Chief Information Officer

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

About The Position

The Chief Information Officer leads FHLB Des Moines’ information technology and information security functions. The role develops and implements the Bank’s Technology Strategic Plan in alignment with its Strategic Business Plan, and participates as a member of the Executive Team and as a management liaison to the Board of Directors. The CIO oversees technology strategy, governance, and long- and short-term plans intended to create business value. The role is accountable for delivering technology initiatives while maintaining an effective organizational structure, strong internal controls, regulatory compliance, and timely communications with stakeholders, including the FHFA. The CIO partners with Bank leaders and advises the President & CEO on technology and cybersecurity matters, representing the Bank with regulators, industry peers, and external partners. The role also leads and develops an inclusive, high-performing team; participates in Board and management committee work; supports strategic business outcomes and continuous improvement; and evaluates suppliers to meet the Bank’s needs and provide business value. Other duties and projects may be assigned.

Requirements

  • Bachelor’s degree in Computer Science, Finance, Accounting, or a related field.
  • At least ten years of senior-level IT experience; experience in financial services is preferred.
  • 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.
  • Strong communication and presentation skills, including the ability to present concepts effectively to internal partners, executive management, and the Bank’s Board of Directors.
  • Excellent organizational and leadership skills.

Nice To Haves

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

Responsibilities

  • Lead the Bank’s information technology and information security functions, including technology strategy, governance, and development and execution of long- and short-term technology plans.
  • Ensure successful delivery of technology initiatives, an effective and responsive organizational structure, strong internal controls, regulatory compliance, and timely stakeholder communications, including with the FHFA.
  • Partner with leaders across the Bank 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.
  • Generate ideas that improve processes and advance those ideas into action.
  • 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 information security topics and build relationships with the FHFA, external community associations and partners, and FHLB system peers.
  • Ensure inclusion 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 the Bank’s business needs and provide business value.
  • Perform other duties and projects as assigned.

Benefits

  • 11 paid holidays
  • 5 weeks of paid time off (PTO)
  • Work culture that values work/life balance
  • Hybrid work schedule eligibility for most roles
  • 100% match on the first 6% contributed to the 401(k)
  • Additional 4% non-discretionary 401(k) contribution at year end
  • Eligible to participate in the Bank’s annual incentive plan
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