Bank president chief executive officer

Job Overview

Role Summary

Lead day-to-day operations and execute the board-approved strategic plan for a state-chartered, FDIC-insured ONLINE bank operating nationwide without retail branches.

Key Responsibilities

• Own safety and soundness in a fully digital environment; ensure timely remediation of supervisory findings.

• Deliver nationwide deposit and lending growth via online channels within risk appetite and Community Reinvestment Act (CRA) commitments.

• Oversee digital Customer Identification Program (CIP)/Know Your Customer (KYC) onboarding and fraud thresholds with the Chief Compliance Officer and Chief Risk Officer.

• Own marketing/compliance guardrails for web/app, rate tables, and promotions; ensure clear, fair, UDAAP‑safe disclosures and electronic signatures (E‑SIGN).

• Approve CRA strategic plan for a branchless bank; ensure performance reporting to the Board.

• Supervise brokered‑deposit strategy (if used) and primary‑purpose exceptions; maintain constructive relationships with examiners.

• Chair/participate in Asset‑Liability Committee (ALCO), Risk, Compliance/BSA, Credit, and IT/Information Security Steering; ensure model/AI governance for online decisioning.

• Oversee third‑party/fintech and core/cloud vendors under interagency third‑party risk guidance.

Online-Bank Experience — Required

• Leadership at an online or branchless bank (or digital bank unit) with nationwide deposits and remote lending.

• Hands-on oversight of digital onboarding (CIP/KYC), sanctions screening, and online fraud controls.

• Managing FDIC brokered‑deposit rules and listing platforms; deposit beta management across cycles.

• Delivering CRA objectives via an online assessment‑area/strategic‑plan approach.

In-House Product Experience — Required

• Credit Cards: issuer program leadership (BIN sponsorship or direct issuer), processor selection, network rules (Visa/Mastercard), chargebacks, Regulation Z (open‑end) and PCI DSS oversight.

• Residential Mortgages: origination/servicing leadership with TRID, HMDA, RESPA, secondary‑market readiness, escrow, loss mitigation, and MERS governance.

• Commercial/CRE Mortgages: underwriting policy, construction lending, appraisal/environmental (Phase I), concentration limits, HVCRE, and stress testing.

Qualifications (Regulator-Ready)

• 12–15+ years at depository institutions; 5+ years P&L leadership; prior CEO/President or COO/Deputy CEO.

• History of successful examinations and remediation of Matters Requiring Attention (MRAs)/Matters Requiring Immediate Attention (MRIAs).

• Mastery of digital-bank disciplines (online acquisition, onboarding, fraud) and third‑party/fintech oversight.

• Bachelor’s required; advanced degree or banking school preferred.

Compensation Policy (Cash-Only): Consistent with corporate policy and ownership, RLD Sustain Holdings Corporation does not issue equity or equity-like instruments to employees or contractors. Compensation consists of base salary, annual cash bonus, and long-term cash incentives only. No personal guarantees are required for company obligations.

Base Salary: $700,000 – $950,000

Target Annual Bonus (cash): 100% – 150% of base (cash) — tied to a board-approved scorecard (safety & soundness, examinations, risk/compliance KPIs, profitable growth within risk appetite).

Long-Term Incentive (cash only): up to 200% of base (cash, milestone-based) — milestone-based (e.g., bank acquisition close, first satisfactory exam/CAMELS, profitability, risk KPIs).

Executive Sign-On Bonus (cash): $250,000 – $500,000 (50% at start / 50% at day‑180; repayment if voluntary departure < 12 months).

Year‑1 Bonus Floor: ≥75% of target (year-1, pro‑rated).

Benefits: Medical, dental, vision; 401(k) with employer match (plan details to be finalized); paid time off; relocation stipend if needed; executive physical stipend.

No Equity: RLD Sustain does not grant equity, options, restricted stock units (RSUs), or phantom equity.

Governance: Bonuses and long-term incentives are subject to deferral, malus, and clawback per policy.

Work Arrangement: Executive-office role based in Crete, Illinois with periodic travel to the bank’s designated main office and to federal/state regulators.

Branchless Model: The bank will operate as a 100% online institution (no retail branches).

Regulator Screen: Offers are contingent on background, credit, and reference checks suitable for a state-chartered, FDIC-insured bank. Candidates must demonstrate successful examination histories and independence appropriate to the role.

Equal Opportunity Employer: RLD Sustain is an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other protected characteristics.

Serious and Experienced Candidates May Apply Confidentially By Emailing Your Resume Today: [email protected]

Job Type: Full-time

Pay: $700,000.00 - $950,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Relocation assistance
• Retirement plan
• Vision insurance

Work Location: In person