Vice President of Emerging Technologies at BANK FUND STAFF FEDERAL CREDIT UNION

Washington, District of Columbia, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Apr, 26

Salary

252000.0

Posted On

15 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Emerging Technologies, Digital Banking, Innovation, Fintech, Cybersecurity, Change Management, Data Analysis, Strategic Planning, Project Management, Vendor Management, Regulatory Compliance, Team Leadership, Budget Management, User Experience, Artificial Intelligence, Blockchain

Industry

Financial Services

Description

Description About BankFund: BankFund Credit Union is a full-service financial cooperative that was organized and chartered in 1947 as a convenient place for employees of the World Bank Group and International Monetary Fund and their families to save and to obtain credit. Located in Washington, DC, BankFund maintains three full-service branches downtown with our headquarters located near Farragut West metro station. This position is classified as a hybrid role which means that on-site work will be expected. After completion of training for the role, staff generally work on site 40% of the time but this is subject to change based on health and safety standards and operational need. Responsibilities: The VP of Emerging Technologies is responsible for identifying, evaluating, and implementing innovative technologies that advance the credit union’s strategic goals. This role leads research, planning, and execution of emerging technology initiatives to enhance member experience, operational efficiency, cybersecurity posture, and competitive differentiation. The VP acts as a strategic advisor, shaping the organization’s innovation roadmap while ensuring solutions are compliant, secure, scalable, and aligned with credit union values. Strategic Leadership & Innovation Develop and maintain an Emerging Technology Roadmap aligned with the credit union’s strategic plan. Support change management initiatives to enhance the user experience, increase engagement, and optimize conversion rates across all digital channels. Conduct ongoing research into fintech trends, artificial intelligence opportunities, digital transformation, and next-generation banking technologies. Evaluate new technologies for member value, risk impact, ROI, and long-term viability. Present recommendations and business cases to senior leadership. Prepare, present, coordinate and/or support formal reporting to Senior Management, the Member Services & Technology Steering Committee and all staff regarding emerging technologies and trends. Innovation and Emerging Technologies Lead the feasibility studies, pilots through proof of concepts and then assess the performance, usability, security, and regulatory compliance of new fintech solutions and products. Oversee the deployment, integration, and scaling of new technologies, ensuring solutions are implemented seamlessly, aligned with strategic priorities, and capable of supporting long-term organizational growth and innovation. Ensure projects are delivered on time, within budget, and aligned with member and business requirements. Proactively learn and educate others about industry trends and emerging technologies related to digital banking, fintech, and member experience. Identify and evaluate opportunities to leverage new technologies to drive innovation and improve operational efficiency. Conduct extensive research on emerging financial technologies (e.g., AI, blockchain, digital payments) and market trends to identify opportunities and potential threats. Collaboration & Cross-Functional Support Partner with IT, Operations, Risk, Digital Banking, Marketing, Lending, Training and Member Services to introduce technologies that improve efficiency and service delivery. Serve as a liaison to fintech partners, industry associations, technology vendors, and CUSOs. Support the implementation, integration, and management of digital systems, ensuring they operate efficiently and support the organization's digital goals. Provide thought leadership to internal teams on leveraging emerging tools. Governance, Compliance & Risk Ensure emerging technology initiatives comply with internal and regulatory requirements such as NCUA, GLBA and FFIEC guidelines. Evaluate and mitigate operational, cybersecurity, privacy, and third-party risks. Support governance frameworks for innovation and technology adoption. Member Experience & Digital Strategy Identify opportunities to improve and personalize the member experience through digital channels. Champion a human-centered approach to technology adoption, leading organization-wide change management efforts that prioritize employee and member experience, minimize disruption, and accelerate successful integration of innovative digital solutions. Monitor changing member expectations and competitive trends in digital banking. Budget & Resource Management Develop comprehensive budgets, resource plans, and cost analyses to support innovation and technology initiatives, ensuring strategic alignment, financial accuracy, and optimal allocation of people, tools, and capital. In partnership with risk and legal, manage vendor contracts, SLAs, and performance metrics. Build and mentor an innovation or research team as the program grows. Leadership Responsibilities: Supports employee hiring, training, staff development, timecard approval, scheduling, and direct assistance with coverage when needed. Conducts reporting and research of key performance metrics, including adherence to the budget. Fosters a collaborative and inclusive team environment where every member feels valued, supported, and engaged. Drives organizational change and guides the team through transitions with resilience and adaptability. Promotes a culture of innovation, creativity, and continuous improvement. Drives operational efficiency and high performance of their team through effective planning and project management and by providing regular performance feedback and coaching. Analyzes data and trends to make informed, data-driven decisions. Demonstrates a continued commitment to BankFund’s Service IMPACT philosophy All BankFund employees are required to remain cognizant of and adhere to all policies, procedures, and regulations pertaining to the Bank Secrecy Act. Requirements Minimum Qualifications Education: Master's Degree Minimum Years of Relevant Experience: 8 years Skills and Knowledge (Required): Minimum 8 years of financial institution experience leading IT, digital banking, innovation departments. Minimum 5 years of leading others. Experience with financial core systems such as Fiserv, Symitar or Correlation. Certifications in Business Analytics (CBAP or PMI-PBA), Agile (CSM or above) Experience working in credit union lending and operations systems such as digital banking, loan originations, payments, collections, etc. Strong understanding of digital banking trends, member behavior, and emerging digital and associated technologies. Demonstrates a growth mindset in looking for more efficient solutions to business functions and systems. Strong data-driven mindset and approach with proven experience synthesizing data. Strategic mindset with practical hands-on approach to delivery. Proactively fosters strong interdepartmental relationships to promote strategic alignment. Additional Skills and Knowledge (Preferred): Strong understanding of credit union operations, payments, digital banking, cybersecurity, and regulatory requirements. Hands-on experience with analytic and presentation software, including but not limited to Tableau, PowerBI, Python ,SQL, preferred Ability to evaluate emerging technologies and create actionable strategies. Excellent communication and executive presentation skills. Vendor management and negotiation expertise. Strategic thinker with an innovation mindset. Physical Requirements: This position involves physical requirements typical of office or desk-based work, such as prolonged periods of sitting, computer use, and engagement in routine office activities. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job. No additional physical requirements For internal purposes, this position is graded as Exec-17. The anticipated annualized base salary range for this position is $189,000 to $252,000. Final base salary for this role will be based on the individual’s job-related experience, skillset, training, certifications and market demands. The benefits available for this full-time position include but are not limited to: medical, dental, and vision insurance, 401(k) plan, life insurance coverage, disability benefits, tuition assistance program and paid time off, including paid parental leave benefits. In addition to base compensation salary, this role position is eligible for an annual incentive plan.

Responsibilities

The VP of Emerging Technologies is responsible for identifying and implementing innovative technologies to advance the credit union’s strategic goals. This role includes leading research and execution of technology initiatives to enhance member experience and operational efficiency.