Chief Technology Officer

TAWANI Enterprises, Inc. • Chicago, IL, US • 1w ago

POSITION DESCRIPTION SUMMARY STATEMENT: The Chief Technology Officer (CTO) is responsible for overseeing all technological aspects of the company. The CTO works with Executive Management to attain the strategic goals of the company through a proactive and practical approach. The CTO will report to the President/CEO. ESSENTIAL POSITION QUALIFICATIONS:

BS/BA in Computer Science ore related field
Master’s Degree in a related field preferred
At least 10 years of experience in a managerial capacity in information technology in an in-house position
Excellent skills in both oral and written communication
Strong presentation skills
Problem-solving skills
Establish and chair the IT Steering Committee
Ten plus years of large project management experience on software procurement and implementation including enterprise financial software
Ten plus years of risk mitigation experience

PRIMARY RESPONSIBILITIES:

Must be able to evaluate IT services to be provided in-house and what to outsource
Must develop a reasonable budget for a company of our size and scope and operate within the budget with approvals for exceptions.
Must be able to understand each entity and how they operate so as to provide strategic guidance to every IT project for each entity/department.
Must be up to date with cyber security trends and implement effectively in the businesses. Cyber security is a top concern for our organization.
Must be able to create / write policies and procedures for IT department and the organization.
Must be a good fit culturally for our organization understanding the chain of command, to work effectively with the team and to understand the objective for each project.
Must be empathetic and respectful and be a good leader.
Must be accountable to the organization and employees while also holding the team accountable. Must be proactive.
Must be able to work productively with each department (HR, Legal, Investments, Accounting (both departments), NFP’s)
Risk mitigation and compliance for entire organization

OBJECTIVES AND DUTIES:

Strategic Leadership:
- Develop and implement the company's technology strategy, aligning it with business objectives and the Strategic Technology Plan.
- Identify and evaluate emerging technologies and their potential impact on the business.
- Provide recommendations and carry out as needed to senior management on technology-related decisions and investments.
- Lead technology procurements and implementation

Technology Management:
- Oversee the company's technology infrastructure, including hardware, software, and networks.
- Manage the technology budget and resources effectively.
- Develop and maintain the ROI model, as necessary
- Ensure the security and integrity of the company's technology systems.
- Manage the company's technology teams, including hiring, training, and performance management.

Innovation and Development:
- Drive innovation and the development of new products and services.
- Lead the development and implementation of new technologies.
- Ensure that the company's technology is up-to-date and competitive.
- Approval of all IT projects based on IT Strategic Plan and standards
- Ensure that all technology solutions are reliable, secure, and compliant with industry regulations

Risk Mitigation:
- Identifying, assessing, and mitigating technology-related risks, ensuring compliance with regulations, and developing strategies to protect the company's data and systems.
- Risk Identification and Assessment:
  - Proactive Risk Identification: Proactively identify potential risks, including cybersecurity threats, data breaches, regulatory compliance issues, and operational vulnerabilities.
  - Vulnerability Scans: Regularly conduct vulnerability scans and penetration testing to identify weaknesses in systems and applications.
  - Threat Modeling: Use threat modeling techniques to understand potential attack vectors and vulnerabilities.
- Risk Mitigation and Management:
  - Security Controls: Implement and maintain robust security controls, including firewalls, intrusion detection systems, and access controls.
  - Data Protection: Implement data encryption, access controls, and data loss prevention measures to protect sensitive information.
  - Compliance: Ensure compliance with relevant regulations, such as GDPR, CCPA, and industry-specific standards.
  - Incident Response: Develop and maintain a comprehensive incident response plan to address security incidents effectively.
  - Business Continuity: Plan for and implement business continuity measures to ensure that the organization can continue to operate in the event of a disaster or outage.
  - Vendor Risk Management: Evaluate and manage risks associated with third-party vendors and suppliers.
- Technology Strategy and Implementation:
  - Technology Selection: Choose technologies that are secure and reliable, and that meet the organization's risk management needs.
  - Infrastructure Design: Design and implement secure and resilient technology infrastructure.
  - Security Awareness: Promote security awareness and training among employees.
  - Collaboration: Collaborate with other departments, such as IT, legal, and compliance, to ensure a holistic approach to risk management.
  - Technology Risk Management Framework: Develop and maintain a comprehensive technology risk management framework that addresses both emerging risks and operational challenges.

Communication and Collaboration:
- Communicate technology strategies and plans to internal and external stakeholders.
- Collaborate with other departments and teams to ensure that technology supports their needs.
- Serve as a technical advisor to the Chairwoman, Chief Executive Officer and other senior executives and departments.

Other Important Tasks:
- Ensure compliance with relevant regulations and standards.
- Develop and implement disaster recovery plans and business continuity strategies.
- Stay informed about the latest technological trends and advancements.

SKILLS AND QUALIFICATIONS:

Technical Expertise: Strong understanding of various technologies, including software, hardware, networking, and cybersecurity.
Strategic Thinking: Ability to develop and implement long-term technology strategies.
Leadership and Management: Ability to lead and manage technology teams effectively.
Communication and Interpersonal Skills: Ability to communicate technical concepts clearly and effectively to both technical and non-technical audiences.
Problem-Solving and Analytical Skills: Ability to identify and solve complex technical problems.
Business Acumen: Understanding of business principles and how technology can drive business growth.

OTHER:

Detail oriented
Able to handle multiple projects at once
Foster collaboration and excellent interpersonal skills and the ability to interact with all levels of staff
Ability to manage a team with diplomacy and collaborative leadership style which puts value on relationships and collaboration, both internal and external
Ability to collaborate and encourage collaboration in a team environment, and ability to work independently and prioritize work
Additional duties as needed and assigned