VP Treasurer

Columbia Credit Union • Vancouver, WA

16h • Hybrid

About The Position

Columbia Credit Union (CU) is a full-service financial institution with $2.5 billion in assets and over 100,000 members, dedicated to "Making Life Better" in its communities. Since 1952, Columbia CU has received numerous community recognitions, including the Best of Clark County Award and Best in Business Award. The credit union's vision is to be the most trusted and sought-after financial institution, providing innovative solutions and support. Its mission is to bring people together to improve lives for themselves and their communities. The value proposition emphasizes earning trust through knowledgeable staff and digital options, allowing members to bank conveniently. The leadership philosophy focuses on inspiring enthusiasm and accountability, building engagement, and communicating honestly and openly to achieve the shared vision. Core values include a passion for helping others (People), contributing to community success (Community), and providing financial education and tools for wellness (Financial Wellness).

This role is responsible for the active management of the credit union's asset/liability position, recommending strategies for current and future products, and managing the investment portfolio under the direction of the Chief Financial Officer. The VP Treasurer will maintain lines of credit, provide liquidity, and perform complex financial and system analysis to support business objectives. This position also involves managing vendors, optimizing pricing and services, and collaborating with various teams to drive revenue and improve engagement through product offerings. The role includes participation in the balance sheet budget process, membership and deposit growth projections, managing the Lock Desk for Mortgage Lending, and working with lending teams on reporting. This position is eligible for Hybrid work after a six (6) month on-site training period.

Requirements

• 7+ years of progressive experience in treasury, finance, or a related financial function, with demonstrated impact through Asset Liability and liquidity management in complex or varied economic environments.
• 4+ years’ experience in people leadership including cross-functional teams, coaching talent, and building high-performing, future-ready individuals; financial institution leadership experience is preferred.
• 2+ years of experience leading analysis of future investment opportunities and advising senior leadership on treasury investment strategy is preferred.
• Bachelor’s degree in Accounting/Finance or related, or equivalent experience in lieu of degree.
• Experience developing and evolving treasury products, services, or capabilities.
• Demonstrated strong quantitative analytical, organizational and project management skills.
• Excellent verbal and written communication skills including MS Office suite with demonstrated advanced skills in Excel.
• Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Nice To Haves

• financial institution leadership experience is preferred.
• 2+ years of experience leading analysis of future investment opportunities and advising senior leadership on treasury investment strategy is preferred.

Responsibilities

• Provide people leadership that inspires enthusiasm and accountability that drives our Mission.
• Build engagement and communicate honestly and openly.
• Rally coworkers around our shared vision, modeling and expecting the best from individuals and your team.
• Key player in ad hoc analysis of various aspects of the credit union operations, including strategic overarching analysis such as market footprint and prioritization assessments.
• Collaborates with business intelligence and others as a key data steward, especially as it pertains to membership, balance sheet, and profit.
• Manages assigned vendors including, completing vendor due diligence, annual reviews, and ongoing approvals of invoices to ensure billing follows contractual agreements.
• Works diligently to optimize pricing and services, managing renewals and coordinating appropriate RFIs or RFPs from competitors.
• Develop and manage cash flow systems to ensure operational and member liquidity needs are met without excessive liquidity including establishing and maintaining lines of credit with corresponding institutions and brokers/dealers.
• Maintain investment portfolio under the direction of the Chief Financial Officer according to policies and procedures.
• Explore investment opportunities for increasing the return on investments while meeting asset/liability goals.
• Serve as liaison with regulators as appropriate.
• Member of Asset/Liability Committee (ALCO) and its Loan and Deposit Pricing sub-committees.
• Oversee monthly and quarterly asset/liability analysis for ALCO, present findings and recommend strategies.
• Serve as liaison with regulators as appropriate.
• Key player in development of products, services and processes.
• Follow through on opportunities to increase revenue and improve engagement through product offerings that are consistent with Columbia’s deposit, loan, investment and income strategies.
• Establish and supervise maintenance of organization, product and member profitability systems.
• Present findings and recommended strategies.
• Participates in Change Management meetings, and reviews internal and external content for accuracy, monitors and recommends changes in deposit rates and fee schedule.
• Coordinates with VP Director Commercial & Business Services regarding business/commercial deposit-related content and pricing approvals.
• Participate in the annual balance sheet budget process.
• Provide membership and deposit growth and attrition projections and update monthly key metrics.
• Manage Lock Desk for Mortgage Lending.
• Key player working with Lending teams on consistent reporting for committee and regulatory reporting.

Benefits

• 100% paid Medical, Dental, Vision for employee - eligible the 1st of the month following hire date
• Accrued PTO, Accrued Extended Sick Time and 11 Paid Bank Holidays
• 401k Match- 100% match up to 6% employee contribution
• Tuition Assistance
• And More!

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Associate degree
• Number of Employees: 101-250 employees