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Manager, Lending Strategic Finance

Navy Federal Credit Union
United 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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Company

Navy Federal Credit Union

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