Chief Executive Officer

RiskOne HR Consulting is conducting an executive search on behalf of one of our distinguished clients in the banking sector for a Chief Executive Officer. The organization plays an important role in supporting agricultural and rural communities by providing financing solutions.

This exceptional leadership opportunity calls for a strategic and forward-thinking executive to lead the Bank into its next phase of growth. The successful candidate will set the strategic direction of the organization, drive business performance and profitability, and lead the execution of initiatives that strengthen the Bank’s market position while fostering meaningful growth within the agricultural sector.

Responsibilities

Credit

• Provides executive oversight of the Bank’s credit administration and credit quality, ensuring adherence to established policies, sound lending practices, and applicable regulatory requirements.
• Oversees the loan portfolio to ensure compliance with established underwriting standards, prudent credit practices, and the Bank’s financial and capital requirements, including applicable regulatory minimums and any actions or agreements established by the Farm Credit Administration (FCA).
• Directs and oversees loan servicing activities to ensure borrowers’ credit needs are addressed in a sound, constructive, responsive, and timely manner while maintaining appropriate credit quality and risk management standards.

Operations and Organizational Management

• Provides executive oversight of the Bank’s physical assets, ensuring they are appropriately safeguarded, maintained, and accurately recorded in the Bank’s financial records and applicable public records, in accordance with Puerto Rico laws and municipal requirements.
• Provides strategic direction and oversight of the Bank’s business activities to promote operational efficiency, organizational effectiveness, and the consistent delivery of professional, high-quality service.
• Develops and oversees the Bank’s organizational structure, ensuring the appropriate delegation of authority, accountability, and responsibilities to members of the management team, subject to Board approval when required.
• Ensures the Bank operates within the requirements of applicable laws and regulations while maintaining business practices consistent with established ethical and community standards.

Board Activities

• Provides for the keeping of all records; has proper custody of all funds, securities and assets, and makes financial and operating reports periodically to the Board of Directors and to stockholders
• Provides timely and accurate Call Reports to FCA
• Ensures board and committee minutes are prepared accurately and provided on a timely basis to all directors, the Bank and FCA

Finance Operations

• Manages the budget and maintains controls to ensure performance within the budget while ensuring accounting records are kept observing Generally Accepted Accounting Principle.
• Provides for the keeping of all records; has proper custody of all funds, securities and assets; and makes financial and operating reports periodically to the Board of Directors and to stockholders.
• Directs fiscal and accounting activities, including operating and capital budgeting

Human Resources Management

• Attracts, develops, and inspires a highly qualified and professional team, fostering a culture of excellence and service that enables the Bank to effectively support the financial needs of Puerto Rico’s agricultural and rural communities.
• Establishes performance standards for employees and compensates employees on the basis of performance.
• Directs personnel activities, including human resource planning, staffing, personnel development training, counseling, and performance reviews.

Business Development

• Organizes member relations meetings, staff meetings, director meetings, and annual stockholders’ meetings and participates in each accordingly

• Representing the Bank in the community through marketing events, speaking engagements and working on various committees and promotes the bank by actively participating in local and island-based activities

• Minimum of seven to ten years of experience in the banking sector

• Minimum of seven years of middle to upper-level management positions

• Five years of experience managing a commercial credit portfolio

• Master’s degree preferred in Business Administration, or Finance

• Fully Bilingual (English | Spanish)

Skills

• Excellent oral and written communication skills
• Strong planning and organizational skills
• Demonstrated decisiveness with the ability to evaluate situation and make informed decisions
• Ability to motivate teams, guide decision making and drive results
• Strong problem analysis skill
• Develop long-term objective align resources and drive sustainable organizational growth

Equal Employment Opportunity Employer Minorities / Females/ Disable / Veterans

Benefits:

• 401K
• 401K matching
• Health Insurance
• Dental Insurance
• Performance Bonus