VP, Digital Banking Performance Management

COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and lender helping accelerate the transition to a sustainable and low-carbon economy. Headquartered in Chevy Chase, Maryland, Forbright is committed to accelerating the transition to a sustainable economy by financing visionary leader in clean energy, healthcare, technology, financial services, real estate, and other industries with extraordinary service.

COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible environmental, social, and governance (ESG) 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 more sustainable future.

JOB SUMMARY: The VP, Business & Performance Management 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: ? Performance Management: ? Monitor and analyze the Digital Banking business unit?s financial performance against key performance indicators (KPIs) ? Identify and help implement performance improvement initiatives to enhance efficiency and profitability ? Provide strategic recommendations to optimize spend allocation and achieve financial targets, including outlining potential tradeoffs (e.g., media spend vs. deposit pricing) ? Monitor financial impact of market fluctuations, economic changes, or industry trends (e.g., interest rate movement) ? Work closely with Finance to identify and assess financial risks and develop mitigation strategies ? Strategic and Financial Planning: ? Develop and manage the annual budgeting process, including forecasts and long-term planning ? Develop business cases for new projects, products, and services, ensuring alignment with the bank?s strategic objectives and financially beneficial to the bank ? Support overall implementation and program management of strategic initiatives, as needed ? Prepare Digital Banking budget and forecast reporting for leadership, highlighting performance across key financial metrics (e.g., Cost of Funds) ? Conduct detailed financial analysis to identify trends, variances, and opportunities for improvement ? Support business and regulatory driven scenario planning and analysis as needed

QUALIFICATIONS: ? Minimum of 5 - 7 years of financial and strategic planning and experience in Financial Services required ? Bachelor?s Degree from a 4-year, accredited institution, or equivalent experience required ? Extensive experience with financial modeling, business analytics, and insights required ? Experience in corporate strategy and/or management consulting a plus ? Proficient in Microsoft Office Suite (Excel, PowerPoint, etc.) and excellent presentation skills ? Experience in leading projects, teams and collaborating with stakeholders across various departments (e.g., IT, sales, marketing, operations) ? Self-starter with solid sense of urgency, accountability and excellent focus on attention to detail with the capability to work and make decisions in a constantly evolving environment ? Ability to develop strong relationships across the organization ? Excellent oral and written communication skills ? Outstanding organizational, problem-solving, and time management skills

POSITION REQUIREMENTS: The requirements described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. Work is conducted primarily in an office; however, some positions may be conducted remotely via technology. While performing duties of this job, the employee may be regularly required for prolonged periods of time to:

? Sit or stand at a desk

? Walk, stoop down, crouch, kneel or bend over

? Use hands and fingers

? Utilize a computer monitor with visual acuity

? Operate technology and other office machinery such as printers, fax machines, scanners, etc.

? Communicate clearly both verbally and in writing with others

ADDITIONAL DUTIES: For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description.

PERKS/BENEFITS:

? Comprehensive health, dental, and vision plans

? 4 weeks PTO

? 401k + company match

? Metro SmartTrip benefits ($50/mo)

? Remote or hybrid work schedules for most positions

? Bonuses for purchasing solar panels, electric vehicles, biking to work, etc.

? Paid subscriptions to Veterans Compost, Imperfect Foods, and more!

? Best Workplaces for Commuters 2023 & 2024 winner

? The Washington Post Top Workplaces 2023 & 2024 winner

? American Banker Best Banks to Work For 2023 winner

It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.

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