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CHIEF Operating Officer

Eagle Rock Bank

Company Description Eagle Rock Bank is a locally owned and managed community bank with strong values and a commitment to employees who join our bank family. Eagle Rock has proudly served the community since 1996, with 5 locations. Role Description The Chief Deposit Officer (CDO) sets and leads the bank's overall deposit growth, business services, and Third-Party Administrator (TPA) account strategy. Above all else, this role owns a single defining objective: the sustained growth of the bank's overall core deposit base. This role directly supervises the Market Leads, the TPA Department, and the bank's Marketing function, and serves as a key member of the bank's Leadership Team. The CDO personally maintains a select portfolio of key strategic relationships in addition to leading the broader deposit organization and maintains a primary office within the Minneapolis-St. Paul metropolitan area. Own the bank's overall core deposit growth as the defining measure of success for this role, ensuring every aspect of the deposit and business services strategy ladders up to sustained core deposit growth. Develop and lead the bank's overall deposit growth strategy, including core deposits, business services, and TPA-related account relationships, in partnership with the Bank President and leadership team. Identify and pursue opportunities to expand the bank’s market share through new product development, relationship-driven growth strategies, and expansion into new markets. Serve as a member of the bank's Leadership Team, contributing to bank-wide strategic direction, planning, and decision-making alongside other senior leaders. Qualifications Demonstrated expertise in deposit portfolio management, product development, and pricing strategy within a financial institution. Strong knowledge of banking regulations, compliance requirements, and risk management related to deposits and liquidity. Experience leading cross-functional teams, with proven skills in people management, coaching, and performance development. Advanced analytical and financial modeling abilities, including proficiency in interpreting data, dashboards, and regulatory reports. Excellent communication, relationship-building, and negotiation skills to work effectively with customers, colleagues, and regulators. Track record of driving deposit growth through customer-focused initiatives, community engagement, and partnership with marketing. Bachelor's degree in business, finance, or a related field; MBA or equivalent advanced degree preferred. 10+ years of progressive experience in deposit generation, treasury/business services, or retail and commercial banking leadership, including significant experience managing multiple teams or functions Significant leadership experience in banking or financial services, preferably in community or regional banks. #J-18808-Ljbffr

Vacancy posted 22 hours ago
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