CTO

W.R Rosato & Associates - Shrewsbury, NJ

Full-time - Executive

Shrewsbury, NJ

Professional, Scientific, and Technical Services

About the position

The Chief Technology Officer (CTO) is a pivotal role within the organization, tasked with establishing the company's technical vision and leading all aspects of technology development. This position is not only responsible for maintaining existing systems but also for providing strategic direction in all technology-related issues that support the company's information operations. The CTO plays a crucial role in setting the strategic direction of the company, guiding its development and future growth, and positioning the company's service offerings as a leader in the treasury technology industry. In collaboration with the CEO and the Executive Vice President of Product Management, the CTO will establish and guide the roadmap for the company's products and services. In this role, the CTO will oversee the engineering team, which includes development, IT, and Quality Assurance (QA). Key performance highlights for the CTO include managing the development of products in a cost-effective manner while adhering to quality standards, overseeing the production engineering department to maximize efficiency in the design and production of treasury-based products, and ensuring that products are developed on schedule and within budget. The CTO will also be responsible for ensuring that customer support meets the required levels of customer satisfaction, reviewing and approving the department's operational and project budgets, and establishing financial benchmarks and projections as products and sales increase. The CTO will formulate and recommend operational policies and programs that guide the organization in maintaining and improving its competitive position and profitability. This includes achieving optimum labor, overhead, and material costs, evaluating and approving new headcount and employee performance, and driving the company to achieve and surpass its sales, profitability, cash flow, and business goals and objectives.

Responsibilities

• Establish the company's technical vision and lead all aspects of technology development.
• Maintain existing systems while providing direction in technology-related issues.
• Set the strategic direction for the company in the treasury technology industry.
• Collaborate with the CEO and EVPO of Product Management to establish the product roadmap.
• Manage the engineering team, including development, IT, and QA.
• Oversee the development of products in a cost-effective manner within quality standards.
• Ensure production engineering attains maximum efficiency in product design and production.
• Direct activities to ensure products are developed on schedule and within budget.
• Ensure customer support meets required levels of satisfaction.
• Review, analyze, and approve operational and project budgets for the department.
• Establish financial benchmarks and projections as products and sales increase.
• Formulate and recommend operational policies to maintain competitive position and profitability.
• Achieve optimum labor, overhead, and material costs.
• Evaluate and approve new headcount and employee performance.
• Drive the company to achieve and surpass sales, profitability, cash flow, and business goals.

Requirements

• BS/BA in computer science, business administration, or related major, or equivalent combination of education and experience.
• Demonstrated ability to envision and architect web-based services that meet consumer needs or solve business problems.
• Minimum of 15 years of professional experience in technology.
• Minimum of 7 years of experience managing tech teams.
• Extensive experience with Microsoft tools, including C#, .Net, and SQL.
• Experience in Back Office systems and knowledge of financial services technology.
• Strong business acumen and proven executive management abilities.
• Ability to communicate effectively with management and development teams.
• Experience with startup companies and hands-on coding in popular web application frameworks.
• Familiarity with multiple software development methodologies and web standards.
• Knowledge of Internet protocols, database management systems, SWIFT standards, and revision control systems.
• Familiarity with information security vulnerabilities and risk management.

Nice-to-haves

• Graduate degree in computer science, business administration, or related field.
• Experience in consumer privacy and payments industry compliance requirements.
• Exposure to business theory, business process development, governance processes, and budgeting.