WEX Bank CFO

Chief Financial Officer (CFO)

WEX Bank is a leading provider of financial solutions and payment services. We are committed to providing our customers with exceptional service while maintaining the highest standards of compliance and ethical conduct. WEX Bank is seeking a highly experienced and strategic Chief Financial Officer (CFO) to lead its financial operations. The CFO will be responsible for ensuring the financial strength of the bank, optimizing financial teams and processes, and driving strategic initiatives to achieve success in a regulated industrial banking environment. This role requires a deep understanding of banking regulations, capital management, liquidity, investment portfolios, and financial reporting.

How You'll Make An Impact :

• Funding and Liquidity Management : Develop and implement strategies for adequate, cost-effective, and diversified funding sources to maintain optimal funding and liquidity levels, meeting both operational and regulatory requirements.
• Capital Management : Oversee the maintenance and management of regulatory capital levels to ensure the bank remains well-capitalized, while also facilitating consistent and maximum cash flow to WEX Inc.
• Investment Portfolio Management : Lead the management of the bank's investment portfolio to maximize returns, minimize realized credit losses, and efficiently manage capital consumption.
• Regulatory Compliance (Reg W) : Ensure strict compliance with Reg W and other relevant banking regulations.
• Financial Reporting and Oversight : Direct all aspects of financial reporting, including monthly financial statements, board reporting, regulatory reporting (such as Call Reports), and ad-hoc financial analysis. Provide oversight of accounting functions performed on behalf of WEX Bank at WEX Inc.
• Strategic Planning and Financial Management : Contribute to the bank's strategic planning process, providing financial expertise and insights to inform decision-making and drive long-term growth and stability. This includes optimizing and managing the balance sheet, leading forecasting and budgeting processes, driving strategic financial planning initiatives, driving overall Bank Profitability, and managing Operating Expense (OPEX) effectively.
• Leadership : Effectively lead, mentor, and manage a team, fostering their professional growth and ensuring team success.

Experience You'll Bring :

Equal Opportunity Employer / Vets / Disability