Chief Strategy Officer

Community & Regional Banks

New York, NY


Smith and Wilkinson is currently retained by Carver Federal Savings Bank to manage the search for the newly created role of Chief Strategy Officer.

Carver was founded in 1948 to serve African-American communities whose residents, businesses, and institutions had limited access to mainstream financial services.  Today, Carver is one of the largest African-American operated banks in the United States.  Since its inception, the Bank has continuously been headquartered in Harlem, and most of our eight branches and 24/7 ATM Centers are located in low- to moderate- income neighborhoods.  Carver Bank has been designated by the U.S. Treasury Department as a Community Development Financial Institutions (CDFI) because of Carver’s community-focused banking services and dedication to the economic viability and revitalization of underserved neighborhoods (” 

The bank maintains its original mission by reinvesting approximately 80 cents of all deposit dollars back into the local market.  Carver has approximately $700MM in total assets and 100 team members, offers a robust product suite of consumer and business deposit and loan products, and in addition to its 8 retail locations, offers all of the online and mobile solutions that today’s customers expect.  The bank has an almost $500MM loan portfolio, 90% of which is secured by real estate, and has a solid capital base of 10% core capital.

Reporting to the bank’s President & CEO, the Chief Strategy Officer (CSO) will join a collaborative senior management team at this storied financial institution.  The CSO will play a key leadership role on critical financial planning, reporting, and operational matters to help shape the bank’s strategic direction, while balancing the dual purposes of serving local communities and maximizing shareholder value.  General responsibilities will include serving as liaison on key financial matters and indicators with bank leadership and stakeholders, overseeing reporting deadlines and requirements, leading the strategic and capital planning process, and in investor relations and vendor management.  We are seeking a well-rounded and forward-looking banking executive with a strong foundation in finance and accounting for this strategic leadership role.  Successful candidates will exhibit expertise in accounting and the rules and regulations governing publicly traded banks, excellent communication skills and executive presence, and demonstrated leadership abilities, including the development and motivation of team members.

For a confidential discussion about this very unique community bank leadership role, please contact: Stephen Peary, Partner, Financial Services Practice ( or Cameron Boyd, Managing Partner, Financial Services Practice (

Smith & Wilkinson