Portfolio Manager - NextGear Capital (St. Petersburg, FL)
Cox Automotive Inc. - Miami, Florida, us, 33222
Work at Cox Automotive Inc.
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Overview
Portfolio Manager - NextGear Capital (St. Petersburg, FL)
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Cox Automotive Inc. 2 days ago Be among the first 25 applicants Join to apply for the
Portfolio Manager - NextGear Capital (St. Petersburg, FL)
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Cox Automotive Inc. Get AI-powered advice on this job and more exclusive features. Job Description
NextGear (a Cox Automotive company) is hiring a Job Description
NextGear (a Cox Automotive company) is hiring a
Portfolio Manager
to support the assigned St. Petersburg, FLA Territory. The Portfolio Manager is responsible for managing and growing our $50k to $2.5M within the 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.
Candidates must live within the zip codes related to the St. Petersburg, FLA Territory.
Essential Duties And Responsibilities
Optimize each client's use of the line of credit within an assigned portfolio whose lines of credit range from $50k to $2.5M by acting as a 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 add monitor dealer performance and address with the dealer as appropriate to drive growth and manage risk. Support the Risk and Recovery department with pre-default risk mitigation and post default collection efforts on defaulted accounts. 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. Support the Risk and Recovery department with pre-default risk mitigation and post default collection efforts on defaulted accounts. Document in Salesforce all activities and client interactions as required by the company. Cox Automotive cross business unit relationships and opportunities.
Job Knowledge, Skills And Abilities
Automotive industry (various sectors). Finance industry (various sectors). Strong financial acumen with working knowledge of key financial tools and terminology. 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
Bachelor's degree in related discipline and 4 years' experience in a related field (finance, client facing, B2B, account management and/or collections) required. The right candidate could also have a different combination, such as a master's degree and 2 years' experience; a Ph.D. and up to 1 year of experience; or 8 years' experience in a related field in lieu of a degree. Automotive and/or floorplan industry background preferred. Financial knowledge and acumen preferred.
Physical Demands
Travel: Greater than 25% with some overnight travel required. Ability to travel, fly, drive. 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 87,200.00 - 130,800.00 per year
Compensation
Compensation includes a base salary of $87,200.00 - $130,800.00. 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. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Software Development Referrals increase your chances of interviewing at Cox Automotive Inc. by 2x Sign in to set job alerts for “Portfolio Manager” roles.
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