Director, Portfolio Management

GreatAmerica Financial Services Corporation; Cedar Rapids (IA); Hybrid; USD 140,000 - 190,000; Full time

Benefits offered by this job

Hybrid work arrangements

Monthly bonuses

401(k) with company match

Annual profit sharing

Paid time off

Health, dental, vision insurance

Job summary

GreatAmerica Financial Services Corporation is seeking a Director of Portfolio Management to lead the Portfolio Management function. You will drive customer-focused, risk-aware performance, oversee training and policy, and set staffing levels while mentoring future leaders.

You will collaborate with senior leaders to steer strategy, monitor performance, and implement enhancements across processes and controls in a fast-paced environment. Hybrid work and a strong rewards culture are emphasized.

Qualifications

• Bachelor’s degree in business, finance, or related field.
• Minimum seven years in operations or Portfolio Management with leadership.
• Ability to present portfolio insights clearly to senior leaders.

Responsibilities

• Lead Portfolio Management strategy balancing client relationships, risk, and financial performance.
• Define early-intervention approaches to payment barriers.
• Allocate resources based on risk, complexity, and outcomes.
• Set expectations and coach leadership across the function.
• Communicate updates and forecast results to leadership.
• Escalate portfolio risks and trends to appropriate leaders.
• Build metrics and staffing plans for short and long term.
• Foster a culture of risk awareness and continuous improvement.

Skills

Leadership

Coaching

Executive presence

Communication

Strategic thinking

Education

Bachelor’s degree in business or finance

Tools

Microsoft Office Suite

Salesforce

InfoLease

OnBase

Job description

GreatAmerica is a highly successful entrepreneurial company providing equipment financing to businesses across the United States. Our exemplary customer service, our principle-centered business philosophy and our team-based operating approach are key to our success and growth. We have also recently become a bank!We Are Looking to Add a Key Member to Our Operations Team!The Director of Portfolio Management is responsible for leading the Portfolio Management function including all facets of training, policy & procedure management, hiring and succession planning. Success in this role means driving high standards for customer service, maintaining acceptable performance in handling all end user and customer interactions, continually driving process improvements and efficiencies, and employing a highly talented and engaged team that has strong relationships with our customers.As a member of the Corporate Operations leadership team, it is imperative that this individual be a strong role model for the GreatAmerica principles and the GreatAmerica Experience. The right candidate will have a vision for the Portfolio Management function and will drive strategic initiatives that move the function closer to that vision. They should have strong working relationships with leaders at all levels of the organization and be proactive in addressing any customer service and/or complaint issues with the appropriate leaders. They will monitor internal trends with interaction performance and will also monitor industry trends to be able to anticipate future impacts on performance. They should be in tune with customer service and collections best practices outside of GreatAmerica and evaluate ideas for possible implementation. The right candidate will proactively stay abreast of new markets, equipment and programs that GreatAmerica engages in to ensure that our customer service practices continue to meet the needs of the organization. The director is responsible for setting metrics and staffing levels for the function for both the short term and the long term. This individual will mentor and coach Portfolio Management functional leaders, as well as help to identify future leaders within and for the function.As a Director, Portfolio Management you will:Establish portfolio management strategies which balance Customer relationships, risk mitigation, delinquency reduction, and financial performanceDefine and implement early-intervention approaches for addressing payment barriers before accounts progress into later-stage delinquencyGuide the allocation of portfolio management resources based on business needs, risk, complexity, Customer needs, and expected outcomesModel and reinforce the organization’s culture by setting expectations for how the function leads, makes decisions, collaborates, and delivers resultsCommunicate functional updates to appropriate business leadershipCommunicate achieved and forecasted results, identify performance gaps, and adapt strategies to meet established targetsEscalate material portfolio risks, emerging trends, and control concerns to appropriate leadershipDevelop benchmarks to monitor performance and to determine staffing needsBuild team capability through coaching, development, and meaningful opportunities that help the Portfolio Management team members reach their greatest potentialLead change adoption by establishing accountability, communication, measures, and reinforcement across the function and in partnership with appropriate business leadersHandle escalated Portfolio Management calls/situationsFoster a culture of risk awareness and accountability by maintaining effective control environments, monitoring key risks, and driving continuous improvement in quality assurance and control practicesEnsure adherence to applicable policies, standards, procedures, and internal controls, proactively identifying control gaps, emerging risks, and opportunities to improve processes, governance, and customer outcomesStay abreast of evolving technologies and apply data insights to improve performance and decision-makingBuild and maintain collections acumen by monitoring emerging practices and trends within equipment financing and broader industriesHave general knowledge of booking procedure file, paperwork, order of fileTo be successful in this role you will need:EducationBachelor’s degree, preferably in business, finance, or a related fieldExperience7 years’ experience in operations or Portfolio Management as well as demonstrated leadership experienceSkills and AbilitiesDemonstrated leadership capability, including effective coaching and mentoring that strengthens performance and develops othersDemonstrated executive presence, with the ability to present complex portfolio insights, recommendations, and results clearly and credibly to senior leadersCommunicate clearly and effectively in writing and verbally across varied audiences and levels of the organizationAbility to remain focused, adaptable, and effective in a fast-paced environmentComputer SkillsDemonstrated technology fluency, with the ability to quickly learn new systems and adapt as technology evolvesPreferred: Microsoft Office Suite, InfoLease/Salesforce, OnBase, Etactics, Vision, phone system softwareSharing rewards is an integral part of our culture. We believe in the value of hard work and reward our employees beyond the paycheck. Our total rewards package is based on eligibility and includes:Financial BenefitsCompetitive CompensationMonthly Bonuses for Eligible Employees401(k) and Company MatchAnnual Profit SharingPaid Time OffHealth, Wellbeing, and Family Planning BenefitsPaid VacationPaid Sick DaysPaid HolidaysGym ReimbursementHealth InsuranceDental InsuranceVision InsuranceShort-Term and Long-Term DisabilityCompany Paid Life InsuranceFlexible Spending Accounts (FSA)Health Savings Accounts (HSA)Employee Assistance ProgramParental LeaveEducation and Career Planning BenefitsTuition AssistanceNetworking OpportunitiesLeadership Development OpportunitiesPerksPaid ParkingService AwardsHybrid work arrangementsBusiness casual environmentA strong organizational culture focused on our greatest asset: you!If your experience aligns closely, please apply. We value diverse backgrounds and adding new perspectives. We encourage you to apply if you can make a strong impact in this role at www.greatamerica.com/careers.Please note, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa.