Vice President of Corporate Strategy, Cross River
$210-230k
Office located in Fort Lee, NJ
Banking and fintech services
Open for applications
Banking and fintech services
1001+ employees
Open for applications
$210-230k
Office located in Fort Lee, NJ
1001+ employees
Company mission
To enable clients to deliver responsible financial solutions that empower consumers anytime, everywhere.
Role
Who you are
- 6+ years of experience in strategy consulting, corporate strategy, or related fields, including at least 1 year in a managerial or leadership role
- Experience in Financial Services, ideally in Retail Banking, Payments or Fintech
- Proven ability to scope complex problems and develop actionable recommendations
- Outstanding communication and presentation skills, with the ability to distill complex information into clear insights for various stakeholders
- Entrepreneurial mindset with the capacity to adapt, innovate, and drive organizational change
- Experience with using and implementing AI/GenAI tools preferred but not required
- Proficiency in advanced analytics and PowerPoint, with a track record of turning data into meaningful narratives
What the job involves
- We are seeking a Vice President (VP), Corporate Strategy to lead high-impact, cross-functional projects that are critical to the development and execution of Cross River’s corporate strategy.
- Reporting to the Senior Vice President (SVP), Head of Corporate Strategy, the role will spearhead key initiatives, including growth strategies, new product launches, and transformation programs
- Develop Internal Thought Leadership
- Maintain a deep understanding of target markets, including emerging client trends, competitive offerings, and the regulatory landscape
- Serve as a trusted advisor to senior leadership by providing data-driven insights and actionable recommendations
- Develop and Track Cross River's Strategic Plans
- Contribute to the annual strategic planning process by defining objectives, initiatives, and performance targets
- Monitor progress against the strategic plan and prepare regular updates for the Board of Directors and executive leadership
- Lead and Execute Cross-Functional Initiatives
- Independently scope, plan, and oversee strategic initiatives (for example, collaborating with internal teams to define go-to-market strategies for specific business units, executing new product launches, and evaluating pricing models)
- Ensure cross-departmental communication and alignment, proactively mitigating risks and resolving roadblocks to drive successful outcomes
Our take
Cross River is a fintech and banking company that builds scalable embedded payments, cards, lending, and crypto solutions for businesses and individuals. Now a unicorn company with a valuation exceeding $1 billion, Cross River was founded in 2008 as a way to combine the innovations of financial technology with the existing world of banking.
Cross River has partnered with rising fintech businesses such as Ibanera, helping the Florida-based company build an all-in-one cross-border payments service. The company’s bigger picture approach has allowed it to develop several arms in the lending, compliance, and capital market sectors, amongst others, leading to a corporate flexibility that is crucial in the rapidly-evolving market.
Cross River was named as one of several companies under investigation for facilitating PPP fraud in the US as of December 2022. It has also come under intense scrutiny from the FDIC for allegations of unsafe banking practices in relation to its lending activities, with a consent order issued in March 2023. In the wake of the FTX and Silicon Valley Bank collapses the regulatory environment is getting tougher and Cross River clearly needs to ensure its processes and activities are compliant with the law if it is going to return to its previous position of growth.
Freddie
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Mar 2022
$620m
LATE VC
Apr 2020
$100m
SERIES C
Total funding: $848m
Company benefits
- Retirement planning
- Employee development fund
- Ongoing learning and development opportunities
- Volunteer opportunities
- Charitable donation matching
- Monthly happy hours
- Free haircuts in our salon located at HQ
- Complimentary dry cleaning at HQ
- Valet parking at HQ
- Shuttle service to/from NYC
- Gym located at HQ
- River Cafe at HQ
Company HQ
Fort Lee, NJ
Leadership
Gilles Gade
(CEO & Chariman)Previously CFO at First Meridian Mortgage, Co-Founder and Managing Director at Chela Technology Partners, Associate Director at Barclays Capital and Investment Banking Associate at Bear Stearns & Company.
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