Head of Captive Insurance Banking
Columbus, Michigan, United States of America
Full Time
2 weeks ago
Visa Sponsor
Key skills
LeadershipRisk ManagementBudgetingCommunicationCollaboration
About this role
Role Overview
- Responsible for the oversight and growth of the business, emphasizing the sale of letters of credit, trust and investment management products in the captive insurance space.
- Provide strong leadership to the banking teams, setting clear objectives and fostering a high-performance culture.
- Build and maintain strong relationships with corporate, specialty, and government clients.
- Identify opportunities for business development and cross-selling of banking products and services.
- Ensure a high level of customer satisfaction and retention.
- Manage the division's financial performance, including budgeting, forecasting, and profitability analysis.
- Monitor key financial metrics and implement strategies to drive revenue growth and cost efficiency.
- Implement robust risk management practices to ensure compliance with regulatory requirements and mitigate potential risks.
- Develop and maintain effective internal controls and processes to safeguard the bank's assets.
- Recruit, train, and mentor a high-performing team of banking professionals.
- Provide ongoing coaching and development opportunities to enhance their skills and capabilities.
- Stay abreast of industry trends, market conditions, and competitive landscape.
- Use market intelligence to identify new business opportunities and develop innovative banking solutions for clients.
- Foster collaboration and effective communication with other departments within the organization, such as credit, operations, and compliance, to ensure seamless delivery of banking services.
- Performs other duties as assigned.
Requirements
- Bachelor’s degree in business or finance related field
- 15 or more years of industry specific experience
- 10 or more years leading teams
- 10 or more years of risk management experience
- 10 or more years Captive Insurance Banking experience including sale of letters of credit, trust and investment management products in the captive insurance space.
- 10 or more years of financial performance, including budgeting, forecasting, and profitability analysis.
Benefits
- Flexible work arrangement
- Professional development opportunities