Jobs and Careers
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Manager, Lending Strategic Finance
Navy Federal Credit UnionUnited Statesfull_timeVerifiedPosted 20 May 2024
About the role
To plan and manage the reporting and analyses of Lending’s strategic investments to drive growth. The role will focus on long-term goals to ensure Lending’s overall financial health as well as integration within the organization’s member centered focus and cross-functional initiatives. Work is performed under general direction with the Manager driving the development and execution of deliverables. The ideal candidate will have a solid background in Finance, excellent communication skills, and a proven track record of effectively managing financial operations.
- Lead the preparation/review of all Lending investment proposals with a dual focus on strategy (both the company’s growth objectives and integration with the Member Strategy Office) and financial impact (return on investment and other financial implications).
- Collaborate with the product owners and various support teams including technology, risk, enterprise project management, and procurement to create business cases with a focus on the financial implications of the department’s strategic initiatives.
- Lead the preparation of various financial analysis around impact to net income utilizing tools such as NPV, cash flow projections, ROI, sensitivity analysis, cost/benefit trade-offs, etc. for senior management to inform strategic business decisions and get buy-in around decisions.
- Prepare monitoring and evaluation of Lending investments over time relative to the original proposal for goals and financial impact.
- Analyze complex financial information and reports to identify areas of concern and provide accurate and timely financial recommendations to senior management for decision making purposes
- Provide consultative support for financial matters for all Lending product and support teams
- Provide insight to senior management regarding financial impacts of external and internal environment changes on different Lending products/services/channels.
- Prepare summaries, analyses, reports, charts, graphs, instructions, and manuals/reference materials for inclusion in ad hoc and required reports including inputs for President’s Committee Monthly Financial Reviews to support decision making and optimize resource allocation.
- Identify and assess financial risks and assist in developing strategies to mitigate them.
- Foster cross-functional collaboration and communication to ensure alignment across departments.
- Collaborate with the central Finance team to incorporate Lending’s strategic initiatives into the organization’s long-term planning.
- Manage business reporting and ensure analytics and reporting tools are in place to achieve optimal results
- Maintain thorough knowledge of applicable federal and state laws, rules, regulations and Navy Federal policies and procedures
- Ensure compliance with internal and external documentation and disclosure requirements
- Provide leadership and guidance to the analysts, fostering a culture of collaboration, accountability and continuous improvement:
- Ensure adequate/skilled staffing; select employees
- Establish performance goals and priorities
- Prepare, conduct and review performance appraisals
- Develop, mentor and counsel staff
- Ensure efficiency of operations
- Supervise daily activities
- Perform other duties assigned
- Bachelor’s degree in finance or a related field or the equivalent combination of education, training and experience
- Adaptability and willingness to embrace change and innovation in financial processes and technology.
- Significant experience in leading and managing a financial analytics operation, preferably with a focus in planning for a large financial services organization
- Proven leadership abilities, with a track record of building and motivating high-performing teams.
- Ability to work independently, create items from scratch and prioritize tasks in a fast-paced environment.
- Minimum of 5 years of experience in Finance roles, with at least 2 years in a managerial capacity.
- Advanced knowledge of applicable federal and state laws, rules and regulations
- Advanced knowledge of banking/financial industry trends, products and services
- Significant experience in the application of statistical methods, mathematical techniques, forecasting, cost-benefit analysis and related analytical tools
- Advanced skill working with financial accounting systems used in the management and analysis of financial data
- Significant experience interpreting and applying accounting principles
- Significant experience applying techniques used in analyzing and reporting financial information
- Significant experience in deliverin
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