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DescriptionThe Head of Restaurant and Franchise Finance
Location:
Columbus, OH
Description:
DescriptionThe Head of Restaurant and Franchise Finance "RFF" is the bank's leading market facing executive in the Restaurant and Franchise Finance space. This role recommends the overall strategic direction and leads the planning cycle for growth in the market. This includes the types of restaurant segments to focus on such as QSR, Full Service, Independent, Pizza, McDonald's, etc. and other concepts outside of restaurants such as gyms, C&G, hospitality, retail outlets, etc. The Head of RFF will coordinate this strategy with product partners in credit management, operations, credit risk, overall risk, marketing, finance, and Info Tech to determine the overall execution strategy and financial plans for the group. In addition to hiring origination and underwriting talent, this role manages the day-to-day sales production in the vertical market space. This includes marketing activities, initial risk assessment, coordinates underwriting, approval, booking, and syndication if needed of loan origination in the Restaurant and Franchise Finance sector. This Head of RFF will also lead efforts with Chief Commercial Banking Officer inside the organization to ensure we have the appropriate credit appetite, policies, procedures to deliver loans, deposits management, and treasury products to the franchise sector. This position is a critical role in the commercial team and will represent NW bank in a key market sector.Essential Functions* Make timely and accurate decisions while thriving in a fast paced environment* Oversight of Restaurant and Franchise Finance vertical's loan origination, portfolio health, and credit appetite* Partner with Credit Management and Risk partners to develop, document, communicate, and maintain credit policy (including portfolio management policy) to ensure underwriting criteria and procedures are appropriate in relation to the bank's risk appetite and business goals* Maximize results by managing portfolio balances, segment concentrations, yields, and risk* Drive proper industry segment identification, client selection, credit appetite and return profile* Develop key performance indicators and holding team accountable for results* Identify and implement operational efficiencies and continuous improvement for the vertical* Recruit, develop, and retain key talent* Build and lead a high performance workforce* Identify opportunities to improve efficiency.* Exercise credit judgment and creativity as appropriate to ensure proper risk/return profile* Ensure compliance with Northwest's policies and procedures and Federal/State regulations* Build strategic partnerships through presenting in a professional manner to new and existing partners of Northwest* Provide business updates to the broader RFF team and to senior management / Board of Directors* Partner with Compliance Officer to ensure adherence to bank policies* Develop and maintain proper compensation structure to ensure portfolio growth and credit quality* Partner with Vendor Management Officer to ensure maximum utilization of technology, optimal efficiency and best practices* Partner with Training Officer to ensure team training needs are met on a timely basis* Manage work hours and FTEs to control costs* Partner with Quality Control to respond to findings* Review exception requests from business partners and department management team* Understand and comply to investor, insurer, and Northwest policies* Maximize results of industry memberships and networking opportunities* Participate in efforts to increase cross-sales between internal business partners* Manage efforts to grow and retain loans and deposits* Manage efforts to generate activity from new and existing customers, as well as non-customersAdditional Essential Functions* Ensure compliance with Northwest's policies and procedures, and Federal/State regulations* Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency* Work as part of a team* Work with on-site equipmentAdditional ResponsibilitiesSafety and Health for Supervisors with Direct Reports* Provide leadership and positive direction for maintaining the safety and loss prevention program* Actively participate in and support employee participation in the safety and loss prevention program by ensuring that employees know how to properly report a safety issue, making sure that all accidents are promptly reported to Human Resources and documented, and ensuring that prompt action is taken whenever workplace hazards are identified* Help implement emergency proceduresQUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.EducationBachelor's Degree Business, Finance, or related field Master's Degree Business, Finance, or related field Work ExperienceMore than 15 years Restaurant and Franchise Finance And8 - 12 years Managing Bank production teams Executive Knowledge, Skills, and Abilities* Ability to develop and implement an organizational vision which integrates key strategic goals, priorities, values, and other factors * Ability to balance change and continuity - to continually strive to improve customer service and program performance, to create a work environment that encourages creative thinking, and to maintain focus, intensity and persistence, even under adversity * Ability to design and implement strategies which maximize employee potential and foster high ethical standards in meeting the Northwest's vision, mission, and goals * Ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies. * Ability to acquire and administer human, financial, material, and information resources in a manner which instills public trust and accomplishes Northwest's mission, and to use new technology to enhance decision making. * Ability to explain, advocate and express facts and ideas in a convincing manner, and negotiate with individuals and groups internally and externally. * Ability to develop an expansive professional network with other organizations * Knowledge of key national and industry policies and economic, political, and social trends that affect Northwest; Understands near-term and long-range plans and determines how best to be positioned to achieve a competitive business advantage Additional Knowledge, Skills and AbilitiesKnowledge of cash flow and leveraged finance loan product and underwriting guidelinesKnowledge of real estate lending as it relates to the restaurant industry Excellent communication and presentation skills with the ability to effectively influence key stakeholders Ability to manage the full client end-to-end experience and problem resolution Proven sales leadership track record Ability to recruit and lead a group of talented bank professionals, whether they are direct reports or partners Experience preparing for and responding to internal and external audits and exams Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Company:
Northwest Bank
Posted:
January 2 on WhatJobs
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More About this Listing: DescriptionThe Head of Restaurant and Franchise Finance
DescriptionThe Head of Restaurant and Franchise Finance is a Franchise Jobs Franchise Job at Northwest Bank located in Columbus OH. Find other listings like DescriptionThe Head of Restaurant and Franchise Finance by searching Oodle for Franchise Jobs Franchise Jobs.
DescriptionThe Head of Restaurant and Franchise Finance is a Franchise Jobs Franchise Job at Northwest Bank located in Columbus OH. Find other listings like DescriptionThe Head of Restaurant and Franchise Finance by searching Oodle for Franchise Jobs Franchise Jobs.