Responsible for the management of interest rate risk, liquidity, and a $600 million investment portfolio for one of Arizona’s largest credit unions. Manage one Treasury Strategist and two credit risk analysts.Generated $5.8 million in one-time gains and/or opportunity savings, $1.7 million in annual revenue enhancement, $390 thousand in trading execution pick-up, and delivered $14.6 million in wealth enhancement from investment portfolio management returns in the 91st percentile over the past three years. Implemented loan participations to address production, earnings and geographical diversification. Provide key role in budgeting and planning, variance analysis, and risk-adjusted loan and deposit pricing. Provided thought leadership for the Enterprise Risk Management (ERM) initiative and implementation, strategic planning and modeling of balance sheet re-engineering strategies. Designed branch, product, and member profitability analytical foundation. Developed financial models to determine baseline incentive payout for collections department based on value of promises kept, identify abuse of FMLA using Chi-Squared evaluation of pattern of days missed, and value lines of business. Interfaced with Controllers group to develop accounting treatment of mutual fund disbursement of underwater RMBS securities, analytical foundation for SFAS 114 Accounting for Troubled Debt Restructurings fair value calculation, and a level-yield loan participation premium amortization tool. Achieved strong rapport with National Credit Union Administration (NCUA) facilitating an accretive CAMELS rating and cemented close relationship with FHLBSF permitting continued access to external financing during period of rapid capital deterioration.

Responsible for the risk management of a $22 billion balance sheet composed of CMO &REMIC securitizations and a $2.0 billion ARM and $500 million fixed mortgage pipeline, bulk acquisition of $11.3 billion Alt-A residential mortgages in 2005 using a pro-rata/OC securitization structure, quantitative applications, and SOX 404 compliance. Conduct presentations for equity analysts and investors. Member of ALCO, Executive Committee, Loan Committee, Advisor to the Board, and Chairman of the Forecast Assumption Committee (FAC). Managed seven analysts.

Responsible for overall asset/liability management of a $10.6 billion commercial bank, interest rate risk/funding center, $600 million investment portfolio and liquidity/funding position. Interface with internal/external auditors and bank regulators. Advisor to the Asset/Liability Committee, member of the Advisory ALM Committee, the Loan and Deposit Pricing Committee, Compliance Coordination Committee, and the Funding/Liquidity Committee. Supervised two analysts.

Responsible for identifying, quantifying and analyzing the interest rate risk of $20 billion First Interstate Bank (FICAL);formulating, recommending and executing derivative strategies; monitoring the interest rate risk position of the $54 billion Consolidated Corporation (BANCORP); hedging the Parent’s external debt position; development of funds transfer pricing assumptions; ensuring compliance with regulatory requirements and reviewing proposed regulation. Participated in M&A valuation. Supervised two analysts. ALCO Secretary.

Second Vice President – Manager of Off Balance Sheet FinancingResponsible for combined swap and cap book of $1 billion. Developed interest rate risk management strategies for middle market corporate banking customers. Analyzed embedded options in the Bank’s mortgage portfolio from 1/89 to 5/89. Developed ARM pricing model. Valued prepayment option in fixed rate mortgages.Financial Futures Officer – Identified mispricing in the basis between deliverable cash notes, bonds and futures. Recommended cash-futures arbitrage strategies to institutional clients. Traded bank’s arbitrage account. Marketed financial futures and options and supervised two strategists.

Formulated portfolio and asset/liability management strategies employing financial futures and options. Explored applications to non-traditional areas of fixed-rate loan financing, bond immunization strategies, and foreign interest rate hedging.

Provided quantitative support, analyzed existing and potential futures markets and responded to proposed CFTC legislation.