Chief Operating Officer

Company: Welch State Bank
Location: Miami
Posted on: May 28, 2023

Job Description:

An ADP Client, Welch State Bank is actively
seeking a Chief Operating Officer to join their team in Miami, Oklahoma.About
Welch State Bank:Welch State Bank is located in Northeastern Oklahoma. They have 6 Oklahoma locations with
approximately 100 employees. They believe their past and
future success is a result of delivering exceptional customer service while
meeting the needs of their customers with flexible solutions and current
technology.About the COO Role:Welch State Bank
is looking for a Chief Operating Officer to join their team. This role will
report to the President and will be responsible for overseeing ongoing business
operations in the Information Technology, Facilities, and Operations.The COO
supervises 4 direct reports & 4 indirect reports. This position oversees:
Information
Technology Department (Currently staffed with strong & capable team)
Bank
Operations, including Asset Liability Committee & Accounting
Overdraft
Program
Responsibilities
include but are not limited to:*
Collaborate
as a member on the leadership team on bank-wide strategic planning initiatives
and corporate direction. *
Ensures
strategic objectives are translated into tactical business plans with
mechanisms for key measurements in place to monitor progress.*
Develop,
maintain, and update effective strategies, policies, and procedures for
supervised areas.*
Ensure
plans, policies and procedures are in accordance with laws, regulations,
industry trends and, and further Bank initiatives.*
Identify
questionable actions, operational inefficiencies, and collaborates with
employees to resolve issues and challenges.*
Prepare
reports and analyses setting forth progress, adverse trends, and appropriate
recommendations or conclusions.*
Maintain
an in-depth, up-to-date knowledge on all bank products and services. Analyzes
competitors' products and services and suggests changes or enhancements as
appropriate.*
Provide
leadership and direction to supervised areas staff. Ensures that staff is
well-trained, effective, and optimally used.
*
Monitors
individual performance and effectiveness.
*
Implements
correction actions as needed.Ideal Candidate:*
College level classes in accounting and/or
Finance or Business Administration required.*
10-15 years prior experience in banking
operations, including duties and responsibilities as a COO and effectively
managing direct & in-direct reports.*
In-depth familiarity/knowledge of different
business functions such as Regulatory Compliance, Deposit Operations,
Electronic Funds Transfers, Electronic Payment Services, Loan Processing,
Banking Services and Information Technology/Business Infrastructure/End of Day
Processing.*
Currently live within 45 minute drive of Miami/Welch, OK; or
has ties to the area and looking to relocate long-term to area. *
The position is an In-person position
at 2227 E Steve Owens Blvd, Miami, OK
74354. Additional Important Information &
Offerings:*
401k/Medical/Dental/Vision insurance, FSA,
Life Insurance and Long-term disability insurance*
Performance based bonuses; this position is
eligible for 10-30% bonus at the end of the year*
PTO - all federal holidays, 2-4 weeks of
vacation, 24 hours of personal time off*
A friendly yet motivated culture passionate to
provide the needs of their communities*
Local ownership and management with a passion
for winningPDN-99274024-e2f4-4e9d-b68d-c1bdf3d8d4d3

Keywords: Welch State Bank, Springdale , Chief Operating Officer, Executive , Miami, Arkansas