VP Builder Division Finance

Cornerstone Capital Bank

Houston, Texas

JOB DETAILS
SKILLS
Accredited Business Accountants (ABA), Analysis Skills, Budgeting, Business Banking, Business Development, Community Banking, Data Analysis, Database Analysis, Finance, Financial Analysis, Financial Planning and Analysis (FP&A), Financial Reporting, Financial Services, Forecasting, Insurance, Loan Origination, Loans, Long-Term Profit, Market Analysis, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft Word, Mortgage, Mortgage Lending, Multitasking, Performance Analysis, Performance Management, Performance Metrics, Profit & Loss, Reporting Dashboards, Secondary Mortgages, Strategic Planning, Team Lead/Manager, Time Management
LOCATION
Houston, Texas
POSTED
21 days ago

Who we are:

Cornerstone Capital Bancorp, Inc., headquartered in Houston, is a Texas-based financial services company dedicated to helping families, businesses, and communities thrive. Through its primary subsidiary, Cornerstone Capital Bank, the organization operates a community and business banking franchise alongside a premier national home lending, servicing, and home insurance platform-based financial services company dedicated to helping families, businesses, and communities thrive.

Guided by a core Mission, Vision and Convictions statement, Cornerstone operates 17 full-service banking locations across major Texas markets and more than 150 mortgage offices nationwide.  The company has served nearly 700,000 customers through its family of brands, including Cornerstone Home Lending, Roscoe Bank, Peoples Bank, Cornerstone Servicing, and Cornerstone Insurance. Supported by 1,600 team members, Cornerstone is consistently recognized as a Fortune-certified Great Place to Work® and a Top Workplace. 

Formed through the combination of Cornerstone Home Lending and The Roscoe State Bank, Cornerstone brings more than a century of experience and is the highest-capitalized new bank in Texas history.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for:
      The VP, Builder Division Finance, is responsible for driving the financial performance of the builder division, as well as long-term growth strategies across builder joint ventures. Accountable for annual budgeting and key performance indicator monitoring while guiding management with data-driven financial decisions that enhance profitability and strengthen builder relationships.       

 What you’ll do:

• Support builder division managers by summarizing, presenting, and advising on all financial
aspects. Translate complex financial data into actionable insights that inform decision-making,
improve performance, and drive profitability.
• Partner with builder division managers in recruiting efforts for Loan Originators by modeling
financial scenarios, assessing market opportunities, and advising on compensation. Provide
insight into long-term profitability and capture potential to ensure successful, sustainable
recruiting decisions.
• Responsible for builder division compensation, from the initial creation of the agreements,
changes in salaries and/or base cost centers, through the approval of the monthly commission,
incentive, and override reports
• Model current branches to advise on profitability dynamics and then coordinate product margins
and commission rates for each market.
• Design, implement, and maintain financial reporting tools and dashboards for all levels of
management to provide visibility into key dynamics.
• Manages a team and oversees the preparation and accuracy of financial reporting and KPI’s for
compensation purposes.
• Act as a CHL representative for builder division joint ventures (10+), presenting all necessary
financial reporting and support.
• Lead annual builder division budgeting process and mid-year forecasting, combined with working
with regional managers and joint venture shareholders to develop strategic business decisions.
• Provide ad hoc analyses and reports to respond to emerging business needs from CHL,
ABA/JVs, and executive management.
• Perform other duties as assigned.

What you’ll need to be successful: 

Success in this job relies on your time management skills, organization, and positive attitude.  In addition, you’ll need the following qualifications:

• Strong understanding of technology, both theory and in practice.
• Strong organizational skills, and detail oriented.
• Excellent Microsoft Office skills, in particular Excel.
• Superior analytical skills and ability to manage multiple priorities simultaneously in a fast-paced
and deadline-driven environment.
• Knowledge of mortgage industry and financial concepts associated with mortgages.

• This position requires 8 years of experience in Financial Planning and Analysis.
• This position requires 5+ years of experience in mortgage sales, secondary, and financial
modeling.
• Experience utilizing relations databases for data analysis.
• This position requires 5+ years of experience using Microsoft Office Suite (Word, Excel, Outlook,
etc.).

What we offer: 

Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.

What to do next: If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.
 

 

About the Company

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Cornerstone Capital Bank