Job Information
Dupaco Credit Union VP, Treasury in Dubuque, Iowa
Description
You understand that timing is everything. You’re opportunistic but also calculated. You wait for the perfect moment - when market conditions are just right and the rewards far outweigh the risks. It’s not just about the right now; you take the long view knowing that your decision will greatly impact the future. As the VP, Treasury at Dupaco, you’ll invest your experience with a company that will invest in you! Make a long-term investment in your career with a company that you can count on - Dupaco!
What You'll Do:
Lead the development and implementation of comprehensive balance sheet strategies, including investment portfolio management and liquidity optimization. Ensure alignment with the Credit Union’s overall financial strategy and risk appetite.
Oversee the liquidity position of the Credit Union.
Manage the allocation and investment of cash to optimize rate of return and compliance with established policy limits.
Manage the trending of cash flows and alert management to changes.
Monitors the interest rate risk function of the credit union and independently develops innovative strategies to mitigate risk and enhance portfolio performance.
Manage the scenario testing of strategic changes through asset liability management.
Prepare and present comprehensive quarterly reporting packages to the Asset Liability Management Committee. Provide high-level insights and strategic recommendations based on financial data and market trends.
Monitors market rates, competitor trends, and product concentrations. Independently determine and deliver formal recommendations to CFO for review/approval.
Monitor loan and deposit market rates and competitor trends to recommend pricing changes and related strategies.
Develop, implement, and evaluate treasury management policies and procedures, while ensuring compliance with applicable procedures, regulation and applicable laws.
Cultivate and maintain strategic relationships with third-party brokers, investment advisors, and other key stakeholders. Leverage these relationships to enhance the Credit Union’s investment opportunities and strategic positioning
Research and recommend new product pricing decisions to management based on analysis performed.
Work with CFO and SVP, Finance on the financial impact of regulation and accounting changes specific to areas of responsibility.
Independently forecast/manage investment, loan, and deposit yield and growth for budget purposes and report performance to CFO.
What You'll Need:
Bachelor’s degree in accounting or equivalent experience.
Extensive experience in investment management, treasury operations, and asset-liability management, with a proven track record of strategic leadership and decision-making.
5+ years of experience accounting or financial industry, required.
Investment portfolio management experience, preferred.
Strong understanding of financial regulations, risk management principles, and market dynamics.
Excellent analytical, communication, and presentation skills, with the ability to influence and drive strategic initiatives at the executive level.
Qualifications
Skills
Preferred
Microsoft Excel: Advanced
Presentation Skills: Advanced
Behaviors
Preferred
Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
Thought Provoking: Capable of making others think deeply on a subject
Leader: Inspires teammates to follow them
Functional Expert: Considered a thought leader on a subject
Dedicated: Devoted to a task or purpose with loyalty or integrity
Motivations
Preferred
Self-Starter: Inspired to perform without outside help
Financial: Inspired to perform well by monetary reimbursement
Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization
Education
Required
- Bachelors or better in Accounting
Experience
Required
Treasury Operations
Asset Liability Management Experience
Investment Management Experience
5 years: Accounting or Finance
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)