One of America’s Best Business and Private Bank’s is seeking a Chief Financial Officer. Idaho Trust Bank looks to add a dynamic leader and financial expert to its executive management team. Our business and private banking is augmented by a wealth management department that is Idaho’s largest and one of the largest in the Pacific Northwest.
Idaho Trust Bank has been named one of the Top 200 healthiest banks in America. Additionally, Bauer Financial continues to give Idaho Trust Bank its 5 Stars rating. In doing so, it rates Idaho Trust Bank as, “One of the Strongest Financial Institutions in the Nation.”
The people of Idaho Trust Bank care about and support their community. All over the communities that we serve you will find Idaho Trust Bank employees volunteering and involved in non-profits and community groups making a positive impact. Idaho Trust Bank also provides significant financial support for local non-profits.
Idaho Trust Bank is the only bank headquartered in Boise, Idaho. The Boise Metro is a great place to live. In the last three years, over 50 different publications have listed Boise as one of the safest, healthiest, prosperous and most livable cities in America. If you value urban amenities with small town charm, if you like the idea of being able to ride trails before work or walk to a hopping microbrewery, and if you’re interested in being part of a place where passion and energy are swelling in pace with the population – the Boise Metro, and Idaho Trust Bank, just might be the place for you.
The Chief Financial Officer is responsible for serving as the Bank’s lead financial executive overseeing and representing the Bank’s Finance Department and all financial and accounting operations of the Bank. The position is responsible for adhering to all related generally accepted accounting principles (GAAP), tax and regulatory laws, rules and regulations to adequately and accurately reflect the financial position of the Bank at all times.
Bachelor’s degree from an accredited college or university; or ten years of related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of an in-depth background in accounting or finance, management and supervisory skills. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry. A professional certificate such as a certified public accountant (CPA) or advanced education beyond a college degree is preferred, ideally in a financial or business discipline, such as Master’s degree or MBA.
Advanced experience, knowledge and training in progressively responsible branch or department operations, management and supervisory activities.
Intermediate knowledge of general accounting, payroll, budgeting, and related accounting and record keeping systems in a financial institution.
Advanced knowledge of related state and federal banking compliance regulations, and Bank accounting policies and procedures.
Intermediate skills related to the consolidation and reporting of Bank financial results, and formulation and implementation of Bank accounting procedures.
Excellent organizational and time management skills with the ability to provide leadership, supervision and training for 2 or more employees using positive supervisory techniques to ensure maximum productivity; demonstrated ability in organization and delegation skills.
Intermediate knowledge of human resource labor laws and policies.
Intermediate skills in computer terminal and personal computer operation; host computer system; FedLine, word processing and spreadsheet software programs.
Intermediate typing skills to meet production needs of the position.
Exceptional math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, read, analyze and interpret documents and professional journals, understand procedures, write reports, correspondence and procedures, speak clearly to customers and employees.
Thorough understanding of management procedures; ability to plan department or Bank activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to organize various functions necessary to accomplish department or Bank activities; effectively staff (selecting, training and developing employees); directing employees towards the desired objectives (delegating, motivating, resolving problems); controlling the function (developing performance standards, measuring results, taking corrective action and rewarding employees as appropriate).
Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
Ability to work with no supervision while performing duties.
Current driver’s license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.
About Idaho Trust Bank
Idaho Trust Bank offers private banking, private business banking and private wealth management, including investment, trust and brokerage services. Idaho Trust specializes in delivering exceptional, relationship-based service with a solid commitment to responsiveness and action. Services are offered through preferred banking and wealth management/trust offices in Boise and Coeur d' Alene, Idaho as well as Las Vegas, Nevada. Idaho Trust Bank offers a complete line of banking products for individuals and businesses, including deposit services in addition to commercial and personal loans.
Idaho Trust Bank was founded in 1994 by Daniel Prohaska and Thomas Prohaska. At the time, the Prohaska brothers were actively engaged in the building of a successful law practice. However, their clients were faced with the disappearance of Idaho's "100 year banks" through acquisitions by out-of-state mega-banks. The Prohaskas and their clients were frustrated with the resulting lack of personal service and elimination of local decision-making.
Today, Idaho Trust Bank has a simple mission: We Help Clients Create and Preserve Wealth for Generations. To accomplish this, Idaho Trust excels at assessing client needs, offering specialized banking products and providing wealth management expertise.