Patrick Hoey, CFA

Experience

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  HomeStreet Bank

  Jun 2008 - Apr 2012

  Licensed Senior Customer Service Rep

  Started as summer intern after my freshman year of college and continued on working each summer while class was out of session until I was hired on part-time during my senior year of college, after completing my undergraduate studies I began working towards licensing requirements for sale of investment products. Job Functions:Opening accounts, closing accounts, account research, cross-selling annuities, loans, and other account services and products, managing branch cash balances, handling cash, balancing a cash drawer, basic teller transactions, general customer serviceKnowledge Gained:Securities law/regulations, characteristics and sales of life Insurance and annuity products, FDIC Insurance, bank regulations, Check 21, customer service, Outlook, Excel, salesMilestones:Promoted from Intern to Licensed Senior Customer Service RepEarned Series 6 and 63Passed WA life and disability licensing exams Show less

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  University of Washington

  Aug 2009 - Jun 2010

  Resident Adviser

  Developed community through numerous events and programs, and helped foster a positive intellectual, emotional and social living environment for students living on-campus in residence halls.Job Functions:Quarterly 1-on-1 resident engagement meetingsMonthly Community ProgramsWeekly Staff and Resident Hall Student Association MeetingsNightly RoundsKnowledge Gained:Mentorship, community dynamics, conflict resolution, teamwork, time managementMilestones:Resolved roommate conflictsDeveloped lasting relationshipsHosted off-campus excursion to Mt. Rainer Show less

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  PACCAR

  Apr 2012 - Mar 2014

  Senior Treasury Analyst

  Hired on as the Treasury Cash Analyst for PACCAR Financial Corp. (PACCAR Inc's captive finance company) after four months promoted to Treasury Funding Analyst. Cash Analyst Job Functions:Daily Cash Forecasting and ReconciliationSettling and confirming cash flows on swaps, foreign exchange (FX), and fixed incomeMonth-end reporting on inter-company loansManaged other borrowing cost allocation/forecatingInitiated high value paymentsFunding Analyst Job Functions:Issuing Commercial PaperDrafting Debt Issuance Related SEC FilingsPrepayment analysis Global term debt planningAnalysis and aggregation of regional balance sheet and income statement forecastsAsset liability modelingPublishing cost of funds Monitoring secondary trading of debt securitiesCrystal report writingMonthly reporting (swap valuations, term debt accruals, commercial paper accruals, etc.)Daily global funding review report (containing rate updates, peer and PACCAR debt issuance rates, relevant economic data)Basis risk analysisAd hoc profitability reporting and portfolio analysisKnowledge Gained:Capital MarketsAsset-Liability ManagementMacro Economic indicatorsHedge AccountingOperating and finance lease structurePrepayment functionsInterest rate risk managementPricingAccessFP&AMilestones:Presenting at monthly ALCO meetings to CFO and CEOImplementation of Updated vintage based prepayment models Attended Annual Association of Financial Professionals Conference Show less

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  Senior Treasury Analyst

  Mar 2014 - Aug 2015

  HomeStreet Bank

  Returned to HomeStreet Bank as a Senior Treasury Analyst in the Asset Liability Management team to model, value and manage the interest rate risk position of the balance sheet.Job Functions:Quarterly interest rate risk (net interest income and economic value of equity) reporting to ALCO (Asset Liability COmmittee)Monthly reporting of duration of each balance sheet itemAd-hoc M&A analysis (core deposit intangible and loan level calculation of fair market value)Member of forecast team contributing detailed monthly interest income and expense calculationsStochastic analysis of net interest income forecastManaged Funds Transfer Pricing (FTP) approach and forecastQRM AdministratorCalculation of various 10-K and 10-Q foot notes (balance sheet gap report and fair value of financial assets valued at cost)Knowledge Gained:Stochastic ModelingAdvances Interest Rate Risk ConceptsQRM fluencyFunds Transfer PricingM&A AnalysisEssbase and HyperionIntexMilestones:Implementation of stochastic modelRationalization of Interest rate risk analysis leading to monthly duration reportingM&A analysis used to determine fair market value in transactionImproved valuation approach used on securities portfolio by using Intex and AD&Co Functionality Show less

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  KPMG US

  Apr 2015 - Jul 2017

  Senior Associate - Economic and Valuation Services
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  Nordstrom

  Jul 2017 - Sept 2019

  Treasury Manager
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  BECU

  Sept 2019 - Aug 2021

  Senior Financial Consultant
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  WaFd Bank

  Aug 2021 - now

  • SVP, Treasurer

    Oct 2024 - now

  • VP, Finance Manager

    Aug 2021 - Oct 2024