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Portfolio Manager, NextGear Capital (Chicago Central Market)

Job Description

About the Opportunity

The Portfolio Manager manages and grows a portfolio of dealer clients across Chicago Central territory with lines of credit ranging from $50,000 to $2.5M within an assigned geographic territory. The primary responsibilities include building and maintaining relationships with clients, optimizing the portfolio through the clients' use of the line of credit, identifying and mitigating pre-default account risk, and supporting post-default collections on defaulted accounts. The geographic territory assigned will be in the Atlanta Northwest area.

Must live within the assigned market.

Responsibilities

  • Optimize each client's use of the line of credit within an assigned portfolio whose lines of credit range from $50,000 to $2,500,000
  • Achieve goals and performance targets as set by the company
  • Educate clients on desired performance behaviors and best practices
  • Collect and analyze client financial information
  • Collaborate with Risk and Recovery department for risk mitigation
  • Physical inspection of inventory and repossession as necessary
  • Operate with the highest level of integrity
  • Detailed documentation in Salesforce
  • Responsible for onboarding new clients
  • Cultivate Cox Automotive cross functional business unit relationships
  • Participate and support other projects and initiatives

About You

  • Knowledge of the automotive industry
  • Proficiency in financial analysis
  • Strong communication and interpersonal skills
  • Ability to work independently and remotely

Eligibility

BA/BS with 4+ years related experience in finance, client facing, customer service, B2B, account management and/or collections required. Candidate can also have a combination of a MS degree and 2+ years, or 8 years of experience in lieu of a degree. Automotive and/or floorplan industry background preferred. Financial knowledge and acumen preferred.

Benefits

  • Flexible vacation policy
  • Seven paid holidays
  • Up to 160 hours of paid wellness annually
  • Additional paid time off for various reasons

About Company

Applicants must currently be authorized to work in the United States for any employer without current or future sponsorship. EOE, including disability/vets

Compensation: USD 98,300.00 - 147,500.00 per year

Disclaimer: The description is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements.