What are the responsibilities and job description for the Chief Financial Officer position at Next One Staffing?
- Role & Target Candidates
- CFO from same size as SECU around $2B (or more) credit union or Controller from a larger credit union
- Must be from credit unions (not banks) due to financial reporting differences.
- Senior Finance Managers are not suitable.
- Location & Relocation
- Candidate must be local or willing to relocate (no long-term travel like prior CFO).
- Local NM candidates may have hybrid flexibility (commute from Albuquerque/Santa Fe).
- Out-of-state hires must relocate (relocation assistance provided).
- Compensation
- SECU not willing to go beyond $212,000
- Plan to offer top of range to attract stronger talent.
- CFOs from >$3B credit unions may exceed budget but still worth exploring.
- Search Strategy
- Research credit union size before outreach.
- Target both CFOs and Controllers in large CUs.
- Example source: Sunward CU (noted poor work environment, potential candidates).
- Consider reaching out to James Collins (CEO/CFO background, not actively seeking).
- Avoid William Fisher (already known to client).
- Previous Candidate Issues
- Current CFO placement struggling due to travel back-and-forth personal issues.
- Emphasis: must be fully on-site or relocated (may have hybrid flexibility - for discussion)
- Next Steps
- Recruiters to start sourcing now (CFOs/Controllers).
- No need for full profiles until after next Thursday.
- Team meeting: Thursday, 8:30 AM to review results.
Work Setup
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The new hire must relocate permanently to Santa Fe and work 100% on-site, as hybrid arrangements were not successful previously.
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The focus will shift toward asset size and tenure rather than job titles.
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Candidates should have experience at credit unions with $1B in assets due to greater regulatory complexity.
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We will target VP, SVP of Finance, and Controller candidates at large credit unions seeking a promotional move to CFO.
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Salary range: $200K–$225K plus bonus and benefits.
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Relocation assistance: up to $10K, potentially increasing to $15K for the right candidate.
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SECU will cover taxes on relocation payments.
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Verification of asset size through NCUA call reports will be part of the screening process.
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The search will remain exclusive to credit union professionals, excluding banking backgrounds.
Interview Process
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The search will remain confidential until the first interview, as the current CFO remains in place.
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Interview stages will include:
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Initial virtual interview
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Virtual interview with the hiring team
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Final in-person interview in Santa Fe
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The team will continue sourcing candidates who meet the $1B credit union experience requirement.
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SECU is open to a short 1–3 month remote transition period for candidates hired before the holidays.
Salary : $200,000 - $225,000