A $18.1B commercial bank located in Illinois is seeking a Director of Business Systems and Applications.
Location: On – site – Champaign, IL
Position Summary
The Director of Business Systems and Applications is a strategic, operational and technical leader responsible for the performance, integration, and evolution of the bank’s applications, ensuring alignment with business objectives. This role oversees all core banking systems, digital platforms, and other integrated third party platforms and applications to ensure seamless integration, operational stability, regulatory compliance, and scalability to support continued growth. The Director will also work closely with senior stakeholders to identify, recommend, develop and implement cost effective technology solutions.
Duties & Responsibilities
Lead, mentor, and develop the Business Systems and Applications team.
Define and execute a forward looking application and integration strategy aligned with the bank’s business growth and digital transformation initiatives.
Partner with executive leadership and key business stakeholders to identify, recommend, develop, prioritize, and implement cost effective technology solutions.
Partner with senior leadership to identify technology needs and plan the activities related to the procurement, development and implementation of applications to enhance and optimize technology solutions and processes.
Ensure performance, resiliency, and optimization of core processing and related downstream systems.
Serve as primary relationship owner for key strategic partners including core system, digital banking, and ancillary systems.
Manage service delivery, SLAs, contract negotiations, and issue resolution with key strategic vendors.
Lead vendor selection and onboarding for new business application solutions.
Develop and implement key performance indicators (KPIs) to measure the effectiveness of business applications. Monitor KPIs to track progress and identify areas for improvement.
Ensure applications meet regulatory requirements; partner with Audit, Risk and Compliance teams on audits, exams, vendor risk assessment, and business continuity and disaster recovery planning.
Implement best practices for incident management, change and release management, and system monitoring and alerting.
Communicate effectively with technical and non technical audiences.
Partner with the EPMO and other technology teams to plan, execute, and complete projects on time and within budget. Manage projects directly as needed.
Remain current on Fintech trends and changing regulatory standards.
Identify and mitigate risks to applications, data and projects.
Implement a framework to monitor and report on business application utilization and effectiveness.
Education & Experience / Knowledge Of
Extensive business application and financial operations process experience; demonstrated leadership, management and decision making skills.
A strategic, long term thinker.
Strong understanding of bank policies and regulations related to project management, system administration and change management.
Proven track record of effectively working with cross functional teams.
Compensation: $120,000 – $165,000