Account Manager - Floorplan Financing

First Business Bank; Madison (WI); Remoto; USD 95.000 - 130.000; Tempo pieno

Descrizione del lavoro

First Business Bank is seeking an experienced Account Manager for Floorplan Financing to oversee an expansive dealer portfolio in a fully remote role. You will focus on credit quality, collateral monitoring, and financial analysis while maintaining strong client relationships across independent automotive dealers.

You will lead annual reviews, collaborate with underwriting, and proactively manage risk and covenant compliance, ensuring portfolio performance and client satisfaction across the

Competenze

• This role focuses on floorplan lending and credit analysis for automotive dealers.
• Strong portfolio management and risk awareness are required.
• Experience with dealer inventories and collateral monitoring is important.
• Ability to monitor covenants and credit administration processes.
• Proven track record in annual reviews and renewals is preferred.

Mansioni

• Manage an assigned floorplan portfolio in accordance with loan policies and procedures.
• Continuously evaluate dealer financial performance, inventory position, operations, and credit quality.
• Analyze and verify collateral positions in partnership with floorplan operations.
• Monitor financial statements, loan performance, covenants, audits, and risk indicators.
• Recommend timely risk rating changes based on client performance.
• Identify emerging credit concerns and develop action plans or exits.
• Maintain complete and accurate client credit and legal files.

Conoscenze

Floorplan lending

Credit analysis

Portfolio management

Client relationships

Credit administration

Descrizione del lavoro

Join us today as the Account Manager - Floorplan Financing

First Business Bank is a Top Workplaces USA company, learn morehere.

At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority - they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other's differences, and a focus on improving our communities, we are confident you'll find the experience is your advantage. We're delighted you're considering joining us!

Location: Fully remote

Position Overview:

We are seeking an experienced floorplan lending professional with strong credit and portfolio management expertise to manage an established portfolio of independent automotive dealer relationships.

In this fully remote role, you will serve as a key point of contact for clients while maintaining a strong focus on credit quality, collateral monitoring, financial analysis, risk ratings, covenant compliance, and overall portfolio performance.

• Manage an assigned floorplan portfolio in accordance with established loan policies and procedures.
• Continuously evaluate dealer financial performance, inventory position, operations, and overall credit quality.
• Analyze and verify collateral positions in partnership with floorplan operations.
• Monitor financial statements, loan performance, covenants, audits, and other risk indicators.
• Recommend timely risk rating changes based on changes in client performance or credit quality.
• Identify emerging credit concerns and develop appropriate action plans or exit
• Maintain complete and accurate client credit and legal files.

Lead Annual Reviews & Ongoing Credit Oversight

• Prepare renewals and annual reviews for clients within your assigned portfolio.
• Prepare credit and portfolio information for quarterly portfolio reviews.
• Effectively communicate credit recommendations, emerging risks, and portfolio performance to senior management and Loan Committee members.
• Partner with underwriting to prepare credit presentations and recommendations.

Manage & Retain Client Relationships

• Develop a strong understanding of each dealer's business model, financial performance, inventory, and financing needs.
• Maintain regular communication with clients and build trusted, long-term relationships.

Support New Business

• Participate in pre-proposal discussions for prospective clients.
• Provide credit and floorplan expertise during the prospect evaluation process.
• Support Business Development Officers during proposal discussions, prospect calls, or visits as needed.

Qualifications:

This role is ideal for someone who can look beyond the numbers and understand the credit story of an independent automotive dealer.

Successful candidates will bring experience with areas such as:

• Floorplan lending, inventory financing, or automotive commercial lending
• Commercial credit analysis and financial statement review
• Dealer inventory and collateral monitoring
• Portfolio and concentration risk
• Risk ratings and credit administration
• Loan covenants and covenant compliance
• Annual reviews and renewals
• Identifying deteriorating credit and developing appropriate action plans
• Preparing and communicating credit recommendations to senior leadership or Loan Committee