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CIO, Optum Bank

AT UnitedHealth Group
UnitedHealth Group

CIO, Optum Bank

Draper, UT

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.

Join Optum Bank's mission of becoming the bank of health care that addresses the spending, borrowing, and saving needs of millions of consumers, employers, providers, and payers. This crucial role in focused on driving technology innovation and growth in the banking and health care sector. The role of Chief Information Officer (CIO) is to lead and execute the technology strategy, regulatory compliance, and overall technology operations of the bank.

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You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.

Primary Responsibilities:

  • Technology Strategy and Execution:
    • Provide executive leadership, direction, coordination and control over the Bank's technology programs, budget, services and resources necessary to support the mission and operations of the Bank (and applicable policies, directives, and regulations)
    • Develop and implement a comprehensive technology strategy aligned with the bank's business goals and long-term vision
    • Oversee the development, implementation, and maintenance of technology systems, infrastructure, and applications
    • Ensure the security, availability, and reliability of the bank's technology platforms
  • Regulatory Compliance:
    • Stay current with banking regulations and ensure the bank's technology operations comply with all applicable laws and regulations
    • Collaborate with internal stakeholders (including legal, and compliance teams) to develop and execute regulatory compliance strategies
    • Implement and maintain robust controls, policies, and procedures to mitigate technology-related risks
  • Board Representation:
    • Serve as a technology expert and advisor to the bank's board of directors
    • Present technology strategies, initiatives, and performance updates to the board
    • Collaborate with other members of the executive team to align technology strategy with the bank's overall business strategy
  • Commercial and Consumer Lending:
    • Leverage expertise in commercial and consumer lending to support the bank's asset generation goals
    • Help identify opportunities for direct-to-consumer lending via partnerships with established players
    • Develop & enable lending products and distribution channels to rapidly scale the bank's lending business
    • Identify potential M&A and strategic partnership opportunities that align with the bank's lending strategy
  • Mergers & Acquisitions:
    • Provide bank technology subject matter expertise in mergers and acquisitions, ensuring seamless integration of technology systems and operations
    • Assess potential technology risks and opportunities associated with M&A activities
    • Collaborate with cross-functional teams to execute successful mergers and acquisitions
    • Solid partnerships and industry connections with leading Fintech organizations to inform build vs buy decision making

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

  • 10+ years of proven experience in a senior technology leadership role within the Banking industry
  • Demonstrated knowledge of Banking regulations and compliance requirements
  • Deep domain expertise in commercial and consumer lending, including direct-to-consumer lending and partnerships
  • Experience developing and executing technology strategies to enable business goals
  • History of cultivating effective working relationships with cSuite leaders and key business partners to drive business agendas
  • Track record of success building scalable technology solutions using Agile methods
  • Track record of successful merger and acquisition due diligence & technology integration
  • Demonstrated strategic thinking abilities and an enterprise-wide perspective
  • Success leading global software engineering teams of 50+ people
  • History of developing future leaders through coaching, mentoring & succession planning
  • Experience budgeting, forecasting & managing capital budgets
  • Leadership style which fosters accountability, transparent communication and innovation
  • Demonstrated high level of emotional intelligence
  • Proven outstanding collaboration, influencing, problem solving, conflict management and negotiation skills
  • Excellent analytical, communication, interpersonal and problem-solving skills
  • Bachelor's degree in a relevant field (e.g., Computer Science, Information Systems, Business Administration) or equivalent experience

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.

Client-provided location(s): Draper, UT, USA; Eden Prairie, MN, USA
Job ID: UHG-2220161
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • HSA
    • On-Site Gym
    • HSA With Employer Contribution
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
  • Work Flexibility

    • Remote Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Leave of Absence
    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
  • Financial and Retirement

    • Relocation Assistance
    • Performance Bonus
    • Stock Purchase Program
    • 401(K) With Company Matching
    • 401(K)
  • Professional Development

    • Promote From Within
    • Shadowing Opportunities
    • Access to Online Courses
    • Tuition Reimbursement
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program

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