AVP, Business & Financial Management, Digital Banking

COMPANY DESCRIPTION:  Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.  COMPANY CULTURE:  We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful. COMPANY MISSION:  We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future. 
JOB SUMMARY: The AVP, Business & Financial Management, Digital Banking is responsible for leading strategic planning, performance, and financial analysis for the Digital Banking organization, developing insights to inform our strategy, key decisions across key functions, and annual plans. This position collaborates closely with the Digital Banking Data & Analytics team, Marketing team, Product team, Finance, and leadership.

DUTIES AND RESPONSIBILITIES:

• Financial and Performance Management:
• Oversee budgeting, forecasting, and financial management for technology, marketing, vendor services, and operational expenses 
• Develop and maintain detailed cost reporting, including fixed and variable expenses, product-level profitability, and unit economics 
• Monitor actuals vs. forecasts, investigate variances, and provide actionable insights to optimize financial performance 
• Manage vendor contracts and billing processes, ensuring alignment with pricing terms and capitalization policies 
• Identify and implement cost-saving opportunities to improve efficiency and reduce overhead 
• Portfolio & Organizational Management:
• Lead governance processes for digital programs, ensuring adherence to project management standards and audit requirements
• Prepare executive-level reporting and updates on portfolio performance and strategic initiatives 
• Support the team third-party risk management and onboarding activities 
• Organize and manage key organizational events, including all-hands meetings, and off-site sessions 
• Provide analytical and reporting support for performance metrics, OKRs, and engagement initiatives 
• Conduct ad-hoc research and analysis to inform strategic decisions and competitive positioning 
• Perform other duties as assigned 

QUALIFICATIONS:

• Bachelor’s Degree required; focus in Business, Finance, and/or Economics preferred 
• Minimum 6 years of experience in Financial Services and/or Management Consulting, with exposure to FinTech and/or SaaS business models required 
• Direct experience in Banking or Payments preferred 
• Experience in leading projects, teams, and collaborating with stakeholders across various departments (e.g., IT, sales, marketing, operations) 
• Solid sense of urgency and accountability with the ability to work and make decisions in a constantly evolving environment 
• Ability to develop strong relationships across the organization 
• Strong project management skills 
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)   
• Excellent verbal, written, and interpersonal communication skills   
• Strong organizational skills and attention to detail    
• Outstanding problem-solving and time management skills   
• Self-motivated, self-directed, and results-oriented  
• Adaptable and able to multitask in a fast-paced environment   
• Can work independently and within a team; solution-oriented with a collaborative approach 

The pay range for this position is below. The specific rate will depend on the successful candidate’s qualifications and prior experience. $125,000 (entry level qualifications) to $135,000 (highly experienced).

POSITION REQUIREMENTS: We are committed to creating an inclusive workplace where all employees are capable of performing their job position. Work is primarily conducted in an office setting while certain positions may allow