VP Financial Planning & Analysis

This posting will close on Friday, January 31, 2025.

Join our team

Rivermark Community Credit Union and Advantis Credit Union officially merged in 2024, coming together for good as Rivermark Community Credit Union. Our united mission is to be the leader in fostering financial wellness for our members and the community across Oregon and SW Washington, including historically marginalized and underserved populations.

Rivermark is committed to transforming lives and communities together. So, if you’re looking for a career where meaningful work, inclusion, value, and recognition are paramount, then you belong here.

Our commitment to inclusion

Rivermark celebrates differences and fosters an environment where individuals can show up every day as their authentic selves. It’s part of our fundamental commitment to a culture of belonging for our employees, members, and community partners. See what inclusion looks like at Rivermark and learn more on our website.

Position overview:

Provides leadership and oversight of the Finance Team, ensuring alignment with the organization’s strategic objectives.  Responsible for overseeing financial reporting, investment portfolio, balance sheet risk management, liquidity management, and asset/liability management. Serves as a key advisor to senior leadership, contributes to the long-term financial strategy, and ensures sound financial practices to maintain the Credit Union’s fiscal health.  Leads high-impact projects, plays a critical role in the annual budget process, fosters cross-departmental collaboration, and drives financial initiatives that support growth, profitability, and risk mitigation.

Primary responsibilities:

• Provides leadership to create a high-performing, creative, and collaborative work environment. Develops a team of motivated, results-oriented individuals.
• Oversees the preparation and analysis of the Credit Union’s asset/liability management reports, providing insights and recommendations to senior leadership.
• Analyzes results and understands the Credit Union’s balance sheet risk and makes recommendations for changes to balance sheet strategy as necessary.
• Directs collaboration with the Credit Union’s Asset Liability Management (ALM) vendor to ensure accuracy and optimize the ALM model and recommends adjustments as necessary. 
• Collaborates with leadership to construct a forward-looking investment strategy that aligns with organizational goals and balancing risk exposure and management of the Credit Union’s investment portfolio. Formulates appropriate risk exposure; considers convexity, credit, sector, and liquidity risk. Responsible for the proper settlement of all investment transactions.
• Advises the Asset Liability Committee (ALCO) and effectively collaborates with product managers to ensure appropriate balance sheet mix and interest rates that meet business needs and goals. Conducts profitability analysis of originated and purchased/participated loans, making recommendations to optimize revenue and risk balance. 
• Oversees the annual budget project and ongoing forecast process, including cash flow forecasting. Engages with department managers to build department budgets, align with organizational strategy, and report back on budget versus actual performance.  Uses modeling software and performs analysis of results.  Reviews and approves financial models, ensuring accuracy and alignment with strategic priorities.  Identifies and communicates key financial drivers to senior leadership.
• Serves as a treasury subject matter and financial modeling expert, providing guidance and training to staff and leadership.  Regularly presents financial and strategic insights to internal committees.  Leads initiatives to enhance financial literacy and decision-making across the organization.
• Supports the Credit Union’s Current Expected Credit Loss (CECL) and Mortgage Servicing Rights (MSR) models. Conducts thorough analysis of results and provides insights to leadership.
• Ensures adherence to all regulatory requirements and internal policies related to finance, investments, and ALM activities.  Drives the development of financial policies and procedures to improve operational efficiency and mitigate risk.

Must-haves:

• Bachelor’s degree in accounting, finance or economics required.
• Minimum ten years of experience in financial reporting, analysis, treasury management, and risk modeling within a financial institution.
• Minimum of seven years of progressive management/leadership experience.
• Leads by example and exhibits leadership abilities that create a high-performing, creative, and collaborative work environment.
• Demonstrated applied knowledge of accounting principles, with relevant knowledge of generally accepted accounting principles (GAAP). 
• Advanced knowledge of investment and loan portfolio analysis.
• Advanced knowledge of asset/liability management, strategies, and analysis.
• High level of regulatory knowledge. Experience interacting with auditors and regulatory bodies.
• Advanced knowledge of Microsoft Office software, with a heavy emphasis on Excel. Must be technologically savvy, with the ability to quickly learn new systems and software applications.
• This position will be a hybrid work schedule (in-office and remote).  

Why choose us

We offer a competitive benefits package designed to support your well-being and professional growth. Visit our Benefits page to learn more.

Rivermark Community Credit Union is proud to be an Equal Opportunity Employer that celebrates diversity. We acknowledge the challenges in our industry and strive to develop an inclusive culture where all individuals are valued and respected.