Servicing​/Operations Manager; Englewood Cliffs

Overview

Ferrari has a most desirable track record, in Formula One as well as in GT production cars, record business results and voted one of the World's most powerful brands. Working with Ferrari means working with engineering excellence and innovation on the highest level. Above all Ferrari is an international team working with the highest level of professionalism and dedication, based on performance, meritocracy and continuous development, with innovation at the heart of our future.

In order to strengthen our Ferrari Financial Services team we are looking to hire a Servicing & Operations Manager, based in Englewood Cliffs, NJ.

In this position you will be responsible to pivotal in supporting the full lifecycle of our automotive finance operations, with a focus on client care, delinquency management & asset recovery, legal coordination and vendor management. The ideal candidate will have a proven track record in servicing financial lenders and demonstrate exceptional precision, judgment, pro-activity and professionalism in a fast-paced, varied environment.

As part of the team, your main responsibilities will be:

• Leadership & Team Management: Manage, mentor, and develop a team of servicing professionals, fostering a culture of accountability, collaboration, and continuous improvement. Set clear goals, monitor performance, and provide regular feedback. Champion professional development and ensure team alignment with organizational objectives.
• Data Analysis & Reporting: Collect, analyze, and interpret operational and portfolio data to identify trends, risks, and opportunities. Prepare comprehensive reports and dashboards for internal committees, executive leadership, and C-suite stakeholders. Present findings and recommendations in a clear, concise manner to support strategic decision-making. Portfolio health oversight, including monthly presentation of KPIs to credit committee.
• Delinquency Management: Lead and support portfolio delinquency minimization, including late-stage collection and insurance loss resolution. Ensure all collection activities are compliant with internal policies and regulatory standards. Maintaining delinquency (cost of risk) under control. Personally manage complex cases (i.e. negotiation and resolution with extraordinarily large or sensitive delinquent clients).
• Inspection & Appraisal Management: Oversee vehicle inspection and appraisal processes at the time of pledge and annually, ensuring compliance with lending requirements and maintaining asset quality.
• Wire Request Execution: Facilitate client wire requests by preparing and drafting required exhibits for client signatures, ensuring proper documentation and adherence to transaction protocols.
• Title Perfection & Insurance Review: Ensure all pledged vehicles have perfected titles and maintain adequate insurance coverage, monitoring for compliance and addressing deficiencies proactively. Ensuring FFS has perfected lien filings on vehicle titles (collateral risk). Oversight of insurance on collateral in portfolio of receivables.
• Asset recovery: Coordinate and negotiate complex vehicle recovery activities with range of internal and external stakeholders. Drive innovative solutions in vehicle repossession. Oversight and approval on FFS Inventory disposal, including setting of sales prices of vehicles and review of recommended repair work.
• Legal activities: Work closely with legal counsel as lead on escalation of non-performing loans, with attention to thoroughness and accuracy. Company representative in depositions and trials where FFS is plaintiff, strategically answering questions from opposing counsel. Review legal documentation and representative on subpoena requests, affidavits, motions for summary judgement, etc. Provide the management team updates on strategic collection efforts & provision of structuring recommendations on settlement agreements.
  
  Verification of sensitive client facing documentation for servicing activities. Review of company policies & procedures governing core operating frameworks.
• Client Care & Servicing: Serve as a point of escalation for complex or high-value…