Raiz Federal Credit Union
Chief Financial Officer
Position Summary
Raiz Federal Credit Union is in search of an experienced, finance executive to join their team as a Chief Financial Officer. Reporting to the Executive Vice President of Administration, this role is responsible for directing, coordinating, maintaining, and controlling an accounting system that properly reflects the financial position of the Credit Union. The CFO monitors the Accounting Department’s policies and procedures and recommends improvements. Functions as a member of the Senior Management Team, participates in establishing and implementing major goals and objectives of the Credit Union serving as a resource in all aspects of accounting. This position oversees budgeting, general ledger, accounts payable and receivable, risk management, asset and liability management, capital expenditures, and the investment of Credit Union assets. A Bachelor’s degree is required. Master’s degree preferred; CPA preferred. Minimum of 10 years of progressive management experience within the financial services industry, last three years in a senior or executive management position. Previous credit union experience is a plus. Extensive knowledge of procedures, policies, and generally accepted accounting principles.
Company Profile
Raiz Federal Credit Union was founded in 1936 as El Paso Area Teachers Federal Credit Union (TFCU). Currently, Raiz FCU has over $908 million in assets and more than 70,000 members. Raiz FCU is a member-owned financial institution that provides a full range of high-quality financial services at great rates and low-cost to its members. Products offered include business services, convenience services, deposit accounts, loans, and youth accounts. An array of lending products offered include auto loans, signature loans, lines of credit, RV loans, motorcycle loans, real estate loans, and mechanics lien loans. Raiz FCU’s website features online services such as online banking, mobile banking, bill pay, check reordering, live chat, and financial calculators.
Community Profile
El Paso, Texas, located in far west Texas on the border with Mexico, is known for being a leader in international trade. The city is home to more than 678,000 people making it the 23rd largest city in the United States. El Paso is recognized as one of America’s Best-Performing Cities and one of the Happiest Cities to Work. With more than 300 days of sunshine a year, the weather is perfect for any outdoor lover. The city offers a variety of parks and recreation activities, outdoor music concerts, and cultural events. Franklin Mountains State Park provides the perfect setting for rock climbing, hiking, and biking. El Paso also offers a diverse and rich culture that is clearly a reflection of its history and the great people that have called the city their home. El Paso is also home to Fort Bliss, the fastest-growing U.S. Army installation in the United States and a vital part of the city’s economy. Other pillars of El Paso’s economy include the University of Texas at El Paso and the Medical Center of the Americas, which houses the only four-year medical school located on the U.S./Mexico border. The city is not only a great place to work but also to live.
Compensation
An excellent competitive compensation package will be offered to the selected candidate.
You may recommend others for candidacy by contacting Jessica Jarman, Senior Vice President at (800) 367-0433, extension 138 or [email protected].