Chief Information Officer - Banking & Financial Services

Virtual Agent • Memphis, TN

264d • $300,000 - $400,000

About The Position

Vaco is actively seeking a Chief Information Officer for a direct-hire opportunity with a respected financial services organization in Memphis. This is a unique opportunity to join a traditional core banking organization with a focus on organic growth within the Fintech and Banking-as-a-Service (BaaS) space. The Chief Information Officer will lead the technology strategy and execution for a regional banking operation with a multitude of national strategic financial partnerships. This role will ensure alignment with business goals, regulatory requirements, and industry trends. The executive will oversee the development and implementation of innovative digital initiatives, cybersecurity strategies, and IT infrastructure, continuing to drive the bank's transformation into a leading player in digital banking and financial services sector.

Requirements

• Minimum of 10 years of experience in technology leadership roles.
• At least 5 years in a senior IT executive position (e.g., CIO, CTO, etc) within the financial services or fintech industry.
• Deep understanding of Banking-as-a-Service (BaaS), open banking frameworks, digital banking platforms, and the regulatory environment affecting financial institutions.
• Proven experience leading large-scale digital transformation initiatives in the financial services industry, particularly in BaaS or fintech-driven strategies.
• Strong knowledge of cloud computing, API architecture, microservices, and other critical technologies essential to modern banking systems.
• Expertise in managing cybersecurity frameworks and ensuring compliance with financial industry standards such as PCI DSS, GDPR, and PSD2.

Responsibilities

• Develop and execute the bank's technology strategy and roadmap, ensuring alignment with business objectives, regulatory requirements, and emerging industry trends.
• Lead the bank's digital initiatives to enhance digital banking services, including online and mobile platforms, payment solutions, and customer-facing technologies.
• Oversee the development and implementation of comprehensive cybersecurity and recovery measures to protect the bank's data, infrastructure, and systems.
• Ensure compliance with relevant regulations and industry standards (e.g., GDPR, PCI DSS, PSD2).
• Stay abreast of emerging technologies like AI, blockchain, and fintech innovations.
• Ensure the bank's IT infrastructure is secure, compliant with industry regulations, and scalable to meet business demands.
• Lead, mentor, and grow a high-performing IT team.
• Manage both vendor and business partner relationships with third-party technology providers and consultants.
• Spearhead the bank's digital transformation efforts, including the migration to cloud platforms, API-driven architectures, and the adoption of advanced data analytics capabilities.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Industry: Administrative and Support Services