Promontory Interfinancial Network plans to hire about six people in the next two months. Phil Battey, vice president of public affairs, and Susan Gayle, vice president of human resources, talked with The Post's Andrea Caumont.
What does your company do?
Phil Battey: We are technically a certificate of deposit placement service. The FDIC has a limit on the amount of insurance you can get on a deposit: $100,000 per depositor per institution. If I were fortunate enough to have $100,001 and I put it all in the bank and the bank failed, that $1 over $100,000 would be uninsured. We're a network that provides the technology to 600 banks around the country to make it possible for customers to get full federal deposit insurance for up to $10 million. If you go into one of our banks with $1 million you want covered by FDIC insurance, we provide the technology to match certificates of deposit from your bank to other members of the network to make sure your whole deposit is covered. Your experience as the customer is with one institution, one consolidated statement and one [Form] 1099.
What do you think your employees would say were the best reasons for working at your company?
Susan Gayle: I hear consistently from candidates that they feel an energy in this company, they feel teamwork and they want to be a part of it. Because we're a small company, everyone makes a difference and an impact.
Who owns your company?
Battey: We're privately held. The founders are Eugene Ludwig, Alan Blinder, Mark Jacobsen and Alfred Moses.
What sense of stability can your company offer job candidates?
Gayle: I think we can offer as much stability as any other company. When we hire someone, it's for a unique skill. We need to retain our employees, so we're careful about bringing new people on. If we add new people it's because they're vital, they're needed and it's long-term. Any short-term needs we have are filled by consultants.
What are the demographics of your company?
Companywide, we are 35 percent female and 28 percent minority. Within the management team, we are 53 percent female and 37 percent minority.
What positions do you have available and what level of expertise do you want?
We're looking for three senior Java developers with experience developing enterprise applications, Web and software development and Java. We're also looking for one customer systems technical business analyst (and one part-time customer systems intern) with data warehousing skills, Access and SQL database skills and experience with functional analysis and requirements gathering. We're also hiring a marketing manager, who understands banking and financial services terms, and a banking educational specialist with experience developing training materials and delivering Internet-based training.