Forbright Bank · 1 week ago
AVP, Portfolio & Performance Management, Digital Banking
Forbright Bank is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for clients and communities. The AVP, Portfolio & Performance Management, Digital Banking is responsible for leading strategic planning, performance, and financial analysis for the Digital Banking organization, collaborating closely with various teams to inform strategy and key decisions.
BankingCommunitiesFinanceFinancial ServicesLending
Responsibilities
Oversee budgeting, forecasting, and financial management for technology, marketing, vendor services, and operational expenses
Develop and maintain detailed cost reporting, including fixed and variable expenses, product-level profitability, and unit economics
Monitor actuals vs. forecasts, investigate variances, and provide actionable insights to optimize financial performance
Manage vendor contracts and billing processes, ensuring alignment with pricing terms and capitalization policies
Identify and implement cost-saving opportunities to improve efficiency and reduce overhead
Lead governance processes for digital programs, ensuring adherence to project management standards and audit requirements
Prepare executive-level reporting and updates on portfolio performance and strategic initiatives
Support the team third-party risk management and onboarding activities
Organize and manage key organizational events, including all-hands meetings, and off-site sessions
Provide analytical and reporting support for performance metrics, OKRs, and engagement initiatives
Conduct ad-hoc research and analysis to inform strategic decisions and competitive positioning
Perform other duties as assigned
Qualification
Required
Associates Degree required
Minimum 6 years of experience in Financial Services and/or Management Consulting, with exposure to FinTech and/or SaaS business models required
Experience in leading projects, teams, and collaborating with stakeholders across various departments (e.g., IT, sales, marketing, operations)
Solid sense of urgency and accountability with the ability to work and make decisions in a constantly evolving environment
Ability to develop strong relationships across the organization
Strong project management skills
Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
Excellent verbal, written, and interpersonal communication skills
Strong organizational skills and attention to detail
Outstanding problem-solving and time management skills
Self-motivated, self-directed, and results-oriented
Adaptable and able to multitask in a fast-paced environment
Can work independently and within a team; solution-oriented with a collaborative approach
Preferred
Bachelor's Degree in Business, Finance and/or Economics from a 4-year
Direct experience in Banking or Payments
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
Incentives for purchasing solar panels, electric vehicles, biking to work, etc
Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!
Best Workplaces for Commuters 2023 & 2024 winner
The Washington Post Top Workplaces 2023, 2024, and 2025 winner
American Banker Best Banks to Work For 2023 winner
Company
Forbright Bank
Forbright is a nationwide full-service bank and commercial lender focused on helping build a brighter future for our clients and the communities we serve.
Funding
Current Stage
Late StageTotal Funding
$409.57M2021-04-16Private Equity· $345M
2018-02-16Undisclosed· $7.5M
2016-12-20Debt Financing· $24M
Recent News
congressionalbank.com
2023-02-28
Company data provided by crunchbase