Vice President Treasurer

7 days left

Location
Sunnyvale, California
Salary
DOE
Posted
Jun 27, 2018
Closes
Jul 27, 2018
Ref
10720
Employment Type
Full Time
Education
Bachelors

Be a part of one of the most successful financial institutions in the country.

Star One Credit Union is the Silicon Valley's largest, member-owned financial institution. Star One offers financial services to more than 100,000 members worldwide. With assets over $9 billion, Star One is the largest credit union based in Silicon Valley and ranked tenth in total assets among more than 6,500 credit unions nationally.

Advantages of a Credit Union
As a member owned financial institution we are focused on providing long-term financial solutions to all of our members. As a result, we are able to return our profits back to you in the form of money saving benefits, including: higher interest on saving accounts, lower interest rates on loans and reasonable, if any, fees on products and services like checking, credit cards and real estate loans.  

Mission

Our Mission is to improve each member's life by delivering valuable financial services.

Vice President Treasurer - Sunnyvale

Schedule: Monday - Friday 8:00am - 5:00pm  

Job Scope/Duties:

Oversees management of the investment portfolio, hedging program, asset/liability management, liquidity and capital planning for the Credit Union. Manages the treasury function and performs treasury related transactions. Explores ways to increase investment yields while maintaining or reducing credit and interest rate risk levels. Monitors the cash position and invests in daily and term investments based on projected cash flows and investment policy limits. Participates as a member of the Executive Management team, Investment Committee and Asset-Liability Committee. Participates in establishing and implementing best practices as the credit union prepares for Dodd-Frank Stress Testing (DFST), Capital Planning, Bureau of Consumer Financial Protection oversight and the effects of the new regulations that are placed on financial institutions when assets exceed $10B in size, and serves as a resource in all aspects of finance.  Develops and recommends policy and program changes to Executive Management and the Board of Directors. Conducts financial research, monitors financial conditions, and prepares reports and investment recommendations.  Ensures that sound, safe, and productive investment, derivative and debt management strategies are in place. Monitors and analyzes economic trends and forecasts and their impact on the Credit Union. Provides analysis and recommends rates, pricing and terms of products and services offered by the Credit Union. Effectively manages Treasury staff, ensuring optimal performance.  Provides  leadership through effective delegation and communication. Ensures staff is well trained, developed and up to date on relative regulations, policies, and compliance requirements. Other duties as assigned.  

Experience/Minimum Education Requirements:

Requires a Bachelor’s degree in Business Administration, Accounting or Finance, or related field.  MBA, CPA or CFA preferred.  Eight  to ten years of current and progressive experience in Treasury related functions such as, but not limited to, asset/liability management, derivatives, investments, financial reporting and accounting activities at a financial institution. Practical experience with fixed income securities including mortgage-backed securities, derivatives including interest rate swaps, as well as experience with managing simulation systems including investment risk analysis, capital planning and forecasting liquidity needs.  

Special Requirements/Expectations:

Experience using asset-liability-management software, Bloomberg, Microsoft Windows, Word and Excel. Proven relationship management and negotiation skills with security and investment brokers, trade professionals, lenders and other creditors.  Attendance at conferences, seminars, conventions, etc. to stay informed of trends and changes in the Finance field.  Strong leadership skills.  Superior analytical, reasoning and judgment abilities.  Excellent written, verbal and presentation skills.   

MUST HAVE GOOD CREDIT.  

We are a proud Equal Opportunity/AAP Employer M/F/Vet/Disabled