FP&A Manager, Home Lending & CRE
PenFed Credit Union
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Benefits offered by this job
Job summary
PenFed Credit Union in Tysons, VA (Hybrid) is seeking a Senior FP&A, Home Lending & CRE Manager to lead planning and strategic financial analyses for Home Lending and Commercial segments. The role collaborates with senior leaders to forecast, budget, and optimize capital deployment and profitability.
The position requires eight+ years in FP&A or related fields, strong financial modeling, and proficiency with FP&A systems, Excel, and PowerPoint.
Qualifications
- Bachelor's degree or equivalent in business/admin, accounting, finance, or engineering.
- Eight+ years in consulting, FP&A, financial services, or banking with leadership experience.
- Expert-level financial modeling and analytical skills for strategic decisions.
- Ability to synthesize complex data into executive-level insights.
- Proven ability to partner with senior leaders and influence investments.
Responsibilities
- Lead Home Lending and Commercial FP&A planning, forecasting, and budgeting.
- Partner with Home Lending leaders to align financial objectives with enterprise goals.
- Identify risks and opportunities, communicating implications to leadership.
- Develop and review business cases, ROI/NPV analyses, and scenario analyses.
- Prepare executive-ready materials with clear strategic framing; enhance reporting efficiency.
Skills
Education
Tools
Job description
PenFed is hiring a (Hybrid) Senior FP&A, Home Lending & CRE Manager at our Tysons, Virginia location. The Senior FP&A - Home Lending & CRE Manager plays a key role in PenFed's Financial Planning & Analysis (FP&A) Team providing strategic financial leadership and decision support to the Home Lending/Commercial business as well as PenFed executive team. This role requires a strategic consulting mindset and the ability to lead complex analyses, develop and evaluate business cases, and guide high-impact initiatives across the company. The incumbent partners closely with business leaders to own the outcomes of core FP&A processes, including forecasting, budgeting, expense management, and long-range planning. Operating as a trusted advisor to senior business leaders, the Senior Manager translates strategy into financial outcomes, ensures analytical rigor across planning activities, and enhances the quality, clarity, and impact of financial insights delivered to executives.
PenFed is hiring a (Hybrid) Senior FP&A, Home Lending & CRE Manager at our Tysons, Virginia location. The Senior FP&A - Home Lending & CRE Manager plays a key role in PenFed's Financial Planning & Analysis (FP&A) Team providing strategic financial leadership and decision support to the Home Lending/Commercial business as well as PenFed executive team. This role requires a strategic consulting mindset and the ability to lead complex analyses, develop and evaluate business cases, and guide high-impact initiatives across the company. The incumbent partners closely with business leaders to own the outcomes of core FP&A processes, including forecasting, budgeting, expense management, and long-range planning. Operating as a trusted advisor to senior business leaders, the Senior Manager translates strategy into financial outcomes, ensures analytical rigor across planning activities, and enhances the quality, clarity, and impact of financial insights delivered to executives.
Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties, and the position will perform other duties as assigned.
- Lead and own the Home Lending and Commercial components of the annual Financial Plan and roll forecasts by establishing, reviewing, and challenging key assumptions to ensure forecasts and key performance indicators are credible, well-supported, and useful in decision-making.
- Serve as a strategic partner to Home Lending leaders to ensure alignment between team and enterprise financial objectives.
- Anticipate risks and opportunities, proactively communicating implications and recommending actions to Finance and business leadership.
- Lead development and review of business cases, including financial models, ROI/NPV analyses, and scenario/sensitivity analyses.
- Build, review, and enhance financial materials prepared for executive and board audiences, ensuring clarity, consistency, and strategic framing.
- Identify opportunities to improve FP&A processes, tools, and reporting efficiency; and lead enhancements to forecasting methodologies, modeling standards, and performance reporting.
- Champion the use of technologies that improve insight delivery and reduce production times.
- Act as direct backup in the Segment Financial and Branch Profitability process, with the goal of acting as the owner of the process.
- Contribute to PenFed's culture of collaboration by actively working across business lines to gather data, communicate insights, and share knowledge.
Equivalent combination of education and experience is considered.
- Bachelor's degree in business administration, Accounting, Finance or Engineering required; advanced degree or professional certification (e.g., MBA, CFA, CPA) preferred.
- Minimum of eight (8) years of progressive experience in consulting, FP&A, financial services, or banking, including demonstrated leadership within complex financial planning environments.
- Expert-level financial modeling and analytical skills, with the ability to design scalable, well-structured models that support strategic decision-making and withstand executive scrutiny.
- Proven ability to synthesize complex data into clear, executive-level insights.
- Strong business partnering skills with demonstrated experience influencing senior leaders and shaping strategic and investment decisions.
- Experience reviewing, evaluating, and enhancing work produced by other finance professionals, setting standards for analytical rigor, clarity, and consistency.
- Advanced proficiency in Excel and PowerPoint, with the ability to develop executive-ready materials efficiently.
- Experience with key FP&A systems such as OneStream or Hyperion is strongly preferred.
- Deep understanding of bank financial statements, key performance ratios, and capital and profitability metrics, with the ability to apply NPV/ROI and risk-adjusted return methodologies to evaluate strategic initiatives and investment decisions.
- Experience in retail banking or the credit union industry strongly preferred.
- Excellent interpersonal, verbal, and written communication and organizational skills, with ability to engage across all levels of management.
- Strong executive communication and presentation skills, including the ability to craft clear, compelling financial narratives supported by effective data visualization.
- Exceptional problem-solving skills and sound business judgment, with a high degree of ownership, accountability, and ability to prioritize in a changing environment.
- Ability to operate in ambiguity and able to craft efficient procedures.
- Ability to lead with diplomacy and tact while maintaining appropriate assertiveness and persistence in driving outcomes.
- Demonstrated ability to lead through influence and credibility rather than formal authority.
- Experience using AI tools preferred.
This position will not supervise employees.
There Are No Additional Certifications Required.
While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*
Ability to travel to various worksites and be on call maybe required.
The anticipated starting salary range for this role is $ 84,700 .00 - $ 192,495.00
This position is eligible for an organizational performance based annual bonus, subject to board discretion and approval.
This position is eligible for an individual performance based annual bonus.
At PenFed, we offer a robust benefits package designed to support you both personally and professionally. You'll have access to comprehensive health, dental, and vision plans; paid time off; and family-friendly benefits like paid parental leave, care support, and fitness center access. Financial wellness is encouraged through features like a 401(k) match, employee loan discounts, and fully paid life and disability coverage. We also support growth via education assistance, community involvement, and volunteer opportunities.
Helping members achieve their dreams since 1935. Pentagon Federal Credit Union (PenFed) is one of America's largest federal credit unions, serving 2.8 million members worldwide with $29 billion in assets. PenFed offers market-leading certificates, checking and savings, credit cards, personal loans, mortgages, auto loans, and a wide range of other financial services, always with members' interests in mind. PenFed is federally insured by the NCUA and is an Equal Housing Lender.
Berkshire Hathaway HomeServices PenFed Realty, LLC is a full-service real estate company ready to assist our clients with buying, selling and renting a home. The company is a wholly owned subsidiary of PenFed Credit Union and is the largest independently‑owned brokerage in the Berkshire Hathaway HomeServices network, placing us in the top 1% of all real estate brokerages in the country. With almost 60 offices and nearly 2,000 world-class sales professionals, we offer complete service coverage in Virginia, Maryland, the District of Columbia, Delaware, Pennsylvania, West Virginia, Florida, Tennessee, Kansas and Texas. In addition, we also offer specialized client services which include management of vacation properties and long‑term rentals, corporate relocation services and national referral network.
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at Careers@PenFed.org.
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