BankWest - South Dakota · 2 months ago
SVP Financial Services - Pierre or Mitchell BankWest Locations
Pierre, SD, United States
Full-time
Onsite
Senior Level, Lead/Staff
10+ years expBankWest is a financial services company located in South Dakota, seeking a Senior Vice President of Financial Services to lead and manage their Financial Services Division. The role involves overseeing non-bank ancillary business lines, driving growth, ensuring compliance, and collaborating with various departments to enhance service delivery and customer satisfaction.
AgricultureBankingCommunitiesFinancial ServicesLeisureVenture Capital
Responsibilities
Responsible for the day-to-day management, staffing, administration, and related support staff for the assigned area(s) of responsibility
Selects, trains, coaches, and develops subordinates in accordance with BankWest philosophies and policies; schedules and manages staffing ensuring work completion and delivery of related customer service requirements; ensures compliance with BankWest policies, procedures and standards
Provide direction regarding products and services offered by the ancillary business lines. Supervise and support managers or supervisors of each ancillary unit, fostering a culture of continuous improvement and accountability
Collaborate with internal departments, external vendors, and direct reports to enhance service delivery and customer satisfaction
Work with management to develop and monitor budgets, forecasts, and financial KPIs for each business line; ensure profitability and cost-effectiveness. Provide regular performance reports to executive leadership; use data to drive decisions and improvements
Responsible for the budgeting and planning for the Financial Services Division. Establish the overall direction of the Division by setting objectives and defining the means for their attainment
Work with executive management on end-to-end acquisition processes including target identification and due diligence including company's financials, operational capabilities, technology infrastructure, and cultural alignment. Develop and execute integration strategies to align newly acquired businesses with existing operations, culture, and systems. Collaborate with cross-functional teams (finance, HR, IT, operations) to ensure seamless post-merger integration
Provide expertise and ensure compliance with all legal, state and federal regulatory and reputational requirements for Financial Service lines of business
Serve as a member of the Corporate Management team and provide leadership toward the achievement of organizational strategic objectives
Serve as a member of the Financial Services, Marketing, and Customer Relationship Management Committees. Collaborate with other members to support the attainment of goals and objectives
Work as a team with departmental counterparts on planning and implementing assigned projects and products
Participate on various committees and project teams as deemed appropriate by management
Attend and actively participate in training offered
Adhere to all applicable Policies and Procedures of BankWest organization
Maintains relationships with professional organizations, peers at other financial institutions, and/or Bank regulatory bodies to provide input and feedback on related areas of expertise to the Management Team
Act in a leadership capacity, providing relevant expertise and counsel; actively supporting work and employee development activities of the Bank
Supports community through active involvement
Other duties as assigned
Qualification
Required
A Bachelor's Degree in a related field
10 years' progressive management experience in related field
Experience in insurance sales or agency management
Experience in real estate or abstract businesses
Strong business financial acumen
Experience in managing diverse business areas and cross-functional teams
Strong systems knowledge, including trouble shooting and problem solving
Proven experience in mergers and acquisitions, including successful integration of acquired businesses
Strong project management and organizational skills
Ability to work dependently and/or independently, under pressure, meet deadlines, and adjust work schedules as needed to complete job responsibilities
Ability to organize and handle multiple responsibilities while delivering quality external and/or internal Customer Service
Strong interpersonal skills to ensure effective communication with external and/or internal customers
Knowledge or ability to learn regulatory requirements pertinent to performance of specified duties in job description
Ability to skillfully use a variety of application software, learn computer programs, and comprehend the program output
Adhere to Federal Privacy Standards in addition to following BankWest requirements for electronic communication and Social Engineering standards
BankWest is a 'Sales Organization' and all employees are expected to participate directly or indirectly with increasing BankWest's presence in their markets as appropriate
Preferred
MBA, CPA, or equivalent graduate level degree in a related field preferred
Applicable experience and/or related certifications may be considered in lieu of degree
Company
BankWest - South Dakota
BankWest - South Dakota is a community bank with bsuiness, agricultural and personal banking services.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$34.54M2025-01-24Debt Financing· $4.54M
2019-11-06Debt Financing· $30M
Leadership Team
Steve Bumann
CFO
Marc Rasmussen
SVP/Chief Credit Officer
Recent News
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