Summit State Bank

FINANCE AND RISK MANAGER

Summit State Bank$140K — $170K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or related field; equivalent experience may be considered.
  • Master's Degree, MBA, or relevant advanced education preferred.
  • Advanced Microsoft Excel skills for financial reporting and analysis.
  • Minimum 5 years of experience in accounting, financial analysis, or financial management, including 3 years in a banking or regulated financial institution.
  • Strong analytical, problem-solving, and communication skills.

Responsibilities

  • Manage day-to-day finance and financial risk activities for the Bank under the Chief Financial Officer's direction.
  • Provide financial analysis and recommendations to management.
  • Support budgeting, strategic planning, treasury, and asset/liability management.
  • Prepare communications for executive management, Board committees, and investors.
  • Collaborate across the Bank for timely and accurate reporting.
  • Oversee ongoing finance projects and tasks as assigned.

Benefits

  • 100% employer-paid medical, dental, and vision coverage for employees.
  • Flexible Spending Accounts (FSA) with employer matching contributions up to $2,500 annually.
  • Employer contributions of up to $4,000 for Health Saving Accounts (HSA) if enrolled in a HDHP.
  • Tuition reimbursement, wellness resources, and internal mentorship programs.
  • Minimum of three weeks paid vacation annually to support work-life balance.
Full Job Description
We are looking for a full-time Finance and Risk Manager to join Summit State Bank team at our main administrative office. This in-office position is responsible for managing key day-to-day finance and financial risk activities of the Bank under the direction of the Chief Financial Officer. The position oversees assigned finance functions; provides financial analysis and recommendations to management; supports budgeting, strategic planning, treasury and asset/liability management; and contributes to the Bank's financial stability and growth. The Finance and Risk Manager prepares information used in communications with executive management, Board committees, investors, auditors and examiners, as applicable. This position must collaborate effectively across the Bank while producing timely and accurate reports and is also responsible for other ongoing projects and tasks, as assigned. EDUCATION/EXPERIENCE: • Bachelor's Degree in Finance, Accounting, Economics, Business Administration or a related field; an equivalent combination of education and directly relevant experience may be considered. • Master's Degree, MBA or other relevant advanced education preferred. • Technical and analytical expertise to support financial reporting, modeling and analysis; advanced Microsoft Excel skills required. • Strong analytical and problem-solving skills coupled with thoroughness and attention to detail. • Strong written and verbal communication skills. • Internal customer service oriented. • Requires a minimum of 5 years of progressively responsible experience in accounting, financial analysis, treasury or financial management, including at least 3 years of experience in banking or another regulated financial institution. Experience with bank financial reporting, budgeting/forecasting, asset/liability management, liquidity and capital analysis is strongly preferred. COMPETENCIES: • Must be adept at problem-solving with the ability to identify issues, evaluate financial and operational impacts, and resolve problems in a timely manner. • Must possess strong interpersonal skills. • Must communicate clearly and professionally, both verbally and in writing, with employees, management, auditors, examiners and committee participants, including in presentations and meetings. • Must be able to interpret complex financial information, develop and present meaningful financial analysis, and translate data into clear recommendations for management. • Must be able to prioritize and plan work activities as to use time efficiently. • Must be organized, accurate, thorough, and able to monitor work for quality. • Must be dependable, able to follow instructions, respond to management direction, and must be able to improve performance through management feedback. • Prior people-management experience required; demonstrated ability to coach, develop and hold staff accountable. Benefits Summit State Bank offers a highly competitive benefits package designed to support our employees' health, financial well-being, and professional growth. We proudly provide 100% employer-paid medical, dental, and vision coverage for employees, along with employer contributions toward a portion of dependent coverage premiums. Our comprehensive benefits also include Flexible Spending Accounts (FSA) - with employer matching contributions of up to $2,500 annually for Dependent Care FSA accounts - as well as employer-paid Life, AD&D, and Long-Term Disability coverage. Employees receive employer HSA contributions of up to $4,000 annually if enrolled in a HDHP and have access to a 401(k) plan with employer matching contributions. We are committed to investing in our employees' success through tuition reimbursement, wellness resources, internal mentorship programs, and paid volunteer time off. In addition, all full-time employees receive a minimum of three weeks of paid vacation annually, supporting a healthy work-life balance. Pay Range: $140,000 - $170,000/annually All applicants should apply on our website: https://www.summitstatebank.com/careers.php.

About Summit State Bank

Summit State Bank provides banking services to individuals and businesses in California. The bank offers a range of deposit products, including checking, savings, and money market accounts, as well as certificates of deposit. It also provides various loan products, such as commercial and industrial, construction and development, and residential real estate loans, as well as consumer loans, including home equity and personal loans. In addition, the bank offers online banking, mobile banking, and other services. The company was founded in 1984 and is headquartered in Santa Rosa, California.
Learn more about Summit State Bank
Size
97 employees
Market Cap
$102.5 million
Industry
Net Income
$10.5 million
5 Year Trend
+18.1%
NASDAQ

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