First Tech Federal Credit Union

Senior Director, Asset Liability Management

Hillsboro, Oregon

Asset Size: $17B

Join a Leading, Forward-Thinking Financial Institution

First Tech Federal Credit Union is more than a financial institution; we’re a $17 billion (and growing) member-owned cooperative powered by a people-before-profit philosophy. With a pending merger set to expand our asset size to over $30 billion, we’re entering one of our history's most exciting growth phases. This is a rare opportunity to step into a critical leadership role during a transformative time, shaping our asset-liability strategy today while being positioned as part of a future succession plan for senior leadership.

What You Will Do

As the Senior Director, Asset Liability Management, you will:

• Lead and execute First Tech’s Interest Rate Risk model via the Asset Liability Committee (ALCO), aligning balance sheet strategies with the credit union’s long-term objectives.
• Model and evaluate scenarios to guide earnings, capital, liquidity, and interest rate risk strategies.
• Drive liquidity and capital optimization, ensuring the credit union can meet its funding needs in all market environments.
• Collaborate cross-functionally with business units, senior leadership, and external partners (Moody’s, ALM First, Temenos) to deliver actionable insights and recommendations.
• Lead and develop a high-performing ALM team, fostering a culture of innovation, accountability, and continuous improvement.
• Report and present monthly to ALCO, providing clear, data-driven strategies to mitigate risk and enhance earnings.

What We’re Looking For

We seek an experienced ALM leader who brings both technical mastery and strategic vision. To be successful, you will have:

• 10+ years of experience with Interest Rate Risk models (ZM/Moody’s, QRM, Empyrean, Profitstars, IPS Sendero, BancWare) in the financial services industry.
• Experience at a credit union, bank, or financial institution with assets of $10B+.
• 7+ years leading high-performing teams.
• Proven track record in the development of earnings, capital, liquidity, and interest rate risk strategies.
• Strong knowledge of duration, interest rate sensitivity, price elasticity, and balance sheet optimization.
• Bachelor’s degree in Finance, Accounting, Business Administration, or related field (advanced degree preferred).
• Exceptional communication skills to translate complex financial concepts for all levels of the organization.

Why Join Now?

• Unprecedented Growth: With a pending merger nearly doubling our size, you’ll be part of strategic decisions shaping a $30B+ institution.
• Succession Opportunity: This role is key to our leadership pipeline, offering long-term career growth potential.
• Impact at Scale: Your work will directly influence earnings, capital allocation, and long-term member value.
• Collaborative Culture: Work alongside an engaged executive team and talented peers passionate about innovation and service.

Benefits and Perks

• Competitive base salary + annual bonus
• 401(k) with up to 5% match
• Generous PTO and 11 paid federal holidays
• Comprehensive medical, dental, and vision coverage
• Special employee pricing on mortgages, auto loans, and more

Location

This position is based in Hillsboro, Oregon, one of Oregon’s most diverse and dynamic cities. Ideally located in the Pacific Northwest, 10 miles west of Portland, Hillsboro is an hour’s drive from the beautiful Cascade Mountains and Columbia River Gorge to the east, and the sandy beaches of the Pacific Ocean to the west.

Base Salary: $175,000 - $200,000

ABOUT FIRST TECH FEDERAL CREDIT UNION

More than just banking. We're a member-owned financial institution that is powered by a people-before-profit philosophy. We invest in our member family with personalized financial services and convenient banking solutions to help you thrive.

Founded in 1952 by a few astute people at Hewlett-Packard and Tektronix, First Tech is the nation’s premier credit union serving the world’s leading technology-oriented companies and their employees. We offer a full range of customized products and services, as well as individual tools for financial wellness. We invest in our members with great rates and convenient digital, face-to-face, and self-service banking solutions.

We also provide exclusive financial services for businesses and their employees through our partnerships with Select Employer Groups, such as HP Inc., Hewlett Packard Enterprise, Microsoft, Agilent, Intel, Cisco, Amazon, Nike, Intuit, Google, and more.

ABOUT DDJ MYERS, an ALM FIRST Company

DDJ Myers is the executive search consultant for this organization. Our expertise is in supporting leadership teams in sustainable practices for high-performing organizations through succession planning, leadership development programs, executive coaching, board governance and renewal, and executive search. Please learn more about us at www.ddjmyers.com.