Chief Operating Officer

Job Title: Chief Operating Officer (COO)

Location: Austin, TX

Company: Leading Cayman Islands Bank Expanding into Austin

About the Company: One of The Cayman Islands' largest banks is currently in formation for a new banking entity in Austin, aiming to reshape the alternative asset management sector. With conditional approval granted by the OCC and the bank aiming for an opening this September (2024), the stage is set for transformative operational strategies as the pre-opening team is finalized. A new COO is needed ASAP as the launch is imminent.

Position Overview: The ideal candidate is a seasoned Chief Operating Officer with a strong banking operations background, who is excited by the prospect of creating the playbook, thriving in the chaos of a startup environment, and embracing an entrepreneurial spirit.

A "figure it out" attitude is what we need. There's no playbook, it's going to be manic and that's part of the fun, for the right person.

Key Responsibilities:

• Lead and oversee all banking operations, ensuring efficient and effective processes.
• Develop and implement operational strategies and frameworks from the ground up.
• Manage and optimize ACH procedures, wire transfers, and other critical banking operations.
• Ensure compliance with regulatory requirements and standards.
• Drive operational efficiency and excellence across all departments.
• Collaborate closely with the CEO and other senior leaders to align operational goals with overall business strategy.
• Foster a culture of innovation, agility, and high performance.

Qualifications:

• Proven experience as a Chief Operating Officer or in a similar senior leadership role within the banking sector.
• Deep understanding of banking operations, including ACH procedures, wire transfers, and regulatory compliance.
• Strong track record of building and leading high-performing teams.
• Exceptional strategic thinking, problem-solving, and decision-making skills.
• Entrepreneurial mindset with the ability to thrive in a fast-paced, startup environment.

Why Join:

• Opportunity to lead the operations of a prestigious bank's new entity in Austin.
• Play a pivotal role in shaping the future of alternative asset management.
• Be part of a dynamic, entrepreneurial team that values innovation and excellence.

Application Process: This search is conducted exclusively by Daniel Woodhall, CEO of Twelve10, working directly with the CEO of the bank. If interested in this exciting opportunity, please indicate your availability for a call to discuss further. Additionally, kindly reply with your CV to add context to the conversation.

Contact: Daniel Woodhall CEO, Twelve10