Head of Captive Insurance Banking

Responsibilities

• 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.

• 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.