Chief Financial Officer De Novo Bank

A well-respected Financial Technology Organization is in the process of forming a new ILC bank and is actively seeking a Chief Financial Officer “CFO” for the bank to sit in either UT or NV.

What You’ll Do

• Chair the ALCO;
• Manage the Bank’s finances to support the achievement of its business objectives and adhere to the board’s risk appetite and applicable legal and regulatory requirements;
• Understand, monitor, and report on the Bank’s financial risks, including through analysis and consideration of changes in the Bank’s operating environment and potential sources of idiosyncratic and macroeconomic stress;
• Establish risk limits, within the board’s risk appetite, to address liquidity risk, interest rate, and other types of market risk;
• Manage and direct all accounting, regulatory reporting, investment, asset‑liability management, budgeting, and forecasting activities;
• Maintain and ensure the integrity of the Bank’s books and records;
• Monitor financial performance metrics, including income and expense, budget variance analysis, asset mix and quality, funding requirements, liquidity, capital levels, and other key ratios;
• Interpret financial results and formulate financial strategies to achieve operating objectives;
• Prepare monthly financial packages for the board;
• Work with the operating divisions in setting product rates and terms;
• Review and approve major capital expenditure requests; and
• Respond to finance‑related questions from regulatory authorities, auditors, and other stakeholders; and
• Manage employees essential to the Bank’s financial operations.

What We Look For

• Bachelor’s degree in Accounting, Finance, Economics, or a related field; advanced degree (MBA, Master’s in Finance, or similar) or professional certification (CPA, CFA) strongly preferred.
  15-20 years of progressive experience in finance or accounting, with at least 7 years in a senior leadership role within a regulated financial institution (bank, ILC, or similar).
• Deep knowledge of banking regulations, regulatory reporting requirements, and risk management practices applicable to financial institutions.
• Proven experience overseeing accounting, financial reporting, investment management, budgeting, forecasting, and asset‑liability management functions.
• Strong background in liquidity and capital management, financial performance monitoring, and balance sheet optimization.
• Demonstrated ability to interpret complex financial results and translate them into actionable strategies aligned with organizational objectives.
• Experience engaging with boards of directors, regulators, auditors, and executive leadership teams with credibility and clarity.
• Ability to collaborate effectively with parent company or partner entities in shared services and cross‑functional environments.
• This position requires an Interagency Biological and Financial Background Check

Why this role is unique:

• Impact at scale: Holding Company has served 7M+ customers, originating $40B+ in credit, with over $10B added annually.
• Consumer‑first mission: You’ll help design products that are fundamentally good for consumers and expand access to affordable credit.
• Growth trajectory: The Holding Company is well‑capitalized, growing fast, and preparing for an IPO within a couple of years—offering significant wealth‑building potential through equity.
• Proven leadership team: Organization executives have a track record of building and taking companies public.
• Rare opening: This ILC leadership position is a unique chance to step into a newly created executive seat.

How to apply:

• Please forward your resume to using reference ID DeNovoCFO