Chief Financial Officer

INvestEd is seeking an enterprise finance leader to guide financial strategy, stewardship, and long-term sustainability. In this onsite/hybrid role in Carmel, IN, you will partner closely with the President & CEO, COO, the board, and senior management to turn complex financial and portfolio information into clear, decision-ready guidance that supports mission impact alongside disciplined fiscal management.

Responsibilities

• Develop and execute a long-term financial strategy aligned with INvestEd’s mission, strategic priorities, operating model, and growth objectives.
• Advise executive leadership and the board on financial sustainability, capital structure, resource allocation, pricing, investment priorities, and enterprise risk.
• Lead scenario planning and financial modeling for strategic initiatives, partnerships, new loan products, mission programs, and potential acquisitions or asset transactions.
• Convert financial and market data into concise recommendations for executive and board consideration.
• Ensure financial implications are embedded in organizational planning, performance management, and major decisions through cross-executive collaboration.
• Anticipate the impact of changing economic and capital-market conditions, including interest rates, credit cycles, and funding markets, on the balance sheet, loan portfolio, and long-term plan.
• Oversee accounting, financial reporting, budgeting, forecasting, cash management, and financial administration activities.
• Manage the annual operating and capital budget process, maintain rolling forecasts, and sustain multi-year financial planning.
• Ensure timely, accurate, and decision-useful financial reporting in line with applicable accounting standards and organizational policies.
• Maintain strong internal controls, including segregation of duties, financial policies, approval authorities, and documentation that safeguards assets and supports accountability.
• Oversee the annual independent audit, tax filings, and regulatory filings, coordinating with external auditors, advisors, and service providers.
• Drive continuous improvement and appropriate automation across finance processes, systems, data architecture, and reporting tools.
• Provide financial leadership for private education loan and refinancing portfolios, including profitability, credit performance, pricing, funding, liquidity, and long-term sustainability.
• Monitor originations, approvals, disbursements, delinquencies, defaults, prepayments, recoveries, servicing costs, net interest margin, and portfolio concentration against approved risk parameters.
• Oversee allowance and reserve methodologies, portfolio stress testing, vintage and cohort analysis, and reporting related to expected credit losses and capital adequacy.
• Evaluate the economics and financial risks of new products, underwriting changes, servicing arrangements, capital sources, and strategic lending partnerships.
• Collaborate with operations, compliance, legal, marketing, and external service providers to support responsible lending practices and accurate financial execution across the loan lifecycle.
• Lead treasury strategy, cash forecasting, liquidity management, reserve policy, investment oversight, and prudent deployment of organizational assets.
• Manage relationships with banks, trustees, investment managers, rating agencies, lenders, capital providers, and other financial counterparties.
• Assess and manage interest-rate, liquidity, counterparty, market, and funding risks, including changing conditions in the capital markets.
• Support debt issuance, refinancing, credit facilities, securitization or structured funding activity, and other capital transactions as appropriate to INvestEd’s strategy.
• Ensure compliance with board-approved investment policies, debt covenants, reserve requirements, and restrictions governing designated or restricted funds.
• Serve as the primary finance liaison to the board and relevant committees, providing transparent reporting, forecasts, risk analysis, and recommendations.
• Prepare and present financial materials that help directors understand financial performance, portfolio trends, liquidity, investments, risk exposures, and strategic tradeoffs.
• Partner with the COO and other leaders to maintain an integrated enterprise risk framework covering financial, credit, operational, regulatory, cybersecurity, vendor, and reputational risk.
• Ensure compliance with applicable nonprofit, lending, tax, accounting, financial reporting, and regulatory requirements.
• Maintain effective relationships with auditors, regulators, counsel, consultants, other advisors, and ensure timely remediation of identified findings or control gaps.
• Build, lead, mentor, and retain a high-performing finance organization focused on technical excellence, accountability, responsiveness, and service to internal partners.
• Establish clear roles, performance expectations, succession plans, and professional development priorities across accounting, financial planning, treasury, portfolio finance, and related functions.
• Promote a culture of integrity, constructive challenge, disciplined analysis, and continuous improvement.
• Represent INvestEd with financial institutions, capital providers, investment partners, auditors, regulators, public officials, education partners, and other external stakeholders as requested.
• Support strategic relationships that strengthen INvestEd’s financial capacity, mission reach, market credibility, and long-term sustainability.
• Communicate INvestEd’s financial model, stewardship practices, and mission impact with clarity and credibility to sophisticated financial and public-sector audiences, serving as a trusted ambassador for prudent financial management, transparency, and responsible lending.

Requirements

• At least 10 years of progressively responsible financial leadership experience, including significant experience in a senior finance role with enterprise-wide responsibility.
• Proven success leading financial strategy, accounting, planning and analysis, treasury, investments, audit, controls, and board reporting in a complex organization.
• Experience in lending, banking, consumer finance, public finance, nonprofit finance, asset management, insurance, or another regulated financial environment; education finance or student lending experience is preferred but not required.
• Strong understanding of student loan portfolio economics, credit performance, reserves, liquidity, capital deployment, interest-rate risk, and financial modeling.
• Demonstrated ability to develop and manage annual budgets, rolling forecasts, multi-year plans, scenario analyses, and executive performance dashboards.
• Deep knowledge of generally accepted accounting principles, audit practices, internal controls, tax and regulatory reporting, and governance expectations applicable to nonprofit or public-benefit organizations.
• Experience presenting complex financial information to boards and committees in a concise, transparent, decision-oriented manner.
• Track record of building and developing high-performing teams and improving finance systems, processes, controls, and analytical capabilities.
• Ability to establish credibility with external financial institutions, auditors, regulators, investment managers, capital providers, and public sector stakeholders.
• Fluency with modern financial systems, business intelligence and reporting platforms, and emerging analytical tools, with a track record of using technology to strengthen forecasting, reporting, and decision support.
• Exceptional integrity and judgment, with the courage to surface risk, challenge assumptions, and protect the organization’s long-term interests.
• Collaborative leadership style characterized by humility, responsiveness, accountability, and an ability to influence across functions.
• Commitment to INvestEd’s mission of helping Hoosiers pursue education beyond high school with the least possible debt.

Compensation & Location

Salary: From $200,000.00 per year

Location: Hybrid remote in Carmel, IN 46082 (onsite)

Benefits

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Health savings account
• Paid time off
• Parental leave
• Professional development assistance
• Tuition reimbursement
• Vision insurance