Address
Form of workMajor Duties and Responsibilities:
- Compiles, analyzes and delivers a variety of financial, regulatory, and management reports including the Deposit Pricing, Loan Pricing, Investment, Loan participation and ALCO documents.
- Compiles and provides senior management monthly/quarterly financial forecasts, investments reporting, cash flow reporting and variance analyses.
- Works with stakeholders to develop new reports to enhance decision-making for current and future business cases and ensures the accurate and ongoing report delivery.
- Manages reporting inputs and outputs with particular attention to the underlying data that is used and ensure that the components are valid and accurate.
- Prepares insight-seeking analyses on behalf of business unit managers to potentially enhance business, mitigate risk, and/or help increase credit union safety and soundness.
- Oversees the day-to-day operations of the finance team while coordinating the efforts of the analyst group.
- Plans and directs the development and the implementation of the ALM and database reporting systems to create efficiencies.
- Responsible for the management, direction, and operation of the finance activities of the credit union such as the investment, borrowing, and cash flow management and associated policies and procedures.
- Administers the settlement of securities transactions and their cash flows and manages the reporting functions for the investment portfolio.
- Manages various department and company projects, including maintaining relationships and managing contracts with outside vendors.
- Administers the accurate data flow from the database and finance area e.g. analysis to consultants, operational data to professional service partners, finance and reporting to networking partners, etc.
- Is responsible for the employment, counseling, performance evaluation, training, motivation, and discipline of employees.
- Establishes and maintains effective communication and coordination with personnel and with management. Sets and manages the goals of the finance team.
- Responsible for quarterly ALM reporting to the committee and Board of Directors.
- Conducts due diligence on and recommends new vendors for work that requires third party expertise.
- Manages outside vendors for ALM, CECL, etc. To ensure both accuracy and timeliness.
- Responsible for reporting to vendors and outside professionals on an as needed basis along with variance reporting and analysis relative to the budget.
- Serves as the primary contact for ALM reporting and data warehouse reporting as it relates to Finance and Accounting. Responsible for other duties as assigned.
- Must comply with applicable laws and regulations.
Qualifications and Skills required:
- Must have college degree in Finance. Graduate degree preferred.
- Five years to ten years of similar or related experience.
- A significant level of trust and diplomacy is required, in addition to normal courtesy and tact.
- Work involves extensive personal contact with others and/or can be of a personal or sensitive nature.
- Work may involve motivating or influencing others. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary.
- Excellent analytical skills, people skills and self-direction.
- Proficiency with PC accounting, spreadsheet, and word processing software Background in financial data processing systems preferred.
- Strong analytical and communication skills required. Must be able to work in groups. Strong prioritization and time management skills.
- Strong presentation skills that allow for tailoring of items to specific groups.
Physical Requirements:
The Credit Union is committed to working with its employees to reasonably accommodate them with the physical aspects of the position. The following list outlines the physical considerations that are normally encountered in this job.
Ability to communicate.
Ability to operate standard office equipment.
Must be able to sit for extended periods of time and to occasionally lift and move items up to 20 lbs. in weight.
Total Rewards:
Congressional Federal offers a comprehensive benefits package including but not limited to health and dental, 401k, vacation and paid sick leave, 11 paid holidays, tuition reimbursement, flexible spending programs and work/life balance.
EOE/M/F/D/V/SO
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
