Lafayette Federal Credit Union
Senior Vice President (SVP) of Finance and Accounting
Lafayette Federal Credit Union, Baltimore, Maryland, United States,
DescriptionNOTICE: JOB APPLICANTS LIMITED TO DC, MD, OR VA RESIDENTS. POSITION IS HYBRID.
Please note that we are exclusively considering applicants residing in the District of Columbia, Maryland, or Virginia for all open positions.
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.Are you ready to lead the financial strategy of a member-focused credit union?Do you have a proven track record of optimizing financial performance in the financial services industry?Can you transform complex financial data into actionable insights that drive decision-making?Do you thrive in a collaborative environment where your financial expertise can shape the future of our credit union?If so, then Lafayette Federal may have the perfect opportunity for you! We are currently seeking a
SVP of Finance and Accounting
to join our dynamic team!About the role:We are currently seeking a
SVP 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.A day in the life of the
Senior Vice President of Finance and Accounting
will include:Overseeing the Credit Union's Finance, Accounting, and Financial Operations, leading financial strategy and complex financial data.Managing the financial reporting functions, 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.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. Making recommendations to the CFO regarding loan sales, MDPA analysis and other cash management objectives including borrowing strategies and discussions regarding current economic and market conditions.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.Experience & Education RequirementsEight to ten years of progressive similar or related experience(1) A master's degree, or (2) a bachelor's degree plus professional certification (e.g., CPA).Top benefits or perks:Joining Lafayette Federal comes with perks to support you in your personal and professional journey.Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)Fully funded deductible (HMO Plan)401k employer matching contributionIncome protection with life insurance, short and long-term disabilityPaid time off, holiday leave & birthday leaveEducational assistanceCommuter 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*EOE/AA/DISABILITY/VETERAN
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Please note that we are exclusively considering applicants residing in the District of Columbia, Maryland, or Virginia for all open positions.
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.Are you ready to lead the financial strategy of a member-focused credit union?Do you have a proven track record of optimizing financial performance in the financial services industry?Can you transform complex financial data into actionable insights that drive decision-making?Do you thrive in a collaborative environment where your financial expertise can shape the future of our credit union?If so, then Lafayette Federal may have the perfect opportunity for you! We are currently seeking a
SVP of Finance and Accounting
to join our dynamic team!About the role:We are currently seeking a
SVP 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.A day in the life of the
Senior Vice President of Finance and Accounting
will include:Overseeing the Credit Union's Finance, Accounting, and Financial Operations, leading financial strategy and complex financial data.Managing the financial reporting functions, 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.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. Making recommendations to the CFO regarding loan sales, MDPA analysis and other cash management objectives including borrowing strategies and discussions regarding current economic and market conditions.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.Experience & Education RequirementsEight to ten years of progressive similar or related experience(1) A master's degree, or (2) a bachelor's degree plus professional certification (e.g., CPA).Top benefits or perks:Joining Lafayette Federal comes with perks to support you in your personal and professional journey.Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)Fully funded deductible (HMO Plan)401k employer matching contributionIncome protection with life insurance, short and long-term disabilityPaid time off, holiday leave & birthday leaveEducational assistanceCommuter 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*EOE/AA/DISABILITY/VETERAN
#J-18808-Ljbffr