Graduate School of Banking is seeking an innovative and collaborative leader to serve as President & Chief Executive Officer for the Graduate School of Banking and its affiliate, the Prochnow Educational Foundation. The President & CEO has the responsibility for and authority necessary to direct the academic and business affairs of the School and Foundation to achieve the Board of Trustees’ policies, program objectives, and strategic priorities. This includes GSB’s main graduate School of Banking program, specialty schools, online seminars, and the FiSim bank management simulation product.
Effective strategic leadership with the ability to forecast strategic priorities and needs of the organization focused on program and enrollment growth.
Innovative thought leader with management experience in evolving finance and educational industries/sectors.
Strategically lead the exploration of, and direction for, innovation for the banking education industry.
Work with the Trustees and GSB/PEF advisory boards and committees in developing, assessing, and implementing the organization’s long-range strategic plan.
Effectively monitor and address the needs of the changing landscape of the banking industry.
Professional Relations and Communications
Build and enhance relationships with the GSB Banker Advisory Board and alumni, GSB Curriculum Advisory Committee and faculty, officials at the University of Wisconsin Madison, sponsoring state bankers associations, current and prospective students, other graduate schools, and partner organizations.
Serve as the primary liaison for the GSB/PEF Board of Trustees.
Effectively represent GSB/PEF as a public spokesperson and ambassador.
Oversee the public image and brand of GSB as a premier banking education program.
Operational and Human Resource Management
Lead and manage a hybrid staff of 8 employees and 100+ faculty members who are independent contractors.
Serve as the primary human resource management contact and administrator for the organization which includes performance management, employee benefits and compensation, and organization structure.
Manage the operational structure of the organization to accomplish its mission and meet the financial goals of GSB/PEF.
Manage an annual budget of $4 million, total combined assets for GSB/PEF of $10 million.
Partner with the CFO in developing the annual budget, budget processes, financial projections, forecasting, and monitoring ongoing financial activities.
Industry Thought Leader
Ability to anticipate market shifts, technological advancement, and industry trends, leading proactive initiatives to capitalize on emerging opportunities in the education sector related to banking.
Lead the development and evaluation of educational programs and tools for the banking industry.
Demonstrate strong aptitude for technology and primary oversight of GSB’s FiSim bank management simulation product including R&D decisions with hired software management companies to identify additional target uses outside of GSB; financial and business plan oversight; and ongoing platform maintenance for the best student experience possible.
Manage and deliver high-quality educational programs through various delivery methods including in-person, virtual, hybrid, and flexible learning.
Assure high-quality curriculum, sustainable educational programs, platforms, and tools that serve the school’s missions.
Application & Selection Process
Graduate School of Banking has exclusively retained The QTI Group to conduct the search for their new President & Chief Executive Officer. The QTI group is a comprehensive human resources advisory services firm founded in 1957. QTI Is headquartered in Madison, WI.
Target Start Date: June 1, 2024. This provides an opportunity for onboarding and a smooth transition with the retiring President & CEO.
Compensation Range: $175,000 – $240,000, with the potential for an annual bonus of up to 15%.
Employee Benefit Highlights: Comprehensive benefits package includes generous employer contribution toward family health insurance premiums and HAS account; 100% employer-paid Dental, Vision, and Life insurance. Affordable group rates for Dependent Life and Long-Term Disability insurance are available; and substantial 401(k) employer contribution of up to 10%.
The Graduate School of Banking is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
10+ years of Senior Leadership in banking, financial services, or higher education with at least 3 years in an Executive level position.
An appreciation of academics and an understanding of adult education in the banking and financial services industry, including demonstrated leadership in the development of educational programs and tools.
Proven track record of cultivating and leveraging strategic industry collaborations and relationships that drive innovation and program results.
Demonstrated financial acumen and experience managing multi-million-dollar budgets.
Bachelor’s degree in banking, finance, business, or related degree.
Since 1945, the Graduate School of Banking at the University of Wisconsin–Madison (GSB) has been educating professionals and creating leaders in the financial industry.
When a financial professional chooses to attend the nation’s most comprehensive and respected banking school, they’ll benefit from a curriculum that is uniquely tailored to meet the professional development needs of today’s banking leaders. GSB’s in-depth courses and learning environment are designed to help professionals understand and address complex challenges in financial services. Students are actively involved in the learning process through bank simulations, computer labs, intersession projects, case studies, and unparalleled networking with peers. GSB instructors are widely recognized experts and teachers. Many are bankers, former bankers, economists, and industry consultants who bring real-world business savvy and practical, illustrative examples to the classroom. Since its inception, more than 23,000 bankers have graduated from a GSB educational program with many going on to positions of leadership in their organization, community, and financial industry.
GSB works with approximately 30 state banker...s associations and other respected regional and international organizations that assist in supporting and promoting GSB educational programs to their members. Each year, GSB hosts approximately 800 financial professionals for in-person educational programs listed above on the UW-Madison campus along with another 3,000 professionals via the GSB Online Seminar Series. This ranks GSB as one of the top advanced management educational providers in the country.
GSB’s affiliation with the University of Wisconsin-Madison, home to one of the top 15 business schools in the country, gives students access to world-class facilities and a vibrant campus community. GSB students come from around the world, from banks large and small, and with a wide variety of backgrounds and experience who share a passion for excellence and a desire to improve their banks and their careers.
The Herbert V. Prochnow Educational Foundation (PEF) was established in 1983 as a supporting organization to the Graduate School of Banking. It is named in honor of the founder of the Graduate School of Banking, Herbert V. Prochnow (1897-1998).
GSB and PEF are both 501(c)(3) not-for-profit organizations. It is governed by a Board of Trustees comprised of the managing executive officers of the eighteen states that are members of the Central States Conference of Bankers Association. In addition, a representative of the University of Wisconsin-Madison serves on the Board.