Chief Financial Officer

Overview

Relax.... Discover the Founders difference today! Founders Federal Credit Union helps our members attain their financial goals. Our innovative services, convenient locations, and friendly employees are dedicated to our members and their financial future. Founders Federal Credit Union is strongly committed to providing the highest level of quality service to our members. We realize our outstanding, dedicated employees make it all happen.

The Chief Financial Officer (CFO) is a key member of the executive leadership team responsible for the strategic direction, financial health, and regulatory compliance of the credit union. The CFO oversees all financial functions including accounting, budgeting, asset-liability management (ALM), investments, liquidity, capital planning, business intelligence and financial reporting. This role ensures the credit union operates in a safe, sound, and member-focused manner while supporting long-term growth and profitability.

• Partner with the CEO, President, and executive team to develop and execute the credit union’s strategic and financial plans.
• Provide financial analysis and insights to support strategic initiatives, growth opportunities, and operational improvements.
• Lead enterprise financial planning, forecasting, and budgeting processes.
• Advise the Board of Directors and Asset-Liability Committee (ALCO) on financial performance, trends, and risks.
• Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.
• Monitor key performance metrics including net interest margin, ROA, efficiency ratio, and capital levels.
• Manage the credit union’s ALM strategy, including interest rate risk, liquidity, and capital planning.
• Oversee investment portfolio strategy in accordance with board-approved policies.
• Monitor market conditions and recommend pricing strategies for loans and deposits.
• Lead and participate in ALCO meetings and reporting.
• Manage liquidity, funding strategies, and borrowing relationships.
• Oversee capital planning to support growth and regulatory requirements.
• Monitor and manage cash flow, investments, and interest rate exposures.
• Oversee the Current Expected Credit Loss (CECL) model and the calculation of the allowance for loan loss reserves and reporting to the Board and Supervisory Committee.
• Oversee the Business Intelligence department to provide information to business units through data analytics.
• Produce weekly, monthly, and quarterly financial statements along with statistical reports and profitability analysis.
• Encourage staff, on a personal basis, to expand their education through courses, seminars, and/or conferences, as supported by the Board of Directors and President.
• Ensure that effective internal controls are in place to comply with regulatory laws and GAAP.
• Maintain an active role in community affairs to improve the credit union's visibility.
• All other duties as assigned.

• The ideal candidate should have 8-12+ years of progressive financial leadership experience, preferably in a credit union, community bank, or financial institution.
• A Bachelor’s degree in Finance, Accounting, or a related field required.
• CPA license or CFA license preferred.
• Prior experience in asset-liability management, investments, and regulatory reporting highly preferred.

• Very comprehensive benefits, PTO and compensation package.

EEO

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