Portfolio Manager (Inventory Finance) - The Toro Company

Who Are We?

The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world-class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us.From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and an average employee tenure of 15 years, come find out what makes The Toro Company the best place in the Twin Cities to build a career.

Highly motivated team player with strong management, analytical, and leadership skills.  Build strong teams that focus on excellent customer service balanced with strong risk mitigation and portfolio management.  Manage joint venture relationship between The Toro Company and Huntington Bank Inventory Finance.

What Will You Do?

In order to grow and build a successful career with The Toro Company, you will be responsible for: ​​​​

• Lead a team of Customer Relationship Analyst (CRA) to ensure that the needs of the dealers, distributors, and manufacturer partners are met.
• Proactively lead and execute on process enhancement initiatives.
• Build and strengthen relationships and partnerships within the TTC network.
• Manage cross-functional projects.
• Act as liaison between Huntington Bank and TTC to establish and maintain strong relationship between the two companies and ensure the JV is productive for both parties.
• Promotes continuous improvement and easy to do business with concepts. 
• Manage staff in terms of selection, performance management, coaching, providing feedback, training and developmental planning.
• Manage all aspects of policy and procedure and ensure controls are implemented to mitigate risk.
• Management of a portfolio of accounts
  • Establish strong, trusting relationships with accounts.
  • Reconcile billing issues and analyze structural changes to distributors.
  • Understand the risk implications to Toro, Huntington Bank, and customer when concerns arise.
  • Maintain compliance with policies, legal documents, procedures, and regulatory authorities.
  • Provide training to customer’s when needed on systems functionality.
  • Manage account credit lines and order approval process.
• Onboarding support of new customers and redocumentation of existing accounts
  • Process Red Iron customer applications per Huntington Bank procedures, and prepare documents for underwriting review. 
• Manages a team responsible for a geographical area of accounts which may include product lines from several divisions.
• Works with multiple external and internal customers.
• Includes some travel to other Toro and Huntington Bank locations (up to 15%)

What Do You Need?

To be considered for this role, an individual should meet the following minimal requirements:​

• BS/BA in Accounting, Economics, or Finance preferred, other 4-year degrees with relevant work experience will be considered.
• 5+ years’ experience in equipment finance is preferred.  Relevant experience in finance, collections, or banking related field will be considered.
• Excellent written, verbal, and interpersonal skills.
• Self-starter / Good organizational and time management skills
• Ability to understand customer’s business in the context of inventory financing.
• An aptitude for learning / mastering a variety of system tools.
• Aptitude for change management and leading a team through change.
• Proficient in Microsoft applications
• A strong desire and skill for customer care and leading with exemplary customer relation skills.

What Can We Give You?   

At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top tier medical/dental/vision plan, 401k, and many other great benefits - The Toro company offers employees at ourBloomington, MN HQlocation a variety of perks, including: 

Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment. 

Location – Conveniently located near both St. Paul and Minneapolis, we are centrally located for most commuters! 

Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached, you can grab a snack and a coffee at any time during your day. 

Wellness - The Toro Company’s HQ offers complimentary use of our onsite fitness facility to employees. In addition to physical wellbeing, TTC offers a variety of mental health and financial health resources to all employees. 

Volunteerism - The Toro Company is proud to provide employees 20 hours of paid time to volunteer in the community. 

Summer Hours – Enjoy a flexible schedule during the summer! By working a little more during the first few days of the week, TTC employees at our Bloomington HQ are able to start their weekends early and leave by noon on Friday.

Flexible Work Arrangements – This team is currently implementing a hybrid work schedule. The opportunity to collaborate in the office and work from home part-time, has promoted team-building and flexibility.  ​#LI-Hybrid​

Competitive Salary – The pay range takes into account skills, experience, education, and location. Cash compensation is one piece of our competitive total rewards package.If you need to, you can access your pay early with the One@Work app, formerly the Even app.

At The Toro Company, we are committed to fostering a secure and trustworthy recruitment process for our applicants. Recruitment fraud is a potential threat to job seekers, so please be aware that throughout our recruitment process, you’ll never be required to pay any fees or disclose personal financial details when applying to TTC opportunities.  

We are proud to be an Equal Opportunity Employer and consider qualified applicants without regard to race, color, religion, sex (including pregnancy and related needs and conditions, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non-merit based factors. We are committed to creating an inclusive environment for all employees.