What are the responsibilities and job description for the SVP - Treasury and Analytics position at Bellco Credit Union?
Application deadline is 5 days after the date the role was posted.
Thank you for your interest in Bellco Credit Union! We’re a local not-for-profit organization that has been giving back to our members, the communities we serve, and of course, our employees since 1936. Offering one of the best employee benefits packages around, Bellco is a leader in fostering, developing, and engaging staff to become expert financial-service ambassadors. You’re a part of something more at Bellco—a place you can be proud of.
SVP – Treasury & Analytics
Function Description: Directs, oversees, develops and implements plans related to key operation and strategic areas of the credit union specific to financial planning and treasury. Has responsibility for Bellco’s financial business processes, budget/forecast preparation and administration, profitability management, and investment portfolio/balance sheet management in accordance with company policies and business plan goals. Provides leadership in developing strategies and tactics to actively manage the credit union’s balance sheet for profitability, safety, soundness, and increased member value. Serves as owner and contact for key partner relationships.
Reports to: SVP - Finance
Supervisory or Managerial Responsibility: Director – Treasury & Analytics
Contacts: Credit Union members, department and/or branch staff, officials, auditors, vendors and lawyers. Close working relationship with Credit Union executive staff, board of directors, state and federal examiners.
Education
Minimum Qualifications
Bachelor's degree in Business/Finance or related field.
Work Experience
15 years in progressively responsible financial leadership roles with at least 10 years experience in a large ($10 billion assets) financial institution. CFO experience preferred.
Special Training, Certification or Licensure
Work Environment And Conditions
Office environment, may involve some travel
Essential Responsibilities
Core Responsibilities
BE ETHICAL AND DEMONSTRATE INTEGRITY: Treat others with respect, dignity and” tough love.” It’s about character and influence, not about a title. Be honest and direct. Challenge ourselves and each other to reach our full potential.
BE ACCOUNTABLE: Lead by example. You are the reflection of how you show up. Set realistic expectations. Make good business decisions. Meet commitments. Learn from mistakes.
EMBRACE CHANGE: Develop the individual, improve the team, grow the institution. Encourage and reward creative solutions. Ask impactful organizational questions. Identify the problem to be solved and the desired outcome. Engage others. Believe in what’s possible.
APPRECIATE THE MEMBER: Achieve and retain trusted, valued relationships with members. Listen and identify needs. Prioritize the member experience. Maintain a high level of member satisfaction. Serve the member with pride.
ACHIEVE SUCCESS TOGETHER: Strive for Flawless Execution. Not for the sake of numbers, but for a sense of pride in a job well done. Success favors the prepared. Consistently plan, coach and grow to master our roles. Celebrate our success.
Act Nice Behaviors
Accept mutual accountability when things go wrong
Acknowledge others’ efforts and thank them
Avoid jumping to conclusions
Be honest, direct, and civil with no hidden agendas
Communicate with others face to face whenever possible
Empathize with others by putting yourself in their shoes
Establish and build relationships into trusted partnerships
Forget the past and avoid holding grudges
Hear individuals out by actively listening to them
Protect and build up each other’s self-esteem
Recognize and reinforce others’ positive actions
Respect each other’s priorities and personal space
Bellco Credit Union provides a comprehensive benefits package to all regular, full time and part time employees, including: Medical, Dental, Vision, 401 (k) with company match, Supplemental Life Insurance, Paid Vacation, Paid Sick Days, and Paid Holidays.
In addition to base compensation, Bellco Credit Union offers bonuses for the following roles:
Non-exempt branch roles may earn monthly bonuses for meeting production goals and quarterly bonuses for meeting team goals.
Exempt branch roles may earn quarterly bonuses for production and team goals.
Exempt non-branch management roles may be eligible for an annual managerial bonus.
Non-branch non-management roles may be eligible for on-the-spot bonuses for extraordinary performance.
Thank you for your interest in Bellco Credit Union! We’re a local not-for-profit organization that has been giving back to our members, the communities we serve, and of course, our employees since 1936. Offering one of the best employee benefits packages around, Bellco is a leader in fostering, developing, and engaging staff to become expert financial-service ambassadors. You’re a part of something more at Bellco—a place you can be proud of.
SVP – Treasury & Analytics
Function Description: Directs, oversees, develops and implements plans related to key operation and strategic areas of the credit union specific to financial planning and treasury. Has responsibility for Bellco’s financial business processes, budget/forecast preparation and administration, profitability management, and investment portfolio/balance sheet management in accordance with company policies and business plan goals. Provides leadership in developing strategies and tactics to actively manage the credit union’s balance sheet for profitability, safety, soundness, and increased member value. Serves as owner and contact for key partner relationships.
Reports to: SVP - Finance
Supervisory or Managerial Responsibility: Director – Treasury & Analytics
Contacts: Credit Union members, department and/or branch staff, officials, auditors, vendors and lawyers. Close working relationship with Credit Union executive staff, board of directors, state and federal examiners.
Education
Minimum Qualifications
Bachelor's degree in Business/Finance or related field.
Work Experience
15 years in progressively responsible financial leadership roles with at least 10 years experience in a large ($10 billion assets) financial institution. CFO experience preferred.
Special Training, Certification or Licensure
Work Environment And Conditions
Office environment, may involve some travel
Essential Responsibilities
- Lead the Asset Liability Management process.
- Provide interest rate forecasts for developing earnings projections and financial plans.
- Develop and run pricing analyses to set interest rates on the Credit Union’s deposit and loan products along with the senior management team.
- Manage the investment portfolio and daily cash position. Provide leadership in establishing appropriate targets for duration, yield, structure, mix and risk.
- Analyze the liability/borrowing structure of the credit union including the review and forecast of the sources and uses of funds.
- Develop and maintain policies governing the management of interest rate risk, liquidity risk and the investment portfolio.
- Direct the annual planning process, including capital and operating budget and balance sheet planning.
- Oversees credit union treasury and financial planning & analysis functions, including budgeting/forecasting, profitability and investment portfolio.
- Develop and implement capital planning and stress testing scenarios to support regulatory capital requirements.
- Assists in updating financial plans and ensures plans are consistent with ALM based projections of net interest income/margin.
- Analyze and execute the purchase and sale of loan participations.
- Provide ongoing analysis of loan originations and portfolio trends to support pricing and underwriting processes.
- Performs other related duties as assigned by management.
Core Responsibilities
- Be available to work as scheduled and report to work on time.
- Be willing to accept supervision and work well with others.
- Comply with all organizational policies, the Employee Handbook, Code of Conduct, and required annual training.
- Fosters an inclusive workplace where diversity and individual differences are valued and leveraged to achieve the vision and mission of the organization.
- Adheres to safe working practices and always follows all organizational safety policies and procedures.
- Demonstrates compliance with all state, federal and all other regulatory agency requirements.
- Ensure strict confidentiality of all records and PII.
BE ETHICAL AND DEMONSTRATE INTEGRITY: Treat others with respect, dignity and” tough love.” It’s about character and influence, not about a title. Be honest and direct. Challenge ourselves and each other to reach our full potential.
BE ACCOUNTABLE: Lead by example. You are the reflection of how you show up. Set realistic expectations. Make good business decisions. Meet commitments. Learn from mistakes.
EMBRACE CHANGE: Develop the individual, improve the team, grow the institution. Encourage and reward creative solutions. Ask impactful organizational questions. Identify the problem to be solved and the desired outcome. Engage others. Believe in what’s possible.
APPRECIATE THE MEMBER: Achieve and retain trusted, valued relationships with members. Listen and identify needs. Prioritize the member experience. Maintain a high level of member satisfaction. Serve the member with pride.
ACHIEVE SUCCESS TOGETHER: Strive for Flawless Execution. Not for the sake of numbers, but for a sense of pride in a job well done. Success favors the prepared. Consistently plan, coach and grow to master our roles. Celebrate our success.
Act Nice Behaviors
Accept mutual accountability when things go wrong
Acknowledge others’ efforts and thank them
Avoid jumping to conclusions
Be honest, direct, and civil with no hidden agendas
Communicate with others face to face whenever possible
Empathize with others by putting yourself in their shoes
Establish and build relationships into trusted partnerships
Forget the past and avoid holding grudges
Hear individuals out by actively listening to them
Protect and build up each other’s self-esteem
Recognize and reinforce others’ positive actions
Respect each other’s priorities and personal space
Bellco Credit Union provides a comprehensive benefits package to all regular, full time and part time employees, including: Medical, Dental, Vision, 401 (k) with company match, Supplemental Life Insurance, Paid Vacation, Paid Sick Days, and Paid Holidays.
In addition to base compensation, Bellco Credit Union offers bonuses for the following roles:
Non-exempt branch roles may earn monthly bonuses for meeting production goals and quarterly bonuses for meeting team goals.
Exempt branch roles may earn quarterly bonuses for production and team goals.
Exempt non-branch management roles may be eligible for an annual managerial bonus.
Non-branch non-management roles may be eligible for on-the-spot bonuses for extraordinary performance.