Jacob Beaty
Senior Consultant at Empyrean Solutions- Claim this Profile
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Bio
John Stewart, Ph.D., CFA, FRM
I am pleased to recommend Jacob Beaty. Jacob reported to me for about five years at the Federal Home Loan Bank of Seattle. Among other projects, Jacob led the modeling and analysis of complex private label mortgage backed securities and whole loan mortgages. He played a critical role of stress testing investments and aggregating results for our Dodd Frank Act Stress Test submissions. Jacob consistently delivers analysis and insight that has been of very high value to our business, tackles challenging projects, and is extremely efficient in his work. He is a pleasure to work with.
Sanjaya Bandaranayake, CFA
I got to know Jacob in early 2009 as we both were involved in the cash flow modeling of private label (non-agency) mortgage backed securities for OTTI evaluation for our respective Banks. Since then, we have had multiple interactions both on a regular basis and on special projects such as the FHFA-DFAST stress testing (analogous to the Fed CCAR test). From my interactions, I could say with great confidence that Jacob is very knowledgeable in the area of banking and finance, particularly in the area of credit risk management. I strongly feel that Jacob would be able to contribute to the success of any organization and I do not hesitate in recommending him.
John Stewart, Ph.D., CFA, FRM
I am pleased to recommend Jacob Beaty. Jacob reported to me for about five years at the Federal Home Loan Bank of Seattle. Among other projects, Jacob led the modeling and analysis of complex private label mortgage backed securities and whole loan mortgages. He played a critical role of stress testing investments and aggregating results for our Dodd Frank Act Stress Test submissions. Jacob consistently delivers analysis and insight that has been of very high value to our business, tackles challenging projects, and is extremely efficient in his work. He is a pleasure to work with.
Sanjaya Bandaranayake, CFA
I got to know Jacob in early 2009 as we both were involved in the cash flow modeling of private label (non-agency) mortgage backed securities for OTTI evaluation for our respective Banks. Since then, we have had multiple interactions both on a regular basis and on special projects such as the FHFA-DFAST stress testing (analogous to the Fed CCAR test). From my interactions, I could say with great confidence that Jacob is very knowledgeable in the area of banking and finance, particularly in the area of credit risk management. I strongly feel that Jacob would be able to contribute to the success of any organization and I do not hesitate in recommending him.
John Stewart, Ph.D., CFA, FRM
I am pleased to recommend Jacob Beaty. Jacob reported to me for about five years at the Federal Home Loan Bank of Seattle. Among other projects, Jacob led the modeling and analysis of complex private label mortgage backed securities and whole loan mortgages. He played a critical role of stress testing investments and aggregating results for our Dodd Frank Act Stress Test submissions. Jacob consistently delivers analysis and insight that has been of very high value to our business, tackles challenging projects, and is extremely efficient in his work. He is a pleasure to work with.
Sanjaya Bandaranayake, CFA
I got to know Jacob in early 2009 as we both were involved in the cash flow modeling of private label (non-agency) mortgage backed securities for OTTI evaluation for our respective Banks. Since then, we have had multiple interactions both on a regular basis and on special projects such as the FHFA-DFAST stress testing (analogous to the Fed CCAR test). From my interactions, I could say with great confidence that Jacob is very knowledgeable in the area of banking and finance, particularly in the area of credit risk management. I strongly feel that Jacob would be able to contribute to the success of any organization and I do not hesitate in recommending him.
John Stewart, Ph.D., CFA, FRM
I am pleased to recommend Jacob Beaty. Jacob reported to me for about five years at the Federal Home Loan Bank of Seattle. Among other projects, Jacob led the modeling and analysis of complex private label mortgage backed securities and whole loan mortgages. He played a critical role of stress testing investments and aggregating results for our Dodd Frank Act Stress Test submissions. Jacob consistently delivers analysis and insight that has been of very high value to our business, tackles challenging projects, and is extremely efficient in his work. He is a pleasure to work with.
Sanjaya Bandaranayake, CFA
I got to know Jacob in early 2009 as we both were involved in the cash flow modeling of private label (non-agency) mortgage backed securities for OTTI evaluation for our respective Banks. Since then, we have had multiple interactions both on a regular basis and on special projects such as the FHFA-DFAST stress testing (analogous to the Fed CCAR test). From my interactions, I could say with great confidence that Jacob is very knowledgeable in the area of banking and finance, particularly in the area of credit risk management. I strongly feel that Jacob would be able to contribute to the success of any organization and I do not hesitate in recommending him.
Experience
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Empyrean Solutions
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United States
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Software Development
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1 - 100 Employee
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Senior Consultant
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May 2023 - Present
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Customers Bank
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United States
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Banking
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400 - 500 Employee
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Interest Rate Risk Manager
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Sep 2020 - May 2023
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Columbia Bank
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Banking
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700 & Above Employee
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Asset Liability Analyst
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Feb 2018 - Sep 2020
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WSECU
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United States
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Banking
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400 - 500 Employee
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Senior Financial Analyst
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Nov 2016 - Feb 2018
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First Fed
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United States
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Banking
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200 - 300 Employee
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Financial & Budget Analyst, AVP
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2016 - 2016
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Puget Sound Bank is now Heritage Bank NW
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United States
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Banking
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1 - 100 Employee
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Financial Reporting and Analysis Officer, AVP
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2015 - 2016
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Enterprise Risk Analysis Manager, AVP
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2009 - 2015
-Display expertise in overseeing the credit modeling for other than temporary impairment (OTTI) and related risk measures. -Lead and administer the measurment of key risk and accounting measures for the Bank's mortgage holdings, including development of a loan loss reserve model. -Played an integral role in the credit risk analysis for the Bank's MBS holdings-Collaborated with the Chief Risk Officer in conceptualizing a capital plan during the financial crisis.
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Financial Research & Budget Analyst
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2007 - 2009
-Performed research and analysis of treasury activities for performance benchmarking, systems analysis, trend reporting, forensic trade, and accounting analysis. -Prepared annual operating and capital budget, financial performance, and budget variance- Acted as liaison to the budget center manager's throughout the bank to guarantee the precision in preparing the department budget input. - Researched key drivers of daily, monthly, quarterly, operating plan to actual results. -Successfully led the implementation of a new software system which shortened the product lifecycle, minimized operation risks, and increased trading efficiencies. Show less
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Trading Assistant
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2005 - 2007
-Conducted financial analysis on debt, investment, and derivative portfolios.-Functioned effectively in giving technical and analytical assistance to Treasury, Accounting, and Market Risk departments to ensure adherence to applicable policies and regulations. - Spearheaded the succuss system implementation of new debt instruments which reduced the bank's cost of funds.
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Farmers Insurance
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United States
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Insurance
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700 & Above Employee
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Analyst
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Apr 2004 - Aug 2005
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Education
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2012 - 2015
Creighton University
Master of Investment Management & Financial Analysis -
2004 - 2006
City University of Seattle
MBA, Financial Management -
2001 - 2004
Washington State University
B.A., Risk Management
Community
