VP Strategic Initiatives

The Bancorp Bank, N.A.•Wilmington, DE

2d•Remote

About The Position

The Vice President, Strategic Initiatives is a hands-on senior leader on The Bancorp’s Finance team, advancing priorities across strategy, finance, balance-sheet management, investments, and technology. The role improves Finance processes and workflows, including Asset/Liability Committee (ALCO) and board-level materials, and brings structure and disciplined project management to ambiguous, high-priority initiatives. It redesigns key finance activities so they are efficient, repeatable, institutionalized, and well-controlled as the Finance team evolves. The position supports financial planning and performance management, analyzes balance-sheet and financial performance, and develops executive-level presentations, analyses, and recommendations. It partners across Treasury, Accounting, Risk, lending, deposit, investment, Technology, and leadership teams to improve reporting, planning systems, and workflows. The role is remote, with occasional travel expected approximately once per quarter for leadership meetings, planning sessions, vendor engagements, and industry or investor events. Within the first 12 months, success includes improving the consistency, timeliness, and quality of ALCO and executive reporting; delivering at least one significant finance process or workflow redesign with measurable improvements; institutionalizing at least two finance activities through documented procedures, ownership, and controls; and establishing a standard framework for tracking strategic initiatives. The role is expected to become a trusted cross-functional partner who drives ambiguous initiatives to measurable outcomes.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Information Systems, or a related field, or an equivalent combination of education and experience.
At least 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 experience designing and implementing improved finance workflows, including process redesign, workflow automation, and technology implementations.
Advanced financial modeling skills and expert-level proficiency in Microsoft Excel and PowerPoint.
Intermediate proficiency in Microsoft Word, Outlook, and Teams.
Ability to work with large or complex datasets and translate findings into concise, executive-level insights.
Strong project-management skills, including scoping, workplan development, stakeholder management, risk and issue tracking, and status reporting; ability to manage 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.
Primarily sedentary work in a remote-office or office setting, including prolonged sitting at a desk and working on a computer; must be able to lift and carry up to 15 pounds.

Nice To Haves

MBA, an advanced degree, or a relevant professional certification.
Experience implementing or administering an enterprise planning or reporting platform.
Experience with Bloomberg, S&P Global, or similar market data platforms.

Responsibilities

Support financial planning and performance management, including budgeting, periodic forecasting, long-range planning, and management reporting.
Analyze actual results against budget, forecast, and prior periods to identify key drivers.
Design reporting processes, dashboards, and management metrics.
Support capital planning, profitability analysis, expense management, and financial scenario modeling.
Partner with Treasury, Accounting, Risk, lending, deposit, and investment teams to prepare accurate, timely, decision-useful ALCO materials.
Analyze balance-sheet composition, liquidity, funding, interest-rate risk, deposit trends, and investment activity.
Prepare executive summaries identifying significant trends, emerging risks, and recommended actions.
Improve ALCO production workflows, including data sourcing, templates, review procedures, and controls, to reduce manual effort and deliver materials on schedule.
Translate business requirements into practical technology, data, and workflow solutions for Finance processes.
Map current-state processes, identify inefficiencies and control gaps, and design scalable future-state workflows.
Lead planning and reporting system implementations from requirements through testing, change management, and adoption.
Establish process ownership, data definitions, and documentation so finance activities are repeatable and well-controlled.
Prepare presentations, analyses, and recommendations for executive management, ALCO, and the Board of Directors.
Lead high-priority projects across functional boundaries using defined deliverables, project frameworks, and regular progress reporting.
Build reusable templates and processes for recurring executive and board deliverables.
Communicate complex financial, operational, and technical matters clearly to audiences with varying levels of expertise.
Perform other duties as assigned.