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 beginnings—where everyone pitched in to help one another in their community—that 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. These qualities foster a true sense of member-ownership and strengthen the credit union’s bond with the people for whom this credit union was created.
There are a few things we look for those we hire at SF Fire Credit Union, regardless of role or team.
Be Personal – Walk the Member/Employee Path
Be the Connection – Serve our Community
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?
Whether it’s a potluck lunch, baking birthday cakes for colleagues in the kitchen, or after-hours get together, we’re here to do a great job and have a good time while doing it 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. 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 union’s 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
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
8+ years of progressive experience working in Asset Liability Management at a financial institution
~5+ years of experience with programing languages
~Bachelor's degree in quantitative field, MBA or CFA preferred
~ Solid understanding of accounting, valuation analysis, and bank regulation
~ Extensive knowledge and experience with financial instruments, balance sheet optimization, FTP, and liquidity modeling
~ 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
~ Strong project management skills required
~ Customer Focus - Is dedicated to meeting the expectations of internal and external customers
Decision Quality - Makes good decisions based upon a mixture of analysis, experience and judgment
Personal Learning - Seeks feedback; 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; We have a competitive compensation and benefits package, but the true reward of working for SF Fire Credit Union goes beyond what you’ll see on a pay-stub. We genuinely care our employees and we strive to invest in their professional and personal growth. Health, Vision, Dental and Life Insurance
~ Annual Incentive/Bonus Program
~ Tuition Reimbursement Program
~11 Paid Holidays + Competitive PTO package
~ Professional development and training programs
~ On-demand personal coaching resource
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