DescriptionWho 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 Director of Treasury Management (DTM) has overall responsibility for the strategy, production, service and operations of the Treasury Management Department and leading a team of Treasury Management Officers (TMO) and their support staff charged with driving treasury management fee income and core deposit growth.Essential Functions:
Develop new business relationships and grow existing customer relationships in new and existing markets.
Collaborate with Senior Directors of Commercial and Community Banking, and their Relationship Managersand Branch Managers, to maximize relationships via cross-selling of Treasury products and services with prospective/new and existing customers.
Formulate and execute the Treasury Management vision, strategy, and roadmap in alignment with bank strategy.
Develop and execute product and market strategy in collaboration with the Commercial and Community Bank departments, and senior bank leadership.
Recommend new initiatives to grow and maintain the department to offer a full suite of products and services.
Provide leadership, coaching, mentoring, and training to develop and motivate team to successful achievement of departmental goals.
Recruit and retain high quality department employees to meet demand and provide consistent delivery of excellent customer service.
Plan the annual department budget consistent with assigned objectives and assign goals to TMOs commensurate with meeting or exceeding budgeted revenue streams and performance standards.
Develop, monitor, and analyze performance metrics to evaluate and coach progress toward budget.
Serve as the subject matter expert in treasury management solutions and industry trends to fluently sell, train, and ensure our suite of business products and services are competitive. Maintain an understanding of all products and services offered to enable effective sales and service.
Assist all internal partners in outside business development calls. Establish, promote, and participate in networking opportunities within the communities we serve to build brand awareness and source for business.
Prepare and present Executive-level reports to communicate the status of performance and initiatives.
Ensure compliance with all regulations, policies, and procedures.
Foster a high-performance department culture which is collaborative and demands accountability for superior results beneficial to both the bank and its customers.
Qualifications/Requirements:
Bachelor degree in Finance, Business or related field required. Masters preferred.
10+ years of Treasury Management experience required.
Extensive knowledge of Treasury Management products, deposit products and services.
Strong communication skills and ability to negotiate and close a sales deal.
Attention to detail and strong organizational skills.
Effective presentation skills with the ability to professionally represent the organization to a variety of internal and external audiences.
Ability to handle pressure effectively and remain adaptable in a fast-paced, changing work environment.
Strong PC skills including proficiency with Microsoft Office applications (Word, Excel, PowerPoint).
Valid Washington State driver’s license and travel is required.
Physical Requirements:
The work requires the ability to operate office machines and equipment, such as personal computers, printers, copying machines and telephones. The work requires the ability to communicate clearly with customers, coworkers, and others in person and on telephones. Work activities involve combinations of sitting/standing for extended periods.Pay Range
The pay range for this position is $115,998.98 - $197,198.27
The typical hiring range for this position is $115,998.98 – $175,000
The incentive plan for this position is an annual payout based on meeting Treasury and Bank goals.
Employees will be eligible for our benefits package including medical, dental, and vision insurance, paid time off, retirement plans (401k with company match and Employee Stock Ownership Plan), gym membership reimbursement, discounts on our banking products, and more! Additional information on our benefits package can be viewed at https://www.ourfirstfed.com/careers
QualificationsEducationRequired
Bachelors or better in Finance
Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
