VPFinance

Centra Career • Columbus, IN

12d • Onsite

About The Position

Thank you for your interest in a career with Centra. A career at Centra Credit Union is more than a job; it is an opportunity to make a meaningful impact in our Members’ financial lives and our communities. Centra was established in 1940 and is headquartered in Columbus, Indiana. Centra is ranked among the top five largest credit unions in Indiana and among the most financially sound institutions in the United States. Centra serves Membership throughout central and southern Indiana as well as other areas like Jamestown, NY, and Whitakers, NC. Centra Team Members enjoy excellent benefits, an atmosphere that fosters family and work-life integration, a heritage of strong values, a high level of Team Member engagement in the achievement of results, and the opportunity for growth with the Centra Family. Credit Unions are Not for Profit, Not for Charity, But for Service. If these are the things that matter to you then please read on, we look forward to hearing from you. Centra has an exciting opportunity for a Vice President (VP) Finance in Columbus, Indiana. The VP Finance is responsible for strategic management of organizational financial risk. This includes prudent structuring of the credit union’s balance sheet to effectively manage interest rate and liquidity risk. It also includes playing a leadership role in the organization’s investment and pricing activities. This position oversees the financial performance monitoring efforts of the credit union, Board/regulatory financial reporting, and the annual budget process. At Centra, we approach compensation with care and integrity, ensuring our pay practices reflect local markets while honoring our commitment to our Team Members. Compensation is just one part of our total rewards approach. Eligible positions also offer a comprehensive benefits package designed to support you and your family. Spanish/English interpreters may be eligible for an interpreting differential.

Requirements

• Bachelor's Degree in Related Field
• Five years to eight years of progressive asset liability management experience
• Eight years to 10 years of similar or related experience, including preparatory experience.

Nice To Haves

• MBA Preferred

Responsibilities

• Employs balance sheet management strategies to effectively align organizational interest rate and liquidity risk levels with regulatory guidelines, sound operations, and desired risk tolerances
• Evaluates organizational financial performance, identifying and recommending strategies to improve performance where applicable, including individual business/product areas
• Models cash flow forecasts over relevant time horizons, balance sheet classes, and interest rate environments as part of advance planning and management of the organization’s liquidity position
• Manages the credit union’s investment portfolio and makes buy/sell decisions, working with the investment advisory firm to understand portfolio composition, risk, cash flows, and pending/upcoming balance sheet needs
• Provides strategic direction to Executive Management & the Board of Directors regarding potential new projects, expansion opportunities, and the impact of economic developments on Centra’s financial performance
• Oversees the annual budgeting process, communicating expectations to internal collaborators and budget recommendations/key drivers to Executive Management and the Board of Directors
• Supervises monthly financial reporting aggregation for the Board of Directors packet and the quarterly Call Report process to the NCUA
• Communicates financials results and concepts to Team Members across the organization
• Plays a central role in pricing decisioning for loan and deposit products and services
• Oversees the day-to-day operations of the Finance Team. Leadership duties include performance management, training & development, and demonstrating and cultivating Centra’s Vision, Mission, Culture, and Core Values

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 101-250 employees