Clay M Barrett
Summary
A seasoned banking executive with over 25 years of experience driven by making the impossible a reality. Finds purpose in mentoring the next generation of leaders though curiosity and continuous learning. Seeks an opportunity to combine past experience and strong motivation for continued success in new industries.
Overview
26
26
years of professional experience
Work History
EVP, Chief Digital & Information Officer
German American Bank
01.2022 - Current
- The CDIO is the top executive responsible for ensuring the enterprise’s business strategy is optimal, given current and emerging digital realities, opportunities, and threats. It reports to the CEO and extends the role of the CIO to encompass digital responsibilities, ideas and technologies.
- Champions the use of digital, information data and technology in a business driven approach, to create new value through the smart use of digital tools, platforms, technology, services and processes
- Owns the establishment & execution of a clearly defined and compelling strategy and ensures integration with the enterprise’s business strategy and the delivery of all information and technology capabilities required to achieve business performance success.
- Partners with teams and cross business lines to generate innovative digital solutions, products, services, processes, customer experiences, marketing channels, etc.
- Demonstrates a current knowledge of and future vision for leveraging data and technology in business model design, business capability performance re-engineering, product and service development, and support for developing a competitive advantage.
SVP, Technology & Operations
German American Bank
06.2016 - 12.2021
- Formulated IT and bank operations strategies to ensure alignment with company objectives
- Oversaw assessment of long-term systems needs and acquisition strategies.
- Executed cost-effective initiatives that improved overall service quality
- Developed, coached and provided feedback to top-performing teams using strong leadership and analytical thinking skills.
- Delivered exceptional customer service by implementing best practices and fostering a culture of accountability within the organization.
- Hired and managed employees to maximize productivity while training staff on best practices and protocols.
- Participated in policy and decision making processes with Senior & Executive Management
- Led incident response team in the event of emergency or data breach
- Appointed to lead COVID-19 Task Force
VP, Electronic Banking Product Manager / Digital Payments / Project Management
German American Bank
04.2012 - 06.2016
- Architected product strategy, design, development, & growth of new and existing products for all regions and banking market segments. Implemented approved products and projects with applicable internal and external resources, supports the achievement of approved performance goals and objectives. Developed product training for internal and external clients.
- Counseled Executive Management on customer-facing banking channels
- Negotiated over 2.5 million dollars in savings through Strategic Sourcing
- Improved risk profile via client education portal and security application implementation
- Led business & personal online banking replacement initiative
- Launched mobile banking, Interactive Teller, EMV, & digital wallet solutions
- Provided leadership for Treasury Management Support unit
VP, Product Specialist, Information Technology Unit
Old National Bancorp
01.2010 - 04.2012
- Provided application support to Treasury Management, Finance and Wire Transfer units. Facilitated strategic planning, including the implementation of new products, applications, and business logic necessary for revenue enhancement, M&A, and operational efficiencies. Applied consultative solutions to business problems through technology and expertise.
- Implemented security technologies and procedures, preventing over 225k in fraud losses
- Reduced operating expenses of 130k through self-engaged sourcing processes
- Championed ATM, Online Banking, and Treasury Management units in M&A activities
- Responsible for Regulatory Project Governance and Reporting
- Charged with Enterprise Research and Development (iPad)
- Led research, development, and project management for Treasury Management application
VP, Product Manager, Cash Management Unit
Old National Bancorp
11.2005 - 12.2009
- Designed products, policies, and procedures related to all aspects of the Treasury Management division. Regarded as subject matter expert for sales, product, and client care. Developed training programs specific to Treasury Management sales, operations, technology and regulatory components.
- Implemented content management system which yielded over $800,000 in Y1 sales
- Demonstrated leadership to 30 employees during Treasury Management Director position vacancies
- Led division M&A activities, retaining over 300 new client relationships
- Championed division’s first Customer Relationship Management application
- Developed extensive payments risk mitigation polices and user acceptance testing procedures
- Built a remote deposit capture service so creative, a fulfillment partner re-tooled product on my design
AVP, Product Manager
Integra Bank, N.A.
01.2001 - 11.2005
- Primary responsibilities included product development, project management, vendor management, training, sales and sales support for the Treasury Management division. Additional responsibilities included client consultation, and liaison for internal and external audit entities, operations and technology.
- Implemented online Treasury Management system, imaging repository, ARP and BAI2 services
- Chaired business credit card platform and corporate purchasing card implementation
- Authored product-specific system manuals and procedures
Electronic Coordinator
Spencer County Bank
05.1999 - 12.2000
- Coordinated service delivery of all electronic banking functions through institution’s technology resources. Served as project lead on the PC to Internet Banking conversion & facilitated Triple DES Encryption for
Education
Executive Leadership -
University of Wisconsin, Madison
Madison, WI08-2023
Graduate School of Banking
Madison, WI08-2023
High Performance Collaboration
Northwestern University
10-2023
B.S. - Accounting
Oakland City University
Skills
- Strategic Planning
- Leadership Development
- Contract Negotiations
- Continuous Improvement
- Program Management
- Product Management
- Digital Banking
- Payments
- Information Security
- Banking Operations
Accomplishments
- Key member of leadership team transforming German American Bank from 1.9B to 8.2B in assets over 13 years
- Managed team of 80+ indirect reports, 5 departments, and annual budget exceeding 14 million dollars
- Negotiated savings in excess of 10 million from key business partners
- Negotiated incentive contract with payments processor yielding in excess of 6.5 million
- Negotiated contract exclusivity provision out of long-term agreement to facilitate co-branding approach for a recent M & A.
- Recruited and hired team capable of a systems co-branded M & A execution, including new digital solutions, friction-free debit card migration and core conversion execution within in 4 months.
- Advanced M & A project leadership & execution approach over 7 transactions, which included an average banking day of customer volume day 1 after systems integration
Certifications
- Accredited ACH Professional (AAP)
- Certified Treasury Professional (CTP)
- Visa Digital Payments Catalyst
Honors & Awards
Evansville Business Journal's 20 under 40
Integra Bank Customer Service MVP
Timeline
EVP, Chief Digital & Information Officer
German American Bank
01.2022 - Current
SVP, Technology & Operations
German American Bank
06.2016 - 12.2021
VP, Electronic Banking Product Manager / Digital Payments / Project Management
German American Bank
04.2012 - 06.2016
VP, Product Specialist, Information Technology Unit
Old National Bancorp
01.2010 - 04.2012
VP, Product Manager, Cash Management Unit
Old National Bancorp
11.2005 - 12.2009
AVP, Product Manager
Integra Bank, N.A.
01.2001 - 11.2005
Electronic Coordinator
Spencer County Bank
05.1999 - 12.2000
Executive Leadership -
University of Wisconsin, Madison
Graduate School of Banking
High Performance Collaboration
Northwestern University
B.S. - Accounting
Oakland City University
Similar Profiles
Andrew WardAndrew Ward
Personal Banker at German American BankPersonal Banker at German American Bank
Spencer NullSpencer Null
Teller/Lead Personal Banker at German American BankTeller/Lead Personal Banker at German American Bank
Nathan TouroNathan Touro
Bank Teller at German American BankBank Teller at German American Bank