Chief Financial Officer Alabama State Employees Credit ...

Alabama State Employees Credit Union (ASE) was established in 1954 to serve the financial needs of the state employees and their families. Now with over $420 Million in assets, ASE has expanded to include additional select employee groups while serving 11 counties in Alabama. Headquartered in Montgomery, AL, their mission is to serve their communities with integrity and commitment, helping members manage finances and realize dreams. They have been recognized as one of the “Best of the Best” credit unions in the state. Their core values include putting members first, demonstrating integrity, fostering trustworthiness, treating others with respect, being engaged, and acting with a sense of urgency.The credit union is poised for growth and has an exciting opportunity for a Chief Financial Officer. This executive will oversee the credit union’s financial plans, policies, accounting practices, budgeting, taxes, asset and liability management, and compliance with applicable regulations. Responsibilities also include developing financial reports, advising management on fiscal control and profitability, and representing the credit union with industry and regulatory organizations.Major Duties and ResponsibilitiesOversee and interpret financial reporting to management and the Board of Directors.Serve as a coach and mentor to the finance team, providing support and direction. Promote a culture of ownership, mission alignment, and open communication. Manage recruitment, performance, and employee engagement, ensuring adherence to employment laws.Represent the credit union on financial matters with industry, government, regulators, and investors. Liaise with examiners and auditors to ensure compliance and efficient regulatory reporting.Evaluate product utilization and customer feedback to recommend new services that enhance stability and profitability.Monitor interest rate, credit, and portfolio risks. Set limitations and strategies to reduce interest rate risk. Provide detailed ALCO and investment reports to the Board and management. Update ALM policies per NCUA regulations.Manage investment and borrowing portfolios to maximize earnings and protect assets.Oversee Risk Management programs, ensuring adequate insurance coverage to mitigate exposure.Ensure compliance with all policies, procedures, laws, and regulations.The ideal candidate will have 8-10 years of financial management experience, including at least 5 years in a leadership role. A bachelor’s degree and CPA certification are required. The candidate should possess a forward-thinking mindset, excellent leadership and communication skills, integrity, and a commitment to the cooperative culture. #J-18808-Ljbffr

Created: 2025-09-17