VP of Finance and Market Risk Position Available In Fulton, Georgia

VP of Finance and Market Risk 2.7 2.7 out of 5 stars 400 Porsche Ave, Hapeville, GA 30354 Seeking past experience with ALM (Asset Liability Management) and IRR (Interest Rate Risk).

FANTASTIC

opportunity to join a growing credit union with a top-notch Team!

Title:

Vice President of Finance and Market Risk Position Status:

Full Time Exempt Reports To:

Chief Financial Officer Salary information: $122,204 – $152,755 The listed pay information includes the minimum rate of pay to the mid-point rate of pay for the posted position The actual compensation for this position may vary based upon, but not limited to, licenses or certifications, education or equivalent work experience, market data, qualifications, relevant experience, prior work and performance history, geographic location, and business sector. We believe great work is to be rewarded with great benefits. Our benefits include, but aren’t limited to, Medical coverage with generous company contributions, Dental with employee only coverage paid by the company, Vision with employee only coverage paid by the company, Paid Time-Off, 401k plan with a defined company match, company paid long-term disability, short term disability, and company paid holidays.

Purpose:

The primary purpose of this position is to assist APCU Center Parc Credit Union to live out our Mission, “To help our members achieve financial success by providing exceptional products and service.” The VP of Finance and Market Risk serves as the Credit Union’s primary resource for monitoring and maintaining the financial strength and sustainability of the organization. This position is responsible for providing insights into potential risks associated with investment, loan portfolio, economic, and market trends and collaborates with Senior Leaders to make recommendations and implement risk management plans to minimize potential losses and provide for the overall positive financial health of the organization.

Essential Duties and Responsibilities :

Other duties may be assigned. Adhere to and deliver on APCU Center Parc’s core values: Serve Exceptionally Commit to Better Find the Fun Invest in Integrity Follow the Numbers Go Forth and Conquer Protect with Passion Provide expert, strategic, and purposeful insights and guidance to the CFO and executive team in the areas of liability management, interest rate risks, liquidity, cash flow, investments, and pricing. Analyze market trends and assess the potential and predictable risks and overall impact that economic conditions will have on the Credit Union’s financial health. Provide direction and recommendations on Asset Liability Management (ALM) strategies to mitigate risks, optimize income and cash flow, achieve target net interest margins (NIM), and achieve investment objectives. Under the guidance of the CFO, participate in and at times make presentations in ALM meetings and discussions; Provide insights aimed at directing and enhancing the credit union’s ALM framework and ensuring alignment with the credit union’s strategic objectives and regulatory requirements. Under the direction of the CFO, participate in and at times lead internal pricing committee meetings. Analyze the most recent market trends, competitive data, and internal business trends to forecast outcomes of current or recommended pricing models. Make recommendations for loan and deposit pricing changes that balance the financial stability of the credit union while maintaining an appropriate level of competitiveness in the marketplace. Monitor daily cash flows and prepares cash flow forecasts; Analyzes cash flow trends, identifies potential issues Manage liquidity in interest rate risks (IRR); Makes recommendations to the CFO and CLO for the management of cash reserves, loan pricing, loan purchases, and investments to maintain liquidity and IRR in accordance with National Credit Union Administration (NCUA) guidance. Maintain cashflow projections and funding vehicles to ensure the availability of funds to meet identified needs. Monitor the credit union’s investment portfolio; Provides information and updates to the CFO such that timely investment are determined. In collaboration with CFO, choose investments consistent with prevailing economic conditions, the Credit Union’s risk tolerance, and in accordance with the organization’s desired mix and liquidity objectives. Collaborate with senior leadership in Treasury, Lending, Finance, and Enterprise Risk Management to achieve desired outcomes and efficiencies while supporting strategic objectives. In association with the CFO, lead or support the Asset-Liability Committee (ALCO); Provides data and information to support informed decision making and accountability for the management of the credit union’s assets and liabilities. As needed, provide support internal partners during regulatory examinations and audits. Consistently communicate a positive and clear message around the credit union’s strategic goals and objectives. Actively attend or participate in industry related legal conferences, or conventions related to the position. Effectively use written and oral communication skills in all daily correspondence. Expresses thoughts and ideas in a compelling manner in both individual and group situations; Has the ability to drive confidence and action in plans when presenting the board, committees, or senior leadership team. Comply with all aspects of BSA/AML and OFAC regulations as they relate to this position. Overnight and weekend travel is up to 15%. Other duties as assigned.

Supervisory Responsibilities:

No direct reports. Many results are accomplished through indirect reporting relationships or through a matrixed management approach and the ability to collaboratively interact with internal and external partners

Qualification Requirements :

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/pr ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

REQUIRED

EDUCATION and/or

Experience:

A bachelor’s degree in finance, economics, accounting, or a related field Five to eight years’ work experience in asset liability management, market risk, treasury, or finance in a financial institution Advanced proficiency in the use of ALM and risk management Tools and software

PREFERRED

EDUCATION and/or

Experience:

A master’s degree in finance, economics, accounting, or a related field Ten years’ work experience in asset liability management, market risk, treasury, or finance in a credit union Job specific certification (s) such as Certified Financial Analyst (CFA), Financial Risk Manager (FRM), CPA, Market, Liquidity, and Asset Liability Risk Management (MLARM), Certified Financial Risk Professional (CFRP) 5 years in a credit union leadership role with liquidity, cash flow, economic and market risk management oversight

Physical Job Requirements:

Must be physically able to operate a variety of automated office machines such as calculator, computer, printer, facsimile, telephone, copier, etc. Must be able to stand, bend and stoop as needed. Must be able to lift and/or carry weights of 5 to 20 pounds. APCU Center Parc Credit Union is an equal opportunity employer committed to providing equal opportunities to applicants and our policy is not to discriminate against any applicant or employee based on race, color, sex, religion, national origin, disability status or veteran status or any other basis protected by applicable federal, state, or local laws. APCU Center Parc Credit Union prohibits harassment based on the same protected classes and criteria. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job. The requirements for the position listed are general and are not all inclusive. If you have any questions concerning this position, please contact Human Resources. Please note that an employment offer, and your continued employment are contingent upon acceptable results of a background and credit check, and satisfactory proof of your right to work in the U.S.