VP Finance

Executives Vacaville, California


Summary:  Travis Credit Union’s (TCU) Vice President of Finance is the de facto treasurer of the credit union, responsible for the management of balance sheet structure, liquidity, and interest rate risk.  This position designs and drives all aspects of the corporate budget planning and financial analysis, to include ensuring net interest margin and profitability are at sustainable levels.  In addition, the VP coordinates the corporate investment portfolio.


  • Oversees all aspects of the organization's budgeting function. Evaluates budget and what-if scenarios, as well as historical financial data. Participates in preparing and monitoring the annual operating and capital plan, communicating plan variances and forecasting future projections.
  • Directs and oversees competitive financial analysis and statistical studies. Reviews reports on historical and future trends in performance to determine appropriate paths for financial development.
  • Provides leadership, motivation, coaching, professional development and day-to-day support to the Financial Analysts. Conducts performance reviews in a timely manner. Develops and implements procedural changes to improve efficiencies and ensure compliance with laws and regulations.
  • Oversees the development and administration of the asset liability management systems and risk management reporting. Participates on the Asset Liability Management and Investment Committees to monitor economic conditions, adjustments and effects on the credit union’s portfolio. Develops and maintains organizational profitability and performance measurement systems.
  • Directs all aspects of the organization’s investment program. Oversees the Treasury and Balance Sheet Management, to include ensuring investments are acquired/sold when appropriate and always done within policy, and prudent borrowing are undertaken within an overall liquidity management framework. Reviews investment strategy, policies and procedures and recommends changes to increase efficiency and portfolio profitability.
  • Attends board meetings as needed, reports on areas of responsibility and actively participates in the organizational short-and long-term strategic planning and goal setting. Participates actively in civic and community activities to enhance the credit union’s image and visibility, as well as reinforce the credit union’s commitment to the communities we serve.


  • PC skills to include Outlook, word-processing and extensive spreadsheet experience.
  • Strong analytical and financial statement forecasting skills, and the ability to accurately gather, analyze and present financial, statistical and economic data in clear and concise fashion.
  • Strong verbal and written communication skills and ability to successfully tailor communications according to the audience. Ability to prepare and effectively facilitate presentations.
  • Ability to work effectively with other internal departments and all levels of staff to achieve overall organization goals.
  • Thorough understanding of finance and accounting information and the ability to exercise judgment, initiative and tact in dealing with staff and management.
  • Ability to provide leadership, support, motivation and professional development to staff. Strong professional interpersonal skills and the ability to lead by example.
  • Sound understanding of credit union products and services.

Supervisory Relationships:

  • Reports directly to the Senior Vice President/CFO.
  • Direct supervisory responsibility for assigned department staff.
  • Overall management responsibility for all division staff.

Experience and Education:

  • BA/BS degree in finance or economics or equivalent experience. MBA or certification preferred.
  • Minimum 8 years finance experience in a financial institution.
  • Minimum 5 years of progressive management experience. Direct experience in financial investments and asset/liability management in a company of similar or larger size required.

Working Conditions: Work is generally performed within an office environment, with standard office equipment available and usually sedentary in nature. Requires traveling to Credit Union branches and other venues, and attending special and community-related events during business hours, evenings and/or weekends.

Participation in TCU Driving Program is required. Incumbents will be required to furnish their driving record from the Department of Motor Vehicles, proof on insurance and sign an authorization so TCU can obtain records directly from the Department of Motor Vehicles. Subject to any limitations imposed by law, full cooperation with any request for records or request for an authorization to seek such records is required.

Starting salary is commensurate with experience. In addition to our competitive benefits, this opportunity with Travis Credit Union has a range of: 

  • $206,654.55 Annually - $254,273.00/annually