Indirect Lending Business Relationship Manager

ESL Federal Credit Union

Rochester, NY

JOB DETAILS
SALARY
$90,108–$113,596 Per Year
SKILLS
Automotive Industry, Budget Management, Business Case, Candidate Pipeline, Communication Skills, Competitive Research, Consumer Loans, Diversity, English as a Second Language (ESL/TESL), Federal Laws and Regulations, Finance, Follow Through, Identify Issues, Incentive Programs, Industry/Trade Analysis, Interpersonal Skills, Legal, Liens, Loan Servicing, Loans, Market Share, Microsoft Office, Performance Analysis, Presentation/Verbal Skills, Problem Solving Skills, Product Support, Promotional Programs, Relationship Management, Reporting Skills, Sales, Sales Management, Sales Training, Set Goals, State Laws and Regulations, Target Marketing, Time Management, Vendor/Supplier Relations, Willing to Travel
LOCATION
Rochester, NY
POSTED
30+ days ago

Hours:

40

Schedule:

Hours are typically Monday - Friday 8:00am - 5:00pm. Must be flexible to meet current and future business needs.

Comprehensive Benefits:

ESL offers a competitive benefits package which focuses on providing a work life balance for all employees. Our benefits include robust options such as our wellness program, family assistance plan, 401k with match, paid volunteer time and Learning & Development training among many others.

Pay and Incentive Plan:

Starting Pay: $101,852 Pay Range: $90,108 - $113,596

In addition to competitive pay and benefits, we offer an annual performance-based incentive that rewards eligible employees for their contributions to our success.

Purpose:

This position is accountable for maintaining relationships with our Indirect Auto business partners. It will also include the expansion of the program to areas approved by ESL and developing the new relationships into active business partners. Support the established annual business goals and continue to grow established dealer relationship to achieve the AOP targets and market share for the indirect lending program of approximately $1.5 billion.

Accountabilities:

Support corporate goals by developing and implementing an effective dealer relationship program to meet or exceed AOP objectives.

  • Gathers and reports market information to support line of business
  • Provide local market activity, competitor programs / rates, and auto industry trends
  • Acts as liaison between dealer and Indirect Lending department on loan applications
  • Facilitates resolution of member complaints through dealer relationships
  • Provides timely reporting and projections on ESL 's AOP
  • Work collaboratively with Indirect product team to support business case initiatives
  • Networks with local auto industry leaders to promote the ESL brand and the indirect auto program
  • Manages dealer promotional budget used to build and secure relationships
  • Handle all communication between ESL and participating dealer
  • Monitors and updates all legal transactions from existing participating dealers

Cultivate and develop new qualified dealers while supporting and growing current relationships.

  • Identify and target new dealers in expanded ESL market area
  • Makes formal sales presentations to prospective dealers
  • Prepare new dealer account agreements, gather all required documents and verify information
  • Train Finance and Sales Managers on the ESL program and parameters
  • Monitor new dealer performance and effectively communicate expectations to them on a regular basis
  • Maintain relationships with established dealer network
  • Manage dealer network of 200+ active relationships

Assists in collection / loan servicing efforts.

  • Collects and monitors negative dealer reserve and unearned dealer reserve for franchises that go out of business
  • Assist in the collection effort
  • Facilitates dealer buy back of repossessions
  • Assists loan servicing in perfecting ESL as lien holder or registration information
  • Assist with outside vendor relationship issues

Qualifications:

  • Bachelors degree preferred, or 4 years of directly related experience required
  • In addition, 5+ years of successful sales experience in the auto industry
  • Must be self-motivated and able to work independently
  • Proficient in Microsoft Office programs, including internet and e-mail skills
  • Specialized problem solving and trouble shooting skills
  • Excellent interpersonal, communication, and presentation skills
  • Ability to follow through and provide exceptional service
  • Working knowledge of consumer credit and applicable federal and state regulations
  • Extensive road travel required
  • Demonstrates alignment with ESL's Core Values, mission, vision, and purpose to help our community thrive and prosper

We're committed to diversity, equity, and inclusion. We believe we are a stronger, more successful organization because of this commitment. We strive to ensure a robust talent pool of qualified candidates with a variety of skillsets and capabilities for all our openings. We hire great people and welcome all new hires to our award-winning work environment, which has been recognized by the Great Place to Work Institute since 2010.

#LI-JF1

#LI-Hybrid

About the Company

E

ESL Federal Credit Union

Interested in joining a great company? Consider ESL.

As a $5.0 billion full-service financial institution with more than 325,000 members, 20 branch locations, and over 40 ATM locations, we are the largest credit union in New York State -- and one of the most successful credit unions in the country. All of the awards ESL has earned in recent years say some great things about ESL.

icon1  Four time winner as one of the 25 Best Medium Workplaces in America by the Great Place to Work® Institute
icon2  Recipients of the Rochester's Choice Award for more than a decade
icon3  Recognized as one of Training Magazine's "Top 125" companies since 2007

Our award-winning achievements are a direct result of the value generated by a talented workforce. Speaking of a talented workforce, ESL employs more than 660 people from a variety of perspectives and cultural backgrounds. As we continue to expand, we seek talent individuals who share our passion for providing a superior banking experience and who fully appreciate the values that are important to our organization.

ESL and its subsidiaries are an Equal Opportunity Employer and encourages men and women, members of all racial and ethnic groups, individuals with disabilities and veterans to apply
COMPANY SIZE
500 to 999 employees
INDUSTRY
Financial Services
FOUNDED
1920
WEBSITE
https://www.esl.org/careers