Assistant Vice President - Financial Analysis & Operations, Portsmouth

Are you interested in applying your management and detailed financial analysis skills to further your career? Do you enjoy working in a collaborative, fun environment where success is rewarded?

Join us as an Assistant Vice President – Financial Analysis and Operations where you will perform financial analysis across all areas of the credit union to help improve financial profitability and returns and control interest rate risk. The position will help model and analyze current trends in financial data as well as model new and future opportunities with respect to return on investment. This position is also responsible for the production of monthly financial reports, preparation and analysis of ALM reporting, preparing member tax reporting, and the administration of escheatment of funds.

Pay: Salaried position.

Hours: Full time, Core hours.

Work location: Portsmouth, NH

The Day to Day:

• Oversee preparation of materials for bi-weekly Pricing Committee meetings. Participate in Pricing Committee to answer questions and present some of the materials and research.
• Provide financial support for business line executives and managers with regard to product pricing, balance sheet management and compliance, and financial analytical support.
• Oversee preparation of Asset Liability Management reports with third-party vendor (ALM First). Participate in quarterly ALCO meeting.
• Support requests for data and information from internal and external auditors and examiners.
• Responsible for implementing any policy or procedural changes as needed based on audit and exam findings.
• Administers users and permissions for EasCorp/Vertifi, CetoLogic, Community Bank Online Banking, ePayments, and FedLine Advantage.
• Ensures office manual procedures related to any finance areas of responsibilities are up to date and accurate. Ensure office manuals are consistent with appropriate Board policies.
• Possess a detailed understanding of ALM and Investment policies and procedures. Assist with updates of credit union ALM and Investment policies.
• Analyze balance sheet positions to anticipate funding requirements and optimize Net Interest Margin.
• Provide reports to leadership team and board of directors as needed to summarize credit union’s current and future financial position.
• Help create profitability reporting for Service CU strategic business units.
• Review, analyze, and adjust product profitability reports. Leverage product profitability to create relationship profitability and help evaluate strategic decisions (e.g., new products, growth opportunities, purchase and sale of loans, acquisitions, etc.).
• Assist with annual budget preparation. Review and analyze trends in balance sheet components to create reasonable targets and forecasts.
• Participate in all required training and adhere to written policies and procedures of the credit union including BSA, OFAC and security.
• Perform other job related duties as assigned.

We Can Offer You:

• Training to support your career goals.
• The chance to make a difference in your community, through day-to-day interactions and volunteerism.
• Career growth opportunities.
• Paid vacation and holidays.
• Comprehensive medical/dental/life benefits.
• 401(k) plan.
• Tuition assistance.

Experience and Qualifications:

• Demonstrate managerial skills and related credit union experience.
• Demonstrate communications and writing skills.
• Must be willing to travel and work extended hours including weekends, as position responsibilities require.
• Detailed knowledge of generally accepted accounting principles (GAAP) required.
• Knowledge of investment portfolio management, investment instruments, risk management including interest rate risk analysis, and asset/liability management also preferred.
• Proficient in Microsoft suite (Excel, Word, Office).
• Ability to manage data through the use of Pivot tables.
• Credit Union or Bank experience in an accounting/financial capacity for 3 years or more.
• Ability to travel to other work locations as required, if needed.

Physical requirements:

• Ability to stand for up to 2 hours.
• Able to lift up to 20 pounds.
• Ability to use computers for up to 8 hours.
• Ability to travel to other work locations as required, if needed.

If you are looking for an exciting career, Service Credit Union is the place! Join us today!

Equal Opportunity Employer

Job Type: Full-time