Chief Deposit Officer - Baltimore - Stone Hendricks Group

    Stone Hendricks Group
    Stone Hendricks Group Baltimore

    1 day ago

    Banking / Loans
    Description

    Chief Deposit & Marketing Officer (Growth Leader)

    Location: Baltimore, MD (Field / Local Remote) Organization: Established Community Savings Bank Employment Type: Full-Time

    The Organization

    Serving the Baltimore community for over 100 years, this institution stands as a pillar of financial stability with a century-long track record of success. Operating as a highly specialized, intimate team, the bank prides itself on being a "Small Institution with a Big Impact."

    With a staff of approximately five dedicated professionals, the culture is agile, family-oriented, and defined by a "wear many hats" philosophy. Unlike many local competitors, the bank is committed to remaining independent and will not merge, offering long-term career security. This is an ideal environment for a professional who seeks autonomy, high visibility, and a workplace free from corporate micromanagement.

    The Opportunity

    We are seeking a high-impact, pioneering leader to serve as the Chief Deposit & Marketing Officer (also referred to as Chief Growth Officer). This is a newly created department and position designed for a "hunter" who wants to architect a growth strategy from the ground up.

    You will initially operate as a senior individual contributor, focusing on aggressive business development. As you achieve growth milestones, you will have the direct authority to scale the department and build a team under your leadership.

    Key Responsibilities

    • Drive Deposit Growth (#1 Priority): Lead "boots-on-the-ground" business development efforts to secure new commercial and retail deposits within the Baltimore market.
    • Strategic Marketing: Oversee and execute all marketing initiatives to increase brand visibility and support deposit acquisition.
    • Relationship Management: Transition existing professional networks to the bank and establish new, lasting B2B partnerships.
    • Department Leadership: Scale the department over time, recruiting and managing direct reports as growth targets are met.
    • Agile Execution: Act as both the high-level strategist and the primary executor of the bank's expansion plans.

    Candidate Requirements

    • Proven Growth Record: Extensive experience in managing and growing deposits through aggressive B2B sales and relationship banking.
    • "Hunter" Mentality: You must be energized by outside sales and possess a proven ability to generate measurable results quickly.
    • Small-Scale Fluency: Must be comfortable and thrive in an intimate setting where collaboration and personal accountability are essential.
    • Local Network: A strong, transferable "book of business" or professional network within the Baltimore business community is highly preferred.
    • Education: Bachelor's degree preferred.

    Compensation & Premier Benefits

    The organization offers a highly competitive package designed to attract top-tier talent from larger institutions:

    • Base Salary: $90,000 – $140,000 (Flexibility up to $150,000 for exceptional candidates).
    • Bonus Structure: Robust performance-based incentives tied directly to deposit growth and mix.
    • 100% Employer-Paid Benefits: Health, Life, and Short-Term Disability insurance are 100% paid by the employer.
    • Retirement: 401(k) with company matching.
    • Perks: Fully paid parking located immediately adjacent to the building.
    • Flexibility: A "Field/Local Remote" structure—we prioritize market results over a standard 9-to-5 desk presence.
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