Job Description
SPIRIT OF AMERICA FEDERAL CREDIT UNION
General Summary:
Responsible for Credit Union Accounting Records; Reporting to Government Agencies and Vendors; Liaison to Data Processor; Security; Regulatory Compliance. Credit Union experience (or financial institution) Required for Experience. Responsible for assisting the Credit Union President/C.E.O. in the overall "management" of the Credit Union assets.
Essential Functions
1. Assist the President with projects, new services, obtaining bids, and so forth.
2. Ensure that the President is kept fully informed on the conditions and operations of the Credit Union, and of all important factors influencing them.
3. Assist in the development, implementation and maintenance of operational procedures to maximize efficiency and quality of work, and to provide consistent quality service to members.
4. Assume all responsibilities of the Credit Union President/CEO in his/her absence.
5. Prepare or responsible for overseeing the preparation of monthly, quarterly and annual financial and statistical reports for the President and Board of Directors.
6. Prepare for review by President and approval by the Board of Directors the Budget for the Credit Union which is consistent with the overall strategic plan. To implement and oversee the Budget after approval.
7. Security Officer of the Credit Union.
8. Serve as Bank Secrecy Act Compliance Officer, NMLS (National Mortgage Licensing System), responsible for Truth in Savings and other Regulatory compliance. Annual Federal Reserve Report - Reg D - Form 2910a. NMLS (Nationwide Mortgage Licensing System) - Registration for new and renewal of staff and so forth.
9. Ensure that the Credit Union is in compliance with state and federal laws and regulations as established by the National Credit Union Administration (NCUA), the Nebraska Department of Banking and Finance, FFIEC, and other regulatory agencies.
10. Act on Credit Union investments as a member of the Investment Committee. Obtain together information from the various Board approved investment vendors and also direct investments to include the investment maturity ladder for decision making.
11. Assist President in preparing weekly staff meetings.
12. Assist the President with the replenishment and verifying cash for MSR and MSR/Clerk cash drawers. Replenish and verify safe totals with the President or PAR with Supervisory Authority.
13. Balance previous day's business cash to GL balance; Review daily reports - Large Member Checks clearing; Cash transaction register; Override; Undo and Dormant Account reports; Loan maintenance; Make daily cash flow projection; Post Hold files and so forth.
14. Balance Millennium Corporate statements on a weekly basis.
15. Prepare Employee Retirement Plan reporting for 401(k) and Defined Benefit.
16. Responsible for insurance paperwork to include: Maintaining records for life insurance,
long term disability, health and dental. Make insurance disbursements and premium
collections for health, life and long-term disability including wrap and summary of
benefits for employees.
17. Responsible for the Credit Union's Bond and Casualty Insurance to include: questionnaires, reporting and bond claims. Completes CUNA Mutual Group bond renewal with President.
18. Take action on returned NSF checks deposited to member accounts.
19. Prepare quarterly reports for federal withholding, unemployment compensation, etc.
20. Prepare the quarterly Call Report for NCUA.
21. Prepare Annual 945 Report.
22. Attend Board of Director's monthly meetings and take minutes for the Board secretary.
23. Prepare and/or verify employee and vendor annual W-2's, 1099 MISC and so forth for
year-end reporting.
24. Seek legal counsel in processing member POA, Trusts, Guardianship and Conservative
accounts. In charge of deceased member accounts. Get appropriate documents, contact joint owners, seek legal counsel as needed and so forth.
25. File the unclaimed property report with the State by November 1 each year.
26. Create and maintain employee payroll records including their semi-monthly paystubs.
27. Staff Liaison for the IST Committee - prepares the agenda, research as needed and takes
the Committee minutes.
28. Staff Liaison to the Supervisory Committee - prepares the agenda, research as needed and
takes the Committee minutes.
29. Staff Liaison to the Delinquency Committee - prepares the agenda, research as needed
and takes the Committee minutes.
30. Maintaining vendor contracts and due diligence to include recordkeeping, mailing notices
in advance of potential non-renewal (typically six months), sending contracts to legal
counsel for review and for opinion to submit to the Board of Directors, etc.
31. Participate in community and business affairs, as necessary, to contribute to the image of
the Credit Union.
32. Other duties as assigned by the President.
NOTE: The list of essential functions is not exhaustive. It may be supplemented as necessary from time to time.
Vice President- Lincoln, NE #Hiring #Lincoln #Nebraska