VP of Finance and Capital Markets

MSU Federal Credit Union • East Lansing, MI

1d • Hybrid

About The Position

As a key member of the Credit Union’s leadership team, The Vice President of
Finance and Capital Markets leads financial planning, analysis, and reporting to
drive accurate decision-making and forecasting. This role oversees investment,
liquidity, and treasury strategies while ensuring compliance with regulatory
requirements and sound business practices. Responsibilities include managing
asset/liability oversight, interest rate risk analysis, and pricing strategies
for loan and deposit products. The VP directs activities related to bank
accounts, investments, and balance sheet management to optimize safety,
liquidity, and yield. Additionally, the position builds and develops a
high-performing finance team to support organizational success.

Requirements

• Bachelor’s degree in accounting, finance, or business with a preference for a master’s degree in business administration
• Certified Public Accountant (CPA), Certified Management Accountant (CMA), or Chartered Financial Analyst (CFA) designation
• High level work experience at a financial institution
• Experience influencing strategic direction at a financial institution
• Experience developing capital planning tools and scenario models
• Leadership experience, with a preference for oversight of managers/supervisors

Responsibilities

• Develop, implement and communicate strategic direction and goals for the Finance Department, which support the overall strategic direction and goals of the Credit Union
• Develop policies, procedures, products and services to improve service to the membership and employees, protect the Credit Union, increase productivity and increase operational efficiencies
• Oversee financial planning, budgeting, forecasting, and capital planning for executive and board review.
• Manage the Credit Union’s investment portfolio and recommend strategies based on market conditions.
• Direct asset/liability management, interest rate risk analysis, and participate in ALCO Committee activities.
• Plan, organize, and oversee Current Expected Credit Losses (CECL) methodology as well as quarterly review of adequacy of reserves
• Monitor financial performance metrics, prepare financial studies and analysis, and present trends and forecasts to leadership and the Board of Directors.
• Participate in evaluating strategic growth opportunities
• Lead and develop Finance leaders and staff through hiring, training, coaching, and performance management.
• Coordinate audits and examinations, address findings, and maintain strong relationships with auditors and regulators.
• Serve on cross-functional committees and collaborate across departments to enhance financial performance and organizational success.
• Foster a culture of risk awareness and accountability within the Credit Union by understanding the Credit Union’s enterprise risk management (ERM) program, ensuring alignment with objectives, risk appetite and the risk landscape. Understand and oversee the Credit Union's policies and procedures to ensure compliance and accountability for managing operational risks. Adhere to established internal controls and procedures to safeguard assets, prevent fraud, and maintain the integrity of credit union operations.
• Perform other duties as assigned

Benefits

• 100% Company-Paid Health, Dental, Vision, Life, and Long-Term Disability Premiums
• Up to 26 days of PTO within your first year, as well as Volunteer Time Off & 11 Paid Holidays
• 401(k) with a company match
• Tuition Reimbursement
• Up to 12 Weeks of Paid Parental Leave

What This Job Offers

• Job Type: Full-time
• Career Level: Executive