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Vice President DFS - Risk Management in Suwanee, GA at Doosan Bobcat

Date Posted: 5/1/2019

Job Snapshot

Job Description

Location : Suwanee 

Job Information

Manage DFS global risk as it pertains to countries, dealers, end users, finance programs, lenders financial strength and program agreements with our lenders.

Collaborate with DFS Regional leaders  to assure appropriate management of risk, including Doosan contingent liability risk, in all targeted global geographies.

Manage lender partners to assure we have the appropriate credit parameters, service metrics and product offerings to meet the needs of Doosan business groups globally. Manage lender program agreements and requirements.  Participate in Lender Executive Committee review meetings. Manage all global Doosan contingent liability reporting.

Ensure lenders use appropriate lending models to facilitate adequate dealer and end user credit availability.

Role & Responsibility

Credit Standards and Processes

  • Maintain standards of credit that are appropriate for the opportunities and the risks as they evolve and develop.
  • Support new Doosan initiatives in such a way as to assure success from a customer (dealer, end user, and Doosan business group) perspective.
  • Focus on solution selling, incremental revenue gains, and controlling the life cycle management of the customer and Doosan equipment.
  • Track Doosan credit and residual recourse commitments and report to appropriate business groups to assure accurate tracking of contingent liabilities.
  • Monitor lender partner portfolios to include delinquency, repossession, and loss trends.
  • Understand global / regional regualatory environment and impact on lenders.

Staff Management

  • Motivate, train and develop members of DFS to implement solutionizing finance programs for the global Doosan sales teams with sound risk management strategies.
  • Develop paths for direct reports, as needed, to further enhance career options in support of Doosans objectives.
  • Create and implement with DFS team, finance and lease training programs for use by global Doosan sales teams.

Cash Generation Initiatives

  • When asked by Doosan Management, lead processes to develop solutions to generate cash by monetizing receivables.

Third Party Lender Management

  • Collaborate with President and Program Managers to manage third party lenders from a risk perspective to sustain and improve our programs.

Job Requirement

  • Education Required: Bachelor's degree in business administration or related field. MBA preferred.
  • Experience Required: 10+ years
  • Travel Required: <40%
  • A major bank or financial services company credit training program to provide proficiency in the concepts of capital, capacity, collateral, character, and conditions for assessing credit risk.
  • Strong credit analytic skills with a background in credit and behavior scoring methodologies as well as financial statement analysis skills.
  • Understanding of lease and loan documentation standards and requirements.
  • Understanding of global / regional lending regulatory environment.
  • Financial loan/lease experience with a bank/third party lender providing expertise in areas of credit (analysis and scoring), application submittal, approval commitments, legal documentation and negotiation, customer service, collections, repossession, sales and remarketing.
  • Knowledge and experience in vendor financing, leasing and floor plan highly preferred.
  • Ability to adapt to cultural differences in the global landscape.
  • Thorough understanding of financial markets and products.
  • Continuous focus on DFS’ customers (the business unit's, their distributors and end user customers of Doosan products).

Others

A drop in approval rates--Collaborate with lender and Doosan business group to assess results and key drivers. Work with both groups to assess solutions and guide business group and lender to a best solution to minimize any negative impact on the business group and to assure lender is fully marker competitive.

A business group financing need for end users not being fulfilled--Collaborate with Program Managers to assess the opportunity and needs. Identify potential third party lender solutions. Negotiate program agreements where needed.  Establish metrics for tracking performance. Work with Program Executive Committee to assure all parties (lender, business group,DFS) are meeting or exceeding objectives.

The world-renowned brands that make up Doosan Bobcat produce industry-leading compact and heavy construction equipment, attachments, air compressors, lighting systems, generators and articulated dump trucks. Doosan Bobcat is a part of the Doosan Group, which employs 43,000 people in 38 countries worldwide. With people at the core of who we are, we believe the growth of our people will lead to the continued growth and success of our world-class company. Our team of dedicated employees is the backbone that allows us to provide construction equipment solutions that help our customers build the world of tomorrow. Wherever you find us, you’ll hear the sounds of progress, see the results of our people and feel the rhythm of transformation in everything we do.

Doosan is committed to a diverse workforce and is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to sex, age, race, color, religion, creed, citizenship status, national origin, disability, marital status, sexual orientation, gender identity, protected veteran status, or any other status or characteristic protected by law. Individuals with disabilities who require a reasonable accommodation in the application process or who need assistance accessing the information on this website should call 701-476-4263. Doosan is a VEVRAA federal contractor and seeks priority referrals of protected veterans. The Company's Georgia hiring location is Atlanta, Georgia. Contact Kyle Lantz for information on this listing.

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