Portfolio Manager - I

ABOUT US:

Northpoint Commercial Finance, (a division of Laurentian Bank of Canada) is a leading commercial lender providing inventory (floorplan) financing to facilitate the sale of products from manufacturer/suppliers to retail dealers throughout North America. We’re looking for a mid-career operations leader to join our Atlanta based team and grow within our organization. Ideal candidates will bring 10 years of risk management, collections, or customer service/relationship skills, along with strong leadership experience in a floorplan lending environment.

POSITION SUMMARY:

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.

Job Type: Full-time

Pay: $78,000.00 - $90,000.00 per year

Benefits:

• 401(k) 4% Match
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Paid parental leave
• Paid time off
• Parental leave
• Referral program
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• No nights
• No weekends

Ability to Commute:

• Alpharetta, GA 30009 (Required)

Work Location: Hybrid remote in Alpharetta, GA 30009

Salary : $78,000 - $90,000