Director, Financial Planning & Analysis

Join our team - and take the next step in achieving a fulfilling career!

What We Do

At CardWorks, we aim to help people connect with possibility and opportunity using our financial servicing expertise. Building meaningful, long-term relationships with consumers, our employees, and our clients is what matters most.

Who We Are

CardWorks, Inc. is a diversified consumer finance service provider and parent company of CardWorks Servicing, LLC, Merrick Bank and Carson Smithfield, LLC.

CardWorks Servicing, LLC provides end-to end operational servicing functions for credit cards, secured cards, and installment loans.  We service consumer and small business loans across the credit spectrum and offers backup servicing and due diligence services to capital providers and trustees.

Merrick Bank is an FDIC-insured Utah Industrial Loan Bank. Merrick operates three main business lines: credit cards, recreational lending, and merchant services.

Carson Smithfield, LLC provides a variety of post-charge-off debt recovery services, including digital self-service, IVR, live agent, and external agency management.

Position Summary

The Director, Financial Planning & Analysis (“FP&A”) is responsible for supporting the overall direction of financial activities and strategic direction of Merrick Bank Corporation (the “Bank”) by performing, or assisting in the performance of, the primary duties listed below.

Essential Functions

• Directs processes within the FP&A group in tandem with corporate FP&A counterparts. This includes managing resources operating at various levels across the organization. Will require staying focused on the unique aspects of the organizational areas while still being able to explain implications at the enterprise level to executive leadership.
• Manages the FP&A support services across one or more organizational areas.
• Assists the Bank and parent company in achieving strategic objectives by supporting and/or developing monitoring and reporting activities.
• Regularly provides presentations and discoveries to senior/executive management while actively engaging in strategic business planning and decision-making processes.
• Manages financial modeling architecture, strategy, and functionality needed to provide reporting and insights required by management and owners on an ongoing basis. Updates designs and functionality as changing business environment requires.
• Provides managerial support of the annual budget, operating plan, quarterly forecast creation processes, calendaring, scheduling resources, timing, and review. Liaisons with organizational area stakeholders, senior executives, and the FP&A groups supporting the organizational areas to ensure all key considerations are implemented during the Forecast creation process. This includes identifying and executing processes critical to the completion of the overall project, often performed in a time-sensitive environment. Identifies and implements new reporting to facilitate and enhance existing process.
• Directs tracking, reporting, and support of financials across Bank organizational areas and business lines. This includes overseeing the monthly preparation, reporting and communication with internal business partners and their respective P&L ownership and personnel budgets. Directing and overseeing FP&A staff in these responsibilities will also be required.
• Manages ad hoc financial analysis activities, which may include “what-if” scenarios, cost/benefit analyses or new product analyses. Identifies and recommends opportunities to improve, expand, and reimagine tools and processes. Plays key role in ensuring proper application and interpretation of financial aspects of asset modeling while providing oversight on return/hurdle and equity/capital requirements.
• Supports necessary documentation and procedures consistent with an audited environment. Responsible for overseeing departmental compliance with Bank policies, audit controls, and regulatory requirements.
• Proactively develops additional ad hoc reporting and data visualizations to assist Management strategic business planning and decision-making. Ability to lead and mentor in these type of exercises expected.
• Develops and mentors FP&A staff.
• Provides organizational project cost management oversight and budgeting support.
• Facilitates and oversees special projects as requested.
• Responsible for developing, documenting, communicating, maintaining, and enforcing effective control system policies and procedures within your area of oversight.
• Responsible to act in a timely manner to update policies and procedures when changes in operating conditions occur and/or breakdowns or noncompliance with laws and regulations appear.
• Compliance with Laws & Regulations:
• Responsible for complying with all of the Bank’s internal control policies and procedures.
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.
  
  

Education And Experience

• BA/BS Degree in Finance, Accounting, Economics, Business Management or equivalent is required.
• Five (5) years of Financial Planning & Analysis exposure with experience leading all aspects of financial forecasting and P&L management is required.
• Three (3) years of financial modeling development, maintaining, and governance is preferred.
• Three (3) years in Banking/financial services experience with exposure to credit card lending is preferred.
  
  

Summary Of Qualifications

• Experience with and ability to manage multiple complex projects simultaneously, working closely with managerial and supervisory staff to ensure proper execution and implementation. Provide leadership and direction, innovation and insight, and resolve competing priorities and resource constraints to produce and present board level reporting using auditable systems and data.
• Experience engaging and supporting C suite executives. Individual should have strong communication skills and ability to interact within these environments.
• Advanced MS Office experience with emphasis on Excel. Experience developing and implementing complex formulas. Substantial experience developing complex financial models integrated into systems of automation. Moderate to complex VBA scripting experience preferred.
• Experience working within a SQL relational database environment and querying preferred.
• Experience working with third-party ERP/BI systems (such as Oracle, Domo, Power BI, or Tableau) preferred.
• Deep experience applying concepts such as fractions, percentages, weight-average ratios and proportions within complex computational environment. Working experience with mathematical concepts such as probability and statistical inference.
• A proven manager with experience and ability to manage supervisory and staff level employees. Provide strategic direction, mentoring, career growth, and work assignment management and review in coordination with the rest of the team.
• Process and performance management experience leading and coordinating an experienced team of professionals. Experience with hiring, developing, and supervising staff.
• Project management experience with an aptitude to manage competing demands under stressed conditions.
• Responsible professional with the ability to interpret and communicate instructions furnished in written, oral, diagram, or schedule form. Often, instructions are incomplete and require analysis and research to interpret properly. Demonstrated ability to successfully and routinely interact with senior/executive level management and owners on a frequent basis.
• Independent professional able to manage through unconventional business problems to identify opportunities & weaknesses, form actionable solutions, and successfully implement them.
• Communicates effectively both orally and in writing, present ideas in a clear, concise, understandable, and organized manner
  
  

Our Employee Value Proposition

• Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
• Benefits Package -Medical, Dental, and Vision (plus much more)
• 401(k) Plan with Company Match
• Short- & Long-Term Disability
• Wellness Programs
• Group Life and AD&D Insurance
• Paid Vacation, Sick Days and bank Holidays
• Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition
  
  

We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite.  Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location.

We are an equal opportunity employer, and we evaluate qualified applicants without regard to race, color, religion, sex, national origin, disability, veteran status or any other legally protected characteristic.  We will conduct a thorough background check for all hires in compliance with applicable.