Chief Financial Officer, Banking

Posting Date : 08 / 12 / 2025

Job Number : 25-13

Position : Chief Financial Officer, Banking

Location : McMinnville, Oregon (on-site)

Hours Per Week : Full Time - Exempt

We are seeking an experienced  Chief Financial Officer (CFO) to provide leadership in the development of and continuous evaluation of strategic financial objectives. The CFO directs and oversees all aspects of Accounting for the Association and provides executive management and the Board of Directors with strategic advice and guidance on financial implications of business activities.

About the Role :

Chief Financial Officer is a single-position classification and is accountable for the financial and fiscal management of Association operations, including accounting and finance operations to insure compliance with common industry practices, generally accepted accounting practices (GAAP) and federal rules and regulations. Manage cash and investment position to assure greatest return on investment and positive cash flow status of the organization and consideration of interest rate risk. Chief Financial Officer is a member of the executive management team.

Key Responsibilities :

Financial Reporting : Directs accounting team to ensure that financial reporting objectives are met.

Ensure that the financial close and control review is completed timely.

Serves as an acting member of the ALCO Committee and non-voting member of the Finance Committee of the Board.

Prepare for and participate in ALCO committee meetings.

Prepare board and financial reports.

Manage the ALM model, producing reports and presenting to senior management and the Board.

Manage investment portfolio performance review and strategy.

Liaison with external auditors and regulatory examiners.

Prepare budget and 3 year forecast and provide monitoring report monthly.

Prepare ALLL calculation and narrative.

Utilize risk management software to provide management with models on interest rate risk, potential strategies in varying interest rate environments.

Perform liquidity calculation and stress testing

Perform ALM and Capital stress testing

Assist in annual risk assessment project and vendor management program evaluations.

Manage strategic plan for the Accounting Department and participate in providing quarterly update to the Board.

Bank Administration

• Responsible for management of the Association Vendor Management Program and will participate in creation and evaluation of risk assessments.
• Oversee company insurance programs including but not limited to; building liability, D & O, EPLI, auto, E & O Etc.
• Will participate in negotiating contracts with vendors, contractors and others and works with outside counsel as needed on same.
• Will function as a back-up on payroll and be expected to maintain an up-to-date understanding of this program.

Audits and Examinations : Will function as the primary contact for responding to and managing document flow for external audits.

Supervision : Supervises Accounting staff to ensure maximum productivity and contribution of personnel.

Compliance Management :

Communication : Performs a variety of written and verbal communication tasks and projects in order to ensure satisfactory completion / implementation of work or projects

Responsible for communication of the Association's financial plan and direction.

Coordinates and conducts staff, management, and committee meeting presentations. Make presentations to Board of Directors as necessary.

Authors formal and informal written communiques for internal and / or external customers, management, employees, etc.

Facilitates critical business meetings requiring negotiation, strategic planning, etc.

Responsible for communication of time frames developed / established for accounting / finance related projects.

Other Duties - Will perform other duties as assigned by the President / CEO and the Board of Directors.

What You Bring :

Minimum Job Requirements :

Four-year college degree with a major in Accounting, Finance or Economics and a minimum of 8 years of experience. Financial institution experience, CPA, MBA, or Banking School certificate preferred.

Why Join Us?

Pre-Employment Requirements : This position will have access to cash, financial instruments, financial transactions or confidential customer financial information. As a result, the following pre-employment screens are required.

Applications : Applications for employment are available online at First Federal at

Deadline for Application : Position will remain open until filled

First Federal is an Equal Opportunity Employer - Vets / Disabled, committed to a diverse workforce. First Federal participates in the Federal E-Verify Program and is an Affirmative Action Employer. If you need assistance with completion of an application for employment, please contact the Human Resources Department at or email .