21 days old

Manager, Finance

Redstone Federal Credit Union
Huntsville, AL 35801
  • Job Code
    R85

Job Description Summary

Under policy direction of the Senior Assistant Vice President Finance; plans, organizes, integrates, manages and evaluates the day-to-day activities of the Credit Unions Finance Department. Oversees and directs execution of department tactical plans as they relate to Corporate strategic plans. Ensures efficient and effective design and implementation of projects. Directs departmental business continuity planning to minimize risk.

Job Description

ESSENTIAL DUTIES AND RESPONSIBILITIES

Plans, organizes, evaluates and manages the work and performance of staff within the Finance department, participates in establishing initiatives to meet assigned goals and objectives; utilizes department/unit resources effectively and implements plans, programs and work processes necessary to achieve designated department results; coordinates and integrates assigned functions within the department and across the Credit Union when necessary.

Establishes performance requirements and personal development targets for staff; monitors and evaluates performance; provides coaching for performance improvement and development; ensure staff maintain current knowledge of and compliance with regulatory requirements and Credit Union policies and procedures; determines proper ways to reward and recognize performance; takes disciplinary action, to address performance deficiencies, in accordance with the Credit Unions human resources policies and procedures.

Participates in the development and implementation of business plans and budgets for Finance; leads and manages staff in the cross-departmental evaluation of new products, channels and services.

Oversees multiple analytical facets required to complete the Credit Unions annual budget including: CUSO budgets, Rural King program budget, travel/training budgets, department budgets, project budgets, balance sheet forecasts, income statement forecasts, interest rate forecasts, and budget book creation/validation. Lead annual budget meetings with department leaders, executive staff, and volunteer board and committee members.

Manage Secondary Capital Market cost center to efficiently and profitably commit, prepare and deliver sold loans to investors. Advise Sr. AVP, Finance and Sr. EVP, CFO on mortgage strategy to optimize balance sheet and profitability goals. Monitor macro-economic impacts on mortgage strategy to ensure the credit union remains in a profitable sell-side transaction environment.

Administer relationships with multiple secondary market investors and perform annual due diligence to remain in compliance with applicable rules and regulations.

Manage and oversee the annual FAS91/ASC310-20 assessment

Responsible for the administration and maintenance of the Credit Unions internal asset/liability, budget and cost accounting/profitability software. Ensure compliance with ISCP standards on all administered systems.

EDUCATION / EXPERIENCE

  • Bachelors degree in Finance, Accounting, Economics or Business Administration, CFA or MBA preferred.
  • Two years of experience in asset liability management modeling & two years in a supervisory role with a financial institution.
  • Financial institution product profitability, institutional investments and/or real estate secondary market experience is a plus.
  • A combination of education and experience will be considered.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by employees to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Intermittent standing, sitting and walking.
  • Using hands repetitively to handle, feel or operate computers and other standard office equipment.

Redstone Federal Credit Union is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status or status as an individual with disability. All qualified applicants will not be discriminated against on the basis of disability.

We are proud to be a Drug-Free and Tobacco Free Workplace.







Posted: 2020-02-01 Expires: 2020-03-01
Sponsored by:
Farm Credit Services of America Logo
Sponsored by:
Bank of America Logo

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Manager, Finance

Redstone Federal Credit Union
Huntsville, AL 35801

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