Vice President/Treasury

GreenState Credit Union

Vice President/Treasury

US-IA-North Liberty

Job ID: 2024-3601
Type: Exempt Full-Time
# of Openings: 1
Category: Finance
GreenState Credit Union

Overview

Works closely with the Chief Financial Officer to develop and implement Asset Liability Management policy and execute strategies and analysis to manage interest rate and liquidity risk. This position is also responsible for developing and maintaining the capital plan for the Credit Union and ensuring compliance with all internal policies and state and federal regulations related to investments and liquidity. As subject matter expert, you will provide training to the Board of Directors and members of ALCO on relevant topics related to managing balance sheet risk and other relevant topics. Perform other special projects and assignments as may be directed by CFO.

At GreenState, we exist to create lasting value for those we serve. We do this by putting immense value into our employees, members and communities. We empower our employees to create endless opportunities, which will then impact the lives of our members and enhance the vitality of our communities.

Salary range for this exempt position is $220,201.54 - $294,718.84, with a progressive benefits package.

Responsibilities

Performs essential duties and responsibilities in the following areas which may include, but are not limited to those listed, and are subject to change:

1. Adheres to the Credit Union's core values and Service Standards in conducting GreenState's mission and vision.
2. Demonstrates a positive member service (internal and external) focus at all times.
3. Demonstrates teamwork in all interactions with coworkers and in the completion of all duties and responsibilities.
4. Ensures confidentiality of member information.
5. Supports a diverse and inclusive work environment.
6. Presents a professional image from a personal and professional level that will be beneficial to the Credit Union.
7. Leads and collaborates with members of ALCO to develop risk measures, scenario analysis and stress testing and mitigating actions, to ensure all material risks are identified, quantified, managed, and reported to ALCO.
8. Assist with the development, maintenance, and monitoring of the Credit Union's Capital Plan.
9. Support the management of capital, liquidity, interest rate, hedging and other balance sheet risks via reporting against appetite and modelling forward-looking impacts and solutions.
10. Develop what-if analysis to support proposed ALM strategies and recommend enhancements or corrective action where necessary.
11. Collaborate with members of Finance team and senior management to develop annual budget for loan and deposit growth, interest rate forecasts and borrowing needs.
12. Identify the optimal mix of asset and liability products and collaborates with partners to develop and implement strategies to achieve those. Leads and/or involved in all loan and pricing models/strategies.
13. Ensures compliance with all regulations and internal policies. Maintains procedures relevant to area.
14. Responsible for identifying and quantifying existing or emerging risks and ensuring those risks are brought to the attention of applicable management.
15. Provides routine training to members of ALCO and board of directors on relevant topics.
16. Directs ALM analysts on the compilation and analysis of financial information to support Senior Management in making operational and strategic decisions.
17. Works with the Capital Markets team to analyze impact of participation and securitization deals.
18. Collaborates with members of ALCO in the development of hedge strategies within the risk appetite, evaluating alternative strategies and assessing outcomes across various scenarios.
19. Perform merger and acquisition analysis as requested by senior management.
20. Capable of initiating and cultivating relationships with stakeholders inside and outside the credit union.
21. Develops and maintains broad industry network and ensures continuous advancement and implementation of best practices within areas of responsibility.
22. Keeps abreast of financial industry developments and effectively communicates/disseminates relevant information internally.
23. Performs any other temporary or permanent duties as assigned by the Chief Financial Officer.

Qualifications

1. Bachelor's degree in finance, economics, accounting or closely related field required, Master's degree preferred.
2. CPA, CFA, CMA, CTP or other similar designation is preferred.
3. 10+ years of related experience is required, preferably in a financial institution.
4. Thorough knowledge of the financial markets, asset liability management, wholesale funding, modeling, financial analysis, and derivatives.
5. Intimate knowledge of all aspects of treasury risk management and general risk management practices.
6. Ability to independently analyze complex transactions and variances.
7. Ability to communicate information and ideas clearly and succinctly to individuals and groups. Both at high and detailed level, tailored appropriately to audience.
8. Strategic, forward-thinking, and ability to forecast/plan multiple years out.
9. Must be able to manage multiple assignments with changing deadlines in a high-pressure environment.
10. Ability to coordinate and prioritize assignments and organize work efficiently for timely completion.
11. Well-developed analytical and critical thinking skills.
12. Ability to solve problems independently and maintain composure in high stress situations.
13. Excellent figure aptitude, with accurate and attention to detail required.
14. Self-directed nature, fostering an ability to work independent of supervision, but able and willing to take direction when provided.
15. Highly proficient in Microsoft Office, including excel and word.
16. Power BI and SQL experience a plus.
17. General knowledge and understanding of a financial institution's products, services, and reports.
18. Ability, availability, and willingness to work additional and/or unconventional hours as demanded by the workload.
19. Must be bondable.

Reporting Relationship
This position reports directly to the Chief Financial Officer

Supervisory Responsibilities
This position is responsible for the supervision of other employees.

Equal Opportunity Employment Statement
GreenState Credit Union is an Equal Opportunity Employer. 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. #ID #LI


Please see job description

PI237632415