Automotive Floorplan Territory Manager

Westlake Financial; Los Angeles (CA); Hybrid; USD 50,000 - 126,380; Full time

Benefits offered by this job

Medical, Dental, and Vision benefits

401(k) matching

Employee Stock Ownership Program

Paid vacation days

Paid sick days

Job summary

A major financial services firm is seeking an Automotive Floorplan Portfolio Manager in Los Angeles. This role involves managing a portfolio of automotive dealerships, driving sales, and ensuring excellent servicing of accounts. Candidates should have 3+ years in finance or sales, strong financial acumen, and the ability to work remotely. The offer includes a performance-based compensation package and various benefits such as health insurance, 401(k) matching, and discounts on attractions.

Qualifications

• 3 years of related experience in finance, sales, account management, and/or collections required.
• Strong understanding of the automotive industry.
• Ability to work independently and in a remote environment.

Responsibilities

• Develop and implement sales strategies to acquire and retain dealer clients.
• Oversee servicing of the automotive floorplan portfolio.
• Monitor dealership conditions and performance.

Skills

Bilingual (English, Spanish)

Strong financial acumen

Strong presentation skills

Negotiation and collection skills

Analytical and problem-solving skills

Time management skills

Interpersonal skills

Proficient in Excel, Word, PowerPoint, Outlook, Teams

Education

BA/BS in related field

Job description

Sherman Oaks, CA | Remote

Westlake Floorplan Company was established in 2013 as a division of Westlake Financial Services – the leading lender for independent and franchise dealerships. Founded to provide inventory financing plan lines of credit to dealerships, Westlake has financed over 190,000 vehicles for more than 3,000 dealerships in 46 states. We utilize cutting‑edge technology, provide strong customer service, unique partnerships, and flexible terms to deliver dealer‑friendly inventory financing.

We are seeking an experienced and motivated Automotive Floorplan Portfolio Manager. This role is pivotal in building and managing a portfolio of automotive dealerships. Responsibilities include signing dealerships, driving sales, ensuring excellent servicing of accounts, and effectively managing associated risks. The ideal candidate will possess a comprehensive understanding of the automotive industry and a proven track record of building and maintaining client relationships.

Key Responsibilities

• Sales Management
  • Develop and implement sales strategies to acquire and retain dealer clients within the automotive sector.
  • Build and maintain relationships with dealership owners and key decision‑makers to understand their financing needs.
  • Identify opportunities for portfolio growth by presenting financing solutions and promoting Westlake Flooring Company’s offerings.
  • Conduct market research to remain competitive and align services with industry trends.
• Servicing
  • Oversee the servicing of the automotive floorplan portfolio, ensuring high levels of customer satisfaction.
  • Monitor account performance and proactively address any issues or concerns raised by clients.
  • Collaborate with cross‑functional teams to streamline processes and enhance customer experience.
  • Provide training and support to dealerships on the use of financing solutions and services.
• Risk Management
  • Monitor dealership conditions and performance.
  • Develop and maintain risk assessment models to evaluate dealership creditworthiness.
  • Collaborate with internal teams to ensure compliance with company policies and regulatory requirements.
  • Monitor the performance of the portfolio, including loan balances, dealer performance, and payment trends.

Qualities we look for in our Area Manager

• Bilingual (English, Spanish)
• Knowledge of the automotive 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
• Strong negotiation and collection skills
• Strong analytical and problem‑solving skills
• Ability to work independently and in a remote environment
• Proficient in Excel, Word, PowerPoint, Outlook, and Teams
• BA/BS in related field and 3 years of related experience; or an equivalent combination of education and work‑related experience
• 2+ years related experience in finance, sales, account management and/or collections required
• Travel: Greater than 75% with some overnight travel required
• Ability to travel, fly, drive
• Ability to sit and stand for extended periods of time
• A valid driver’s license is required for this position, as driving is an essential function. Alternative transportation is not an acceptable substitute.

Pay Rate

• Self‑determined, performance‑based compensation package
• Base pay of $50,000 per year
• Guaranteed bonus income of $2,000 a month for 4 months (month 1 is prorated), $1,500 for months 5 & 6, $1,000 for month 7, and $333 for months 8–12.
• Monthly vehicle mileage reimbursement program average of $450 monthly
• Average representative earning after 1 year – $114,764
• Average earning of top 50 representatives – $126,380
• No limit on commissions

What do we offer?

• Medical, Dental, and Vision benefits
• Life Insurance and Long‑term disability plans
• Flexible Spending Account
• 401(k) matching
• Employee Stock Ownership Program in a $18.2 billion company, plus company matching
• Wellness programs
• Metro Tap Card and Metro‑link reimbursement (for Los Angeles, CA employees only)
• Career Path opportunities
• Discounts on parks, museums, movie tickets, and attractions
• Annual flu shot
• Paid vacation days
• Paid sick days
• Paid holidays
• HGym (available in our Los Angeles, CA & Dallas, TX office)
• Rental Car discounts, Dell Member Purchase Program
• UKG Wallet

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

We are an equal‑opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the organization.