Department: Accounting Department

Reports To: Chief Financial Officer

Classification: Exempt

Role: Manages the treasury function within the credit union including responsibility for the investment portfolio and risk management, oversight of the budgeting process, liquidity management, Asset/Liability (A/L) management, Asset Liability Committee (ALCO), profitability analysis, etc. Plays an integral role in the overall management of the balance sheet including taking an active role in making decisions regarding selling/purchasing of interest earning assets. Assists in wide ranging projects such as profitability analysis on specific segment of the credit union, assesses likely financial impact of new proposed product/service, creates projections (either internally or with external partners) of various scenarios.

Essential Functions & Responsibilities:

40% Collaborates with management to analyze and oversee implementation of highly complex investment products including significant responsibility for analyzing different investment options using Bloomberg and other tools. Manages all aspects of the investment portfolio including role of main liaison with investment brokers, analyzing potential investment opportunities including both at the individual investment level as well as at the investment segment level, reports back to ALCO and the Finance Committee on the performance of the portfolio, monitors the ongoing portfolio to ensure it is still performing as planned at both the individual investment level as well as at the portfolio level, monitors risk in portfolio (credit, interest rate, liquidity, etc.) and responds when necessary to keep risk within designated guidelines, provides recommendations to portfolio management given changes in overall balance sheet make-up, changes in economic trends, changes in goals of the credit union, etc. The role of main liaison with the brokers involves maintaining relationships, staying up to speed on latest investing trends/opportunities, as well as seeking out the best possible purchase opportunities amongst the various brokers when in the market for investments. In addition, is also part of the team that evaluates loan purchase/sale opportunities with specific responsibility for pricing as well as evaluating the impact of such moves on the overall balance sheet.

20% Develops strategies for and designs process utilization and development of treasury systems to provide relevant information on investments, hedge positions or other vehicles to senior management. Creates various ad hoc reports and analyses. This will include profitability analysis as well as a variety of other reports as needed. Works directly with senior management in making balance sheet management decisions with a focus on buying/selling interest earning assets as part of efforts to enhance income and decrease risk.

10% Manages all aspects of A/L processes including: serving as liaison with third party A/L partners, ensuring they have all necessary information and an /understanding to run periodic analysis, reviews reports from third parties and presents at ALCO/Finance Committee, provides recommendations for changes when A/L reports show increasing risk/potential issues, works with A/L partner to create periodic one off projections as part of ongoing analysis.

10% Manages liquidity to maximize interest income while ensuring sufficient liquidity. Oversees the budget process including serving as key point of contact for those responsible for the budget in their respective areas, compiles all inputs and reviews results for reasonableness, provides ongoing budget to actual reports and reviews with managers throughout organization, etc.

10% Performs significant role in ALCO/Finance Committee process including preparation of meeting packet, serving as point person for those with periodic presentations to ALCO, communicating ALCO decisions, etc. Proactively performs other duties as needed or assigned.

10% Recruits, hires, trains, coaches and motivates a highly qualified staff sufficient to meet the daily operational needs of the areas assigned. Establishes and maintains objective accountability measurements and evaluates performance on all direct reports. Creates and maintains a coaching culture to consistently strive toward the highest level of employee achievement and performance in building Member Loyalty.

Knowledge & Skills:

Experience: Five years to eight years of similar or related experience. Eight years of progressively responsible treasury experience in financial services preferred.

Education: Equivalent to a college degree (BS or BA in a relevant field). Bachelor's degree in finance or accounting preferred.

Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.

Other Skills: Advanced experience with accounting software (FISERV products preferred), Microsoft Office software products. Advanced Excel skills. Math and calculator skills. Highly accurate and detail oriented. Excellent time management and organizational skills with the ability to work independently. Leadership, management skills and supervisory skills. Problem solving skills. Good communication and judgment skills. Excellent judgment, decision making and risk management skills.

Physical Requirements: Some lifting required (up to 30 pounds), continuous sitting, occasional standing and occasional walking. Finger dexterity while using computer. Occasional talking and hearing in person and on the telephone. Continuous clarity of vision at 20 inches or less and continuous clarity of vision at 20 feet or more.

Work Environment: This job is an exempt position that requires flexibility in scheduling tasks and projects. The employee must independently monitor hours and judge the time needed to be spent on applicable duties. Employee must be capable of adjusting to unpredictable schedules proactively. As a direct representative of the credit union, the employee must conduct and present themselves courteously and professionally. Exposed to potentially hazardous conditions, i.e., robbery. Travel to all credit union regions may be required.

This Job Description is not a complete statement of all duties and responsibilities comprising the position.