OneUnited Bank, the largest Black-owned bank in America is looking for a proven financial executive to join our dynamic management team as we work to help develop urban communities across the nation, raise financial literacy with our communities and build Black economic power in America. This position will be in our Los Angeles office. Learn more about us at www.oneunited.com
Proven Executive with extensive knowledge of the finance, accounting, banking regulations and investment functions in a banking environment. Provides leadership, direction, and management of regulatory reporting, and financial planning including treasury, credit, interest rate risk management, investment, funds management, strategic planning, budgeting, investor relations and recordkeeping activities of the bank to ensure they meet generally accepted accounting practices (GAAP) and are safe and sound. Chairs Asset/Liability Committee and Purchasing Committee. Participates in other management and board committees (Internal Asset Review Committee) and board of director reporting initiatives.
RESPONSIBILITIES AND ACCOUNTABILITIES:
Responsible for managing all financial, accounting and investment functions of the bank to include but not limited to:
Providing guidance and analysis for strategic planning including projections and sensitivity analysis
Providing balance scorecard for Bank’s performance to the Board of Directors
Presenting monthly analysis of results to the board of directors including sensitivity analysis and exceptions to policy.
Managing accounts payable and accounts receivable, preparing annual budget, managing the budget, financial analysis, financial reporting and record keeping, investments, taxes and ensuring general ledger accounts are reconciled monthly.
Developing, implementing, and evaluating policies and procedures for the Finance Department. Ensuring all policies and procedures reflect compliance with current banking regulations and state and federal laws.
Assisting with lease negotiation and major purchasing decisions for capital equipment or other capital asset expenditures.
Ensuring staff is trained in all policies and procedures relative to the department.
15 years of finance experience with a minimum of 10 years in a financial institution and five years in a senior management position.
Master’s degree in Accounting, Finance or Business; CPA a plus
Knowledge of bank accounting and regulations, investments, interest rate risk management and funds management
Excellent analytical, oral and written communication skills and ability to collaborate with a strong team of managers are required.
Up to date knowledge of current financial and accounting computer applications.
The Bank is in full compliance with the Americans with Disabilities Act (ADA) and does not discriminate with regard to applicants or employees with disabilities, and will make reasonable accommodation when necessary.
OneUnited Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status.
About OneUnited Bank
OneUnited Bank, the nation’s largest black-owned bank and FDIC insured, understands we have to focus on money to improve the lives of our community! Black buying power in America today is over $1.2 trillion dollars. When focused on improving our neighborhoods and supporting Black-owned businesses that are more likely to hire Black people, those dollars become a powerful force. We want you to stand up and represent. We want you to be part of the movement – to BankBlack® and #BuyBlack – to demonstrate our economic power. Yes…Black Lives Matter. Black Money Matters.