Alliance Laundry Systems LLC · 2 hours ago
Commercial Loan Portfolio Manager
Ripon, WI
Full-time
Onsite
Senior Level
5+ years expAlliance Laundry Systems LLC is seeking a Commercial Loan Portfolio Manager to manage a dynamic secured portfolio of delinquent and defaulted loan accounts. The role involves working with customers to resolve issues while protecting the company's interests and utilizing loan workout strategies for effective portfolio management.
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Responsibilities
Responsible for accurate servicing and maintenance of loans within the asset backed facility and on the Alliance balance sheet
Monitor all accounts using reporting provided by loan software system(s)
Contact delinquent accounts to investigate and help resolve the reasons for late payments and maintain current payments in the future
Perform credit analysis on new and existing guarantors. Collect and analyze financials statements and utility bills to determine business profitability. This information will be used to determine a plan of action in working with any existing or new guarantor while maximizing recovery on assets for the Company. The candidate will present analysis and plan of action to Supervisor for guidance and approval
Work closely with customers to provide loan workouts, amendments, assumptions. Prepare and process loan documentation necessary to facilitate such transactions adhering to strict policies of the Company
Work closely with distributors, landlords and legal counsel to assess defaulted equipment loan transactions. Devise a recommended strategy to pursue for repossession of equipment or store intact. Actively market and liquidate according to this strategy while obtaining the highest possible recovery for the Company
Document all correspondence to ensure accurate history of events relating to the collection efforts
Qualification
Required
A bachelor's degree in a business related field (finance preferred) with coursework or experience in collections, business law and recovery on assets
At least five years' experience in credit and collections work with specific experience in the sale and liquidation of repossessed assets
Working knowledge of PC-based spreadsheet and database software
Working knowledge of the Uniform Commercial Code, secured transaction documentation, and collection law
Ability to maintain the security and confidentiality of the client's credit information and uphold the integrity of Alliance's finance company
Excellent oral and written skills as well as effective interpersonal skills with both internal and external stakeholders
Ability to independently plan, prioritize and carry out simultaneous projects and meet deadlines
Ability to manage multiple tasks, organize tasks and complete them in a timely manner
Company
Alliance Laundry Systems LLC
At Alliance Laundry Systems, our family of brands offers solutions to a worldwide customer base through the delivery of premium quality laundry products and services.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2025-10-09IPO
2015-08-06Acquired
Leadership Team
Brent Tomovik
Senior Finance Business Partner
Gigi Lujan
Associate Human Resources Business Partner
Recent News
Morningstar.com
2025-11-14
StreetInsider.com
2025-10-15
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