What are the responsibilities and job description for the Director of Lending position at Signal?
Title: Director of Lending
Reports to: Sr. VP Treasury and Finance
Department: Cash Management
Location: Omaha, NE
Positions Supervised:
Travel Required: Occasional as to attend annual convention and seminars, less than 10%
Compensation: Salary exempt; based on experience
Office Hours: Monday-Friday, 8am-5pm
Who We Are
Signal is an innovative company offering franchising to entrepreneurs or law enforcement for security guard service firms. Signal has redefined the security industry through branding, technology, and its leading-edge business model and is experiencing phenomenal growth. Our corporate office sells franchises, launches them, and provides all the facets of business support and development.
Your Role
The Director of Lending oversees all aspects of our in-house lending program which is designed to assist our franchises with growing their business. This role is a highly visible position which interacts with franchise owners and home office team members to ensure lending decisions match our criteria and assist with profitable growth. The position also involves coaching, training and mentoring franchise owners to build strong financial acumen during all stages of their business.
What You’ll Do in This Role
Strategic Financial Support 80%
- Oversee cash transfers under the Lending program using established lending criteria.
- Evaluate individual franchise performance trends and assist in identifying action plans to improve cashflow. Follow up on established goals and ensure accountability.
- Understand business drivers and provide coaching to franchises to improve cash flow, profitability and improve KPI’s.
- Responsible for franchise owner training related to the lending program.
- Implement new policies and procedures as needed.
- Work with Technology team to improve process flows and automate processes.
Team Management 10%
- Lead, train, develop, review and ensure accountability of team members.
Relationship Development 10%
- Partner with franchise owners and home office team members to support the franchise network regarding financial acumen and the lending program.
***This job description does not contain a comprehensive listing of activities, duties or responsibilities that are required of the position. Other duties, responsibilities and activities may change or be assigned at any time due to organizational needs
Qualifications/Knowledge:
- Bachelor's Degree in Accounting, Finance or related field; CPA, CMA or MBA preferred
- 7 years of relevant experience in lending or banking
- Franchising experience preferred but not required
- Proficient in Excel, Word and PowerPoint
- Supervisory Experience
- Deeply passionate about our mission and can articulate why
- Willing to contribute to a “Championship Culture” of teamwork, passion, and collaboration
Skills/Abilities:
- Ability to comprehend and analyze detailed financial information/statistics
- Willingness and ability to help non-financial customers understand financial concepts
- Ability to handle multiple tasks at one time
- Strong communication and interpersonal skills
- Excellent problem-solving skills and a drive to improve processes
- Must be able to pass a background check including Motor Vehicle Report
- Must be able to complete all physical requirements of the job with or without reasonable accommodation.
What’s in it For You?
- Competitive base pay, quarterly bonus plan, and long-term incentive plan
- Medical, dental, vision, FSA/HSA options, and employee assistance program covering employee and eligible dependents
- 100% company paid life insurance, short-term disability, and long-term disability
- Paid Time Off and Holidays
- Career development assistance
- Special recognition for employee birthdays and anniversaries
- Company-hosted celebrations
The Office Environment:
As part of the company, you can expect to work in a standard office setting where there is a positive team atmosphere. Our office is a collaborative space where cross-department projects are frequent. Occasional overtime may be required as business needs dictate. You will have exposure to moderate noise levels and on occasion outside weather conditions (walking between buildings, networking events).
Physical Demands:
Requires sitting and standing associated with a normal office environment. Manual dexterity needed for using a calculator, computer keyboard, and phone. This description is intended to provide only basic guidelines for meeting job expectations.
Physical Demands key:
N (Not Applicable)
Activity is not applicable to this occupation.
O (Occasionally)
Occupation requires this activity up to 33% of the time (0 - 2.5 hrs./day)
F (Frequently)
Occupation requires this activity from 33% - 66% of the time (2.5 - 5.5 hrs./day)
C (Constantly)
Occupation requires this activity more than 66% of the time (5.5 hrs./day)
O (Occasionally) – Walk, Reach above head, Climb, Crawl, Squat, Kneel, Bend, Carry 11 lbs. or more, Push/pull 11 lbs. or more
F (Frequently) – Stand, Sit, Handling/Finger dexterity, Reach outward, Carry 10 lbs. or less, Push/Pull 10 lbs. or less
Signal is an equal opportunity employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.