Truist

Finance Dealer Advance and Progress Pay Manager

Truist

full-time

Posted on:

Location Type: Hybrid

Location: Boca Raton • Florida • North Carolina • United States

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About the role

  • Own and maintain policies, procedures, and service-level agreements (SLAs) for the Dealer Advance and Progress Pay programs; evolve program frameworks as portfolio performance, regulations, and market conditions change.
  • Review dealer financial statements and assess going-concern risk, including liquidity position, debt service capacity, covenant compliance, and adverse financial trends.
  • Partner with the Risk Management organization to ensure alignment on risk appetite, dealer qualification standards, and program controls.
  • Work directly with prospective dealers to understand their business models, operational capacity, and advance pay requests.
  • Analyze prior dealer fundings, job turnover, and utilization trends to support the setting and ongoing adjustment of Progress Pay limits.
  • Lead, coach, and manage a team of 4–5 Dealer Advance and Progress Pay Analysts responsible for monitoring advance pay agings and ensuring compliance with program requirements and contractual timelines.

Requirements

  • 3+ years of relevant credit experience
  • Bachelor’s degree, or equivalent education and related training or experience
  • Strong computer skills using Microsoft Office and internet
  • Able to use problem solving skills to identify and resolve customer and dealer related issues
  • Strong administrative experience
  • Work well in a team environment
  • Ability to input data accurately
  • Maintain detailed records and files
  • Proven oral and written communication skills consistent with Service Finance standards
  • Provide a positive and professional attitude
  • Good organization and work prioritization skills
Benefits
  • medical
  • dental
  • vision
  • life insurance
  • disability
  • accidental death and dismemberment
  • tax-preferred savings accounts
  • 401k plan
  • no less than 10 days of vacation
  • 10 sick days
  • paid holidays
  • defined benefit pension plan
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
credit experiencefinancial statement analysisrisk assessmentdata inputcompliance monitoringprogram managementproblem solvingadministrative skillsrecord keepingperformance analysis
Soft Skills
teamworkcommunicationorganizationprioritizationleadershipcoachingcustomer serviceprofessionalismattention to detailadaptability