The Portfolio Manager I is responsible for all risk management activity and dealer/supplier service within an assigned inventory finance product line territory. This position will lead a portfolio management team responsible for all loan collection activities, performance reporting, process development and employee development/engagement. Additionally, the role will be a subject matter expert within the assigned industry attending trade shows/industry events and working closely with our Business Development team to establish a rapport among key suppliers and industry leaders.

Essential Duties and Responsibilities include the following:

  • Recruits, develops and retains an industry leading team of portfolio management professionals (Account Service Coordinators and Account Managers).
  • Develops and measures portfolio performance and productivity metrics for assigned team.
  • Ensure team is providing prompt, professional and proficient assistance to our commercial customers. Includes inquiries regarding account maintenance, billing statements, audit reconciliations, and assistance with system tools.
  • Performs monthly portfolio reviews of operations collection follow-up procedures according to published policy and operating guidelines.
  • Engages in delinquent account workout strategies partnering with the Special Assets team and/or in-house counsel to ensure effective methods are used to maximize recovery potential.
  • Takes a lead role managing key or high-risk exposures at both the dealer and/or supplier level.
  • Works effectively across all levels of the organization to support corporate mission and common performance goals.

 Qualifications: 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The position requirements are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Minimum Education: Bachelor’s degree in business administration, finance, accounting or related discipline or equivalent combination of experience and education. MBA preferred.

Minimum Experience: 10+ years commercial finance experience specific to floorplan or inventory finance lending.

Language Ability:

Ability to read and interpret documents such as operating instructions and policy and procedure manuals.  Ability to draft customer facing emails/correspondence on a regular basis and reports as needed.  Ability to effectively communicate via telephone as well as in a customer facing opportunity.

Additional Expectations:

  • Strong technical skills in commercial lending operations and credit/financial analysis
  • Strong technical skills in MS based tools and proficiency in all risk management aspects of a floorplan lending system.
  • Possess a clear understanding of the credit risk management process
  • Ability to gather, synthesize, organize and interpret data to formulate appropriate conclusions and decisions in a timely manner with minimal external input.
  • Ability to lead a team as well as participate in a team to ensure corporate or departmental objectives are communicated and effectively achieved.
  • Exceptional communication skills, both written and verbal.
  • Exceptional interpersonal skills and ability to effectively negotiate at all levels inside and outside the organization.
  • 20% business travel is required.