Posted: Nov 20, 2024

Chief Financial Officer

Full-time
Salary: $132,000.00 Annually
Application Deadline: Jan 4, 2025
Administration

Are We the Place for You?

First Alliance Credit Union ($285MM, Rochester, MN) is seeking a new Chief Financial Officer. The Credit Union was founded in 1932 and has grown to serve more than 20,000 members across Southeast Minnesota. Our Vision – A financial oasis where everyone has access to the opportunities they deserve.

We are headquartered in Greater Rochester, Minnesota (Minnesota’s third-largest city) with a growing and increasingly diverse population; employers enjoy the Mayo Clinic and IBM as they attract individuals to the area, and residents are also drawn to our robust parks and thriving local art scene.

Our mission at First Alliance Credit Union is simple: We show up. We listen to your story. We provide opportunities.

Is This the Career for You?

First Alliance Credit Union seeks a strategic leader to play a pivotal role in overseeing and advancing key financial functions, including financial planning and strategy, data analytics and business intelligence, risk management and compliance, and performance management. This leader will develop, implement, and maintain financial strategies that drive sustainable growth, optimize resources, and align with a member-centric focus on delivering high-quality financial services. Experience with industries such as cannabis-related businesses is a plus.

The Chief Financial Officer will work closely with senior leadership to integrate financial planning, risk management, and performance metrics into the credit union's overall strategy. This role will actively support a culture of accountability, sustainability, and social responsibility, ensuring that the credit union’s financial health is balanced with community impact. Regular communication of financial insights, data-driven recommendations, and KPIs to Executive Management will enable well-informed, proactive decision-making.

This role requires a forward-thinking, approachable leader skilled in collaboration, change management, and stakeholder engagement, with the ability to build strong relationships with employees, community leaders, and industry partners. The ideal candidate will guide the credit union with business acumen, compassion, and a commitment to understanding and meeting the evolving needs of our members and communities.

Help Us Get to Know You

Please submit your resume or LinkedIn profile, highlighting 5-10 years of relevant experience in financial leadership. Candidates should possess a bachelor’s degree in business, finance, economics, or a related field.  Certifications such as CPA or CFA or an advanced degree a plus. Strong preference for a Credit Union Development Educator (CUDE) and experience with community Development Financial Institutions (CDFIs), Low Income Designations (LID/LICU). Inclusiv, or Opportunity Finance Network (CFN). Proven expertise in financial planning, compliance, risk management, BSA/AML, fraud prevention, and internal audit within the financial services sector is also desirable. 

The target salary range is approximately $132,000 - $156,000.

Apply Online: https://bit.ly/3YBUHKp