SUBORDINATE POSITIONS: Portfolio Account Executives and Account Managers
ABOUT US:
Northpoint Commercial Finance, (a division of Laurentian Bank of Canada) is a leading commercial lender providing inventory 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 8-10 years of risk management, collections, or customer service/relationship skills, along with strong leadership experience in a commercial lending environment.
SUMMARY OF FUNCTION:
The Portfolio Manager is responsible for all risk management activity and dealer/supplier service within an assigned industry or product line. This position will lead a portfolio management team responsible for all loan collection activity, performance reporting, process development and employee development/engagement. Additionally, the role will act as 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.
MAJOR RESPONSIBILITIES:
Recruits, develops and retains an industry leading team of portfolio management professionals.
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.
Works effectively across all levels of the organization to support corporate mission and common performance goals.
SKILLS:
Minimum 6-10 years commercial lending experience (floorplan preferred)
Strong technical skills in commercial lending operations and credit/financial analysis
Possess a clear understanding of the credit risk management process
Ability to gather, synthesize, organize and interpret data to formulate appropriate conclusions and insights.
Ability to lead a team as well as participate in a team to ensure corporate or departmental objectives are communicated and effectively achieved.
Excellent communication skills, both written and verbal.