Talent.com
Portfolio Manager, NextGear Capital (Chicago Metro South Territory)
Portfolio Manager, NextGear Capital (Chicago Metro South Territory)Cox • Chicago, IL, United States
Portfolio Manager, NextGear Capital (Chicago Metro South Territory)

Portfolio Manager, NextGear Capital (Chicago Metro South Territory)

Cox • Chicago, IL, United States
15 hours ago
Job type
  • Full-time
Job description

Job Summary

The Portfolio Manager manages and grows a portfolio of dealer clients across the assigned Chicago Metro South 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.

  • The Candidate must permanently reside in assigned Chicago Metro South territory .

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.
  • Utilize company provided historical data and tools to identify targets for opportunity of growth and determine clients that are having financial distress.
  • 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. Minimize loss and maximize recovery.
  • Physical inspection of inventory, and accuracy of audits and repossession as necessary. Inspect what is expected to ensure quality control, inventory, audit self- reconciliation, addition of inventory and buying behaviors.
  • Serve as a fiduciary for the company including identifying and reporting to the company any material client or internal non-compliance with company policies, attempted or actual fraud upon the company or any other circumstance that may require identification and reporting to protect the company.
  • Operate with the highest level of integrity and always strive to achieve the best outcome for both the clients and our company.
  • Detailed documentation in Salesforce all prudent conversations, activities and client interactions as required by the company KPI's. Complete all Salesforce campaigns as required by the company.
  • Responsible for onboarding new clients to ensure a positive and successful client experience.
  • Cultivate Cox Automotive cross functional business unit relationships and opportunities.
  • Participate and support other projects and initiatives as required.
  • Perform all other duties as assigned.
  • Job Knowledge, Skills and Abilities

  • 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.
  • Ability to communicate a proactive performance plan on continuous basis individually and client level.
  • Strong presentation, verbal and written communication skills.
  • Strong interpersonal skills with ability to interact with clients, collaborate with internal team members. and external partners at various levels within the organization.
  • Strong time management skills with ability to manage deadlines.
  • Strong negotiation and collection skills.
  • Strong analytical and problem-solving skills.
  • Ability to work independently and in a remote environment.
  • Ability to maintain a high level of safety awareness and take necessary safety precautions.
  • Proficient in Excel, Word, PowerPoint, Outlook, Teams and Salesforce.
  • Education and Experience

  • BA / BS with 4+ yeas 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.
  • Physical Demands

  • Ability to visit clients at least 60% of the time with occasionally required overnight travel.
  • Ability to sit and stand for extended periods of time.
  • Valid driver's license is required for this position.
  • 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.

    USD 95,900.00 - 143,900.00 per year

    Compensation :

    Compensation includes a base salary of $95,900.00 - $143,900.00. The base salary may vary within the anticipated base pay range based on factors such as the ultimate location of the position and the selected candidate's knowledge, skills, and abilities. Position may be eligible for additional compensation that may include an incentive program.

    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; and up to 160 hours of paid wellness annually for their own wellness or that of family members. Employees are also eligible for 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.

    Applicants must currently be authorized to work in the United States for any employer without current or future sponsorship.

    Create a job alert for this search

    Portfolio Manager • Chicago, IL, United States

    Related jobs
    Manager

    Manager

    Hillco Realty Management • Highland Park, IL, United States
    Full-time
    We are seeking a dynamic, hands-on Operations Manager to oversee a diverse portfolio within our family owned holding company. This role provides operational leadership across 12–15 multifamily prope...Show more
    Last updated: 11 days ago • Promoted
    Financial Analyst III

    Financial Analyst III

    US Tech Solutions, Inc. • Lake County, IL, US
    Temporary
    Duration : 12 months contract Hybrid Top 3-5 skills, experience or education required 1.SAP experience – strong understanding and ability to navigate 2. Finance management reporting with the ability ...Show more
    Last updated: 5 hours ago • Promoted • New!
    Multifamily Property Manager

    Multifamily Property Manager

    Frontline Real Estate Partners • Deerfield, IL, United States
    Full-time
    Frontline Real Estate Partners – Deerfield, IL.Frontline Real Estate Partners is seeking an experienced and highly motivated. This position offers a unique opportunity to manage a diverse portfolio ...Show more
    Last updated: 30+ days ago • Promoted
    Project Manager

    Project Manager

    Taza Construction LLC • South Holland, IL, United States
    Temporary
    Taza Construction LLC is seeking an experienced.The successful candidate will be responsible for.Select, negotiate, and oversee. Maintain effective communication with.Construction Management, Civil ...Show more
    Last updated: 6 days ago • Promoted
    Portfolio Manager

    Portfolio Manager

    Dexian • Chicago, IL, United States
    Full-time
    Primary function - Daily rebalancing of portfolios to account for Tax Loss Harvesting requests.Can also participate in daily rebalancing of portfolios via model updates, cash flows and investment o...Show more
    Last updated: 5 hours ago • Promoted • New!
    Collision Estimator

    Collision Estimator

    Crash Champions • HIGHLAND, Indiana, US
    Full-time
    As one of the fastest-growing and most exciting brands in the industry, Crash Champions is the largest founder-led multi-shop operator (MSO) of high-quality collision repair service in the U.The co...Show more
    Last updated: 7 days ago • Promoted
    Senior Project Manager

    Senior Project Manager

    Metric Geo • Mundelein, IL, US
    Full-time
    Senior Project Manager – Heavy Civil (Earthwork & Paving).I’m partnering with one of Northern California’s most respected heavy civil general contractors to help them find a S...Show more
    Last updated: 30+ days ago • Promoted
    Portfolio Manager, NextGear Capital (Chicago Metro South Territory)

    Portfolio Manager, NextGear Capital (Chicago Metro South Territory)

    Cox Communications • Chicago, IL, United States
    Full-time
    Can work remotely anywhere in the specified country.Compensation includes a base salary of $95,900.The base salary may vary within the anticipated base pay range based on factors such as the ultima...Show more
    Last updated: 15 hours ago • Promoted • New!
    Portfolio Manager

    Portfolio Manager

    Bank of Montreal • Barrington, IL, United States
    Part-time
    Provides high quality sales and service to investment clients to deliver an exceptional client experience.Provides technical expertise for all aspects of investment management and administration to...Show more
    Last updated: 3 days ago • Promoted
    Manager, Consumers Financial Group Program

    Manager, Consumers Financial Group Program

    Consumers Credit Union • Lake Forest, IL, United States
    Full-time
    Consumers Credit Union (CCU) is looking for a Manager to oversee daily operations of our wealth management program, Consumers Financial Group (CFG), and drive exceptional financial planning experie...Show more
    Last updated: 5 days ago • Promoted
    Commercial Portfolio Manager

    Commercial Portfolio Manager

    Windsor Management • Mundelein, IL, US
    Full-time
    At Windsor Management, we're constantly expanding and seeking talented individuals to join our growing team.This position is open year-round to support our continued growth and ensure we attrac...Show more
    Last updated: 5 days ago • Promoted
    Senior Portfolio Manager - (WM)

    Senior Portfolio Manager - (WM)

    Midland States Bank • Chicago, IL, United States
    Full-time
    Senior Portfolio Manager - (WM).At Midland, we’re proud to be a little different.You can see it in our bright orange signs-but there’s more to it than that. With our heartfelt and personalized appro...Show more
    Last updated: 16 hours ago • Promoted • New!
    Lead Estimator

    Lead Estimator

    GreenArrow • East Chicago, IN, US
    Full-time
    Is This Where You’re Meant To Be?.So ask yourself?is this where you’re meant to be? .Lead Commercial ...Show more
    Last updated: 14 days ago • Promoted
    Founding Product Manager | Enterprise Workflows | Healthcare

    Founding Product Manager | Enterprise Workflows | Healthcare

    TDA • Mundelein, IL, US
    Full-time
    Hiring : Product Manager (Hybrid – San Francisco).Early-stage, high-ownership role | Enterprise workflows | Real-world impact. We’re looking for a Product Manager who thrives in complex e...Show more
    Last updated: 6 days ago • Promoted
    Senior Portfolio Manager - (WM)

    Senior Portfolio Manager - (WM)

    Midland States Bank Careers • Chicago, Illinois, US
    Full-time
    Senior Portfolio Manager - (WM).At Midland, we’re proud to be a little different.You can see it in our bright orange signs-but there’s more to it than that. With our heartfelt and personalized appro...Show more
    Last updated: 12 days ago • Promoted
    Senior Manager - Portfolio Strategy and Planning

    Senior Manager - Portfolio Strategy and Planning

    United Airlines • Chicago, IL, United States
    Full-time
    Achieving our goals starts with supporting yours.Grow your career, access top-tier health and wellness benefits, build lasting connections with your team and our customers, and travel the world usi...Show more
    Last updated: 15 days ago • Promoted
    Finance Manager

    Finance Manager

    CFS • Lisle, IL, US
    Full-time
    We are seeking a Finance Manager, Strategic Finance to partner with business and operational leaders to drive smarter investment decisions, maximize returns, and support overall financial and strat...Show more
    Last updated: 13 days ago • Promoted
    Construction Project Manager

    Construction Project Manager

    Stevens Engineers & Constructors • Hobart, IN, United States
    Full-time
    Stevens Engineers & Constructors has an excellent opportunity for an experienced and highly motivated.The ideal candidate will have project management experience in industrial construction markets....Show more
    Last updated: 20 days ago • Promoted