General Purpose
The Head of Finance is responsible for overseeing and managing all financial activities within Alpine Bank, ensuring financial health, stability, and alignment with strategic goals. This includes strategic financial planning, reporting, analysis, and risk management.
Essential Duties/Responsibilities
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Prepares management and regulatory reports which are shared with various constituencies such as senior management, the board of directors, auditors and regulators, inclusive of the monthly Board Report.
- Manages the asset/liability process inclusive of ALM modeling and analysis, liquidity modeling and analysis, contingency funding plans and administering of the Asset Liability Committee.
- Manages the investment portfolio, inclusive of processing purchases and sales, monthly reporting, payment processing, credit review, broker analysis, and administering of the Investment Committee.
- Manages the bank's cash flow on a daily and long-term basis including working with correspondent banks.
- Interprets asset ratios, break-even analysis reports, profit margins, operating costs, generates complex financial analyses, modeling, forecasting and other metrics used in measuring fiscal stability.
- Assists the Chief Financial Officer (CFO) with holding company duties, capital management and other matters as needed by the CFO.
- Manages the bank's pricing process for both loans and deposits.
- Manages the Public Deposit Protection Act (PDPA)program.
- Manages the Insured Cash Sweep (ICS) program.
- Works with vendors to create the Enterprise Risk Management program (ERM).
- Creates, builds, processes and maintains the Current Expected Credit Loss (CECL) program.
- Regular and reliable on-site attendance is required as an essential function of this position.
Other Duties/Responsibilities:
- Provides financial insights and recommendations to senior management.
- Ensures compliance with all relevant financial regulations and reporting requirements.
- Acts as the main liaison with primary regulators for safety and soundness examinations of the bank and holding company.
- Works closely with the Head of Accounting and Head of Business Intelligence to coordinate strong financial management of the bank.
- Advises and analyses capital investment opportunities.
- Assists the Head of Accounting with the annual budget process.
- Assists Head of Accounting with various internal and external audits.
- Assists other branches and departments of the bank with financial questions.
- Performs other duties as assigned.
Supervisory Duties:
- Supervises and develops a team of finance professionals including Finance Officers and Finance Assistants.
Employees are held accountable for all duties of this job.
Job Qualifications
Knowledge, Skills, and Ability:
- Ability to translate the bank's vision, mission, and values to empower and motivate.
- Understands business implications of decisions; demonstrating knowledge of the market, competition, profitability and aligns department's work with strategic goals.
- Excellent understanding of business implications of decisions.
- Effortlessly works in a fast-paced environment with proven professional growth.
- Gives and receives mentoring in a mature and open manner.
- Excellent oral and written communication skills.
- Ability to share expertise with others.
- Excellent interpersonal skills.
- Ability to effectively interact with colleagues, management, and leadership.
- This position may require relocation.
- Demonstrates and teaches adaptability and change management skills.
- Strong analytical and problem-solving skills.
- Advanced proficiency in organizing and analyzing financial information and to accurately perform complex financial calculations.
- Ability to analyze financial data, identify trends, and develop solutions to financial challenges.
- Deep understanding of the banking industry, regulations, and financial instruments.
- Experience in identifying, assessing, and mitigating financial risks.
Education or Formal Training:
- Bachelor's Degree in Accounting, Finance, Business or similar is required.
- Master's Degree preferred.
- CPA or CFA preferred.
- Possession of, or ability to obtain, a valid State of Colorado Drivers' License, required.
Experience:
- 8 or more years of experience within a finance area of a financial institution.
- An equivalent combination of education and experience may be substituted on a year-to-year basis.
Working Conditions
Working Environment:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, and photocopiers. Travel to conferences, meetings, and branch locations on a regular basis is necessary. The ability to work remotely from home may be an option with a minimum of 3 days a week in the office required.
Physical Activities:
These are representative of those which must be met to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to talk or hear. This is largely a sedentary role. Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus. Employee may have to lift up to 25 pounds.
Note: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the job.
Starting Rate of Pay is from $110,000.00 to $160,000.00 per year, depending on experience. Actual pay and Officer level will be commensurate with experience.
For an overview of our employee benefits please visit: Alpine Bank Careers Page
Position anticipated to close July 1, 2025 , or until filled.