About the role

  • Portfolio Manager at NextGear Capital managing dealer clients' portfolios across Missouri, Arkansas, and Kansas. Focusing on credit management and client relationship optimization.

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 by acting as floor plan subject matter expert to their portfolio of clients
  • Achieve goals and performance targets as set by the company by regularly engaging with clients in person or virtually by collaborating with internal partners to drive revenue and maximize profitability through prudent account management, controlled growth and risk mitigation
  • Educate clients on desired performance behaviors, self-service options, and best practices and coach them to ensure compliance with company policies and expectations
  • Collect and analyze client financial information and various internal reports and dashboards to assess and monitor dealer performance and address with the dealer as appropriate to drive growth and manage risk
  • Collaborate and strategize with Risk and Recovery department with pre-default risk mitigation and post default collection efforts on defaulted accounts within a specified timeframe
  • Complete all Salesforce campaigns as required by the company
  • Responsible for onboarding new clients to ensure a positive and successful client experience

Requirements

  • 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 Master's 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
  • Knowledge of the automotive industry (various sectors)
  • Knowledge of the finance industry (various sectors)
  • Proficiency of reading and analyzing financials, such as profit & loss, balance sheet, tax returns and bank statements preferred
  • Strong financial acumen with working knowledge of key financial tools and terminology
  • Ability to identify risk indicators through data tools
  • Strong negotiation and collection skills
  • Valid driver’s license is required for this position

Benefits

  • The Company offers eligible employees the flexibility to take as much vacation with pay as they deem consistent with their duties, the company’s needs, and its obligations
  • Seven paid holidays throughout the calendar year
  • Up to 160 hours of paid wellness annually for their own wellness or that of family members
  • Additional paid time off in the form of bereavement leave, time off to vote, jury duty leave, volunteer time off, military leave, and parental leave
  • Health care insurance (medical, dental, vision)
  • Retirement planning (401(k))

Job title

Portfolio Manager III

Job type

Experience level

Mid levelSenior

Salary

$89,400 - $134,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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