ABOUT US

Here at MVB, our company culture defines the environment in which Team Members thrive. Our culture impacts a wide range of elements, including our purpose, values, expectations and goals that support growth and engagement – it is the secret sauce of our organization!

Our values live at the core of all that we do – Trust, Commitment, Teamwork, Adaptive, Respect, Love and Caring are our foundation for success. We are committed to fostering an environment focused on diversity, equity and inclusion, and we welcome Team Members from all walks of life. Join Team MVB today!

MVB Financial Corp. (“MVB Financial” or “MVB”), the innovative financial holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Through its subsidiary, MVB Bank, Inc., (“MVB Bank”) and the bank’s subsidiaries, MVB provides services to individuals and corporate clients in the Mid-Atlantic region, as well as to Fintech, Payment and Gaming clients throughout the United States. For more information about MVB, please visit www.mvbbanking.com.

Candidates must reside in one of the following states: West Virginia, Virginia, Texas, Florida, Ohio, Pennsylvania, Maryland, Washington D.C., New York, New Jersey, Arkansas, Alabama, Arizona, Delaware, Indiana, North Carolina, Georgia. 

ABOUT THE ROLE

The Chief Deposit Officer (CDO) is responsible for overseeing and managing deposit-related activities at MVB Bank. The CDO develops and implements strategies to grow and maintain the bank’s deposit base, enhance customer relationships, and ensure the profitability and competitiveness of deposit products. This individual works closely with other executives and operational teams to align the overall strategy with deposit growth initiatives while adhering to regulatory standards.

WHAT YOU’LL DO

Develop and execute MVB Bank’s deposit growth strategy to increase market share, balance sheet growth, and overall profitability. Provide leadership oversight and guidance to the teams fueling deposit-related activities, including MVB’s Commercial, Specialty Deposits, Banking Centers, and Digital Banking teams. Identify and implement innovative deposit products, including fintech deposits, and services tailored to the needs of individual and business customers. Lead the creation, management, and enhancement of deposit products and services ensuring they meet the needs of our client base.Collaborate with executive leadership to align deposit growth initiatives with the bank’s overall strategic plan. Lead the design, pricing, and management of deposit products and ensure that deposit products remain competitive in the market by analyzing industry trends, customer behavior, and competitor offerings. Oversee customer retention programs to reduce attrition and improve the lifetime value of deposit relationships. Develop and implement customer acquisition and engagement strategies to grow deposit accounts across various customer segments. Foster a strong relationship with key business and retail clients to drive deposits and ensure customer satisfaction. Lead initiatives to improve the customer experience and loyalty, leveraging technology to optimize service delivery. Oversee all deposit-related processes to ensure a seamless client experience. Ensure all deposit activities comply with federal and state regulations, including adherence to FDIC and other banking requirements. Manage deposit-related risks by developing and enforcing internal controls and policies that safeguard the bank’s financial assets. Work closely with risk management, legal, and compliance teams to ensure deposit operations meet all regulatory obligations. Monitor and report on the financial performance of the deposit portfolio, ensuring alignment with profitability and liquidity goals. Analyze performance metrics and make data-driven decisions to optimize deposit pricing and account structures. Use data and research to stay informed about industry trends, customer preferences and competitor products. Collaborate with the finance department to forecast deposit growth and its impact on the bank’s financial position. Build, lead, and mentor a high-performing deposit management team to support growth objectives. Create a culture of accountability, excellence, and customer-centricity within the deposit team.

EDUCATION & WORK EXPERIENCE

10+ years of banking experience, with at least 5 years in an executive or senior management role, focusing on deposits and treasury management. Bachelor’s degree in Finance, Business Administration, or a related field or Master’s degree preferred. Strong understanding of banking regulations, deposit products, and financial services. Proven track record of growing and managing a deposit portfolio in a competitive market environment. Experience managing sales teams and developing incentive programs preferred. Excellent leadership, communication, and relationship-building skills. Local market knowledge and the ability to develop, retain and expand relationships a plus. Ability to set long-term strategies for deposit growth and align them with the bank’s overall goals. Past experience leading high-performing teams, fostering collaboration, and driving a high-performance culture. Strong competence in analyzing financial data, market trends, and competitor actions to inform decision-making.

BENEFITS AT MVB

MVB Financial Corp., (“MVB”) offers an excellent selection of benefits for regular, part-time and full-time Team Members, including:

Medical, Dental and Vision Insurance Health Savings Account (HSA), Health Reimbursement Account (HRA) & Flexible Spending Accounts (FSA) Short- and Long-Term Disability Plan Group Life Insurance 401K Salary Deferral Plan Wellness Program Education & Tuition Expense Reimbursement PTO and Unique Vacation Purchase Program Nationwide Pet Insurance Coverage

We encourage you to submit an application even if you haven’t performed every job duty listed above, as your skills may be transferrable. MVB is looking for ambitious individuals with related knowledge, understanding and abilities who are willing to learn and grow. What we care about most is allowing you to develop and, in return, you help us become a stronger, more diverse and well-rounded organization.