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

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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