Note: The job is a remote job and is open to candidates in USA. Servbank is a fast-paced, high-growth national bank with a significant mortgage subservicing division. They are seeking a highly skilled and dynamic Director of Financial Management to oversee financial management functions, including budgeting, forecasting, and financial reporting, while contributing to the bank's ongoing success.
Responsibilities
- Lead and manage budgeting, forecasting, and strategic planning processes to ensure financial stability and growth
- Conduct thorough data analysis to support internal reporting and drive informed decision-making
- Design, prepare and present internal financial reports, including LOB performance, profitability, and scorecards
- Conduct thorough analysis of merger and acquisition opportunities to support strategic growth initiatives
- Assess and manage interest rate risks to optimize financial outcomes in uncertain interest rate environment
- Monitor and manage liquidity risks to ensure adequate cash flow and financial stability
- Manage, analyze, and trade the securities portfolio to meet liquidity and yield needs within defined parameters
- Manage funding of balance sheet growth, ensuring short and long term liquidity needs are met
- Monitor and guide line of business use of back-to-back swaps and manage use of derivatives to hedge balance sheet from interest rate risk
- Develop and maintain pricing models for loans and deposits to ensure competitiveness and profitability
Skills
- Bachelor's degree in Finance, Accounting, or a related field
- 7-10 years banking or mortgage servicing industry experience required
- Proven experience in financial management, accounting, treasury, and risk management
- Proven ability to manage multiple tasks and meet deadlines
- Strong analytical skills and attention to detail
- Excellent communication and presentation skills
- Proficiency in financial modeling, forecasting, and data analysis tools
- Proficiency in financial software and tools
- Strong leadership and team management skills
- Ability to work collaboratively with cross-functional teams
- Problem-solving and critical thinking abilities
- High level of integrity and ethical standards
- Master's degree
- CPA or CFA certification is highly desirable
Company Overview
Servbank offers financial services with a focus on innovative banking solutions and customer support. It was founded in 1994, and is headquartered in Oswego, Illinois, USA, with a workforce of 1001-5000 employees. Its website is https://www.servbank.com.