SVP, Head of Financial Strategy at CoBank

Greenwood Village, Colorado, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

259800.0

Posted On

05 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Strategy Development, Capital Management, Process Improvement, Strategic Finance Initiatives, Profitability Analysis, Financial Modeling, Stakeholder Management, Team Leadership, Regulatory Compliance, Risk Mitigation, Performance Management, Talent Strategy, Change Management, Investor Relations, Financial Systems Upgrades

Industry

Banking

Description

Benefits Overview A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best! Benefits Offered by CoBank Careers with a purpose Time-Off Packages, 20 days of vacation, 10 paid sick days and 11 paid holidays Competitive Compensation & Incentive Hybrid work model: flexible arrangements for most positions Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance Robust associate training and development with CoBank University Tuition reimbursement for higher education Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution Associate Resource Groups: creating a culture of respect and inclusion Recognize a fellow associate through our GEM awards Job Description The Senior Vice President (SVP), Head of Financial Strategy, will lead the development and execution of the bank's financial strategy. This role involves overseeing financial initiatives, capital management, and process improvements to support long-term growth and sustainability. Reporting to the Chief Financial Officer (CFO), the SVP will spearhead strategic finance initiatives, working collaboratively with the finance group and management leaders to enhance organizational effectiveness. The SVP will partner closely with the CFO and senior leadership to drive impactful projects and shape the financial direction of the organization. Essential Functions Strategic Financial Leadership: Develop and implement the bank’s long-term financial strategy, ensuring alignment with corporate objectives. Work with bank leadership to enhance management reporting, profitability analysis, and decision-making frameworks. Provide actionable insights and recommendations to drive profitability and operational efficiency. Development of Finance Initiatives: Spearhead strategic initiatives for the CFO, focusing on optimizing financial processes, tools, and reporting frameworks. Drive the execution of finance-led projects, including cost management, financial systems upgrades, and performance improvement initiatives. Collaboratively develops business plans to take cross functional needs into account and engage senior leaders in the outcomes. Partner with business unit leaders to ensure alignment of finance initiatives with broader business goals. Strategic Projects and Organizational Enhancements: Work closely with the CFO to identify and execute enterprise-wide strategic initiatives that enhance operational and financial performance. Lead cross-functional teams to address strategic challenges and drive organizational improvements. Develop frameworks to assess and measure the impact of finance initiatives on business outcomes. Stakeholder Engagement: Collaborate with the CFO, CEO, and Board of Directors to present financial insights and strategic recommendations. Serve as a key liaison with external stakeholders, including regulators, investors, and analysts, to communicate the bank’s financial and strategic priorities. Lead the development of investor materials and contribute to annual reporting processes. Team Leadership and Development: Build and manage a high-performing financial strategy team, fostering a culture of innovation, accountability, and collaboration. Oversees execution of functional plans, initiatives, resource requirements, and budgets, anticipating and managing impact on stakeholders outside the function. Mentor and develop team members to enhance technical expertise and strategic thinking. Drive continuous improvement across finance functions, ensuring operational excellence. Stays abreast of external economic conditions and best practices. Approves new approaches that enhance the function’s efficiency and effectiveness. Risk and Compliance Oversight: Ensure all financial strategies and initiatives adhere to regulatory standards and internal policies. Proactively identify and mitigate financial risks. Support compliance, audit, and risk management efforts as required. As a people manager at CoBank, you will be expected to manage and lead associates. Responsibilities include, but are not limited to, associate performance management, talent strategy, workforce planning, change management, conflict resolution, and relationship management. You will drive and be accountable for the team’s development, alignment with the division’s objectives, as well as with CoBank’s strategy and mission. Education Bachelor's Degree Finance, Economics, Business Administration or a related field required MBA or CFA preferred Work Experience 15 years Experience in financial strategy, FP&A, or corporate finance roles, preferable within the banking or financial services industry required Prior Experience in investment banking or management consultant experience preferred Proven success in leading complex financial initiatives and projects Strong expertise in financial modeling, capital managements, and regulatory compliance Exceptional leadership, communication, and stakeholder management skills Physical Exertion Details Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met. Travel Requirement Details Occasional Travel occurs infrequently (typically, once a month or less). About CoBank The typical base pay range for this role is between $211,200 - $259,800. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance. The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law. CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore. REASONABLE ACCOMMODATION We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time. CoBank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

Responsibilities

The Senior Vice President will lead the development and execution of the bank's long-term financial strategy, overseeing initiatives related to capital management and process optimization to ensure sustainable growth. This role involves spearheading strategic finance projects, enhancing management reporting, and partnering closely with the CFO and senior leadership to shape the organization's financial direction.