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The Panther Group
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https://www.thepanthergrp.com
https://www.thepanthergrp.com
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Director Finance
Posted: 02/13/2025
2025-02-13
2025-04-16
Employment Type:
Direct Hire
Industry: Director of Finance
Job Number: 42886
Job Description
Director, Finance
The Director of Finance is key to ensuring the stringent regulatory requirements in the areas of interest rate risk and liquidity management are adhered to. This position plays a leadership role ensuring a high-performing team that is continually maximizing efficiency with a positive impact on the financial health of the company while providing excellent service to its stakeholders.
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Responsibilities:Â
Specific duties include, but are not limited to, the following:
Strategy, Planning, and Management:
Requirements:
Leadership Competencies:
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The Director of Finance is key to ensuring the stringent regulatory requirements in the areas of interest rate risk and liquidity management are adhered to. This position plays a leadership role ensuring a high-performing team that is continually maximizing efficiency with a positive impact on the financial health of the company while providing excellent service to its stakeholders.
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Responsibilities:Â
Specific duties include, but are not limited to, the following:
Strategy, Planning, and Management:
- Serves as finance subject matter expert and cross-functionally supports projects and programs.
- Studies long-range economic trends and projects company prospects for future growth in overall income, liquidity, net worth, and market share.
- Provides insight and recommendations to both short-term and long-term growth plans, and helps establish yearly financial objectives that align with the credit union’s goals.
- Supports new business initiatives and new product offerings by providing decision support analysis.
- Oversee all ALM programs ensuring a safe and sound framework that operates well within board-approved risk levels and regulatory expectations.  Ensure that the facility’s balance sheet is positioned to address any potential market-related interest rate and liquidity risks.
- Develop and implement strategies to optimize the ALM framework, effectively managing interest rate risk, liquidity risk, and funding needs while driving opportunities for growth and revenue enhancement.
- Lead the development and execution of stress testing scenarios to assess the credit union’s resilience to adverse economic conditions and regulatory requirements.
- Oversee the company’s investment portfolio and implement strategies that optimize liquidity and returns under the guidance of ALCO.
- Oversee the secondary marketing program, including loan participation purchases and sales. Â Oversee the portfolio of loan purchases monitoring for performance.
- Oversee pricing strategies for loan and deposit products. Analyze market trends, interest rates, and competitor offerings to determine competitive and profitable pricing structures.
- Serve as the primary liaison for advisory firms engaged by the company in support of ALM and Investment strategies.
- Serves as a key point of contact for external and internal auditors in matters pertaining to asset liability management.
- Oversee the monthly, quarterly, and annual forecasting process to ensure both the timeliness and accuracy of reporting.
- Serve as the subject matter expert on all planning and budgeting software tools used by the department (ProfitStars, Deposits360, Liquidity360, Deposit Dynamics pricing model, nCino loan analytics)
- Must be adept at developing ad hoc complex models in Excel when third-party models cannot be used.
- Review and ensure the application of appropriate internal controls, compliance, and financial procedures.
- Monitor key financial metrics and performance indicators, analyzing trends and identifying areas for improvement or risk mitigation.
- Collaborate with the Accounting team during the monthly close process by providing monthly margin analysis, and rate volume analysis, ensuring reported results are fairly and accurately reported.
- Responsible for preparing monthly reporting and analysis for management and board reporting, as well as all ALCO reports.
Requirements:
- Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
- 10+ years of progressive experience in finance, with a minimum of 5 years in a finance leadership position at a similarly sized bank or credit union.
- In-depth knowledge of asset liability management principles, planning systems, and stress testing methodologies.
- Strong understanding of bank accounting concepts and GAAP, with the ability to interpret and apply regulatory guidelines effectively.
- Excellent analytical skills and attention to detail, with the ability to analyze complex financial data and draw actionable insights.
- Proven leadership abilities, with experience managing teams and driving results in a collaborative environment.
- Exceptional communication and interpersonal skills, with the ability to articulate financial concepts to diverse audiences and influence decision-making processes.
- Strategic mindset and forward-thinking approach, with the ability to anticipate challenges and develop proactive solutions.
- Demonstrated success in planning, organizing, and leading people and activities. Ability to motivate, direct, and coach staff.
- Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail.
- Technologically proficient.Â
Leadership Competencies:
- Proven ability to manage change
- Capacity to take calculated risks and innovate
- Experience in setting vision and strategy
- Lead by example and encourage team to develop adaptability
- Successful in communicating effectively
- Priorities developing others
- Thinking that values diversity and difference
- Proven ability to build and maintain relationships at all levels of the organization
- Skilled at managing effective teams and work groups that default to action, are accountable, and take ownership of work
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Meet Your Recruiter
Ashley Dineen
Ashley Dineen has been with The Panther Group since 2009 and has worked within many areas of the company including payroll, compliance, on-boarding, recruitment, and client management.
Ashley is a mother of two and enjoys spending time with family in her spare time.
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