Branch Manager Trainee I

Lendmark Financial Services•Port Orange, FL

About The Position

Lendmark Financial Services’ Branch Manager Trainee program develops future branch managers to fill openings resulting from growth, acquisition, and turnover. The program has two phases. Phase I introduces trainees to the consumer finance industry and all phases of branch operations. Upon completing Phase I, trainees must be willing to relocate and sign a commitment. Trainees who complete self-study assignments and meet individual production requirements may be considered for Phase II. During Phase I, trainees learn consumer finance basics; credit and non-credit products; credit extension; collections and account servicing; bankruptcy basics; client service; and internal and external business development, including sales. Trainees also contribute as individual producers on the branch team by generating loans, servicing part of the branch’s consumer loan portfolio, meeting state licensing requirements for non-credit products, building merchant relationships and financing programs, and completing independent study requirements. The role is based in a normal office environment and involves travel, occasionally overnight. Extended periods of overnight travel may be required. The position requires willingness to relocate within 45 miles or the surrounding four to six branch locations. Compensation is competitive based on duties and the selected candidate’s knowledge, skills, abilities, and experience. The role is eligible for quarterly incentive compensation based on individual and company performance guidelines.

Requirements

  • High school diploma or GED.
  • No more than two years of consumer finance industry work experience.
  • Ability and willingness to relocate within 45 miles or the surrounding four to six branch locations.
  • Availability for overnight travel; extended periods of overnight travel may be required.
  • Excellent written and verbal communication skills.
  • Competence in Microsoft Office, especially Word, Excel, PowerPoint, and Outlook/Office 365.
  • Familiarity with Windows operating systems, web-based applications, and internet protocol.
  • Internal candidates must submit a separate written request for acceptance into the program and have an EE rating on their most recent Performance Evaluation.

Nice To Haves

  • College degree.
  • Industry-related experience.
  • Bilingual Spanish/English.
  • Ability to relocate.

Responsibilities

  • Learn consumer finance basics, credit and non-credit products, fundamentals of credit extension, collections and account servicing, bankruptcy basics, client service, and internal and external business development, including sales.
  • Generate the required number of loans each month as an individual producer on the branch team.
  • Service an assigned portion of the branch’s consumer loan portfolio to protect Lendmark’s investment against potential losses.
  • Meet state licensing requirements for selling Lendmark’s available non-credit products.
  • Develop business relationships with merchants and establish financing programs with the required number of merchants each month.
  • Complete independent study requirements associated with the Manager Training Program.
  • Complete Phase I requirements and, if eligible, be considered for acceptance into Phase II.
  • Be willing to relocate after Phase I and travel as required.

Benefits

  • Medical, dental, and vision benefits.
  • Paid time off.
  • Paid holidays.
  • 401(k).
  • Life insurance.
  • Long-term disability.
  • Tuition assistance.
  • Employee assistance program.
  • Optional critical care, auto, home, and pet insurance, as well as other ancillary insurance options.
  • Quarterly incentive compensation based on individual and company performance guidelines.
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