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 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. 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 union’s bond with the people for whom this credit union was created.
What we stand for…
- 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 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! We value a good sense of humor, are motivated by a higher purpose, and always bring an “in-this-together” attitude. While we’re 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 strategiesDevelop strategies that optimize the balance sheet to meet the credit union’s long-term objectivesEvaluate the accuracy of model output, analyze results, and develop informative, accurate, and insightful reporting for various management committees and the Board of DirectorsOwn, manage, and continuously improve the ALM model by refining assumptions and designing large customer behavior data studies to inform model developmentParticipate in management of liquidity risk, interest rate risk, investments, and funding of the balance sheetSupport capital market activities, including sales and securitizations, as well as wholesale purchase activityAssist with regulatory compliance, which includes capital and liquidity stress testing, responsible for developing and monitoring capital and liquidity metricsPlan and execute asset and liability management and related hedging strategiesInterpret financial data relative to current financial developments / trendsAssist in the management of the fixed income investment portfolio, including due diligence, analysis, documentation, safekeeping, and pledgingPerform other duties and functions as needed, and interact with various levels within the organizationWhat We Look For In You
8+ years of progressive experience working in Asset Liability Management at a financial institution5+ years of experience in quantitative modeling5+ years of experience with programming languages3+ years of experience working with QRM, Empyrean, or equivalentBachelor's degree in quantitative field, MBA or CFA preferredAnalytical mindset with a high degree of technical acumenSolid understanding of accounting, valuation analysis, and bank regulationExtensive knowledge and experience with financial instruments, balance sheet optimization, FTP, and liquidity modelingSubject 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 RHighly proficient with SQL, VBA, or Python and relational databasesExtensive experience building data visualization toolsSelf-starter with ability to work independently on multiple workstreamsStrong project management skills requiredExcellent verbal and written communication skillsRequired Competencies :
Customer Focus - Is dedicated to meeting the expectations of internal and external customersApproachability - Is easy to approach and talk to; spends extra effort to put others at easePeer Relationships - Is seen as a team player and is cooperativeDecision Quality - Makes good decisions based upon a mixture of analysis, experience and judgmentProblem Solving - Uses rigorous logic to solve difficult problems with effective solutionsDrive For Results - Steadfastly pushes self and others for resultsInterpersonal Savvy - Relates well to all kinds of people; builds constructive and effective relationshipsIntegrity and Trust - Is widely trusted; is seen as a direct truthful individualListening - Practices attentive and active listening; has the patience to hear people outAction Oriented - Full of energy for things he / she sees as challenging, not fearful of actingPersonal Learning - Seeks feedback; displays a high level of curiosity and translates it into new approaches to problem solvingCreativity - Challenges conventional practices in a constructive mannerNote : This job description is non-contractual, an exhaustive list and it may be added to or changed 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 you’ll see on a pay-stub. We genuinely care our employees and we strive to invest in their professional and personal growth. We’re 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 MatchHealth, Vision, Dental and Life InsuranceAnnual Incentive / Bonus ProgramTuition Reimbursement Program11 Paid Holidays + Competitive PTO packageHome & Consumer Loan Program (Discounted Rates)Professional development and training programsOn-demand personal coaching resourceWellness Program (Discounted Gym Membership)“Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.”
#J-18808-Ljbffr