Director Of Finance - Credit

Established, proven leader in the Credit Union/Retail Banking space is looking for a Finance Director to help lead their finance team! This is a hybrid role requiring 1-2 days in office if lives near NYC, if further away fine with 1-2 days a month.

Job Function

Strategy, Planning and Management:

• Serves as finance subject matter expert and cross-functionally supports projects and programs.
• Studies long-range economic trends and projects company prospects for future growth in overall income, liquidity, net worth and market share.
• Provides insight and recommendations to both short-term and long-term growth plans, and helps establish yearly financial objectives.
  
  
  

Treasury and Asset Liability Management

• Oversees the client’s ALM program that operates well within board approved risk levels and regulatory expectations.
• Ensure that the client’s balance sheet is positioned to address any potential market related interest rate and liquidity risks.
• Oversee the client’s investment portfolio, implement strategies that optimize liquidity and returns under the guidance of ALCO.
• Oversee pricing strategies for loan and deposit products. Analyze market trends, interest rates and competitor offerings to determine competitive and profitable pricing structures.
  
  
  

Financial Analysis, Budgeting, Forecasting and Reporting

• Oversee the monthly, quarterly, and annual forecasting process to ensure both the timeliness and accuracy of reporting.
• Serve as the subject matter expert on all planning and budgeting software tools used by the department (ProfitStars, Deposits360, Liquidity360, Deposit Dynamics pricing model, nCino loan analytics)
  
  
  

Job Requirements

• 10 years of progressive experience in finance, with a minimum of 5 years in a finance leadership position at a similarly sized bank or credit union.
• In-depth knowledge of asset liability management principles, planning systems, and stress testing methodologies.
• Strong understanding of bank accounting concepts and GAAP, with the ability to interpret and apply regulatory guidelines effectively.
  
  
  

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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