Ascendo Resources
Chief Operating Officer (Fairfield County)
Ascendo Resources, Southport, Connecticut, us, 06890
Greenwich, CT based role!
A newly formed de novo bank focused on private credit and private equity investment activities for accredited investors is seeking a Chief Operating Officer.
About the Role This senior executive role is responsible for building and overseeing the banks operational infrastructure from inception and ensuring scalable, efficient, and well-controlled execution across the institution. The Chief Operating Officer will partner closely with executive leadership and the Board and play a foundational role in establishing operational processes, governance, and controls appropriate for a regulated banking environment.
Responsibilities Lead the design, implementation, and oversight of the banks end-to-end operating model. Oversee day-to-day operations across core banking functions, investment operations, treasury operations, client onboarding, and back-office processes. Establish operational policies, procedures, and internal controls aligned with Federal Reserve supervisory expectations. Partner with legal and compliance leadership to ensure operational processes support regulatory and governance requirements. Lead vendor selection, contract oversight, and third-party service provider management, including core systems, custodians, administrators, and technology partners. Oversee operational readiness for regulatory examinations, audits, and ongoing supervisory interactions. Drive process design, documentation, and automation to support scale, efficiency, and operational resilience. Develop operational reporting and management information for executive leadership and the Board.
Leadership & Strategy Serve as a strategic partner to the CEO and executive team in shaping the banks operating strategy. Build and lead high-performing operations teams, including hiring, organizational design, and performance management. Translate strategic objectives into executable operational plans. Support growth initiatives by ensuring operational capabilities evolve in line with the banks investment activities. Present operational updates and key initiatives to the Board and relevant committees.
Qualifications Bachelors degree required; advanced degree preferred. 12+ years of progressive operations leadership experience within banking, alternative investments, or regulated financial institutions. Experience building or scaling operations in a de novo bank, early-stage institution, or high-growth regulated environment strongly preferred. Strong understanding of bank operations within a Federal Reserveregulated framework. Familiarity with private credit, private equity, or alternative investment operating models. Proven experience managing complex vendor and third-party relationships. Demonstrated ability to design and implement scalable operational processes and controls. Executive-level communication skills with Boards, regulators, and senior leadership. Hands-on, solutions-oriented leadership style suited to a founding executive role.
A newly formed de novo bank focused on private credit and private equity investment activities for accredited investors is seeking a Chief Operating Officer.
About the Role This senior executive role is responsible for building and overseeing the banks operational infrastructure from inception and ensuring scalable, efficient, and well-controlled execution across the institution. The Chief Operating Officer will partner closely with executive leadership and the Board and play a foundational role in establishing operational processes, governance, and controls appropriate for a regulated banking environment.
Responsibilities Lead the design, implementation, and oversight of the banks end-to-end operating model. Oversee day-to-day operations across core banking functions, investment operations, treasury operations, client onboarding, and back-office processes. Establish operational policies, procedures, and internal controls aligned with Federal Reserve supervisory expectations. Partner with legal and compliance leadership to ensure operational processes support regulatory and governance requirements. Lead vendor selection, contract oversight, and third-party service provider management, including core systems, custodians, administrators, and technology partners. Oversee operational readiness for regulatory examinations, audits, and ongoing supervisory interactions. Drive process design, documentation, and automation to support scale, efficiency, and operational resilience. Develop operational reporting and management information for executive leadership and the Board.
Leadership & Strategy Serve as a strategic partner to the CEO and executive team in shaping the banks operating strategy. Build and lead high-performing operations teams, including hiring, organizational design, and performance management. Translate strategic objectives into executable operational plans. Support growth initiatives by ensuring operational capabilities evolve in line with the banks investment activities. Present operational updates and key initiatives to the Board and relevant committees.
Qualifications Bachelors degree required; advanced degree preferred. 12+ years of progressive operations leadership experience within banking, alternative investments, or regulated financial institutions. Experience building or scaling operations in a de novo bank, early-stage institution, or high-growth regulated environment strongly preferred. Strong understanding of bank operations within a Federal Reserveregulated framework. Familiarity with private credit, private equity, or alternative investment operating models. Proven experience managing complex vendor and third-party relationships. Demonstrated ability to design and implement scalable operational processes and controls. Executive-level communication skills with Boards, regulators, and senior leadership. Hands-on, solutions-oriented leadership style suited to a founding executive role.