VP of Finance and Capital Markets

As a key member of the Credit Union’s leadership team, The Vice President of Finance and Capital Markets leads financial planning, analysis, and reporting to drive accurate decision-making and forecasting. This role oversees investment, liquidity, and treasury strategies while ensuring compliance with regulatory requirements and sound business practices. Responsibilities include managing asset/liability oversight, interest rate risk analysis, and pricing strategies for loan and deposit products. The VP directs activities related to bank accounts, investments, and balance sheet management to optimize safety, liquidity, and yield. Additionally, the position builds and develops a high-performing finance team to support organizational success.

Work Location – This position is a hybrid working arrangement. Expectation is to be onsite a minimum of once per month at our Headquarters in East Lansing, MI.

Schedule – Monday – Friday 8:30am – 5:00pm ET with time spent after-hours/weekends at leadership functions or events. On average 40-50 hours per week.

An offer of employment with MSU Federal Credit Union and affiliates is contingent upon the agreed work arrangement (onsite/hybrid/remote) and work location. MSU Federal Credit Union may or may not be able to accommodate temporary or permanent changes to work arrangements or allow employment outside the city and/or state of residency in which the new hire resides at the time of offered employment.

Benefits:

• 100% Company-Paid Health, Dental, Vision, Life, and Long-Term Disability Premiums
• Up to 26 days of PTO within your first year, as well as Volunteer Time Off & 11 Paid Holidays
• 401(k) with a company match
• Tuition Reimbursement
• Up to 12 Weeks of Paid Parental Leave
• Learn more about our benefits here

Essential Duties and Responsibilities:

• Develop, implement and communicate strategic direction and goals for the Finance Department, which support the overall strategic direction and goals of the Credit Union
• Develop policies, procedures, products and services to improve service to the membership and employees, protect the Credit Union, increase productivity and increase operational efficiencies
• Oversee financial planning, budgeting, forecasting, and capital planning for executive and board review.
• Manage the Credit Union’s investment portfolio and recommend strategies based on market conditions.
• Direct asset/liability management, interest rate risk analysis, and participate in ALCO Committee activities.
• Plan, organize, and oversee Current Expected Credit Losses (CECL) methodology as well as quarterly review of adequacy of reserves
• Monitor financial performance metrics, prepare financial studies and analysis, and present trends and forecasts to leadership and the Board of Directors.
• Participate in evaluating strategic growth opportunities
• Lead and develop Finance leaders and staff through hiring, training, coaching, and performance management.
• Coordinate audits and examinations, address findings, and maintain strong relationships with auditors and regulators.
• Serve on cross-functional committees and collaborate across departments to enhance financial performance and organizational success.
• Foster a culture of risk awareness and accountability within the Credit Union by understanding the Credit Union’s enterprise risk management (ERM) program, ensuring alignment with objectives, risk appetite and the risk landscape. Understand and oversee the Credit Union’s policies and procedures to ensure compliance and accountability for managing operational risks. Adhere to established internal controls and procedures to safeguard assets, prevent fraud, and maintain the integrity of credit union operations.
• Perform other duties as assigned

Job Requirements:

• Bachelor’s degree in accounting, finance, or business with a preference for a master’s degree in business administration
• Certified Public Accountant (CPA), Certified Management Accountant (CMA), or Chartered Financial Analyst (CFA) designation
• High level work experience at a financial institution
• Experience influencing strategic direction at a financial institution
• Experience developing capital planning tools and scenario models
• Leadership experience, with a preference for oversight of managers/supervisors

Competencies:

• Core Competencies that must be demonstrated by all Credit Union employees include Communicate, Navigate Change & Evolve, Solve Problems & Make Decisions, Plan, Prioritize, and Achieve, and Collaborate.

• Leadership Competencies must be demonstrated, be committed to, and be developed by all leaders, including Lead Self, Lead Others and Lead Outcomes.

• Functional Competencies:

Functional Competency	Behavioral Description
Organizational Awareness	Understands and aligns actions with the organization’s goals, core functions, needs, and values.
Project Management	Demonstrates knowledge of project frameworks and their corresponding life cycles, project management concepts, tools, and best practices; project reporting standards; and project plan development.
Change Management	Adjusts thinking and behavior to resiliently face change and uses experience to fuel growth. Enables the process of change and transition while helping others deal with its effects. Displays self-awareness of their personal reaction to change and regulates their response. Acts as a change champion, communicating the why behind the change and aligning with organizational direction.
Product Knowledge	Demonstrates knowledge of products, services, and relevant details offered or supported within the position.
Knowledge Sharing	Uses formal, informal, and systematic methods to impart information onto others.
Detail Orientation	Ensures information is complete and accurate. Adheres to processes as outlined. Follows up to ensure quality and completion of work.
Process Improvement	Spots processes that need improving and can implement those changes.
Critical Thinking	Takes outside knowledge into account while evaluating information.
Data Analysis	Analyzes and draws insights from relevant data. Uses storytelling to effectively communicate insights and actionable, data-informed recommendations.

Physical Demands and Work Environment:

• May be required to remain in a stationary position for an extended period.
• Ability to operate standard office technology, equipment, and tools, which may include many hours of computer and phone usage.
• Occasionally needs to move about inside of an office area.
• This position can work in hybrid, remote, or onsite working arrangements.

Disclaimer:

• Please note this job description is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and MSU Federal Credit Union reserves the right to change this position description and/or assign tasks for the employee to perform, as MSUFCU may deem appropriate.
• MSUFCU is an affirmative-action, equal-opportunity employer.
• To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions.