020 CONTROLLERS ASSISTANT CONTROLLER

Build Your Career with a Bank That Stands for More

For 100 years, Bank of Labor has been a trusted financial partner for businesses in the Kansas City region. We are uniquely positioned as the leading Labor-focused Financial Institution (FI) whose strategic initiatives have set a national course to serve the needs of Labor Unions across the entire country. Expertise in specialized financing has enabled us to provide debt capital for the construction of training centers from coast to coast. And because we enjoy a national reputation for our Trust Services and Treasury product offerings, our Labor relationships are comprehensively served. Bank of Labor is the only majority-owned and operated bank in the nation whose focus combines deep industry expertise with modern banking solutions to serve Labor organizations, businesses, and consumers. We are approaching a significant milestone in asset growth!

Bank of Labor doesn’t just provide financial services—we champion the values of integrity, resilience, and community. Our team of professionals plays a vital role in maintaining strong internal controls, risk management, and regulatory compliance, ensuring that we continue to uphold our mission while driving innovation in banking.

We are seeking to add top talent to our ranks with a leader driven to help shape the future of our franchise. If you’re a strategic thinker with a passion for excellence and leadership, Bank of Labor offers the opportunity to make a meaningful impact in an organization that values expertise, collaboration, and innovation.

Join a team where your work matters—at a bank with a legacy of strength and a future of opportunity.

020 CONTROLLERS - Assistant Controller

JOB SUMMARY:
Manages the bank’s daily accounting operations, including correspondent banking, reconciliations, wire processing, accounts payable, investment accounting, and financial reporting. Assists with the management of the bank’s accounting systems, cash management, and financial analysis. Responsible for ensuring a well-trained and efficient staff.

KNOWLEDGE, SKILLS & ABILITIES REQUIRED:

• A bachelor’s degree and three years’ minimum experience in the field of accounting or finance is required, with a solid understanding of Generally Accepted Accounting Principles, banking, business systems, and economics. Strong written and oral communication skills. CPA preferred.
• Strong interpersonal skills, including interviewing, performance appraisal, and the ability to convey difficult, complex, and critical information.
• Proficiency with accounting systems and Microsoft Office Suite; experience with core banking systems a plus.
• Understanding of internal control frameworks, risk management, financial analysis, process improvement, and the ability to teach these skills to others.
• Successful experience in managing accountants, demonstrating the managerial skills of planning, organizing, and directing. High ethical standards and attention to detail.

PRIMARY RESPONSIBILITIES / EXPECTATIONS:
Note: The total weighting cannot exceed 100%. Each percentage reflects the value of the responsibility, not the time spent.

• Job Performance Behaviors: Contributing to organization success, job effectiveness, relationships and customer satisfaction. (Weighting Percentage: 25%)
• Contributes to effective bank management by participating positively in the development and execution of policies and strategies to achieve long and short-term goals, improve efficiency and comply with regulations. (Weighting Percentage: 15%)
• Ensures that the department is effectively staffed through proper selection, training, and development of accounting personnel. (Weighting Percentage: 20%)
• Directs the activity of the accounting department to ensure work adheres to policy and sound controls and support processes are in place. (Weighting Percentage: 20%)
• Support business activities to accomplish company objectives relating to profitability, risk management and growth. (Weighting Percentage: 20%)

SPECIFIC DUTIES:

• Manages and trains staff, ensuring that the accounting department is properly selected, trained, developed, evaluated, and motivated.
• Manages correspondent bank relationships, accounts payable, wire processing, and investment accounting operations, including daily settlement of cash position, posting transactions, reviewing accounting reconciliations, safekeeping and borrowing requirements. Responsible for the accounting of fixed assets, prepaid expenses, and operating leases.
• Ensures that all financial reports are prepared accurately and submitted to management and/or governmental agencies as required. Coordinates departmental reporting process with other areas and updates reports to be useful and effective.
• Prepares tax estimates and assists the CPA firm with the preparation of returns and compliance with applicable tax laws.
• Maintains the bank’s system of accounts and keeps book and record of all bank and affiliated entity transactions and assets.
• Participates in the evaluation and implementation of new accounting and financial systems.
• Prepares documentation for and interacts with regulatory examiners, external financial auditors, FDICIA assessors, and internal auditors.
• Provides backup for Senior Corporate Controller, Staff Accountant, Investment/Wire Transfer Accountant, and Accounting Clerk.

SECONDARY RESPONSIBILITIES:

• Improve and maintain efficient operation of the accounting department, taking advantage of automated processes and implementing time-saving systems.
• Perform other duties as assigned or deemed necessary by the Senior Corporate Controller or CFO to ensure the continuous workflow of daily operations.

GROWTH & DEVELOPMENT:

• This role is intended as a developmental role, preparing the incumbent to assume full Controller-level responsibilities as part of the bank’s succession plan. The incumbent will receive mentorship from the Senior Corporate Controller and CFO, participate in leadership development programs, and gain exposure to strategic financial planning, regulatory compliance, and board-level reporting.

PHYSICAL REQUIREMENTS:

• Standing, walking, sitting.

CONTACTS:

• Internal: all bank departments
• External: auditors, examiners, Board of Directors, shareholders, other financial institutions

We thank all applicants in advance for their interest in this position, however, only those selected for an interview will be contacted.