Vice President of Treasury

Description

This position is open to Hybrid work in the following states & locations:
Spokane, WA, and Boise, .

The Vice President of Treasury leads the Credit Union’s asset‑liability management, liquidity and funding strategy, investment portfolio management, and related financial risk activities. Serving as a strategic advisor to the Chief Financial Officer and Senior Management, this position develops and implements recommendations related to interest‑rate risk, pricing, capital deployment, and loan purchase or participation strategies, and leads the Treasury function in alignment with the Credit Union’s Mission, Vision, strategic priorities, and financial objectives.

• Directly and in collaboration with Key Stakeholders, provide expertise on liquidity risk, market risk, Interest Rate Risk (IRR), pricing, portfolio management, policies, and strategies which support the financial position of the credit union.
• Responsible for managing credit union assets and liabilities to mitigate financial risks.
• Responsible for analytical research, data gathering, calculations, modeling, forecasting, and stress testing.
• Serve as a partner and/or advisor to the management team, evaluating and assisting them with financial modeling, forecasting, pricing strategies and balance sheet management.
• Communicate and partner with CFO to support and drive investment and funding decisions as well as develop portfolio strategies.
• Managing investment and liquidity funding portfolios.
• Cash management and liquidity strategy including managing wholesale borrowings and contingent liquidity sources.
• Oversee capital markets area and make recommendations for appropriate hedging strategies.
• Lead the preparation and presentation of decision‑oriented analyses for Senior Management, ALCO, the Deposit Pricing Committee, and other stakeholders, including financial risk monitoring, forecasting, stress testing, pricing analysis, and strategic recommendations.
• Support Budget planning, monitoring and oversight; provides input on asset and liability growth targets and needs to support budget and balance sheet management goals.
• Monitors Department, Investment, or other policies and procedures and recommend and implement improvements.
• Monitor and anticipate changes in the regulatory environment, economy or within the organization. Make recommendations for responding to emerging or changing trends affecting ALM, capital or liquidity funding. Cultivates Innovation:
  Creates new and better ways for the organization to be successful.
• Manages Ambiguity:
  Operates effectively, even when things are not certain or the way forward is not clear.
• Manages Complexity:
  Makes sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
• Organizational Savvy:
  Maneuvers comfortably through complex policy, process, and people‑related organizational dynamics.
• Resourcefulness:
  Secures and deploys resources effectively and efficiently.

• Appropriate partnering with treasury related vendors.
• Responsible for serving as point of contact as appropriate regarding all Treasury functions.
• Ensure that treasury activities are in compliance with established legal, regulatory, and Credit Union procedures and expectations.
• Responsible for all major service contracts, activities and vendor management in areas of responsibility.
• Design and monitor overall strategies for success, progress, efficiency optimization and targeted business results.
• Supports project and other related work needs, such as mergers.
• Performs such other duties and accountabilities as assigned by the Chief Financial Officer

• Is a…