Director of Risk
Floorplan finance company
Our client is a well-established B2B financial company focused on providing floorplan financing for independent automotive dealers. We are seeking an experienced Director of Risk to help lead the charge. Our client is a floorplan leader who values integrity, intelligence, and an ongoing desire to improve staff skills, risk policies, procedures, and team growth. Does this align with values? I hope it does.
The Director of Risk is responsible for risk identification and loss mitigation. As a member of the Senior Management team , our Director of Risk will significantly contribute to our risk policies and control of loan portfolio delinquency and charge-offs.
Supervisor responsibilities include:
- Lead Risk Personnel, plus collections, repossessions, workouts, and winddowns
- Ability to lead 20 personnel in Risk, Collections, and Repossessions members
Our Director of Risk requires the aptitude to be a strong strategist with the experience to be highly technical and the capability to coach, manage, and lead other team members.
Duties and Responsibilities:
- Establish, oversee, and implement all risk policy
- Advisor to the President and other senior staff
- Provide oversight over all loan portfolios, monitoring them for inherent quantitative or qualitative risks that may affect company
- Lead staff and/or external consultants in one or more functions related to the design, development and implementation of risk models and strategies for account management, underwriting, collections, profitability, and customer relationship management.
- Identify and recommend appropriate risk systems; interfaces as appropriate with IT and external vendors to select.
- Collaborate and coordinate clear direction for the company's long-term growth plan using business intelligence and market feedback. Coordinate with Sales and Marketing and Finance to implement plan for effective product sales.
- Work closely with other departments in preparation of long-term vision, and regular business reviews.
Education and Experience:
A college degree is required in Finance, Mathematics or Statistics or similar
- A minimum of 5 years' experience in line management in a risk environment.
- Prior years of experience working in financial institutes, specifically in floor planning, B2B
REQUIRED SKILLS:
- Ability to statistically analyze the portfolio from a risk perspective.
- Excellent understanding of lending economics, industry trends, and key drivers of profitability
- Experience with automotive financial services B2B
- Expert skills in the area of quantitative analysis, statistical model development, and forecasting
- Financial institution, lending or banking knowledge.
- Understand pricing, product development, and credit risk
- Strong written, verbal, analytical, and presentation skills.
- MS Office products and other Risk related software
- Managerial and leadership skills.
This position is based in Indiana
Executive compensation plan, including salary, bonus, benefits.
For a confidential interview please contact the nation's leading automotive financial recruitment firm - Automotive Personnel, LLC
(link removed)reers
Automotive Personnel, LLC We find the People Who Drive the Automotive Industry .
KEY WORDS: risk management, automotive finance, subprime finance, automotive subprime finance, floor plan, commercial finance, rick, collections