Portfolio Manager III - NextGear Capital

Cox Enterprises; United States; Remote; USD 89,000 - 134,000; Full time

Job summary

NextGear Capital, a Cox Automotive company, seeks a Portfolio Manager to grow and manage a dealer client portfolio with credit lines from $50,000 to $2.5M across the El Paso East territory, ensuring strong relationships and risk-aware growth.

You will educate clients on best practices, monitor performance, and collaborate with Risk & Recovery to minimize losses. Remote-friendly for qualified candidates in the territory.

Qualifications

• BA/BS with 4+ years related experience in finance, client facing, customer service, B2B, account management and/ or collections.
• Automotive and/or floorplan industry background preferred.
• Financial knowledge and acumen.
• Proficient in Excel, Word, PowerPoint, Outlook, Teams and Salesforce.
• Strong financial acumen with working knowledge of key financial tools and terminology.

Responsibilities

• Optimize client portfolio credit usage and manage lines of credit from $50,000 to $2.5M.
• Meet or exceed targets by engaging with clients and cross-functional teams to drive revenue and profitability.
• Educate clients on best practices and ensure policy compliance.
• Analyze client financials and dashboards to monitor performance and risk.
• Identify growth opportunities using historical data and internal tools.
• Collaborate with Risk and Recovery on pre-default and post-default actions.
• Conduct inventories and audits to ensure accuracy and control.
• Maintain fiduciary responsibilities and report non-compliance or fraud.

Skills

Finance knowledge

Account management

B2B

Collections

Salesforce

Excel

Communication

Remote work

Education

Bachelor's degree

Tools

Salesforce

Excel

Job description

Sep 4, 2026

$89,400 - $134,000/year

Company

Cox Automotive - USA

Job Family Group

Customer Care Group

Flexible Work Option

Can work remotely but need to live in the specified city, state, or region

Travel %

Yes, 50% of the time

Work Shift

Day

Compensation

Compensation includes a base salary in the range of $89,400.00 - $134,000.00. The base salary may vary within the anticipated base pay range based on factors such as the ultimate location of the position and the selected candidate’s knowledge, skills, and abilities. Position may be eligible for additional compensation that may include an incentive program.

Job Description

NextGear Capital, a Cox Automotive company, is hiring a Portfolio Manager.

The Portfolio Manager manages and grows a portfolio of dealer clients across the assigned territory with lines of credit ranging from $50,000 to $2.5M within an assigned geographic territory. The primary responsibilities include building and maintaining relationships with clients, optimizing the portfolio through the clients’ use of the line of credit, identifying and mitigating pre-default account risk, and supporting post-default collections on defaulted accounts.

The geographic territory assigned will be in the El Paso East area. Candidates must live with the assigned territory.

RESPONSIBILITIES

• Optimize each client’s use of the line of credit within an assigned portfolio whose lines of credit range from $50,000 to $2,500,000 by acting as floor plan subject matter expert to their portfolio of clients.
• Achieve goals and performance targets as set by the company by regularly engaging with clients in person or virtually by collaborating with internal partners to drive revenue and maximize profitability through prudent account management, controlled growth and risk mitigation.
• Educate clients on desired performance behaviors, self-service options, and best practices and coach them to ensure compliance with company policies and expectations.
• Collect and analyze client financial information and various internal reports and dashboards to assess and monitor dealer performance and address with the dealer as appropriate to drive growth and manage risk.
• Utilize company provided historical data and tools to identify targets for opportunity of growth and determine clients that are having financial distress.
• Collaborate and strategize with Risk and Recovery department with pre-default risk mitigation and post default collection efforts on defaulted accounts within a specified timeframe. Minimize loss and maximize recovery.
• Physical inspection of inventory, and accuracy of audits and repossession as necessary. Inspect what is expected to ensure quality control, inventory, audit self- reconciliation, addition of inventory and buying behaviors.
• Serve as a fiduciary for the company including identifying and reporting to the company any material client or internal non-compliance with company policies, attempted or actual fraud upon the company or any other circumstance that may require identification and reporting to protect the company.
• Operate with the highest level of integrity and always strive to achieve the best outcome for both the clients and our company.
• Detailed documentation in Salesforce all prudent conversations, activities and client interactions as required by the company KPI’s. Complete all Salesforce campaigns as required by the company.
• Responsible for onboarding new clients to ensure a positive and successful client experience.
• Cultivate Cox Automotive cross functional business unit relationships and opportunities.

QUALIFICATIONS

• BA/BS with 4+ years related experience in finance, client facing, customer service, B2B, account management and/ or collections. A candidate may also have a combination of a Master's degree and 2+ years, or 8 years of experience in lieu of a degree.
• Automotive and/or floorplan industry background preferred.
• Financial knowledge and acumen
• Proficient in Excel, Word, PowerPoint, Outlook, Teams and Salesforce.
• Knowledge of the automotive industry (various sectors).
• Knowledge of the finance industry (various sectors).
• Proficiency of reading and analyzing financials, such as profit & loss, balance sheet, tax returns and bank statements preferred.
• Strong financial acumen with working knowledge of key financial tools and terminology.
• Ability to identify risk indicators through data tools.
• Ability to communicate a proactive performance plan on continuous basis individually and client level.
• 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.
• Ability to maintain a high level of safety awareness and take necessary safety precautions.

Physical Demands

Ability to visit clients at least 60% of the time with occasionally required overnight travel.

Valid driver’s license is required for this position.

Drug Testing

To be employed in this role, you’ll need to clear a pre-employment drug test. Cox Automotive does not currently administer a pre-employment drug test for marijuana for this position. However, we are a drug-free workplace, so the possession, use or being under the influence of drugs illegal under federal or state law during work hours, on company property and/or in company vehicles is prohibited.

The Company offers eligible employees the flexibility to take as much vacation with pay as they deem consistent with their duties, the company’s needs, and its obligations; seven paid holidays throughout the calendar year; and up to 160 hours of paid wellness annually for their own wellness or that of family members. Employees are also eligible for additional paid time off in the form of bereavement leave, time off to vote, jury duty leave, volunteer time off, military leave, and parental leave.

About Us

Through groundbreaking technology and a commitment to stellar experiences for drivers and dealers alike, Cox Automotive employees are transforming the way the world buys, owns, sells – or simply uses – cars. Cox Automotive employees get to work on iconic consumer brands like Autotrader and Kelley Blue Book and industry-leading dealer-facing companies like vAuto and Manheim, all while enjoying the people-centered atmosphere that is central to our life at Cox. Benefits of working at Cox may include health care insurance (medical, dental, vision), retirement planning (401(k)), and paid days off (sick leave, parental leave, flexible vacation/wellness days, and/or PTO). For more details on what benefits you may be offered, visit our benefits page. Cox is an Equal Employment Opportunity employer – All qualified applicants/employees will receive consideration for employment without regard to that individual’s age, race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender, gender identity, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law. Cox provides reasonable accommodations when requested by a qualified applicant or employee with disability, unless such accommodations would cause an undue hardship.

Applicants must currently be authorized to work in the United States for any employer without current or future sponsorship. No OPT, CPT, STEM/OPT or visa sponsorship now or in future.

Cox Business offers tailored technology solutions, including fiber internet and advanced communication tools, to empower businesses with reliable support for success in the digital landscape.

Technology, Information and Internet Technology, Information and Media

Company size 10,001+ employees

Company type Privately held Founded 1898