Chief Financial Officer

Job Description

Job Description

The opportunity

Arival Bank is seeking a Chief Financial Officer to lead the Bank’s finance function and support the financial management of the wider Arival Group. This is a senior leadership role for a finance executive who can combine strong accounting and financial-control discipline with commercial judgment, regulatory awareness, and the ability to help a growing digital bank scale responsibly.

The CFO reports to the Board of Directors and works in close partnership with the Chief Executive Officer and senior leadership team. The role has direct access to the Board and relevant Board committees and serves as the principal executive voice on the Bank’s financial position, performance, capital, liquidity, and financial-control environment. The successful candidate will have meaningful influence on strategy, governance, and the Bank’s next stage of development.

What you will lead

• Own the Bank’s finance and accounting function, including financial reporting, close, reconciliations, accounting policies, and the integrity of financial records.
• Lead annual budgeting, forecasting, long-range planning, management reporting, and performance analysis across the Bank and relevant Group entities.
• Provide the Board, relevant Board committees, CEO, and senior leadership with clear analysis of financial performance, cash requirements, risks, trends, and strategic alternatives.
• Oversee the timely preparation of financial statements and applicable regulatory financial reports in accordance with US GAAP and relevant regulatory requirements.
• Monitor capital, liquidity, leverage, solvency, and funding needs, and maintain forward-looking forecasts under expected and stressed scenarios.
• Coordinate external audits and support regulatory examinations, information requests, remediation activities, and financial aspects of licence and governance requirements.
• Maintain an effective financial-control environment, including appropriate approval authorities, segregation of duties, reconciliations, documentation, and escalation procedures.
• Oversee treasury, cash management, intercompany balances, tax coordination, accounts payable, and relationships with finance-related service providers.
• Evaluate the financial implications of new products, partnerships, investments, and other strategic initiatives.
• Develop and mentor the finance team, establish clear accountability, and build scalable processes and systems as the business grows.
• Partner with Compliance, Risk, Operations, Technology, Product, and other functions while preserving clear ownership and independent control responsibilities.

What we consider essential

• At least 10 years of progressive finance and accounting experience, including meaningful responsibility for a complete finance function or a substantial part of one.
• Demonstrated ownership of financial reporting, closing, budgeting, forecasting, internal controls, and audit coordination.
• Experience in banking, regulated financial services, fintech, payments, public accounting serving financial institutions, or another highly regulated environment.
• Strong knowledge of US GAAP and the ability to translate complex financial matters into clear business decisions.
• Experience communicating with senior executives, Boards or Board committees, external auditors, regulators, and professional advisers.
• Strong leadership, judgment, organization, and the ability to operate effectively in a growing and evolving business.
• Professional fluency in English. Spanish is strongly preferred for the Puerto Rico-based role.
• Ability to work regularly from San Juan and maintain an effective local presence with the Bank, regulators, auditors, and business stakeholders.

Qualifications that would strengthen your candidacy

• Active CPA licence, preferably in Puerto Rico.
• Direct experience with OCIF or another US banking regulator, including examinations or regulatory financial reporting.
• Hands-on experience with regulatory capital, liquidity planning, treasury, funding, and stress testing.
• Experience with multi-entity or cross-border financial reporting and consolidation.
• Previous leadership experience in a digital bank, international financial entity, payments company, fintech, or high-growth financial-services business.
• A master’s degree in accounting, finance, business administration, economics, or a related field.