Chief Banking Officer

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. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!

Remarkable 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 up to $10K
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
• 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 CoBank Chief Banking Officer will report directly to the President and be accountable for all the Banking business segments that include Agribusiness (Corporate and Regional Agribusiness sectors), Rural Infrastructure (Digital Infrastructure, Power and Energy Utilities, Project Finance, Electric Distribution and Water) and the Product groups (Capital Markets, Leasing, Agriculture Export and Supply Chain Finance, Cash Management and Derivatives). The Chief Banking Officer (CBO) is responsible for developing and executing the bank's business strategy in alignment with the Board of Directors' approved business and financial plan, with a focus on continuing growth while enhancing customer value and franchise profitability. The CBO contributes to the overall management of the bank through participation at the executive level in the development of short- and long-range strategic objectives, plans, and structure for the bank, and provides meaningful influence over all aspects of corporate strategy, supporting analytics and financial considerations. Represents Bank and Board interests as a member of senior committees of the bank, including the Management Executive Committee, Country Risk Committee, Credit Loan Committee, and Asset & Liability Committee. Maintains effective relationships with regulatory, governmental, industry, financial, and community groups to enhance financial performance and business effectiveness.

Essential Functions

• Provides leadership and manages all activities within the Agribusiness and Rural Infrastructure segments to ensure growth, profitability, sound lending and leasing, and superior customer service. Directly manages all executives and their teams embedded within these business units.
• Provides leadership to the Product groups to further develop and enhance the bank’ suite of products and capabilities to more effectively and comprehensively serve existing and future customers of the bank.
• Selects, develops, and motivates an effective and collaborative management team and delegates authorities to develop appropriate business strategies, set standards of performance, evaluate performance of associates, and take actions necessary to accomplish objectives. Takes necessary people actions in consultation with Human Resource partners as necessary.
• Develops and implements marketing and business development strategies which emphasize customer retention, new business, effective pricing, and the cross-selling of the bank's suite of financial products and services.
• Complies with the bank's Board approved portfolio strategy.
• Develops business plans consistent with the bank's strategic business objectives and financial plans. Communicates these plans to associates, solicits input on development, and monitors progress towards achievement of same. Takes corrective action as necessary.
• Develops and maintains constructive relationships with the Farm Credit Administration, the Farm Credit Funding Corporation, trade associations, cooperative councils, universities, the financial community, and other institutions to enhance performance and relationships.
• Represents the bank in meetings with customers, Farm Credit System entities, government, and industry leaders to provide enhanced value and develop meaningful partnerships and alliances.
• Oversees the preparation of the financial and business plans for areas of responsibility. Monitors the achievement of budgetary goals for responsibility areas and is ultimately accountable for their overall performance.

Education

• Bachelor's Degree in finance, business, or other relevant discipline required

Work Experience

• 15 years or more of progressive, relevant experience in commercial banking, including experience as a senior leader within an institution of comparable scale and complexity or an appropriate combination of education and experience
• Advanced degree preferred
• Proven record of growing top line revenue while also driving profitability and value in a commercial banking business, without sacrificing the highest level of customer service.
• Balance of commercial and strategic strengths; proven ability to lead revenue-generating activities of a company, line of business, or region, and simultaneously have meaningful influence and oversight for product development and strategic planning activities.
• In-depth knowledge of financial management and strategy fundamentals within a banking environment, with proven ability to apply these fundamentals in a strategic planning capacity.
• Excellent general management, analysis, negotiation, business development and decision-making skills.
• Strong credit risk acumen and current knowledge of risk management best practices.
• Excellent leadership, people management and organizational development skills, with a demonstrated ability to motivate in a team-oriented and collaborative work environment, and promote, foster, and build a diverse and inclusive workforce.
• Ability to build and maintain successful relationships with all levels of executives, internal team members, and external stakeholders and partners in the Farm Credit System.
• Excellent written and verbal communications and presentation skills.
• Familiarity with structured lending in agriculture and/or infrastructure industry sectors and other related segments preferred.
• Ability and willingness to travel required.

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 $420,000 - $550,000. 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.

Salary : $420,000 - $550,000