Senior Vice President of Financial Operations

4 weeks ago

Syracuse, New York, United States Empower Federal Credit Union Full time
Job Title: Senior Vice President of Financial Operations

Empower Federal Credit Union, a leading financial institution, is seeking an experienced Senior Vice President of Financial Operations to join our team. This senior leadership role is responsible for directing and overseeing the financial strategy and operations of the Credit Union, driving financial performance, and ensuring the Credit Union's financial health and stability.

Job Summary:

The Senior Vice President of Financial Operations will play a pivotal role in shaping the Credit Union's long-term strategic direction, driving financial growth, and ensuring compliance with regulatory requirements. This position requires a strategic thinker with exceptional leadership and interpersonal skills, as well as a strong background in finance, accounting, and risk management.

Key Responsibilities:
  • Direct and oversee the development, implementation, and execution of strategic initiatives that drive financial growth and ensure the Credit Union's financial health and stability.
  • Manage key functions such as budgeting, accounting, purchasing, real estate, and liquidity management, ensuring alignment with the Credit Union's goals.
  • Collaborate closely with senior leadership and the Board of Directors to steer the organization through a dynamic economic environment.
  • Oversee the preparation and evaluation of budgets and capital plans, monitor expenditures and financial performance, and prepare financial reports for regulatory agencies and the Board of Directors.
  • Develop and maintain policies and procedures for liquidity, interest rate risk, and other critical risk factors, ensuring alignment with regulatory guidelines.
Requirements:
  • 10-15 years of experience in finance, accounting, or a related field, preferably in a banking or credit union environment.
  • A master's degree or a bachelor's degree plus professional certification (e.g., CPA).
  • Proven strategic, operational, and managerial ability in financial-services delivery or credit union/banking setting.
  • Strong interpersonal, leadership, and communication skills, including comfort facilitating cooperation between independent units and programs in pursuit of Credit Union-wide goals.
  • Ability to attract and recruit top talent, motivate the team, delegate effectively, celebrate diversity within the team, and manage performance.
  • Experience with financial planning and analysis, budgeting, and financial reporting.
  • Knowledge of regulatory requirements and compliance with financial regulations and internal policies.
Benefits:
  • Estimated Salary: $267,341.10 - $356,454.80 per year.
  • Competitive benefits package, including medical and dental insurance, 401K with employer match, holiday pay, paid time off, and more.
  • Opportunities for professional growth and development.
  • A dynamic and collaborative work environment.
How to Apply:

Empower Federal Credit Union is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic. We are committed to diversity, equity, and inclusion in our hiring practices and work environment.

Please submit your application, including your resume and cover letter, to our online portal. We look forward to hearing from you.

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