VP Strategic Initiatives

Bancorp Bank, The•Wilmington, DE

3d•Remote

About The Position

The Vice President, Strategic Initiatives is a hands-on senior leader on The Bancorp’s Finance team, responsible for advancing priorities across strategy, finance, balance-sheet management, investments, and technology. The role supports initiatives that create new, better, and faster processes and workflows across Finance, including Asset/Liability Committee (ALCO) and board-level materials. It redesigns key finance activities so they are institutionalized, repeatable, and efficient, applying disciplined project management to ambiguous problems as the Finance team evolves. The role connects finance professionals, business leaders, technology teams, and third-party providers. It brings balance-sheet, capital, and planning expertise to the work of translating strategic direction into executable financial plans and supports the quality and speed of consequential decisions. This is a remote position, with occasional travel expected, approximately once per quarter.

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 track record designing and implementing new, better, and faster 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 discipline, including scoping, workplan development, stakeholder management, risk and issue tracking, and status reporting; 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.
Ability to perform primarily sedentary work, including prolonged periods sitting at a desk and working on a computer.
Ability to lift and carry up to 15 pounds.

Nice To Haves

MBA, advanced degree, or 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.
Prepare accurate, timely, decision-useful ALCO materials in partnership with Treasury, Accounting, Risk, lending, deposit, and investment teams.
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 the ALCO production workflow, including data sourcing, templates, review procedures, and controls, to reduce manual effort and deliver materials on schedule.
Architect Finance processes and workflows by translating business requirements into practical technology, data, and workflow solutions.
Map current-state processes, identify inefficiencies and control gaps, and design scalable future-state workflows.
Lead planning and reporting system implementations as structured projects, from requirements through testing, change management, and adoption.
Establish process ownership, data definitions, and documentation so finance activities are repeatable, well-controlled, and not dependent on individuals.
Prepare presentations, analyses, and recommendations for executive management, ALCO, and the Board of Directors.
Lead high-priority projects outside traditional functional boundaries using a consistent project framework, defined deliverables, and regular progress reporting.
Build reusable templates and processes for recurring executive and board deliverables to reduce production time and rework.
Communicate complex financial, operational, and technical matters clearly to audiences with varying levels of expertise.
Perform other duties as assigned.