Bancorp Bank

Position Summary

Work Arrangement:

***This position is available as a hybrid position in our Wilmington, DE office.***

At The Bancorp, we’ve spent more than 25 years driving innovation in the financial services industry. As one of the first banks to embrace fintech, we combine technology, expertise and a forward‑looking approach to deliver creative, real‑world solutions. We work side by side with our partners to help them grow and innovate with confidence. Across Fintech Solutions, Institutional Banking, Commercial Lending and Real Estate Bridge Lending, we provide the people, processes, technology and banking capabilities that turn bold ideas into outcomes.

Join a team that brings urgency and rigor to every challenge and plays a direct role in driving growth for our clients and the communities we serve.

The Director Controller role is responsible for overseeing the bank’s accounting and financial reporting functions, ensuring accuracy, integrity, and compliance with GAAP, regulatory requirements, and internal controls. This role leads the financial close process, manages accounting operations, supports audits and regulatory examinations, and partners with Finance and business leaders to ensure sound financial management.

Key Responsibilities

• Oversees the bank’s accounting operations and financial close process, ensuring timely, accurate monthly, quarterly, and annual financial statements in accordance with GAAP and regulatory requirements.
• Ensures compliance with banking regulations and reporting requirements, including Call Reports and other regulatory filings, and serves as a key point of contact for regulatory examinations.
• Maintains and strengthens internal controls over financial reporting, including oversight of SOX, policies, and procedures.
• Supports external and internal audits, including coordination with auditors, preparation of audit schedules, and resolution of audit findings.
• Develops, maintains, and governs accounting policies, position papers, technical accounting memos, and accounting procedures.
• Establishes governance over accounting data, reports, system interfaces, reconciliations, and key financial reporting dependencies.
• Oversees general ledger and key accounting estimates, including allowances, accruals, and valuation reserves.
• Partners with Treasury, Risk, and FP&A to ensure alignment between financial reporting, liquidity, capital, and balance sheet activities.
• Leads and develops the accounting team, providing guidance, performance management, and support for professional development.
• Supports financial reporting enhancements and system initiatives, including accounting system upgrades, process improvements, and automation efforts.
• Performs other duties as assigned.

Manager Responsibilities

• Manages team of employees by overseeing day‑to‑day operations
• Sets high performance standards and manages team performance in accordance with HR policies and procedures
• Creates a flexible and energized work environment, fostering an atmosphere that enables employee trust and engagement
• Inspires confidence and motivates others to perform at their best
• Develops staff while effectively addressing performance issues

Qualification Requirements

• Bachelor’s degree in Accounting, Finance, or related field, or equivalent experience.
• CPA required.
• 10+ years of relevant accounting experience or equivalent combination of experience and expertise.
• Advanced degree or equivalent experience preferred.
• Experience with regulatory reporting and bank audits, strongly preferred.
• Strong knowledge of GAAP, bank accounting, and regulatory reporting, preferred.
• Proven leadership and team management skills, preferred.
• High attention to detail and strong controls mindset, preferred.
• Excellent communication and cross‑functional collaboration skills, preferred.

Travel

• No travel required.

Additional Information

This job will be open and accepting applications for a minimum of five days from the date it was posted.

Working at The Bancorp Bank, N.A. and Benefits Information: https://thebancorp.com/company/join-our-team/

Company Culture & Background Screening

Company Culture at The Bancorp Bank: https://www.thebancorp.com/company/company-culture/

The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.