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Director, Asset Liability Management (ALM) (Santa Rosa)
Director, Asset Liability Management (ALM) (Santa Rosa)SF Fire Credit Union • Santa Rosa, CA, US
Director, Asset Liability Management (ALM) (Santa Rosa)

Director, Asset Liability Management (ALM) (Santa Rosa)

SF Fire Credit Union • Santa Rosa, CA, US
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  • [job_card.part_time]
[job_card.job_description]

Where it all began

In 1951 SF Fire Credit Union first opened its doors from a modest 10 15 office space in 17 Engine. It was from those humble beginningswhere everyone pitched in to help one another in their communitythat the organization forged its way of business forever. Today, the San Francisco-based credit union has grown to $1.7B in assets and a membership that extends from the regional firefighters we trace our roots back to throughout our many neighbors in San Francisco, San Mateo and Marin Counties. Our members benefit from the ideas and principles that have shaped us : Shared trust, continuous innovation of products and services, competitive rates, and excellent member service. These qualities foster a true sense of member-ownership and strengthen the credit unions bond with the people for whom this credit union was created.

What we stand for

There are a few things we look for those we hire at SF Fire Credit Union, regardless of role or team.

First, do they align with our values?

Be Personal Walk the Member / Employee Path

Be a Leader Empower, Collaborate, Own

Be Outside the Box Innovate, Educate, Engage

Be Real Integrity and Transparency Matter

Be the Connection Serve our Community

Second, will they thrive in a culture like ours, where we default to trust, embrace feedback, and desire to innovate? Finally, do they share our vision to help empower members to accomplish their dreams and build lasting financial security in whatever way is most relevant to their role?

What it feels like

Most days it feels more like going to work with a big family. Whether its a potluck lunch, baking birthday cakes for colleagues in the kitchen, or after-hours get together, were here to do a great job and have a good time while doing it! We value a good sense of humor, are motivated by a higher purpose, and always bring an in-this-together attitude. While were driven to do great work, we also value real work / life balance.

Is This the Career for You?

Within Treasury and broader Finance organization, the Director, ALM is responsible for analyzing, modeling, and reporting related to interest rate risk and the overall asset liability management function for the institution. The person will also assist in managing the investment portfolio. Furthermore, this role interacts with all the various business lines to understand and forecast revenues.

What You Get To Do :

  • Model and evaluate scenarios to guide earnings, capital, liquidity, and interest rate risk strategies
  • Develop strategies that optimize the balance sheet to meet the credit unions long-term objectives
  • Evaluate the accuracy of model output, analyze results, and develop informative, accurate, and insightful reporting for various management committees and the Board of Directors
  • Own, manage, and continuously improve the ALM model by refining assumptions and designing large customer behavior data studies to inform model development
  • Participates in management of liquidity risk, interest rate risk, investments, and funding of the balance sheet
  • Support capital market activities
  • Assists with regulatory compliance, which includes capital and liquidity stress testing, responsible for developing and monitoring capital and liquidity metrics
  • Plans and executes asset and liability management and related hedging strategies
  • Interprets financial data relative to current financial developments / trends
  • Assists in the management of the fixed income investment portfolio, including due diligence, analysis, documentation, safekeeping, and pledging
  • Performs other duties and functions as needed, and interacts with various levels within the organization

What We Look For In You

  • 8+ years of progressive experience working in Asset Liability Management at a financial institution
  • 5+ years of experience in quantitative modeling
  • 5+ years of experience with programing languages
  • 3+ years of experience working with QRM, Empyrean, or equivalent
  • Bachelor's degree in quantitative field, MBA or CFA preferred
  • Analytical mindset with a high degree of technical acumen
  • Solid understanding of accounting, valuation analysis, and bank regulation
  • Extensive knowledge and experience with financial instruments, balance sheet optimization, FTP, and liquidity modeling
  • Subject matter expert (SME) in QRM, Empyrean, ZMdesk, or equivalent. Empyrean highly preferred.
  • Strong knowledge of econometric modeling related to IRR, fixed income, prepayments, and deposits with preference for experience with SAS or R
  • Highly proficient with SQL, VBA, or Python and relational databases
  • Extensive experience building data visualization tools
  • Self-starter with ability to work independently on multiple workstreams
  • Strong project management skills required
  • Excellent verbal and written communication skills
  • Required Competencies :

  • Customer Focus - Is dedicated to meeting the expectations of internal and external customers
  • Approachability - Is easy to approach and talk to; Spends extra effort to put others at ease
  • Peer Relationships - Is seen as a team player and is cooperative
  • Decision Quality - Makes good decisions based upon a mixture of analysis, experience and judgment
  • Problem Solving - Uses rigorous logic to solve difficult problems with effective solutions
  • Drive For Results - Steadfastly pushes self and others for results
  • Interpersonal Savvy - Relates well to all kinds of people; builds constructive and effective relationships
  • Integrity and Trust - Is widely trusted; is seen as a direct truthful individual
  • Listening - Practices attentive and active listening; Has the patience to hear people out
  • Action Oriented - Full of energy for things he / she sees as challenging, not fearful of acting
  • Personal Learning - Seeks feedback; Displays a high level of curiosity and translates it into new approaches to problem solving
  • Creativity - Challenges conventional practices in a constructive manner
  • Note : This job description is non-contractual, or an exhaustive list and it may be added to or changed to from time to time

    Salary

    This compensation range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At SFFCU, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range for the San Francisco Market is an annual salary of $118,000 to $180,000.

    OUR BENEFITS

    We have a competitive compensation and benefits package, but the true reward of working for SF Fire Credit Union goes beyond what youll see on a pay-stub. We genuinely care our employees and we strive to invest in their professional and personal growth. Were a relatively small organization at about 200 employees, so you can see the impact of your efforts and the value your contributions bring to our members and fellow employees.

  • 401(k) and Employer Match
  • Health, Vision, Dental and Life Insurance
  • Annual Incentive / Bonus Program
  • Tuition Reimbursement Program
  • 11 Paid Holidays + Competitive PTO package
  • Home & Consumer Loan Program (Discounted Rates)
  • Professional development and training programs
  • On-demand personal coaching resource
  • Wellness Program (Discounted Gym Membership)
  • Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

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