, initiate buy-sells, and ensure the Bank’s funds are invested to meet established return and security goals.
Leadership & Policy Development: Collaborate with the executive team to create and implement short- and long-term financial, operational, and personnel goals. You will lead the development and execution of Bank policies and ensure their consistent implementation.
Enterprise Risk Management: Establish and oversee a future Enterprise Risk Management program, ensuring compliance with internal audits, loan review procedures, and regulatory standards.
Team Management: Supervise a team of financial professionals, focusing on recruitment, development, performance evaluations, training, and delegation of tasks.
Community Engagement: Represent the Bank at local business, charity, and civic events, promoting positive community relations and supporting the Bank’s mission.
Education & Experience:
Bachelor’s degree in Accounting, Finance, or a related field
Minimum of 10 years of experience in related financial institution accounting and information systems
Bank of Luxemburg's goal is to "Have a Positive Impact on People's Lives!" We have been serving our communities since 1903 and continue to grow stronger every year by giving back to those communities!