James G. Gorst Email and Phone Number
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Results-driven senior level executive whose skill set allows for quick assimilation of new information and the ability to apply it to initiate changes resulting in an improved bottom line. Specific skills include: an in-depth focus on strategic planning, financial, leadership, team-building, and operational and organizational acumen.Lead: The Company had not developed a strategic plan to engage employees, set levels of accountability or goals for staff. Spearheaded an effort and collaborated with other executive management for employees to set goals and monitored results. RESULT: The Company succeeded in attaining a higher level of productivity and improved profitability. Analyze: Organization was in need of process and procedural improvements and sought direction to implement the required changes to improve profitability. Reviewed and analyzed existing processes and procedures to facilitate, plan and prioritize high level targets. RESULT: With just one process improvement, non-interest income increased by $450,000.Negotiate: The Bank was conducting research for data processing services. Negotiated with the two leading companies for the best possible pricing, service and product options. RESULT: Saved the Bank 33% off its current monthly billing and received a $1.2 million incentive payment to convert to the new processor.Chair: The Company was reviewing multiple proposals from three vendors in an effort to increase efficiencies and product offerings. Chaired a committee to coordinate vendor review and analysis, perform due diligence, compare vendor proposals, financial analysis, and selection of a vendor. RESULT: Significantly reduced expenses and enhanced product and service offerings. Motivated the entire staff to fully utilize the new and improved system.
Istream Financial Services
View- Website:
- istreamfs.com
- Employees:
- 49
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Sr Vice President And Chief Operating Officer And Chief Risk OfficerIstream Financial ServicesSpringfield, Mo, Us -
Sr Vice President / Chief Operating Officer / Chief Risk OfficerIstream Financial Services Mar 2013 - PresentOversight and management of all operations, including: Accountable for overall strategic direction of the company and its staff in meeting objectives and compliance with audits and regulatory reviews. Direct the day-to-day operations, manage staff, internal controls and growth and profitability of the company. Established company and department metrics to support the company’s strategic plan. Established the company’s Enterprise-Wide Risk management and Vendor Management programs. Established the company’s Business Continuity recovery plan, Information Security plan, Risk Assessments and Business Impact Analysis. -
Executive Vice President Of OperationsOld Missouri Bank Feb 2018 - PresentSpringfield, Missouri Area -
Sr. Vice President / Chief Operating OfficerFoster Bank Dec 2003 - Mar 2013Oversight and management of entire bank infrastructure including:● Core processing systems (currently Fiserv)● Retail branch operations including process design, internal controls and employee performance management for nine multi-state branches● Facilities and maintenance (lease negotiation, capital improvements and service contracting)● Safety & Soundness (Compliance, Policy development, review and implementation, Internal Controls & Disaster Recovery)● Identification of strategic growth through new revenue opportunities and internal process improvement and operating efficienciesKey Deliverables:● Led the bank through two core process conversions (Aurum / Metavante) resulting in $1.9MM in savings and pricing reductions exceeding 40%● Identified new non-interest revenue opportunities leading to an increase in revenues of $900K● Initiated and project managed the full cycle openings of 6 new branches (in and out-of-state) from identification of location, lease negotiations, construction and/or renovation, process design and employment recruitment, selection and training● Designed internal process improvement initiatives resulting in increased efficiencies in turnaround time, quality and appropriate workforce planning● Designed, implemented and regularly test disaster recovery initiatives● Serve as a strategic member of the following key committees: Executive, Asset/Liability, Audit, Classified Asset, Operations (Chair), Loan and Technology (Chair)● Primary Liaison with bank regulators ensuring swift, remedial actions are implemented -
Vice President / Chief Financial OfficerFarmers & Merchants State Bank Oct 2000 - Dec 2003Oversight and management of entire bank infrastructure including: Oversee all day-to-day operations, nine retail branches, data processing, accounting, technology, facility management, asset growth, policy and procedure development, internal audit and profitability of the company. Responsible for overall direction of the company in developing and implementing strategic plans in meeting strategic objectives and branch performance Responsible for leading initiatives and project management consistent with the bank’s strategic plan. Responsible for continuous improvement of business processes and for revenue enhancement, policy and procedure implementation and employee career development. Key Deliverables:● Overall bank growth of 28% and income growth of 37% over three years● Identified market and internal process improvement opportunities resulting in an increase in non-interest income and service charge fees of 139% in two years● Reorganization and streamlining of financial department, computerizing financial systems, establishing budgeting and forecasting tools● Redesigned and negotiated employee benefits to align with industry standards● Instrumental in the development of technology for marketing and product development actively involved in the development of the bank’s web presence as well as internet banking tools
James G. Gorst Skills
James G. Gorst Education Details
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University Of WisconsinAccounting And Finance
Frequently Asked Questions about James G. Gorst
What company does James G. Gorst work for?
James G. Gorst works for Istream Financial Services
What is James G. Gorst's role at the current company?
James G. Gorst's current role is Sr Vice President and Chief Operating Officer and Chief Risk Officer.
What is James G. Gorst's email address?
James G. Gorst's email address is ja****@****cts.com
What is James G. Gorst's direct phone number?
James G. Gorst's direct phone number is +177045*****
What schools did James G. Gorst attend?
James G. Gorst attended University Of Wisconsin.
What are some of James G. Gorst's interests?
James G. Gorst has interest in Children, Education, Health.
What skills is James G. Gorst known for?
James G. Gorst has skills like Banking, Management, Financial Analysis, Strategy, Budgets, Executive Management, Finance, Strategic Planning, Financial Reporting, Risk Management, Process Improvement, Leadership.
Who are James G. Gorst's colleagues?
James G. Gorst's colleagues are Julie Fahler, Mary Martel, Carlos Bonilla, Katie Robinson, Mark Becker, Melody Lashmar, Tracy Wholean.
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