VP Strategic Initiatives

Position Summary

At The Bancorp weve spent more than 25 years driving innovation in the financial services industry. As one of the first banks to embrace fintech we combine technology expertise and a forward-looking approach to deliver creative real-world solutions. We work side by side with our partners to help them grow and innovate with confidence. Across Fintech Solutions Institutional Banking Commercial Lending and Real Estate Bridge Lending we provide the people processes technology and banking capabilities that turn bold ideas into outcomes.

Join a team that brings urgency and rigor to every challenge and plays a direct role in driving growth for our clients and the communities we serve.

The Vice President Strategic Initiatives role is responsible for advancing priorities across strategy finance balance-sheet management investments and technology as a hands-on senior leader on the Finance team. The role supports initiatives focused on new better and faster processes and workflows across Finance including Asset/Liability Committee (ALCO) and board-level materials. It redesigns how key finance activities are performed so they are institutionalized repeatable and efficient bringing disciplined project management and structure to ambiguous problems as The Bancorps Finance team continues to evolve.

Key Responsibilities

• Supports financial planning and performance management including budgeting periodic forecasting long-range planning and management reporting.
• Analyzes actual results against budget forecast and prior periods to identify key drivers.
• Designs new reporting processes dashboards and management metrics.
• Supports capital planning profitability analysis expense management and financial scenario modeling.
• Supports preparation of accurate timely and decision-useful ALCO materials in partnership with Treasury Accounting Risk lending deposit and investment teams.
• Analyzes balance-sheet composition liquidity funding interest-rate risk deposit trends and investment activity.
• Prepares executive summaries that identify significant trends emerging risks and recommended actions.
• Improves ALCO production workflow including data sourcing templates review procedures and controls so materials are produced with less manual effort and delivered on schedule every cycle.
• Serves as the architect of Finances processes and workflows translating business requirements into practical technology data and workflow solutions.
• Maps current-state processes identifies inefficiencies and control gaps and designs scalable future-state workflows.
• Leads planning and reporting system implementations as structured projects from requirements through testing change management and adoption.
• Establishes process ownership data definitions and documentation so key finance activities are repeatable well-controlled and not dependent on individuals.
• Prepares presentations analyses and recommendations for executive management ALCO and the Board of Directors.
• Leads high-priority projects that fall outside traditional functional boundaries bringing a consistent project framework defined deliverables and regular progress reporting.
• Builds reusable templates and processes for recurring executive and board deliverables so they are produced faster with less rework.
• Communicates complex financial operational and technical matters clearly to audiences with varying levels of expertise.
• Performs other duties as assigned.

Qualification Requirements

• Bachelors degree in Finance Accounting Economics Mathematics Information Systems or a related field or an equivalent combination of education and experience required.
• MBA advanced degree or relevant professional certification preferred.
• Minimum of 10 years of progressively responsible experience in finance strategic planning treasury investment management or financial operations within banking fintech or another regulated financial-services environment.
• Demonstrated understanding of financial statements budgeting forecasting balance-sheet management net interest income and margin drivers interest-rate and liquidity risk and capital management.
• Demonstrated track record as a process architect designing and implementing new better and faster finance workflows including process redesign workflow automation and technology implementations required.
• Experience implementing or administering an enterprise planning or reporting platform preferred.
• Advanced financial modeling skills with expert-level proficiency in Microsoft Excel and PowerPoint.
• Intermediate proficiency in Microsoft Word Outlook and Teams.
• Experience with Bloomberg S&P Global or similar market data platforms preferred.
• Ability to work with large or complex datasets and translate findings into concise executive-level insights.
• Strong project-management discipline including scoping workplan development stakeholder management risk and issue tracking and status reporting with the ability to run multiple initiatives concurrently and deliver high-quality work with limited oversight.
• Excellent written and verbal communication skills including experience preparing executive and board-level materials.

Travel Requirements

• This is a remote position.
• Occasional travel expected approximately once per quarter for leadership meetings planning sessions vendor engagements and industry or investor events.

Physical Requirements

• Primarily sedentary work performed in a remote-office or office setting; prolonged periods sitting at a desk and working on a computer.
• Must be able to lift and carry up to 15 pounds.

What Success Looks Like

Within the first 12 months the Vice President Strategic Initiatives will:

• Contribute to a stronger ALCO materials process so that reporting is consistent timely well-controlled and clearly connects balance-sheet insights to management decisions.
• Improve the quality consistency and timeliness of business planning financial analysis and executive and board reporting with materials that require minimal rework.
• Redesign and deliver at least one significant finance process or workflow including any supporting technology integration on time and within scope with measurable reductions in cycle time manual effort reporting redundancies and data inconsistencies.
• Institutionalize at least two key finance activities with documented procedures defined owners and controls reducing key-person dependency and supporting the Finance teams evolution.
• Establish a standard initiative-tracking framework so strategic initiatives have clear owners business cases milestones and reported results.
• Be recognized as a trusted cross-functional partner to executive leadership and the Finance Accounting Treasury Technology and investment teams with a demonstrated ability to take ownership of ambiguous high-priority initiatives and drive them to measurable outcomes.

Why This Role Matters

The Finance team sits at the intersection of the CEO CFO and Board and its credibility depends on turning strategic direction into rigorous executable financial plans. This role adds deep balance-sheet capital and planning expertise to that work and serves as the bridge between finance professionals business leaders technology teams and third-party providers. As The Bancorps Finance team evolves to support a larger and more complex institution this role is the architect of the new better and faster processes that evolution depends on connecting strategy to the models processes and systems that execute it and raising both the quality and the speed of the Banks most consequential decisions.

Additional Information

This job will be open and accepting applications for a minimum of five days from the date it was posted.

Salary Range : $$$-$$$

This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the jobs location. We offer competitive pay that varies based on individual experience qualifications and other relevant factors. We encourage you to apply to positions that you are interested in and for which you believe you are qualified. To learn more you are welcome to discuss with us as you move through the selection process.

Working at The Bancorp Bank N.A. and Benefits Information: Culture & Background Screening

Company Culture at The Bancorp Bank : Bancorp Bank N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race color religion gender gender identity sexual orientation pregnancy citizenship national origin age disability genetic information veteran status or other protected category with respect to recruitment hiring training promotion and other terms and conditions of employment.

Employment with The Bancorp Bank N.A. includes successfully passing a background check including credit criminal education employment OFAC and social media background history.

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