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MD|DC Credit Union Association

Senior Vice President of Finance and Accounting

MD|DC Credit Union Association, Rockville, Maryland, us, 20849


Senior Vice President of Finance and Accounting

August 30, 2024 Maryland Schedule:

Full-time Position Overview

NOTICE: JOB APPLICANTS LIMITED TO DC, MD, OR VA RESIDENTS. POSITION IS HYBRID. Join Lafayette Federal Credit Union, a proud recipient of USA Today’s Top Workplaces of 2024 award! We are expanding and looking for exceptional talent to support our members and contribute to our reputation as an employer of choice. Be a key player in our mission to become the premier financial partner for our community. Your skills and dedication are essential to our success. If you have experience overseeing the planning, development, implementation, and maintenance of the company’s administrative and financial services and departments, supporting and promoting profitable goals and objectives, then Lafayette Federal may have the perfect opportunity for you! We are currently seeking a

Senior Vice President of Finance and Accounting

to join our dynamic team! About the Role

We are currently seeking a

Senior Vice President of Finance and Accounting

who, in conjunction with the CFO, prepares financial and ALCO reports including annual plan and operating budgets. Ensures complete, accurate, and timely completion of financial and accounting records for the credit union and prepares analysis of operations for management. Manages the credit union’s ACH, share drafts, IRA and Check 21 functions and ensures compliance with applicable laws and regulations. Education & Experience

Experience/Education Eight to ten years of similar or related experience Requirements

A day in the life of the

Senior Vice President of Finance and Accounting

will include: Preparing all financial reports, including but not limited to regular monthly financial package, ALM report package, etc. Fulfilling finance-related ad hoc projects assigned by the CFO and President/CEO. Managing the ACH, share drafts, IRAs and Check 21 functions and ensuring the credit union’s compliance with all applicable laws and regulations. Ensuring a trained, motivated and professional staff capable of providing efficient and effective services to the Credit Union’s members. Interviewing, scheduling, training, assigning work, establishing performance expectations and monitoring results. Maintaining all analyses regarding Asset Liability Management (ALM) to include monitoring the concentration of the portfolio, credit risk analysis, interest rate risk analysis, liquidity rate risk analysis, price risk analysis and other areas to ensure the safety and soundness of operations. Working closely with the CFO in developing, implementing and monitoring the credit union’s operational budget and financial planning activities. Maintaining current knowledge of NCUA requirements. Working with external auditors and regulators. Providing support to audits and examinations. Maintaining expertise on IRA regulations, PATRIOT Act and other regulations governing or impacting savings and/or checking-related products. Ensuring that employees are fully compliant with pertinent regulations and are trained appropriately. Additional Comments

Top benefits or perks: Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan) Fully funded deductible (HMO Plan) 401k employer matching contribution Income protection with life insurance, short and long-term disability Paid time off, holiday leave & birthday leave Educational assistance Commuter benefits program and more! Pay: $180,000.00 – $200,000.00 annually

depending on experience and qualifications. *Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer

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