Director of Treasury

Who is Quorum

Quorum Federal Credit Union is a national employer of choice that attracts, develops, enables, and retains the right resources to drive the organization forward. We are a human-centered organization that delivers a positive work journey andis committed to enhancing the lives of our employees and helping them to grow personally and professionally. We offer a unique value proposition to employees including Total Rewards, Work Journey, Work Paradigm, and Q-DNA to improve work-life balance and help employees live happier, more productive lives while contributing to our mission.

Job Description Summary

The Director of Treasury leads the financial planning & analysis, treasury, and risk management functions. In addition, the role is responsible for analyzing financial components of the business, recommending opportunities for improvement, and supporting the accounting function.

Key Job Responsibilities and Accountabilities

• Strategic Financial Reporting:Develop and deliver meaningful, insightful financial reports that support strategic decision-making. Collaborate with business leaders to manage balance sheet positions and optimize capital allocation, supporting long-term profitability aligned with organizational goals.
• Financial Planning & Analysis (FP&A):Lead the financial planning and analysis function, including the annual budgeting process, rolling forecasts, and analysis of actual performance. Utilize scenario planning to anticipate financial outcomes and establish sound expense management practices to ensure funds are used efficiently.
• Asset-Liability Management (ALM):Oversee ALM activities using Net Economic Value (NEV) and Net Interest Income (NII) modeling tools to assess interest rate risk and liquidity exposure. Serve as a key member of the ALCO (Asset-Liability Committee), facilitating meetings, performing scenario analyses, and preparing regular reports.
• Risk Governance:Manage the organization's risk governance program. Lead or coordinate critical risk management functions, including monitoring key risk indicators, identifying emerging risks, overseeing issue management, conducting risk assessments, and supporting the Enterprise Risk Management (ERM) framework.
• Investment Portfolio Management & Liquidity:Manage the institution's investment portfolio, including transaction execution, monitoring, and strategy development. Analyze investment opportunities and provide buy/sell recommendations. Oversee both daily and long-term liquidity, including all cash management activities.
• Financial Analysis & Accounting Support:Conduct financial analyses to support accounting practices and assess business performance. Partner with the Controller to ensure compliance with GAAP, maintain audit readiness, and uphold a strong internal control framework.
• Cross-Functional Project Leadership:Lead cross-functional initiatives and change management efforts aimed at improving financial systems and processes. Provide subject matter expertise, execute project deliverables, and ensure alignment with project scope and business objectives.
• Team Leadership & Development:Manage, coach, and develop team members to build leadership capabilities and support professional growth. Handle HR matters, including performance management and succession planning.
• Policy and Procedure Management:Maintain and update Finance department policies and procedures. Ensure documentation reflects current practices, remains efficient, and complies with regulatory and GAAP standards.
• Professional Communication & Team Collaboration:Foster a positive, professional work environment by effectively communicating with internal stakeholders, external partners, and management in alignment with organizational values.
• Industry Awareness & Compliance:Stay current with industry developments, including regulatory and technological changes. Ensure compliance with internal policies, company procedures, and all applicable banking or credit union regulations.
• Other Duties:Perform additional responsibilities as needed to support department and organizational goals.

• Job Requirements, Competencies, and Skills

• Bachelor's degree in Accounting or Finance. Masters or post graduate degree preferred.
• A minimum of 8-12 years' experience in an Accounting or Finance position. Must have strong knowledge of finance, accounting standards and regulations (ASC). Credit Union or Banking related experience a plus.
• Excellent problem-solving, organizational, analytical, verbal and written communication skills.
• Strong decision making and time management skills with the ability to manage multiple projects/duties.
• Results driven, service oriented, self-motivated and able to work independently.
• Trustworthy with the ability to maintain highest level of integrity and trust.
• Proficiency in Microsoft Office, specifically Word, Excel and PowerPoint.
• Experience with the NetSuite Financial Suite and Workday Adaptive Planning a plus.

Environmental / Physical / Mental Requirements

• Stable internet connection with speeds high enough for video conferencing and screen sharing
• Smartphone with current iOS/Android OS
• Prolonged periods sitting at a workstation and working on a computer
• Ability to communicate with coworkers and customers via email, chat, teleconference, and/or phone

Compliance/legal requirements

• Quorum is an Equal Employment Opportunity employer. Qualified applicants will be considered for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, marital status, protected veteran status, or disability status.
• Quorum will make reasonable accommodations in compliance with the Americans with Disabilities Act of 1990. Reasonable accommodations are available upon request for applicants and/or employees with qualifying disabilities throughout the application and employment process.
• Qualified Applicants with arrest or conviction records will be considered for employment in accordance with all applicable federal, state, city and local laws, rules, and regulations.
• This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employee(s) will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. The company reserves the sole right and discretion to make changes to this job description.
• Each employee is required to uphold the Credit Union's compliance with all policies, procedures, and required regulations including the Bank Secrecy Act and our Anti-Money Laundering policy.
• This document does not create an employment contract, implied or otherwise, other than an "at-will" relationship.

**PLEASE NOTE**

We are not able to consider candidates for this role who reside in Montana, Nebraska, Rhode Island, or Puerto Rico

Quorum's opportunities are based in the US and US work authorization is required. We are not able to support current or future sponsorship.

Salary Range: $170,000 - $190,000 per year. Individual salary will vary based on skills and experience. Discretionary incentive compensation may be available based on company and individual performance.

Benefits: Medical, Vision, Dental, Retirement Benefits, and Paid Time Off (PTO)

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