CHIEF FINANCIAL OFFICER
CapEd Federal Credit Union
$1.4B Assets
Meridian, ID
Lead the Balance Sheet. Strengthen the Organization. Serve the Membership.
CapEd Credit Union is seeking a Chief Financial Officer (CFO) to serve as a key strategic partner to the CEO and Executive Leadership Team. This role is central to the credit union’s financial strength, profitability, and long-term direction, with direct influence on strategy, performance, and risk management.
CapEd Credit Union is a member-owned financial cooperative committed to making a difference, where every member experience matters. With a strong foundation and a focus on growth, CapEd combines financial strength with a culture built on empowerment, professionalism, innovation, and collaboration.
The Role
Reporting to the President/CEO, the CFO is a key decision-maker responsible for the overall financial health, sustainability, forecasting, and strategic financial direction of the credit union. This includes oversight of accounting, finance, investments, and risk management.
The CFO ensures accurate financial reporting, maintains strong internal controls, and leads audit and regulatory relationships. This role works closely with the CEO and Board of Directors, providing clear, practical insight on financial results, forecasts, and risk.
The CFO plays a critical leadership role in Asset Liability Management (ALM), Asset-Liability Committee (ALCO) strategy, capital planning, and financial risk management. This includes aligning financial strategy with growth objectives, supporting commercial and construction lending, and providing discipline around portfolio performance and pricing, including secondary market considerations.
What You Will Be Responsible For
- Partnering with the CEO, Executive Team, and Board to define and execute long-term financial strategy
- Leading enterprise-wide financial planning, budgeting, and forecasting processes
- Developing financial models to support decision-making, scenario planning, and strategic initiatives
- Overseeing profitability across products, services, and member segments, including NIM, ROA, and non-interest income
- Supporting balance sheet optimization, capital planning, and overall financial structure
- Leading ALM and ALCO, including interest rate risk, liquidity, and capital strategy
- Overseeing CECL methodology, modeling, implementation, and ongoing review
- Managing liquidity, investment portfolio strategy, and funding sources
- Ensuring accurate financial reporting in accordance with GAAP and regulatory standards, with strong internal controls and audit readiness
- Partnering with Risk and Compliance to support sound financial risk management and alignment with NCUA requirements
- Presenting financial results, forecasts, and strategic insights to the Board and Executive Team in a clear and practical manner
- Leading and developing finance and accounting teams, fostering accountability and continuous improvement
What You Bring to the Table
You are an experienced financial leader who understands how to manage a balance sheet, control risk, and support steady, sustainable growth.
- 10+ years of progressive financial leadership experience, ideally within a credit union or financial institution
- Strong background in ALM, liquidity, investments, CECL, and financial forecasting
- Understanding and knowledge of commercial and construction lending portfolios, including performance and pricing considerations, and secondary markets
- Knowledge of GAAP and NCUA regulations, including audit and exam processes
- Experience working with executive teams and presenting to a Board
- Bachelor’s degree in Accounting, Finance, or related field (CPA and/or MBA preferred)
- A practical, collaborative leadership style that builds trust, develops people, and aligns with organizational culture.
What the Position Offers
- Executive Role: Direct partnership with the CEO and involvement in key organizational decisions
- Organizational Impact: Responsibility for financial performance, structure, and long-term sustainability
- Visibility: Regular interaction with the Board, auditors, and regulators
- Team Leadership: Oversight and development of finance and accounting teams
- Member Impact: A role that supports the financial strength behind every member experience
- Work Structure: On-site role with a hybrid office schedule
Why CapEd
CapEd offers the opportunity to do meaningful executive work in an organization that values accountability, collaboration, and service. Financial leadership here is closely tied to member experience, organizational strength, and long-term community impact.
This is a place where the CFO is expected to be engaged, approachable, and aligned with the team, someone who fits the culture as much as they bring technical expertise. For the right leader, this role provides the opportunity to influence strategy, develop people, strengthen performance, and support a mission that matters.
If you are a financial leader who values both performance and culture, CapEd offers a clear next step.
CapEd is committed to providing a comprehensive and competitive benefits package that supports the health, financial well-being, and work-life balance of its employees.
ABOUT DDJ MYERS, an ALM First Company
DDJ Myers is the executive search consultant for this organization. Our expertise is in supporting leadership teams in sustainable practices for high-performing organizations through succession planning, leadership development programs, executive coaching, board governance and renewal, and executive search. Please learn more about us at www.ddjmyers.com.
