Manager Management

S t e v e n C. J e n n i n g s

*** ***** ***** . ****** *****, MN 55974

P: 507-***-**** . C: 507-***-**** . E: ******.*.********@*****.***

February 10, 2011

RE: Chief Financial Officer

Dear Sir or Madam::

As an accomplished financial professional and information technology

manager, I am writing to express my interest in the CFO position within

your bank. I offer a unique blend of education and expertise in the areas

of banking, finance, business, management, development, operations,

information technology, information security, organizational planning and

project management, marketing, human resources, employee benefits, and

government regulation. I am seeking to expand the scope of my experience

and serve the needs of your bank through my substantial existing experience

and my life long commitment to learning. My resume is enclosed for your

review. I am also able to provide a more detailed experience summary and

references upon request.

Most recently as Chief Financial Officer, Chief Information Officer and

Chief Security Officer with Jennings State Bank, I demonstrated acumen

while fulfilling a variety of responsibilities. In addition to managing a

bank holding company, I performed executive management functions at the

bank. I chaired the banks Operations Committee and sat on the Executive

Committee that was also the steering committee for information security. I

chaired the ALCO committee. I created policies for the Board of Directors

approval, reported to the Board and served on the Board. I conducted

internal risk assessments, managed information systems, negotiated

contracts, and ensured compliance with regulatory requisites.

I understand the principals of asset liability management. I am skillful

at measuring the banks interest rate risk in multiple scenarios and then

having the granularity to manage the risk and take steps to mitigate

exposure with tools like interest rate swaps to move the IRR within

acceptable Board determined parameters.

My many years of banking transactional expertise include most every aspect

of banking. I was the go to person for operations and IT issues that

manager's or staff needed answers to. If I did not know the answer, I

found the answer. I provided the tools and resources people needed to do

their jobs.

In my position as CIO and CSO, I became familiar with ISACA's IT Standards,

Guidelines and Tools and Techniques for Audit and Assurance and Controls

Professionals; CobIT; NIST 800 Series; the FFIEC Examination Handbooks; and

other standards and methodologies through various resources including

continuing education and numerous white papers.

In the area of internal audit I have the breadth and depth to manage an

integrated audit encompassing both financial focus and information

technology and information security. This includes audit requirements for

PCI (payment card industry).

My grasp of information systems and information security has been certified

by ISACA by me attaining their Certified Information Security Manger (CISM)

and Certified Information Systems Auditor (CISA) certifications. These

certifications are respected internationally.

As CFO and CIO of the Jennings Title Company, I supervised all phases of

the company's start-up with respect to IT software, IT networking, audit,

reporting (both IT and financial) and interacted with the CEO and COO on

various matters.

Finally, I have substantial and broad lending experience.

I offer a strong work ethic and the ability to take on individual and team

member responsibilities as required. I also possess excellent interpersonal

and communication skills and am proven at establishing meaningful

relationships. My experience not only includes leadership duties, but also

working as an effective member on project or operations teams.

In conclusion, I am well qualified for this position because of my

experience, training and certifications. I am confident I will prove to

be a valuable addition to your banks executive management and welcome the

chance to meet with you and further discuss my qualifications. Please

contact me at your convenience to arrange an interview. Thank you for your

time and consideration.

Sincerely,

Steven C. Jennings

Steven C. Jennings

S t e v e n C. J e n n i n g s

441 Maple Drive . Spring Grove, MN 55974

P: 507-***-**** . C: 507-***-**** . E: ******.*.********@*****.***

PROFILE

Accomplished financial and IT professional with a unique blend of education

and expertise in the areas of banking, finance, business, management,

operations, information technology and security, organizational planning

and project management, marketing, business development, human resources,

employee benefits, and government compliance. Insight into the technology

and business aspects of organizational growth and development. Skilled at

interacting effectively with all levels of management, staff, and

governmental agencies. Excellent interpersonal and communication abilities;

adept at establishing meaningful relationships. Uniquely effective as a

bank executive because of substantial bank executive, operations and

financial management experience not possessed by most peers.

EXPERIENCE

Jennings State Bank, Spring Grove, MN

Chief Financial Officer, Chief Information Officer & Chief Security

Officer, 2003 to 2009

. Prepared bank's annual budget and performed many other C-level bank

financial management duties

. Created and managed asset-liability management reports and strategies

on bank wide basis

. Managed and purchased investments for the bank's investment portfolio

. Managed, supervised data processing, deposit operations and credit

card operations

. Managed, supervised and resolved periodic data processing issues and

general ledger balancing issues

. Provided management, selection, leadership, implementation and

training for bank products and services

. Managed vendors including due diligence, selection, RFP's and on-going

vendor supervision

. Administered and maintained bank computer and communication networks

including all software and hardware procurements, upgrades,

installations and decommissioning

. Provided multiple location support desk technical assistance to all

personnel for bank network and system

. Managed annual outside risk assessment, quarterly remediation

reporting, penetration testing and Business Continuity Plan (BCP),

including contracting and interaction with outside consulting vendors

. Created, drafted, managed and supervised compliance with Information

Security policy and procedures

. Administered, supervised and monitored firewall security measures for

multiple bank locations

Executive Vice President, 1996 to 2003

. Managed and supervised data processing department including expansion

of data processing department

. Conducted loan file documentation and credit quality reviews on loans

of other loan officers

. Developed, managed and serviced a multi-million dollar commercial loan

portfolio

Vice President & Cashier, 1991 to 1996

. Increased bank's operations efficiencies including automation of loan

and deposit opening processes

. Created and supervised new teller audit-operations procedures

including implementation of teller terminals

. Developed, marketed and managed new indirect lending operations

including new dealer paper program

Director, 1991 to 2009

. Shared responsibility at board level for overall bank executive,

operations and financial management

. Created bank policies, procedures and reporting functions including IT

and security related areas

. Ensured state and federal regulatory compliance by bank as well as

positive relations with regulators

Spring Grove Investments, Inc. (A bank holding company) Spring Grove, MN

Chairman & President, 1998 to Present

. Performed all executive functions related to regulatory compliance and

regulator relationship management

. Completed and timely filed all periodic bank holding company reports

required by the Federal Reserve Bank

. Procured TRUP financing for bank holding company and served as Trust

Preferred Securities Administrator

Director & Corporate Secretary, 1993 to 1998

Jennings Title Company, Stillwater, MN

Chief Financial Officer, Chief Information Officer and Director, 2005 to

Present

. Performed all executive functions related to financial management

including reconciling, reporting and audit

. Implemented and managed software systems for daily operations and

interface with underwriting companies

. Supervised and supported ledger accounting functions performed by

title company officers and staff

Penncorp Financial, Edina, MN

Salesman

EDUCATION

University of Wisconsin Graduate School of Banking, Madison, WI

Graduate Certification

Minnesota State University, Mankato, MN

Bachelor of Science Degree

Double Major: Finance / Real Estate & Insurance

PROFESSIONAL DEVELOPMENT AND CERTIFCATIONS

. Certified Information Security Manager (CISM), ISACA

. Certified Information Systems Auditor (CISA), ISACA

. Certified Community Bank Technology Officer (CCBTO), ICBA

. Extensive And Numerous Annual Continuing Education Seminars

. Insurance Licensure (Accident, Health & Life), State of Minnesota

. Graduate, Commercial Lending School, Minnesota Bankers Association

. Graduate, Minnesota School of Banking, Minnesota Bankers Association

. Graduate, Operations School, Minnesota Bankers Association

PROFESSIONAL AFFILIATIONS

ISACA - Minnesota Chapter

COMMUNITY INVOLVEMENT AND PUBLIC SERVICE

Experienced as a leader and member in a wide range of community and

business organizations including:

. ABLE Foundation, Inc. (President and Director)

. Spring Grove Economic Development Authority (Treasurer and

Commissioner)

. Spring Grove Commercial Club

o Certified as Charitable Gambling Manager by Minnesota Gambling Control

Board

. Lions Club (past President)

. Trinity Lutheran Church

. MaCal Grove Country Club

ADDITIONAL INFORMATION

References Available Upon Request

Contact this candidate