Overview

PenFed is hiring a (Hybrid) Senior FP&A, Home Lending & CRE Manager at our Tysons, Virginia location. The Senior FP&A - Home Lending & CRE Manager plays a key role in PenFed's Financial Planning & Analysis (FP&A) Team providing strategic financial leadership and decision support to the Home Lending/Commercial business as well as PenFed executive team. This role requires a strategic consulting mindset and the ability to lead complex analyses, develop and evaluate business cases, and guide high-impact initiatives across the company. The incumbent partners closely with business leaders to own the outcomes of core FP&A processes, including forecasting, budgeting, expense management, and long-range planning. Operating as a trusted advisor to senior business leaders, the Senior Manager translates strategy into financial outcomes, ensures analytical rigor across planning activities, and enhances the quality, clarity, and impact of financial insights delivered to executives.

Responsibilities

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties, and the position will perform other duties as assigned.

• Lead and own the Home Lending and Commercial components of the annual Financial Plan and roll forecasts by establishing, reviewing, and challenging key assumptions to ensure forecasts and key performance indicators are credible, well-supported, and useful in decision-making.
• Serve as a strategic partner to Home Lending leaders to ensure alignment between team and enterprise financial objectives.
• Anticipate risks and opportunities, proactively communicating implications and recommending actions to Finance and business leadership.
• Lead development and review of business cases, including financial models, ROI/NPV analyses, and scenario/sensitivity analyses.
• Build, review, and enhance financial materials prepared for executive and board audiences, ensuring clarity, consistency, and strategic framing.
• Identify opportunities to improve FP&A processes, tools, and reporting efficiency; and lead enhancements to forecasting methodologies, modeling standards, and performance reporting.
• Champion the use of technologies that improve insight delivery and reduce production times.
• Act as direct backup in the Segment Financial and Branch Profitability process, with the goal of acting as the owner of the process.
• Contribute to PenFed's culture of collaboration by actively working across business lines to gather data, communicate insights, and share knowledge.

Qualifications

Equivalent combination of education and experience is considered.

• Bachelor's degree in business administration, Accounting, Finance or Engineering required; advanced degree or professional certification (e.g., MBA, CFA, CPA) preferred.
• Minimum of eight (8) years of progressive experience in consulting, FP&A, financial services, or banking, including demonstrated leadership within complex financial planning environments.
• Expert-level financial modeling and analytical skills, with the ability to design scalable, well-structured models that support strategic decision-making and withstand executive scrutiny.
• Proven ability to synthesize complex data into clear, executive-level insights.
• Strong business partnering skills with demonstrated experience influencing senior leaders and shaping strategic and investment decisions.
• Experience reviewing, evaluating, and enhancing work produced by other finance professionals, setting standards for analytical rigor, clarity, and consistency.
• Advanced proficiency in Excel and PowerPoint, with the ability to develop executive-ready materials efficiently.
• Experience with key FP&A systems such as OneStream or Hyperion is strongly preferred.
• Deep understanding of bank financial statements, key performance ratios, and capital and profitability metrics, with the ability to apply NPV/ROI and risk-adjusted return methodologies to evaluate strategic initiatives and investment decisions.
• Experience in retail banking or the credit union industry strongly preferred.
• Excellent interpersonal, verbal, and written communication and organizational skills, with ability to engage across all levels of management.
• Strong executive communication and presentation skills, including the ability to craft clear, compelling financial narratives supported by effective data visualization.
• Exceptional problem-solving skills and sound business judgment, with a high degree of ownership, accountability, and ability to prioritize in a changing environment.
• Ability to operate in ambiguity and able to craft efficient procedures.
• Ability to lead with diplomacy and tact while maintaining appropriate assertiveness and persistence in driving outcomes.
• Demonstrated ability to lead through influence and credibility rather than formal authority.
• Experience using AI tools preferred.

Supervisory Responsibility

This position will not supervise employees.

Licenses and Certifications

There are no additional certifications required.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*

Travel

Ability to travel to various worksites and be on call maybe required.

Pay Transparency
The anticipated starting salary range for this role is $84,700.00 - $192,495.00
This position is eligible for an organizational performance based annual bonus, subject to board discretion and approval.
This position is eligible for an individual performance based annual bonus.

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