VP Funding - CDN Dealer Services

Overview

Why GM Financial?

GM Financial is the wholly owned captive finance subsidiary of General Motors. We are a global provider of auto finance solutions.

We offer attractive retail financing and lease programs to meet the needs of each customer. We also offer commercial lending products to dealers to help them finance and grow their businesses.

At GM Financial, we are looking for people who want to embark on an exciting career journey. Our team members define and shape our culture - an environment that welcomes new ideas, fosters integrity, and creates a sense of community and belonging.

Here we do more than work - we thrive.

The VP Funding - CDN Dealer Services manages and develops the funding function in assisting and supporting Canada's day-to-day operations.

This team member is responsible for the proper execution of all internal processes, policies and systems within his / her area of responsibility ensuring that all company policies are met for the Canadian business region.

This team member works extensively with other Company departments, as well as automobile dealers and other finance and credit sources.

This team member will exemplify GM Financials' core values both internally and externally.

Responsibilities

About the Role :

• Lead Funding for Canadian originations
• Manage and review funding data ensuring lease and retail contracts are funded within corporate documentation standards
• Manage key initiatives including the analysis of key business performance and risk indicators, delivery issues, staff performance standards and dealer escalation issues within the Canadian business unit
• Assist in the development and implementation of approved credit programs; ensure compliance with applicable policies and procedures
• Participate in shaping, supporting and effectively executing origination strategies and changes as needed
• Assist leadership with the development of broad-based dealer relationships ensuring volume objectives are achieved within established guidelines
• Hire, train and develop a best-in-class staff (20%)
• Provide the internal staff with specific direction through motivation and team building, assisting in achieving monthly volume objectives according to corporate origination strategies
• Support career growth opportunities for team members and identify / support potential candidates for internal job rotation assignments
• Develop and maintain accurate and detailed reports, both recurring and ad-hoc, regarding departmental performance, and provide such reporting to management as requested
• Ensure satisfactory audit results at the company, provincial, and federal levels
• Maintain budget and expense control for the operational area
• Remain informed of industry related trends and communicate this information to staff on a regular basis
• Provide guidance and support to IT projects relative to the Canadian business

Qualifications

What makes you an ideal candidate :

• Advanced working knowledge of provincial and federal regulatory compliance, and various direct and indirect lending laws
• Ability to diagnose and solve key business issues drawing upon functional expertise and clear understanding of changing market conditions, prevailing industry practices, and dealer / customer service and loyalty
• Sound knowledge of credit underwriting in the automobile finance industry and of GM Financials business segments for effective application of operational strategies
• Proven strategic planning capability, relationship building skills, presentation skills
• Expert level coaching and training skills
• Advanced leadership capabilities

Education

• Secondary School required
• Bachelors degree or equivalent work experience required

Experience

• 7-10 years of related work experience required
• 5-7 years of managing personnel required

What We Offer : Generous benefits package to include : RRSP matching, maternity and parental leave, training, GM employee auto discount, community service hours and paid time off.

Our Culture : Our team members define and shape our culture. We have an environment that welcomes new ideas, fosters integrity, and creates a sense of community and belonging.

Here we do more than work - we thrive.

Compensation : Competitive salary and bonus eligibility; this role is eligible for company vehicle program

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