Director of Finance

First Financial Credit Union•Pasadena, CA

10d

About The Position

First Financial Credit Union (FFCU), a trusted Southern California financial institution dedicated to serving the educational community, is seeking an experienced and strategic Director of Finance to lead key aspects of our Finance team. As Director of Finance, you will bring strong business acumen combined with deep technical expertise in financial management. Key competencies include: Financial forecasting and budgeting Asset-liability management (ALM) and funding strategies Investment portfolio management Risk assessment and mitigation Broader finance and accounting responsibilities In this leadership role, you will oversee critical finance functions, including the preparation, analysis, and evaluation of financial information, performance metrics, and ALM positioning. You will identify strategic opportunities and recommend solutions to achieve the credit union's balance sheet objectives.Reporting to and partnering closely with the Chief Financial Officer (CFO), you will play a pivotal role in developing and implementing financial strategies, policies, and initiatives that drive FFCU's long-term success. If you are a forward-thinking finance leader passionate about making a meaningful impact in a member-focused organization, we invite you to apply!

Requirements

5+ years of finance, treasury, or accounting experience, preferably within a financial institution.
Strong financial statement knowledge and understanding of the structure of a credit union's balance sheet and income statement highly preferred.
Robust knowledge of financial operations of a credit union, including but not limited to, profitability, liquidity, credit risk, ALM, secondary marketing, loan and deposit pricing, highly desirable.
Direct experience with financial budgeting and financial forecasting software required.
Sound understanding of credit union regulatory and accounting literature, a plus.
Experience with regulators and accountants preferred.
Proficient in Microsoft Applications (Word, Excel, PowerPoint, Access)

Responsibilities

Coach, develop, and lead their direct report
Assist with the timely and accurate execution of on-going financial operations within policy, regulations and generally accepted accounting principles in the United States (GAAP). This includes maintenance of financial records, financial reporting, ALM analysis and reporting, development of credit union budget and forecasts, monitoring of performance to budget, and regulatory reporting. Work closely with the Accounting Department in the related areas.
Assist with managing the Credit Union's treasury and investment activities as custodian of funds, securities, and assets of the organization. Establish and maintain relations with financial institutions and the investment community. Direct safekeeping, control and accounting for assets and securities. Manage the risk of the Credit Union's investment portfolio within policy, regulation and the Credit Union's risk appetite.
Assist with the analysis of market data and trends to provide strategic business insights.
Assist with the development and achievement of divisional goals in support of the credit union's blue ocean strategy and serve the educational community.
Assist with the development and implementation of a proper internal control environment surrounding financial reporting, sufficient to safeguard assets and to ensure the accuracy and appropriateness of general ledger balances and consolidated financial results.
Assist with the completion of financial audits and regulatory examinations by maintaining relations with and being a primary contact for auditors and examiners, coordinating on-site visits,and developing corrective action plans to address any auditor/examiner findings or financial statement deficiencies.
Customarily and regularly execute special tasks and assignments under general supervision.
Customarily and regularly exercise discretion and independent judgment
Team building of subordinate(s), including promoting a positive culture.
Recommend candidates for hire, termination, and/or discipline.
Coordinate and produce monthly Asset-Liability Committee (ALCO) reports in a timely and accurate manner. In addition, facilitate/lead the monthly ALCO meetings.
Participate in the development of long and short-term strategic plans for the organization.
Perform all duties in compliance with laws, regulations, credit union policies and procedures.
Comply with all BSA and OFAC regulations.
Perform all other duties as assigned.

Benefits

Medical, Dental, Vision, Flexible Spending Accounts and Employee Assistance Program
Company-sponsored Life insurance, Short and Long term disability
Voluntary Benefits with Colonial Life and Guardian
Paid Time Off (PTO) for Non-Union employees
Additional PTO Service award for every 5 years of service
401(k) with 3% Safe Harbor Employer Contributions
Incentives and Recognition based on performance
Special Product Pricing (discounted loan rates and interest on accounts with no minimum balance)
Employee appreciation and recognition events
Opportunity to win trips
Opportunities for gain sharing