First Federal Bank appoints Alex Rivera as Director of the Finance Division

First Federal Bank announces that Alex Rivera has been appointed as the Director of Mortgage Finance and Capital Markets Operations. His primary role will be the oversight for the financial, accounting, and operational aspects of Residential Mortgage Banking.

Rivera brings more than 28 years of extensive expertise in cost accounting, financial analysis, and budgeting, as well as earning designations as a Certified Public Accountant (CPA) and as an Accredited Mortgage Professional (AMP).

“We are very excited to welcome Alex to his new role within the First Federal Bank family. His success leading growth and stability within QRL Financial Services was exactly what we were looking for in this position,” said David Brewer, Senior Executive Vice President and Chief Financial Officer.

Most recently, Rivera served as the Senior Vice President, Managing Director for QRL Financial Services which originates between 600 million and 1 billion annually in mortgage loans. He provided strategic direction and acted as the liaison to First Federal Bank’s executive management for all areas of QRL Financial Services. Alex will continue to assist the leadership team at QRL Financial Services.

 “I am excited about this new opportunity and to drive the accounting, secondary marketing and servicing operations for the bank while maintaining a leadership role with QRL Financial Services,” said Alex Rivera.