Portfolio Manager, NextGear Capital (Boise, ID)

Cox Automotive

405d • $77,800 - $116,800 • Remote

About The Position

The Portfolio Manager III at Cox Automotive is responsible for managing and growing a portfolio of dealer clients with lines of credit ranging from $50,000 to $3,000,000 within a specified geographic territory. This role focuses on building and maintaining client relationships, optimizing portfolio performance, mitigating risks, and supporting collections on defaulted accounts. The position requires a strong understanding of the automotive and finance industries, as well as the ability to analyze financial data and communicate effectively with clients and internal teams.

Requirements

• BA/BS with 4+ years of related experience in finance, client-facing roles, B2B, account management, or collections required.
• Combination of a MS degree and 2+ years of experience, or 8 years of experience in lieu of a degree is acceptable.
• Knowledge of the automotive and finance industries is preferred.
• Proficiency in reading and analyzing financial statements such as profit & loss, balance sheets, and tax returns.
• Strong financial acumen and ability to identify risk indicators through data tools.
• Excellent communication, presentation, and interpersonal skills.
• Strong time management, negotiation, and analytical skills.
• Ability to work independently in a remote environment.
• Proficient in Excel, Word, PowerPoint, Outlook, Teams, and Salesforce.

Nice To Haves

• Experience in the automotive and/or floorplan industry.
• Financial knowledge and acumen.

Responsibilities

• Optimize each client's use of the line of credit within an assigned portfolio.
• Achieve goals and performance targets by engaging with clients and collaborating with internal partners.
• Educate clients on performance behaviors, self-service options, and best practices.
• Collect and analyze client financial information to assess dealer performance.
• Utilize historical data to identify growth opportunities and clients in financial distress.
• Collaborate with Risk and Recovery department for risk mitigation and collections.
• Minimize loss and maximize recovery through effective account management.
• Conduct physical inspections of inventory and audits as necessary.
• Document all client interactions in Salesforce as required by company KPIs.
• Onboard new clients to ensure a positive experience.
• Cultivate cross-functional relationships within Cox Automotive.
• Participate in and support other projects and initiatives as required.

Benefits

• Flexible vacation policy allowing employees to take as much paid time off as needed.
• Seven paid holidays throughout the year.
• Up to 160 hours of paid wellness time annually.
• Additional paid time off for bereavement, voting, jury duty, volunteering, military leave, parental leave, and COVID-19 vaccination leave.
• Health care insurance (medical, dental, vision).
• Retirement planning (401(k)).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Wholesale Trade Agents and Brokers
• Education Level: Bachelor's degree