PenFed Credit Union · 3 days ago
Sr. Analyst, Treasury
McLean, VA
Full-time
Hybrid
Mid, Senior Level
3+ years expPenFed Credit Union is hiring a Sr. Analyst, Treasury to manage interest rate risk and derivatives hedging portfolio. The role involves trade strategy development, counterparty risk management, and collaboration with various functional areas to ensure effective risk management practices.
BankingCreditFinanceFinancial ServicesLending
Responsibilities
Perform forward-thinking pre-trade market analysis, transaction execution support, post-trade documentation review (including hedge accounting designations) and coordination with external bank counterparties to strengthen PenFed's access to market liquidity at competitive prices
Remain current on developments in the capital markets and engage in regular continuing education related to fixed income instruments including mortgage-related products, interest rate derivatives, (e.g., swaps, swaptions, caps and floors etc.), interest rate risk management and regulatory & legal concepts to ensure the credit union's derivatives hedging portfolio risk management policies and practices reflect industry best practices
Drive pro-active derivatives hedging portfolio risk management by identifying, measuring and monitoring Key Risk Indicators, such as market and counterparty risk exposures on a daily basis
Partner with internal partners, such as FP&A, Finance Transformation, Accounting, Secondary Marketing & MSR and CPST teams to drive financial risk management innovation and ensure that PenFed's derivatives hedging activity reflects the needs of all stakeholders
Organize and prepare risk management reporting materials for Management Working Groups, Asset Liability Committee (ALCO), the Executive Team and the credit union's Board of Directors
This is not intended to be an all-inclusive list of job duties and the position will involve participation in ad hoc projects and other duties in support of the Treasury department's ongoing treasury and risk management needs
This role is responsible for ensuring business continuity
Qualification
Required
Bachelor's degree in finance, economics, computer science, mathematics, or other quantitative discipline and experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions required
Minimum of 3 years relevant work experience in a financial institution with a specific focus in investment banking or markets, and with a background transacting (or supporting those who transact) over-the-counter derivative products or other financial markets products
Experience with Excel, PowerPoint and programming languages such as Python and SQL proficiency with data visualization/BI tools, such as PowerBI and Tableau
Experience with Derivative Path or other sophisticated derivatives pricing models that can value derivative hedging instruments
Knowledge of financial concepts used in present value analysis, financial modeling, and capital markets
Ability to manage multiple projects simultaneously and implement rapid changes in project direction
Preferred
MBA and/or CFA professional certification desired
CFA professional certification preferred, but not required
Benefits
Comprehensive health, dental, and vision plans
Paid time off
Paid parental leave
Care support
Fitness center access
401(k) match
Employee loan discounts
Fully paid life and disability coverage
Education assistance
Community involvement
Volunteer opportunities
Company
PenFed Credit Union
PenFed Credit Union offers banking services, loans, mortgages, and credit cards to individuals and small businesses.
1001-5000 employees
H1B Sponsorship
PenFed Credit Union has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (19)
2024 (20)
2023 (10)
2022 (21)
2021 (12)
2020 (11)
Funding
Current Stage
Late StageTotal Funding
$845.89M2025-09-22Debt Financing· $398.49M
2024-08-29Debt Financing· $447.4M
Leadership Team
Sarah Heintzman
Executive Vice President, CFO
Andrea McCarren
Senior Vice President & Chief Content Officer
Recent News
The Virginian-Pilot
2025-11-05
Company data provided by crunchbase