Director, Treasury

The Director, Treasury is responsible for the Credit Union’s investment portfolio and cash management functions. Reporting to the SVP, Chief Financial Officer, the Director leads investment portfolio strategy and execution, owns investment purchases/sales administration and reporting, manages broker-dealer and custodial relationships, and oversees the Credit Union’s cash management and overnight investing or borrowing position.

This position is established to provide dedicated ownership of investment and cash management activities as the Credit Union’s investment portfolio grows in size and complexity. Responsibilities historically performed within the VP, Finance role relating to the investment process and cash management transfer to this position, allowing the VP, Enterprise Risk and Financial Strategy (Formerly VP/Finance) to focus on budgeting, asset-liability management, liquidity, enterprise risk management, and BSA oversight.

All Altura team members are expected to live our five core values:

We treat people with compassion and dignity, both individually and collectively, to deliver the Altura difference.

We seek understanding through learning, openness, and continuous growth.

We build connection, belonging, and shared purpose.

We act boldly and responsibly, guided by our purpose and commitment to doing what is right, especially when decisions are difficult or uncertain.

We are rooted in our mission and purpose with strength, determination, and resolve.

• Leads the development and execution of the Credit Union's investment portfolio strategy. Manages security selection, sector and duration allocation, pre-purchase and pre-sale analysis, document preparation, broker-dealer due diligence reviews, and post-purchase monitoring. Ensures all activity is performed within Board-approved investment policy and applicable NCUA regulations.

• Owns investment purchases/sales administration and reporting. Oversees trade settlement, safekeeping and custodial reconciliation, income and amortization accounting, and performance attribution. Prepares investment portfolio schedules and reporting in support of ALCO and the Board.

• Manages the cash management function, including but not limited to Branch cash, ATM/ITM, correspondent cash accounts, and daily cash positioning. Optimizes the Credit Union's overnight investing or borrowing position and ensures adequate operating liquidity.
• Manages broker-dealer, custodian, safekeeping, and investment-related vendor relationships, including selection, due diligence, contract review, and ongoing performance evaluation in accordance with vendor management policy.

• Builds, mentors, and develops investment and cash management staff. Fosters a culture of accountability, technical excellence, and continuous improvement, and supports succession planning within the function.

Duties, responsibilities, and activities may change, or new ones may be assigned at any time—with or without notice.

Directly supervises investment and cash management staff or analyst(s) as assigned. Carries out supervisory responsibilities in accordance with related policies, procedures, applicable state and federal laws, and the credit union’s strategic plan. Provides functional guidance to other Finance staff on investment and cash management matters.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below represent the knowledge, skill, and ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the…