Strategic Initiatives, Svp

2 weeks ago

Middletown, United States Liberty Bank Full time

At Liberty, we are proud to integrate our Diversity, Equity and Inclusion (DE&I) throughout all functions and areas of the Bank in order to maximize our impact and exceed goals. We believe that deepening our DE&I strategies in the workplace and communities we serve, creates a much better place to work for our teammates and a safe place where our customers are connected and supported. We take pride in promoting through initiatives and investment a socially responsible and sustainable future.

**SUMMARY OF THE JOB**:
The Head of Strategic Planning and Development plays a crucial role in shaping the future direction and success of Liberty Bank. This position is responsible for developing and executing strategic initiatives that drive growth, improve operational efficiency, and enhance the bank's competitive position in the market. Working closely with the senior management team, the Head of Strategic Planning and Development leads the strategic planning process and ensures alignment with the bank's overall objectives.

**ESSENTIAL FUNCTIONS**:

- Strategic Planning: Develop and implement a comprehensive strategic planning process that aligns with the bank's vision, mission, and long-term goals. Identify and evaluate new market opportunities, assess industry trends, and develop strategies to capitalize on emerging market dynamics.
- Business Development: Identify and pursue strategic partnerships, alliances, and acquisition opportunities that support the bank's growth objectives. Evaluate potential investment opportunities, conduct due diligence, and negotiate agreements to drive business expansion.
- Performance Monitoring: Establish key performance indicators (KPIs) and metrics to track the progress and effectiveness of strategic initiatives. Regularly monitor and analyze performance data to identify areas for improvement and make data-driven recommendations to senior management.
- Competitive Analysis: Conduct comprehensive market and competitor analysis to assess the bank's competitive position. Identify market trends, customer needs, and competitive threats to inform strategic decision-making and ensure the bank remains at the forefront of industry developments.
- Cross-Functional Collaboration: Collaborate with various departments and business units within the bank to ensure alignment and effective execution of strategic initiatives. Foster a culture of collaboration and innovation to drive cross-functional teamwork and achieve strategic objectives.
- Risk Management: Assess and manage strategic risks associated with new initiatives, market dynamics, and regulatory changes. Develop risk mitigation strategies and ensure compliance with relevant legal and regulatory requirements.
- Stakeholder Management: Engage and communicate effectively with key stakeholders, including the board of directors, senior management, employees, and external partners. Present strategic plans, progress updates, and performance reports to stakeholders to ensure alignment and support.
- Performs other duties as assigned.

**MINIMUM REQUIREMENTS**:

- Bachelor's degree in business administration, finance, or a related field (Master's degree preferred)
- Proven experience in strategic planning, business development, and/or corporate strategy roles within the banking or financial services industry
- Strong analytical and problem-solving skills, with the ability to evaluate complex business issues and develop innovative solutions
- Excellent leadership and team management abilities, with a track record of successfully leading cross-functional teams and driving strategic initiatives
- Strong understanding of banking operations, market dynamics, and regulatory environment
- Exceptional communication, presentation, and interpersonal skills, with the ability to influence and engage stakeholders at all levels
- Proactive and results-oriented mindset, with the ability to prioritize and manage multiple projects simultaneously
- Strong business acumen and financial literacy, with the ability to analyze financial data and make informed strategic decisions

**PHYSICAL REQUIREMENTS**:

- General Office Equipment
- Keyboard Dexterity
- Prolonged Sitting

COMPLIANCE
Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin or veteran status.

Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

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