Leasing - Finance & Lending Operations Manager at Cincinnati Financial

Fairfield, Ohio, United States -

Full Time

Start Date

Immediate

Expiry Date

17 Jun, 26

Salary

140000.0

Posted On

19 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Stewardship, Governance, Risk Assessment, Credit Risk, Market Risk, Cash Monitoring, Regulatory Filings, Strategy, Financial Planning, Capital Acquisition, Lending Operations, Talent Development, Loan Negotiation, Process Improvement, Analytical Skills, Business Process Design

Industry

Insurance

Description

Make a difference with a career in insurance At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®. If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow. Build your future with us Protect and preserve the assets of the Cincinnati Financial Corporation (CFC) and the affiliated companies of the CFC Investment Company (CFC- I) and the Cincinnati Insurance Companies (CIC) by providing financial and operational leadership for the Lending function within CFC I. The Finance & Lending Operations Manager must balance capabilities, talent, costs, and service levels to fulfill core responsibilities in an efficient and effective manner. The pay range for this position is $110,000 - $140,000 annually. The pay determination is based on the applicant’s education, experience, location, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance. Be ready to: Stewardship & Governance ensure company compliance with financial reporting and control requirements ensure adequate assessment and mitigation of risk, and compliance with applicable regulatory or other legal requirements assess credit risk at the individual loan/lease level and at the aggregate book level understand broader market risk which may adversely impact CFC-I’s business monitor cash needs for the funding of loans/leases and work with business partners to secure funding when needed monitor borrowing costs and market interest rates in order to establish interest rates for product offerings working with Legal Counsel and compliance resources in maintaining and updating compliance programs, reviewing company policies, and advising management on possible risks oversee the preparation and submission of regulatory filings regularly assess company procedures, practices, and documents to identify possible weaknesses or risk ensure all employees are adequately trained on the latest regulations and processes Strategy & Growth lead the preparation of annual financial plan and present to the CFO and CEO for approval. support CFC I leadership team and partner with the CFC Leadership to successfully identify, evaluate and execute strategies of both organizations promote a sense of partnership amongst executives, stakeholders, and business unit leaders implement a process to define optimal targets and to measure the performance of the strategic initiatives through a Balanced Scorecard and/or KPI framework partner with CIC department leads (e.g. Sales, Commercial Lines, Personal Lines, etc.) to identify additional service opportunities leveraging financial perspective to frame the acquisition of capital, help to enable agencies achieve their financial goals, develop and manage the pipeline of new business, and strategic decision-making create a capital and risk management capabilities to support the effective execution of the strategic initiatives of the Company maintain relationships with non-agent, third-party brokers who produce loan/lease applications for CFC-I build and maintain relationships with key members of the Company’s executive team and other stakeholders participate in industry or professional trade groups to understand trends and identify market opportunities Lending Operations assist CFC I leadership to define, manage, and adapt the operating model of CFC-I to support to the evolving needs of the regulatory landscape, market opportunities, risk profile, and talent demands for CFC-I, the agencies it serves, and key stakeholders dynamically balance cost, risk, return on investments, and service levels in delivering on the obligations of CFC-I. develop CFC-I and/or CIC talent negotiate loan and lease terms with customers and third-party funding sources establish and maintain relationships with third-party loan initiation sources review and approve loan and lease documents and check requests manage the collection of delinquent and defaulted accounts including approving potential settlements and/or foreclosures oversee the repossession and disposal of equipment and vehicles when needed ensuring timely payments. This may require making follow-up phone calls and checking in with borrowers to ensure they are paying off their line of credit contact delinquent customers to provide details about the amount of debt owed, penalties, payment options, and maintain accurate records regarding dates and times of contact and customer account status partnering with Accounting to ensure that they receive the appropriate supporting documentation for Accounting entries and to ensure accurate financial reporting preparation of loan closing documents and ensuring all supporting and required information is captured and maintained according to company policy managing loan administrators and performing quality assessments of their loan paperwork for approval or disapproval of requested loan. carefully examine loan applications and verify financial information provided on the application to determine whether the business applying for the loan is capable of meeting monthly loan payments on time once a loan candidate has been assessed, the commercial loan officer will recommend approval or disapproval of the loan application based on the information provided by the business and the data they uncover during the application process Be equipped with: passion for process improvement, building relationships, and solving complex problems excellent communication and presentation skills; be comfortable interacting with executive-level management strong analytical skills and approach to problem solving comfort dealing with ambiguity and the ability to work independently high proficiency in business process design and enhancement fluency with Excel formulas and functions high proficiency in Microsoft Office products Bring education or experience from: a bachelor’s Degree in Accounting/Finance/Economics ten or more years of business finance, lending, or other relevant experience Enhance your talents Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career. Enjoy benefits and amenities Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Embrace a diverse team As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. All job applicants have rights under Federal Employment Laws. Please review this information to learn more about those rights.

Responsibilities

This role involves providing financial and operational leadership for the Lending function within CFC-I, balancing capabilities, talent, costs, and service levels to fulfill core responsibilities efficiently. Key duties include ensuring company compliance with financial reporting, assessing credit and market risk, monitoring funding needs, and leading strategic planning efforts.