Chief Information Officer

Federal Home Loan Bank of Des Moines•Des Moines, IA

About The Position

The Chief Information Officer leads FHLB Des Moines’ information technology and information security functions, including developing and implementing the Bank’s Technology Strategic Plan in alignment with its Strategic Business Plan. The role participates as a member of the Executive Team and serves as a management liaison to the Board of Directors. The CIO is accountable for technology strategy, governance, and the delivery of long- and short-term technology plans and initiatives that create business value. The role supports strong internal controls, regulatory compliance, responsive organizational structures, and timely stakeholder communications, including with the FHFA. The CIO partners with leaders across the Bank and advises the President & CEO on technology and cybersecurity matters, while representing the Bank to external partners and FHLB system peers. The role also leads and develops an inclusive, high-performing team; advances innovation and continuous improvement; and supports the Bank’s mission through strategic partnerships and effective supplier engagement. The Bank describes its culture as inclusive and supportive of work/life balance. Most roles are eligible for a hybrid work schedule; the posting does not specify whether this position is eligible.

Requirements

  • Bachelor’s degree in Computer Science, Finance, Accounting, or a related field.
  • At least 10 years of senior-level IT experience, preferably in the financial services industry.
  • Proven experience in IT planning, organization, and development.
  • Ability to establish and maintain credibility with internal partners, executive management, and the Bank’s Board of Directors.
  • Communication and presentation skills, including the ability to present concepts effectively to internal partners, executive management, and the Board.
  • Excellent organizational and leadership skills.

Nice To Haves

  • Master’s degree in business administration, operations research, or computer science.
  • Senior-level IT experience in the financial services industry.

Responsibilities

  • Lead the Bank’s information technology and information security functions, including technology strategy, governance, and long- and short-term technology planning.
  • Oversee the successful delivery of technology initiatives, effective organizational structures, internal controls, regulatory compliance, and timely stakeholder communications, including with the FHFA.
  • Partner with Bank leaders and advise the President & CEO on technology and cybersecurity matters to drive innovation, continuous improvement, and strategic business outcomes.
  • Serve on the executive leadership team, act as liaison to the Board Technology Committee, chair the Technology Governance Committee, and participate in other management committees as assigned.
  • Build and develop a high-performing, inclusive team through coaching, feedback, accountability, succession planning, and talent development.
  • Manage departmental internal controls and regulatory topics, including reporting known or suspected policy, legal, or regulatory violations.
  • Identify and advance ideas that improve processes and challenge the status quo.
  • Maintain awareness of emerging technologies and industry trends, strengthen strategic partnerships, and advance initiatives that support the Bank’s mission.
  • Represent the Bank on IT and IS topics and build relationships with the FHFA, external community associations and partners, and FHLB system peers.
  • Include diverse perspectives in decisions related to all aspects of the employee life cycle, including hiring, development, and promotion.
  • Evaluate and reach a broad set of suppliers to meet business needs and provide business value.
  • Perform other duties and projects as assigned.

Benefits

  • 11 paid holidays.
  • 5 weeks of paid time off (PTO).
  • A work culture that values work/life balance.
  • 401(k) match of 100% of the first 6% the employee contributes.
  • Additional 4% non-discretionary 401(k) contribution at the end of the year.
  • Eligibility to participate in the Bank’s annual incentive plan.
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