RT-Connections, LLC

TITLE OF JOB: Senior Vice President, Finance

REPORTS TO: Executive Vice President & General Manager

POSITION STATUS: Exempt

JOB SUMMARY:

Responsible for overseeing and directing the Bank's finance/accounting, treasury administration and loans functions and activities, ensuring accurate financial reporting that conforms to the U.S. Generally Accepted Accounting Principles (GAAP), as well as effective financial analysis and controls that support efficient business operations, compliance with legal lending limit and loans policies and procedures, in addition to maintaining adequate levels of liquidity and compliance with the reserve requirements.

Additionally responsible for overseeing and directing the Bank's Processing Services finance/accounting, and general administration, ensuring accurate financial reporting that conforms to the U.S. Generally Accepted Accounting Principles (GAAP), as well as effective financial analysis and controls that support efficient business operations.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

1. Manage the Accounting Department, including developing and implementing policies and procedures of the finance and accounting functions, ensuring proper accounting methods, practices, and operations that conform to the U.S. GAAP in an efficient manner.
2. Manage the treasury & loan area, including developing and implementing policies and procedures of the treasury functions and loan functions, ensuring proper practices, and operations that conform to all applicable laws and regulations.
3. Participate in the preparation of the Company's business plan and associated accounting and financial strategies.
4. Responsible for accurate and timely financial and regulatory reporting, ensuring compliance to the U.S. GAAP, and applicable regulatory reporting requirements.
5. Coordinate the preparation of the Company's financial projections and budget, and monitor the financial performance variances.
6. Ensure accurate and timely financial reporting and analysis to support the Company's business decisions and strategies.
7. Provide guidance to the other functional managers on accounting requirements of current and future business products and services.
8. Oversee the proper execution and documentation of Loan Committee activities and functions.
9. Coordinate the Assets Liability Management Committee (ALM) and establish strategy to obtain ALM established objectives, balancing maximized earnings and sufficient liquidity within the established limits.
10. Develop and implement effective expenditure controls that optimize cost efficiencies.
11. Coordinate with tax advisors in formulating tax planning and strategy and compliance to the Federal and State tax requirements.
12. Ensure adequate financial and internal controls and procedures are in place while maintaining optimum efficiencies.
13. Serve as liaison officer to the bank regulators and internal and external auditors.
14. Oversee and direct various accounting/finance, treasury and administration personnel and functions.
15. Participate in the Retirement Plans Committee as well as the administration of both Pension and 401(k) Plan and reviews asset statements and actuary reports.
16. Responsible for maintaining an adequate risk/return balance within the assets of the portfolio.
17. Responsible for negotiation of major contracts (office lease, furniture acquisitions, etc.)
18. Business recovery plan coordination leader and backup administrator.
19. Coordinate with Head Office Finance unit for debentures issuance and administration.
20. Stay abreast of all applicable regulations and rules of all supervisory and regulatory government agencies pertaining to accounting, finance and related functions; implement any necessary changes immediately as required.
21. Perform functions related to the corporate governance of BPS such as participating in Directors / Board Meetings and carrying out Director appointed functions.
22. Oversee Third Party Risk Management and represent the Bank in the TPRM committee.
23. Perform all additional tasks as assigned by company management.

POSITION REQUIREMENTS:

1. Advanced financial, accounting and reporting principles, practices and processes.
2. Advanced knowledge of banking laws and regulatory reporting requirements, included but not limited to Bank Secrecy Act, Reg D, Reg CC, Reg YY, Texas asset pledge Requirement, FFIEC guidelines on Third Party Risk, Call Report, BC, BQ, BL reports, etc.
3. Financial markets, particularly the federal funds market.
4. Intermediate knowledge of macro and micro economic principles.
5. Advanced knowledge of tax planning and reporting, especially NEC and EC concepts.
6. Strong leadership and management skills, as well as superior analytical, administrative, communication, and interpersonal skills.
7. PC and software applications skills. AS400 and Equation accounting information systems required.
8. Establishing and managing financial and accounting processes while ensuring compliance to the regulatory and industry accepted practices.
9. Effective administration, planning, and coordination of financial accounting and activities.
10. Efficient and effective application of proper treasury procedures in an international environment while ensuring compliance to the regulatory and industry practices.
11. Establish staffing and budget levels, schedules, and apply project management skills to meet corporate financial, accounting, and business planning requirements.
12. Coordinate the financial, accounting, and business operation needs of all departments.
13. Monitor the financial performance of the Company.
14. Requires some travel.

SUPERVISORY RESPONSIBILITIES:

Ability to work as a positive member Team Leader and to effectively communicate with others at all levels. Exercise the usual authority of a manager/supervisor concerning staffing, performance appraisals, promotions, salary recommendations, staff development and terminations.

EDUCATION & EXPERIENCE

1. Bachelor's Degree in Accounting or Finance
2. 10 years of Banking Experience
3. CPA Certification or equivalent relevant experience.
4. Fluent in both English and Spanish

PREFERRED:

Master's Degree is preferred.

PERSONAL RESPONSIBILITIES

Abides by the Bank's Code of Conduct, operational and general policies and procedures, complying with all applicable laws, rules and regulations, including but not limited to the Bank Secrecy Act, Anti-Money Laundering, Know Your Customer, Suspicious Activities and Office of Foreign Assets. Exercise the usual authority of a manager/supervisor concerning staffing, performance appraisals, promotions, salary recommendations, staff development and terminations. Ability to work as a positive Team Leader and Member and to effectively communicate with others at all levels. Accountable for establishing and implementing a wide variety of strategic business operations plans through building an effective functional management team. Takes personal initiative as appropriate to resolve issues and to assist others. Takes personal initiative to learn new job-related skills.

Seniority level: Executive

Employment type: Full-time

Job function: Finance

Industries: Banking

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About Us

RT-Connections, LLC

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Company Information

RT-Connections, LLC
Houston