Director of Financial Management
This role requires a proactive leader with experience in overseeing various financial management functions, including budgeting, forecasting, financial reporting, and treasury risk management. This role requires a strong understanding of managing performance and profitability in a banking and mortgage servicing environment.
Key Responsibilities:- Financial Management: Lead and manage budgeting, forecasting, and strategic planning processes to ensure financial stability and growth.
- Data Analysis: Conduct thorough data analysis to support internal reporting and drive informed decision-making.
- Internal Reporting: Design, prepare and present internal financial reports, including LOB performance, profitability, and scorecards.
- M&A Analysis: Conduct thorough analysis of merger and acquisition opportunities to support strategic growth initiatives.
- Interest Rate Risk: Assess and manage interest rate risks to optimize financial outcomes in uncertain interest rate environment.
- Liquidity Risk: Monitor and manage liquidity risks to ensure adequate cash flow and financial stability.
- Securities Management: manage, analyze, and trade the securities portfolio to meet liquidity and yield needs within defined parameters.
- Wholesale Funding: Manage funding of balance sheet growth, ensuring short and long term liquidity needs are met.
- Derivatives Activity: Monitor and guide line of business use of back-to-back swaps and manage use of derivatives to hedge balance sheet from interest rate risk.
- Loan & Deposit Pricing: Develop and maintain pricing models for loans and deposits to ensure competitiveness and profitability.
Requirements
- Bachelor's degree in Finance, Accounting, or a related field (Master's degree preferred).
- CPA or CFA certification is highly desirable.
- 7-10 years banking or mortgage servicing industry experience required
- Proven experience in financial management, accounting, treasury, and risk management.
- Proven ability to manage multiple tasks and meet deadlines
- Strong analytical skills and attention to detail.
- Excellent communication and presentation skills.
- Proficiency in financial modeling, forecasting, and data analysis tools.
Skill and Competencies:- Proficiency in financial software and tools.
- Strong leadership and team management skills.
- Ability to work collaboratively with cross-functional teams.
- Problem-solving and critical thinking abilities.
- High level of integrity and ethical standards.
Salary Description
$142.9k to $167.1k