Benefits Overview:
A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by doing work that matters. In order to be the best, we hire the best!
Remarkable Benefits offered by CoBank
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Competitive Compensation & Incentive
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Hybrid work model - flexible work arrangements for most positions
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Benefits Packages, including: Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
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CoBank University robust curriculum –associate training and development, including higher education tuition reimbursement
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Outstanding 401k – up to 6% matching and an additional 3% non-elective contribution
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Time-Off Packages – Vacation 15+ days, 10 Paid Sick Days, and 11 Paid Holidays
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Community Impact – United Way Angel Day, Volunteer Day and Associate Directed Contribution
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Associate Resource Groups – creating a culture of diversity and inclusion
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Recognize a fellow associate with “GEM” awards, including a monetary value
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On-site Fitness Center and Cafe
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ECO transportation pass provided to every Denver associate
Job Description:
At CoBank, our SVP & Chief Information Officer is responsible for the overall strategy, implementation, execution and management of the Information Technology (IT) functions of the bank. Specific components include: (1) application architecture, (2) development and support, (3) e-business,(4) data warehousing, (5) development and implementation of cloud-technology and cloud-platform strategies, (6) development and implementation of technology managed services strategies, (7) information security execution,(8) information management, network operations, and (9) data center and other related functional and technical components. Drives the bank’s digital transformation in collaboration with the business and functional units, including Operations and Business Process Management, Enterprise Data Management, Legal and Loan Processing, and the Banking Group. Directs the development and implementation of concurrent, large, and complex information technology programs, products, and services. Provides overall direction for the production environment, ensuring IT service levels are met, including the appropriate use of cloud-based and emerging technology opportunities such as artificial intelligence, blockchain, and machine learning. Responsible for the development of an annual information systems strategy, plan and budget. Leads, coaches and develops a diverse team of IT leaders and professionals. Contributes to the overall management of the bank through participation at the executive level in the alignment of technology to enterprise-wide strategic business goals and objectives. Accountable for the successful implementation and acceptance of technology initiatives.
Essential Duties and Responsibilities:
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Provides leadership and manages all IT operating units supporting business applications, enterprise architecture, middleware, database, IT program management and computing operations to ensure effective allocation of resources to support the achievement of enterprise-wide strategic objectives.
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Consults with executive management and key stakeholders regarding alternatives for achieving optimal benefit on enterprise digital transformation and technology-supported change initiatives and investments. Provides consultation in the identification of priorities, recommending cost effective and technically sound approaches, and supporting the development of comprehensive business cases for each initiative. Business cases consider strategic relevance, market analysis, approach, timelines, staffing, and direct, indirect and ongoing development and maintenance costs.
- Develops, tracks and controls the Information Technology annual operating expense and capital expenditure budgets.
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Oversees all aspects of people management, human resource practices and policies within defined scope of responsibility. Selects, develops, and motivates a highly skilled management team. Grants authorities appropriate for managerial positions, sets standards of performance, evaluates performance and recommends personnel actions within delegated authorities. Consults Human Resources as appropriate.
- Maintains focus and keeps current on emerging cloud-based, digital, FinTech-driven and other technologies, industry trends and best practices in the IT industry and financial institutions sectors, incorporating findings as appropriate into the bank’s environment.
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Contributes to the establishment of short- and long-range strategic plans, business plans and profitability goals.
- Develops short- and long-term operational plans for areas managed consistent with the strategic business objectives of the bank. Communicates plans to staff, solicits input on development, and monitors progress towards their achievement.
- Assures the development and implementation of comprehensive processes and related practices dealing with the use of technology to provide the basis for management decisions and control.
- Develops, updates and manages a bank-wide Information Security execution capability, working in concert with the Corporate Security Officer on the objectives of protecting the integrity and confidentiality of bank and customer data and information.
- Participates in the management of the Chief Operating Officer (COO) Group as member of the COO Leadership team. Consistently maintains an enterprise-wide focus identifying and overseeing the implementation of technology strategies. Collaborates closely and effectively with COO Group functional areas, particularly Enterprise Information Management, Enterprise Portfolio Management, and Operations and Business Process Management
- Accountable for the assessment and communication of all Information Technology risks and threats. Maintains an escalation protocol relating to technology system issues, including core root-cause identification and resolution.
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Responsible for bank-wide efforts supporting disaster recovery of all information systems.
- Upholds an audit-ready posture in all areas of responsibility. Ensure the control environment for information technology performs consistently at a high-level.
- Oversees the evaluation and documentation of the processes and controls for Sarbanes-Oxley 404 and other relevant regulations related to Information Technology.
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Oversees the selection and management of key technology vendors, suppliers, consultants and contractors.
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Develops and maintains relationships, and represents the bank in meetings with regulators, internal and external auditors, and other partners and stakeholders to establish and enhance effective regulatory, cooperative, and system-wide working partnerships in the Farm Credit System and broader community.
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Participates in special projects and performs other duties as assigned.
Basic Qualifications
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Bachelor’s degree in information systems, computer science, or other relevant discipline
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Relevant master’s degree preferred.
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Fifteen (15) years of relevant information technology experience, preferably in banking or financial services industry including progressive management/leadership experience in an information technology role.
Preferred Qualifications
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Proven record of effectively managing enterprise-wide and cultural change in the development, implementation, and execution of multi-year technology strategies, programs, products and services.
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Excellent leadership, people management and organizational development skills, with a demonstrated ability to motivate in a team-oriented and collaborative work environment, and promote, foster and build a diverse and inclusive workforce.
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Strong business integration skills, and the ability to effectively communicate to key stakeholders and influence key decisions.
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Ability to work collaboratively and build and maintain effective relationships with all levels of executives, internal team members, and external stakeholders and partners in the Farm Credit System.
- Strong general and financial management, analysis, solutions based problem solving and decision-making skills.
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Excellent written and oral communications skills. Strong interpersonal skills, with the ability to present technical concepts in a business and user-friendly manner to both technical and non-technical stakeholders.
- In-depth knowledge of current and evolving information technology systems, tools, techniques and operations trends.
Compensation Information
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Estimated Base Salary Range: $280,000-$395,000
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Target short-term incentive opportunity: 40%
About CoBank:
CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.
CoBank will not consider a work visa H1B, EAD (Employment Authorization Document or Permit) or OPT (Optional Practical Training) for this position.
CoBank is an Equal Opportunity Employer.
CoBank requires all newly hired associates to be fully vaccinated against COVID-19, and new hires will be asked to register their proof of vaccination. Any offer of employment will be conditioned upon an applicant supplying proof of vaccination against COVID-19; provided, however that CoBank may provide a reasonable accommodation for an applicant’s known disability or sincerely held religious belief.