Job Description

Candidates must reside within a commutable distance to the communities that Travis Credit Union serves: Alameda, Colusa, Contra Costa, Merced, Napa, Placer, Sacramento, San Joaquin, Solano, Sonoma, Stanislaus and Yolo counties. This position is considered hybrid so you must be within a commutable distance to our corporate headquarters in Vacaville, CA. Travis Credit Union’s (TCU) Finance Management is responsible for overseeing the financial health of the credit union by managing budgets, analyzing financial data, preparing financial reports, ensuring compliance with regulations, and providing strategic financial advice to senior management on profit-maximizing ideas to drive decision-making. Profile:

• Leads, trains, evaluates, coaches, professionally develops and motivates staff to attain department goals. Sets and monitors performance goals. Promotes a work environment that encourages involvement, initiative and teamwork. Builds career development paths for assigned staff.
• Budget and Strategic Financial Planning: Leads the development and management of budgets across all departments, ensuring alignment with organizational goals and financial constraints. Collaborates with leadership to develop long-term financial strategies and goals. Supports the creation of financial forecasts and contributes to the corporate strategic plan.
• Balance Sheet Risk Management: Oversees balance sheet management, including the measurement and monitoring of interest rate risk and liquidity risk to ensure financial stability. Measures and monitors exposure to credit risk within the Travis Credit Union loan and investment security portfolios to ensure adequate support of the reserve for credit loss for expected credit loss.
• Profitability Analysis: Supports and analyzes profitability measures in coordination with department leadership, focusing on product, branch, and member profitability to drive informed decision-making. Provides analytical support to department leadership in assessing and determining product pricing decisions to optimize profitability.
• Financial Data Analysis: Analyzes financial data to identify trends, assess performance, and pinpoint areas for improvement, ensuring data-driven decision-making. Identifies opportunities to reduce costs, improve operational efficiency, and increase revenues and profitability through strategic initiatives. Performs ad-hoc financial analysis to support various business decisions, providing timely and relevant insights.
• Financial Reporting: Creates comprehensive board and management financial reports using financial reporting tools such as FiServ Prologue, Microsoft Excel, Microsoft PowerBI, and Tableau. Maintains the highest standards of financial integrity, and support the organization’s adherence to NCUA financial regulations, Generally Accepted Accounting Standards (GAAP), and financial institution industry best practices.

Skills:

• Ability to manage, motivate, and develop a team, including supporting team members’ career development, building career paths, and promoting a positive work environment.
• Understanding of finance and accounting principles and thorough knowledge of NCUA regulations, GAAP, and industry best practices.
• Proficiency in analyzing financial data to identify trends and provide insights.
• Skill in presenting complex financial information clearly to stakeholders.
• Expertise in developing and implementing long-term financial strategies.
• Proficiency with relevant finance and accounting applications.
• Thorough understanding of interest rates, liquidity, and credit risks.
• Skills in analyzing and optimizing product, branch, and member profitability.
• Proficiency in identifying ways to reduce costs and improve efficiency.
• Strong teamwork skills to work with various departments.

Reporting and Experience:

• Reports directly to assigned department leadership.
• Direct supervisory responsibilities for assigned department staff.
• Bachelor’s degree in finance, accounting, economics or related field; or equivalent related work experience.
• Minimum of 6 years in supervisory or leadership role.
• Minimum of 8 years of experience in financial planning, analysis, accounting and strategy.
• Certified Financial Analyst or Certified Public Accountant or similar professional certification preferred.

Compensation: Grade 21.Base salary starting range: $135,941.52 annually - $167,918.40/annually is commensurate with experience.Our compensation philosophy is based on several factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, and key skills. At Travis Credit Union, our priority is that our employees and their loved ones are provided with a Total Rewards program that ensures their health and welfare safety which allows our employees to focus on the financial welfare of our members and the credit unions objectives. As such, Travis Credit Union offers a robust benefits package to our eligible employees, including competitive medical, dental, and vision insurance, mental health offerings, employee performance incentive plan, merit increases, 401(k) program with immediately vested employer match, generous holiday and vacation policy, and extensive TCU specific perks like employee loan and credit card discounts! Travis Credit Union is an Affirmative Action Employer EOE/Individual with Disability/Veteran Status