The Chief Information Officer will report directly to the Chief Operations Officer/Chief Executive Officer. The position will be the lead innovator, operator, and guardian of all company technology-based services and will play a key role in developing and executing the Company’s business and technology strategies.
The Chief Information Officer's role is to provide vision and leadership for developing and implementing information technology initiatives. The CIO directs the planning and implementation of strategic and tactical enterprise IT initiatives across the Bank focusing on cost effectiveness, efficiency, service quality and revenue opportunities while in a safe, sound and secure environment. The CIO will act as a critical leader and driver of enterprise transformation, partnering with Executive Committee team members in achieving goals and objectives. This includes leading an agile, forward-thinking IT Team, driving the day-to-day operations and focusing on service and delivery. The CIO will identify new technologies, as appropriate to further strengthen the Banks competitive position while continuing to improve client and associate experiences. Enhancements and new opportunities in cloud computing, data analytics, mobile, vendor management, telecommunications and cybersecurity will be critical success factors in the Bank's short and long term strategic initiatives.
DESCRIPTION OF PRIMARY DUTIES:
Advise Executive Management on opportunities and risks associated with technology
Act as a trusted advisor by building and maintaining relationships with business unit leaders
Execute a data-centric strategy and drive digital transformation for Company’s operations, products, sales and marketing
Lead the development of the IT strategy and roadmap ensuring integration with the Company’s strategic planning process
Provide assessment and direction on emerging technologies to ensure Company’s IT capabilities respond to the digital business strategy; monitor and analyze technology and trends that could improve the company’s products and performance
Develop and control annual budget for technology & data processing to ensure it is consistent with overall strategic objectives
Develop, interpret and enforce banking regulations and Company policies across all technical and data processing activities
Direct IT sourcing, provide executive oversight for strategic vendor and partner relationship management, and negotiate contracts with technology vendors and service providers
Maintain a viable Technology Business Recovery and Disaster Plan
Responsible for the oversight of procuring, installing and maintaining all computer hardware and software necessary to keep computer systems operating in top quality, consistently
Provides leadership, coaching and direction to the IT leadership team and staff
Oversee IT infrastructure, networks, mainframe, telecommunications and computer systems to ensure optimal uptime performance
Monitor changes or advancements in technology to discover ways the Bank can gain competitive advantage(s). Chair the Technology Committee providing guidance and leadership to new technology projects under review by departments throughout the company
Direct department oversight includes: Telecommunications, Mobile Banking, Network Security, Network Infrastructure, Application Support, Helpdesk, and Mainframe Operations
Define and deliver the product roadmap collaborating with internal and external partners, with a client-first mindset
Drive technology research and roadmap that best meets First Mid’s technology requirements today and in future
Develop and maintain a strong security posture throughout First Mid’s network and systems. Work with the Information Security Officer in resolving identified issues. Collaborate with the ISO in determining the best practice solution to cyber threats
SKILLS AND ABILITIES REQUIRED:
Minimum of 10+ years of relevant IT experience with a mid-sized ($4-6B in assets) banking or financial services company
5 plus years senior management experience
Ability to convert business strategy to technology execution
Strong written and verbal communication skills
Excellent organization and decision-making skills
High ethical standards, including maintaining confidentiality
Experience managing data centers, business continuity, cybersecurity and other technology infrastructures
Experience in developing and managing technology budgets
Experience interacting directly with Regulators and auditors in areas of technology compliance
Experience managing technology vendors
Awareness of industry trends in technology and development management; cloud computing, data management; artificial intelligence
Known as a change agent with solid communications and influencing skills
Bachelor's degree in computer science, business, or related discipline, or equivalent education and related training required. MS/MBA preferred.
Minimum of 10+ years of relevant IT experience with a banking or financial services company, of which at least five years were in a senior management
This Job Description describes the general nature and level of work performed by the individual assigned to this position and should not be interpreted as all inclusive. It does not state or imply that these are the only duties and responsibilities assigned to the position. The employee may be required to perform other job-related duties. All requirements are subject to change and to possible modification to reasonably accommodate individuals with a disability.
About First Mid-Illinois Bank & Trust
First Mid-Illinois Bancshares, Inc. is the parent company of First Mid-Illinois Bank & Trust, N.A.; First Clover Leaf Bank, N.A.; Mid-Illinois Data Services, Inc.; and First Mid Insurance Group. The bank was first chartered in 1865 and has since grown into a more than $2.8 billion community-focused organization that provides financial services through a network of 53 banking centers in 37 communities. Our talented team is comprised of over 600 men and women who take great pride in First Mid, their work and their ability to serve our customers.Our stock is traded in The NASDAQ Stock Market LLC under the ticker symbol “FMBH.”Our Mission is to fulfill the financial needs of our communities with exceptional personal service, professionalism and integrity, and deliver meaningful value and results for customers and shareholders.Our Vision is to be a nimble, community banking team committed to quality and growth for the benefit of all our stakeholders.Our Strategy is to operate as a customer-focused organization; to recruit and retain a well-educated, quality staff; to invest in our communities; to build technological capabilities which will better serve the next generation of customers; ...to achieve long term consistent growth; and to produce levels of profitability that provide the resources necessary to reinvest in the bank.