Portfolio Manager, NextGear Capital (Fort Lauderdale, Fla Territory)

Company

• Cox Automotive - USA
• Job Family Group
• Customer Care Group

Job Profile

• Portfolio Manager III - NGC
• Management Level
• Individual Contributor
• Flexible Work Option
• Can work remotely but need to live in the specified city, state, or region

Travel %

Yes, 50% of the time

Work Shift

Day

Job Summary:

NextGear Capital (Cox Automotive Company) is hiring a Portfolio Manager to support the Fort Lauderdale Florida Territory .  The Portfolio Manager is responsible for managing and growing our $100k 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 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 and 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.

About Us

Through groundbreaking technology and a commitment to stellar experiences for drivers and dealers alike, Cox Automotive employees are transforming the way the world buys, owns, sells – or simply uses – cars. Cox Automotive employees get to work on iconic consumer brands like Autotrader and Kelley Blue Book and industry-leading dealer-facing companies like vAuto and Manheim, all while enjoying the people-centered atmosphere that is central to our life at Cox.

Benefits of working at Cox may include health care insurance (medical, dental, vision), retirement planning (401(k)), and paid days off (sick leave, parental leave, flexible vacation/wellness days, and/or PTO). For more details on what benefits you may be offered, visit our benefits page.

Cox is an Equal Employment Opportunity employer – All qualified applicants/employees will receive consideration for employment without regard to that individual’s age, race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender, gender identity, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law.

Cox provides reasonable accommodations when requested by a qualified applicant or employee with disability, unless such accommodations would cause an undue hardship.

EOE, including disability/vets

Applicants must currently be authorized to work in the United States for any employer without current or future sponsorship. No OPT, CPT, STEM/OPT or visa sponsorship now or in future.