Oferta de trabajo: Treasurer

Who We Are

First Fed is a local community bank on an exciting growth trajectory with 18 locations including 12 full-service branches in Western Washington. First Fed was recognized by the Puget Sound Business Journal as a Best Workplace for the last 3 years and a Top Corporate Philanthropist in 2023. By popular vote, First Fed received 2023 awards for Best Bank in The Best of the Northwest, Best Banker in Readers' Choice by Cascadia Daily News, and Peninsula Daily News named us Best Bank on the Olympic Peninsula. We also received a Best-In-State bank award from Forbes in 2021.  

 For over 100 years First Fed has served our customers and communities throughout the PNW. We've donated over $9 million to non-profit organizations in the past 8 years through our foundations, sponsorships, direct donations, and matched employee donations. Our amazing team has volunteered over 25,000 hours in the past 5 years -- many by using our benefit of 3 paid volunteer days per year!  

We welcome applicants from all backgrounds -- our diversity makes us stronger. Join our award-winning team!  

Our Values

Optimism:  We are positive and decisive. We believe the future will be better than the past. Our attitude demonstrates persistence which leads to success.

Initiative:  We are self-starters and find innovative solutions. We are courageous, entrepreneurial, and passionate. We take action for good.

Respect:  We include individuals from diverse backgrounds and with different perspectives. We are committed to honoring and serving others.

Growth:  We learn and adapt so we can continually improve. We believe in personal growth through grit and determination.

Ownership:  We are invested in our endeavors. We are accountable and take responsibility for our actions and decisions.

Position Purpose:

The Treasurer is responsible for overseeing the Bank's treasury operations, including liquidity management, investment strategies, risk management, and treasury planning. The ideal candidate will ensure the bank's financial stability and compliance with regulatory requirements while optimizing the use of financial resources.

Essential Functions:

Manage all daily cash management and liquidity functions, ensuring adequate liquidity for working capital needs and invest short term excess cash

Manage interest rate risk function including oversight of the bank's asset liability management model including data preparation, assumptions management, reporting, model validations and funds transfer pricing

Participate in net interest margin planning for the forecast process, including rate exceptions/deposit pricing strategies

Manage the bank's wholesale funding activities such as brokered CDs, Fed Funds, and FHLB advances, including relative value analysis across wholesale funding options and trade execution

Perform screening and evaluation of fixed income securities, including US Treasuries, agency debt, mortgage-backed securities (MBS), municipal securities, and other types of investing

• Metrics to include total return, yield, cash flows, duration and optionality.

Evaluate and execute derivative transactions such as swaps and interest rate hedges, as part of the Bank's overall interest rate management program

Participate in conference calls, discussing the overall financial markets, interest rate landscape, and economic environment

Provide support, as needed, to the Company's investor relations activities

Prepare materials for Pricing Committee and Asset Liability Committee (ALCO) meetings

Develop financial strategies and financing structures that enable the Bank to maintain strong liquidity ratings as well as support strategic objectives

Maintain an efficient system of policies and procedures that adequ