An Equal Opportunity/Affirmative Action Employer/Member FDIC
“As an organization and employer, we're defined by our people—neighbors helping each other for everyone's benefit.”
- MICHELE HACKETT, VP, CULTURE OFFICER
Interested in working with us?
BS&L was founded in 1912 as a mutually-owned, cooperative savings association, and while we’re now a full-service bank (still a mutual!) we continue to serve our three main stakeholders —our employees, our customers and our communities—with laser-like focus. We foster a culture of excellence and teamwork, actively respect, value, and support diversity and are proudly a Certified B Corporation™. We’re looking for employees who will share our passion for working in a fun and supportive environment, providing top-level service to our customers (who we tend to know) and leading our communities into a better future, while working hard, growing and advancing. We may be small, but we’re mighty. Sound like you?
If you would like to join our team, please email a cover letter and resume to mhackett@brattbank.com or mail to:
Brattleboro Savings & Loan | Attn: Michele Hackett | PO Box 1010 Brattleboro, VT 05302
Senior Vice President & CFO
BRATTLEBORO, MAIN OFFICE
The Senior Vice President, Chief Financial Officer (CFO) is a critical role at BS&L, reporting directly to the President and CEO. This executive leadership position is responsible for managing the bank's financial actions, including planning, risk management, record-keeping, and financial reporting. The ideal candidate will provide strategic financial guidance to ensure the bank's financial commitments are met, while also implementing policies and procedures that will contribute to its financial health and compliance with the banking regulations.
Key Responsibilities
LEADERSHIP ROLES:
- Fulfill the role of Treasurer for the bank, directing financial oversight and operations.
- Regularly report on the bank’s financial condition at Board meetings, providing critical insights into fiscal performance and forecasts.
- Participate in the Board’s Audit, Loan, and Nominating and Compensation committees when invited, offering expertise and guidance on financial matters.
- Chair the Bank’s Asset & Liability Committee (ALCO), orchestrating financial strategy and risk management.
- Head the Bank’s Allowance for Credit Loss Committee, driving accuracy and regulatory compliance in loan loss provisioning.
FINANCIAL PLANNING:
- Oversees the bank's financial forecasting, ensuring the regular refinement of projections and predictive models each quarter.
- Directs the annual budgeting cycle, culminating in the presentation and approval of the final budget by the Board.
- Works in concert with the bank’s external auditors and tax consultants to employ strategic tax planning methods, aiming to optimize the bank’s tax position while leveraging low-income housing tax credit partnerships and acquiring Vermont tax credits.
- Spearheads the analysis and implementation of new business opportunities, including the establishment of branch offices, divisions, asset acquisitions, and the introduction of new financial services.
TREASURY & CAPITAL MANAGEMENT:
- Steers the management of the bank’s investment portfolio, aiming for an optimal mix of returns, risk mitigation, and liquidity, reflective of the bank’s financial strategy.
- Monitors the bank’s performance to assure compliance with prescribed regulatory and board-mandated capital ratios and thresholds.
- Develops and manages the bank’s comprehensive capital plan, detailing capital adequacy strategies and capital deployment.
- Designs and supervises the capital expenditure budget to ensure it supports the bank's long-term growth and strategic objectives.
ASSET & LIABILITY MANAGEMENT:
- Chairs the bank's Asset & Liability Committee (ALCO), steering key financial decisions to balance earnings and liquidity while managing interest rate exposure. The committee convenes monthly to assess economic trends, loan demand, cash flow forecasts, and to adjust deposit and lending rates when needed.
- Oversees the upkeep and relevance of the bank's ALCO policy, guaranteeing that it remains aligned with the Board's guidelines and meets regulatory standards. This includes the periodic review and updating of the Contingency Funding Plan to ensure it is current and effective.
REGULATORY COMPLIANCE & REPORTING:
- Upholds adherence to all pertinent financial regulatory mandates as stipulated by the Vermont Department of Financial Regulation, the Federal Reserve, and the FDIC.
- Diligently prepares, certifies, and ensures the punctual submission of the FFIEC 051 Call Report on a quarterly basis.
- Collaborates with team members to facilitate and expedite a smooth and effective annual financial audit with external auditors.
- Coordinates with tax advisors to ensure the accurate and timely filing of the bank's federal tax returns.
RISK MANAGEMENT:
- Collaborates with the bank’s Chief Operating Officer/Chief Risk Officer to formulate and execute annual internal audit schedules, guaranteeing the financial functions' audits are concluded on time and any findings are addressed promptly.
- Ensures the procurement and maintenance of sufficient insurance coverage to protect against fraud, property damage, and liability losses.
- Advances and applies robust financial and accounting systems, methodologies, and instruments to reinforce and streamline internal controls.
STRATEGIC FINANCIAL PLANNING:
- Collaborate with the CEO and executive team in setting and driving the organizational vision, operational strategy, and staffing needs specific to financial operations.
- Translate the organization’s strategy into actionable financial goals, facilitating organization-wide financial goal setting, performance management, and annual budgeting processes.
Financial Leadership & Development
PROMOTE A CULTURE OF FINANCIAL EXCELLENCE:
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Champion a culture of high performance and continuous improvement within the finance department and across the institution, emphasizing learning, quality, and adherence to key performance indicators—keeping staff Interested, Informed, Involved, and Inspired. Lead by example to motivate team members to excel in their roles and passionately contribute to the bank’s success.
MENTORSHIP & PROFESSIONAL GROWTH IN FINANCE:
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Mentor and develop the finance team using a supportive and collaborative approach, ensuring all team members are engaged with the bank’s financial goals and understand their role in achieving these objectives. Encourage active participation in initiatives and decision-making processes, fostering a strong sense of purpose and enthusiasm for their financial roles. Set clear and achievable objectives, establish priorities, and monitor and evaluate financial results to ensure alignment with the bank’s overall objectives.
FOSTERING COMMUNICATION & COLLABORATION:
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Encourage open communication and collaboration across all levels of the organization, with a focus on financial transparency. Implement strategies that keep the finance staff well-informed about significant developments, involve them in addressing financial challenges, and inspire innovative financial solutions. Recognize and celebrate financial achievements that contribute to both the banks and the individual’s success, reinforcing the value of each team member’s contribution to financial management.
Education, Skills & Experience Requirements:
- Bachelor’s degree in Finance, Accounting, Business Administration or related field; CPA or MBA a plus.
- Minimum of 10 years of experience in accounting and finance roles in a depository institution with at least 3 years in a leadership position.
- Comprehensive knowledge of accounting principles, financial markets, banking regulations and strategic financial planning and budgeting.
- Demonstrated leadership abilities, with excellent written and verbal communication and analytical skills, including excel and data query tools.
- Supervisory experience.
- Familiarity with Jack Henry’s Silverlake core a plus.
Teller Supervisor
BRATTLEBORO, MAIN OFFICE
The Teller Supervisor demonstrates proven proficiency of the Teller duties and is familiar with all policies, procedures, and regulations that pertain to that role. Under the direction of the Branch Manager this position leads the teller team to meet and exceed branch and corporate goals and customer satisfaction targets.
Duties and Responsibilities
- Through a team approach, the Teller Supervisor maintains and demonstrates a strong commitment to superior customer service and sets an example for others through the following ways but is not limited to: quickly making eye contact and providing a friendly greeting to all customers in the bank, using customer’s name during transaction, thanking the customer for their business and finding other ways to create friendly, professional rapport.
- Demonstrates ability to maintain an efficient back-office operation including night depository, ATM replenishment and balancing, cash orders and shipment, vault and monetary instrument management, safe deposit box access and record retention. The tellers are also responsible for signature card management of new and closed accounts.
- Can assist and resolve complex transactions, provide teller overrides, complete out of balance research and is a resource to others on the team. Maintains useful management reports such as transaction volumes and teller overs/shorts.
- Is familiar with, and demonstrates knowledge of, security protocol, including physical plant security, robbery procedures, cash & drawer limits, wire and check signing limits, vault security and customer protection and privacy. This includes the Bank’s information technology use policies.
- Demonstrates sound understanding of Reg. CC holds, check endorsements and check negotiability, all within the established policies and procedures of the Bank. Is proficient at handling foreign currency transactions, cash advances and credit card payments, as well as savings bond redemption.
- As delegated by the Branch Manager, oversees the completion of the quarterly cash audits, end of year record retention, Reg. CC review and dual control validation and recordkeeping.
- Works with the IT team to trouble shoot and resolve basic technology issues and to identify ways to improve the teller system, particularly as it relates to transaction processing and false CTRs.
- Works with Loan Servicing and Collections to ensure that loan payments are posted correctly, and alert messages are being followed. Works with the Banks’ BSA officer to ensure that CTRs are being completed correctly.
- In conjunction with the Branch Manager may lead group training and team building exercises and assist with performance reviews. Works with Branch Manager to address disciplinary action required.
- Performs other duties as assigned.
Education, Skills & Experience Requirements
- High School Degree or equivalent experience.
- Three to five years of teller experience.
- Knowledge of banking regulations.
- Organized and detail oriented.
- Effective interpersonal skills including listening skills.
- Effective verbal and written communication skills.
- Strong computer skills.
- Ability to handle multiple priorities and provide excellent follow-through.
Teller
BRATTLEBORO, MAIN OFFICE
The Teller is responsible for providing fast, friendly, and efficient service to customers in the handling of their banking transactions and requests for information while maintaining proper security procedures at all times. This is a full-time position. Some Saturdays will be required.
Essential Duties & Responsibilities
- Provides friendly, fast, and efficient service to customers by handling deposits, withdrawals, cashing checks, closing accounts, processing loan payments, and payoffs, selling traveler’s checks, processing cash advances, selling and redeeming bonds, etc. Providing access to safe deposit boxes, re-pinning debit and ATM cards, and helping with customer concerns and questions. Responds to customer’s requests for information regarding banking services and cross sells as appropriate. Refers more complex transactions to the appropriate team member.
- Performs daily responsibilities such as processing night drop deposits and mail transactions. Prepares recap sheets for Finance Department. As requested, opens and closes branch following proper operational and security procedures.
- Counts, proves, and packages currency and coin.
- Balances daily according to procedures.
- Maintains superior customer service through the following ways but is not limited to: quickly making eye contact and providing a friendly greeting to all customers in the bank, using customer’s name during transaction, thanking customer for the business and finding other ways to create a friendly professional rapport with customer.
- Maintains a neat work area and maintains customer confidentiality.
- Works with the rest of the Retail banking team and other operational areas using good communication and a positive attitude to maintain a team atmosphere.
- Performs other duties and responsibilities as assigned.
Education, Skills & Experience Requirements
- Basic computer skills
- Excellent math skills
- Excellent oral communication skills
- Ability to interact with variety of personalities
- Ability to cross sell bank products
- Strong interpersonal skills
Physical Requirements
- May be required to lift up to 50 lbs.
- Will be required to move bags or other containers of coins
- Will be required to stand for extended periods of time
- Extensive keyboarding required
- Occasional bending and stooping required
