We are delighted to share with you the exciting retained Chief Operating Officer search we are conducting for our long-time Client, The Savings Bank (“TSB” Based in Wakefield, Massachusetts, this $750 million asset bank operates branch locations in Wakefield (3), Lynnfield (2), Andover, Methuen, and North Reading and through online and mobile banking. Our Client offers a wide variety of loans and products/services to both consumers and small businesses with offerings that include Retail Banking; Commercial, Residential, and Consumer Lending; and Wealth Management (through First Financial Trust).
This is an outstanding opportunity to help lead a highly regarded community-focused financial services organization with an excellent marketplace reputation and many loyal, long-term relationships. Our Client offers the best of both worlds – comprehensive product/service offerings, with a local, relationship-based approach. The Bank’s diversification of revenue/income across multiple businesses positions TSB well for the changing financial services landscape. The Bank has an engaged and unified Board committed to remaining an independent mutual organization.
Key priorities include:
- Work closely with Management across the Bank to help drive business growth and manage the overall operations of the Bank to achieve strategic goals.
- Provide day-to-day leadership and oversight for Commercial Lending, Retail Lending, Retail Banking, Marketing, Electronic Banking, and Deposit Operations.
- Plan and organize operational activities to support the Bank’s mission and goals.
The successful candidate will bring:
- Proven leadership experience within Lending (Commercial and/or Residential), Retail Banking, Marketing, and/or Digital Banking/Operations (or equivalent).
- Lending proficiency in business development, relationship management, and/or credit (or equivalent).
- Current knowledge of financial institution technology platforms, software, and/or operations. Experience leveraging technology to improve efficiency and effectiveness.
- Proven management/supervisory skills. Ability to manage multiple departments/business lines.