Summary

The Chief Technology Officer (CTO) will be responsible for overseeing all aspects of technology development and implementation to enhance both our customer-facing and internal platforms. The CTO will work with Executive Management to grow the company through the use of technological resources and play a critical role in shaping the technology vision and roadmap, overseeing all aspects of technology strategy, development, operations, and security.

Job Functions

  • Develop and implement a long-term technology vision and roadmap aligned with the overall business strategy of the financial institution.
  • Lead the identification, evaluation, and implementation of emerging technologies that will drive innovation, improve efficiency, and enhance customer experience.
  • Oversee all aspects of technology development, operations, and security, applications, data management, and cybersecurity.
  • Build and lead a high-performing technology team, fostering a culture of innovation, collaboration, and continuous improvement.
  • Manage technology budgets and resources effectively.
  • Ensure compliance with all relevant regulatory requirements and industry standards and implement robust security measures to protect customer data and privacy.
  • Stay abreast of the latest trends in financial technology (FinTech) and the broader technology landscape.
  • Develop and maintain strong relationships with key technology vendors and partners, ensuring alignment with business needs and objectives.
  • Manage geographically distributed software development teams—including both internal and overseas groups—by driving effective communication, collaboration, and high performance to achieve organizational goals and deliver impactful technology solutions.
  • Partner with leaders across departments to provide guidance and expertise in developing their technology roadmap and aligning technology initiatives with business objectives.
  • Must complete all required training, including Bank Secrecy Act/Anti-money Laundering training suitable to their position with the bank.
  • Other duties as assigned.

Education/Experience

  • Bachelor’s degree in Computer Science, Engineering, or a related field (Master’s degree preferred). Additional relevant work experience may be substituted on a year-for-year basis for the formal education requirement.
  • Minimum 15 years of experience in a senior technology leadership role, preferably within the financial services industry.
  • Proven track record of leading successful technology initiatives and driving business value through technology.

Skills And Competencies

  • Strong understanding of financial services regulations and compliance requirements.
  • Deep knowledge of current and emerging technologies relevant to the financial services industry, such as cloud computing, artificial intelligence, embedded finance, and data analytics.
  • Demonstrated success in leading both internal and overseas development teams, leveraging cross-cultural communication and remote management expertise to drive innovation, continuous improvement, and successful delivery of technology solutions.
  • Strong cross-functional collaboration skills, with the ability to advise and support department leaders in technology strategy and implementation.
  • Excellent communication and interpersonal skills, with the ability to explain complex technical concepts to non-technical stakeholders.
  • Ability to think strategically and translate business needs into actionable technology solutions.
  • Strong problem-solving and decision-making skills.
  • A collaborative and results-oriented work style.

Physical Requirements

  • Prolonged periods sitting at a desk and working on a computer.
  • Must be able to lift up to 25 pounds at times.

Work Arrangement

  • This position is remote.
  • Full-time weekday position. Requires occasional evening and weekend hours to assist with off-hour IT tasks.
  • Occasional travel may be required for training or meetings.

EEO Statement

We are an equal opportunity employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, or any other protected category.

All offers of employment shall be subject to the successful completion of all pre-employment screenings, verifications, and processes. Failure to comply with these processes or failure to successfully pass all phases of the pre-employment screening will result in a withdrawal of the employment offer.

Other Duties

Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, obligations, and activities may change at any time, with or without notice.

Compensation is based on geographic location and individual pay decisions will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

Benefits

  • 401(k)
  • 401(k) matching
  • Health insurance
  • Dental insurance
  • Life insurance
  • Paid time off
  • Vision insurance
  • Short- and Long-term disability
  • Company-paid holidays

About First Bank of the Lake

Welcome to First Bank of the Lake! We put you 1st! Four simple words, but they are at the core of everything we do. They are the difference that sets us apart. At First Bank of the Lake, we take the time to listen, understand and respond to the needs of our customers by putting the strength of a full spectrum of banking products and services to work for you. We’ll help you with all your financial needs, create opportunities and realize your dreams. We have real solutions for your life and put our years of experience to work for you. Knowing our customers makes us a better bank. At First Bank of the Lake, you have a financial partner you can count on. Talk to us about yourself or your business and where you want to go. We’ll help get you there. Find out what it’s like to work with a bank who puts you first. Services Business & Personal Loans SBA Loans Personal & Business Checking Savings & Money Market Accounts CDs & IRAs

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