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Northwestern Mutual · 12 hours ago

Credit Union Controller

Milwaukee, WI

Full-time

Onsite

Mid, Senior Level

$70K/yr - $149K/yr

5+ years exp

Northwestern Mutual is a leading financial services company, and they are seeking a Credit Union Controller to oversee financial reporting and accounting areas. The role involves managing regulatory examinations, developing financial policies, and contributing to strategic direction while ensuring compliance with accounting principles.

AdviceConsultingEmployee BenefitsFinanceFinancial ServicesInsuranceLife InsuranceWealth Management

H1B Sponsor Likely

Responsibilities

Responsible for timely and accurate preparation of the Northwestern Mutual Credit Union financial statements in accordance with Generally Accepted Accounting Principles

Prepares and reviews bank and general ledger account reconciliations ensuring that reconciling items are researched and resolved

Prepares monthly reports for the credit union's board of directors

Develops and maintains written accounting procedures for all credit union products and services

Manages the auditing and regulatory examination function of the credit union

Manages all credit union tax reporting and quarterly regulatory reporting

Develops appropriate internal controls that will ensure accuracy in credit union operations and deter fraud. Provides training to other credit union employees and monitors adherence to those controls

Plays a key role in the credit union's investment and liquidity management functions according to policy. Analyzes potential investments based on credit union investment policy

Plays a key role in assessing concentration risk, liquidity risk, and cash flow projections. Ensures adequate liquidity for typical loan demand and deposit withdrawals and conducts annual tests of contingent liquidity sources

Manages the credit union's Asset/Liability Management (ALM) function, providing accurate input and analyzing output for accuracy, risks, and trends. Consults with ALM vendor requesting projections using various what-if assumptions. Works in conjunction with the President and Asset Liability Committee (ALCO) Chair to set agendas, run meetings and maintain meeting minutes. Reports results and recommendations to management and the board of directors. Oversees the back testing and validation of the ALM model and assumptions as needed

Plays a key role in the budgeting function of the credit union, providing historical information and projections under various assumptions to management and the board of directors

Manages vendor relationships and performs annual analysis on them

Qualification

Financial Accounting PrinciplesFinancial AnalysisCompliance MetricsAuditsConsultingBusiness AutomationStorytelling through DataCross Functional PartneringLearning AgilityProcess ImprovementAttention to DetailCritical Thinking

Required

Bachelor's degree in accounting or finance

5 - 7 years of previous accounting or finance experience in a financial institution; in lieu of financial institution experience, CPA or MBA will be considered

Demonstrated ability to work independently while prioritizing multiple tasks

Strong analytical, decision making and communication skills

Proficient user of Microsoft Office suite of products

Benefits

Flexible work schedules

Concierge service

Comprehensive benefits

Employee resource groups

Company

Northwestern Mutual

Glassdoor3.9

Northwestern Mutual delivers financial security to millions with life, disability income and long-term care insurance, and investments.

Founded in 1857

Milwaukee, Wisconsin, USA

5001-10000 employees

https://www.northwesternmutual.com

H1B Sponsorship

Northwestern Mutual has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2020 (1)