Job Description

Who We Are:
Crossroads Equipment Lease & Finance, LLC, is a wholly owned subsidiary of the Velocity Vehicle group, one of California’s largest commercial vehicle dealers. Established in 2006, and based in Rancho Cucamonga, California, Crossroads engages in the business of commercial medium and heavy-duty truck financing and leasing. We offer operating and finance leasing as well as direct financing to our commercial customers. Crossroads has experienced dynamic growth, expanding our portfolio and developing relationships with transportation companies that have locations outside the state of California, expanding our finance products to all states to service these customers.

What’s in it for You:
Crossroads is a fast paced and growing organization that is looking for candidates that are ready for a daily challenge and cannot wait to provide superior customer service both internally and externally. VVG offers fantastic Culture as well as competitive pay, 401K W/Match, Medical, Dental, & Vision benefits.
What You’ll Do:
The Credit Manager Large Ticket at Crossroads Equipment Lease and Finance, LLC ("CELF") is responsible for maintaining robust risk controls, cultivating relationships with stakeholders, and managing complex underwriting processes. This role is crucial in ensuring CELF's financial integrity and adherence to industry standards. By leveraging portfolio insights and guiding credit decisions, the Credit Manager Large Ticket, plays a key role in minimizing risks and optimizing outcomes for the company. Additionally, this position focuses on nurturing talent within the team, fostering a culture of excellence, and driving continuous improvement to meet evolving business needs.
Job Duties:
• Manage a subset of the credit risk team with a focus on credit applications > $1 mil.
• Conduct thorough and comprehensive analyses of financial statements, credit reports, and other relevant documentation to assess creditworthiness and mitigate risks.
• Collaborate with sales, dealers, and customers to understand their needs, address concerns, and facilitate mutually beneficial agreements.
• Develop and implement key performance indicators (KPIs) to monitor credit performance and track progress towards CELF’s strategic objectives.
• Stay abreast of industry trends, regulatory changes, and best practices in credit risk management, continuously enhancing knowledge and skills.
• Proactively identify key credit, enterprise, legal, financial, and reputational risks applicable to CELF and identify any areas of opportunity within the portfolio.
• Focus on managing CELF’s credit policies and procedures, ensuring policy exceptions are carefully evaluated and approved by the appropriate approving authorities.
• Coach the Credit Analysts to ensure all credit approvals meet CELF’s risk tolerances and guidelines.
• Implement training programs and initiatives to enhance the skills and competencies of team members with a focus on credit/collateral risk assessment, risk mitigation, and financial statement analysis.
• Act as a liaison between the credit risk team and external stakeholders, representing CELF in negotiations, meetings, and industry events.
• Provide a collaborative and inclusive work environment, promoting open communication, teamwork, and professional development opportunities for staff members.
• Lead change management initiatives within the credit risk team, guiding staff through transitions and fostering adaptability to evolving processes and technologies.
• Foster a culture of excellence, accountability, and professional development.
Required Skills and Qualifications:
• Bachelor's degree in Finance, Accounting, Business Administration, or related field
• Minimum of 7 years of experience in credit risk management, preferably in equipment finance.
• Previous experience managing a team of credit analysts and underwriters.
• Knowledge of regulatory requirements and industry standards specific to equipment finance.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams
• Strong financial statement analysis skills, with the ability to interpret financial statements and assess creditworthiness
• Proven leadership abilities, including the ability to motivate and develop teams, drive results, and manage change effectively.
• Proficiency in Microsoft Office Suite and experience with credit management software systems.
• Professional certifications such as Certified Lease and Finance Professional (CLFP) designation are a plus.
Compensation:
• $175,000-$225,000 annually depending on skills and experience
Benefits Crossroads Offers:
• Fantastic Culture
• 401k + match
• Health, Dental & Vision Insurance + HSA & FSA
• Employer paid Life Insurance
• Paid Vacation Days
• Sick Leave
• Company perks such as employee discounts, company events and training programs
• Excellent Training and Career Advancement Opportunities

Crossroads Equipment Lease & Finance, LLC is an equal opportunity employer. Crossroads prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.